Result of AGM

RNS Number : 1082N

Old Mutual Limited

27 May 2022

 

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

MSE Share Code: OMU

NSX Share Code: OMM

ZSE Share Code: OMU

("Old Mutual" or "the Company")

Ref 16/22

27 May 2022

RESULTS OF SHAREHOLDER VOTING AT THE ANNUAL GENERAL MEETING ("AGM")

Shareholders are advised that the ordinary and special resolutions proposed in the notice to shareholders dated 26 April 2022, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the Company's AGM held on Friday, 27 May 2022.

The voting results were as follows:

ORDINARY RESOLUTIONS	TOTAL SHARES VOTED				SHARES ABSTAINED
	FOR (%)	AGAINST (%)	NUMBER	%*	%*
Ordinary Resolution 1.1 - To re-elect John Lister as a director of the Company	98.50%	1.50%	2 964 696 131	62.96%	0.14%
Ordinary Resolution 1.2 - To re-elect Sizeka Magwentshu-Rensburg as a director of the Company	99.09%	0.91%	2 964 411 467	62.96%	0.15%
Ordinary Resolution 1.3 - To re-elect Thoko Mokgosi-Mwantembe as a director of the Company	77.84%	22.16%	2 964 213 273	62.95%	0.15%
Ordinary Resolution 1.4 - To re-elect Marshall Rapiya as a director of the Company	97.02%	2.98%	2 868 599 522	60.92%	2.18%
Ordinary Resolution 2.1 - To elect Olufunke Ighodaro as a member of the Audit committee	79.82%	20.18%	2 963 907 707	62.95%	0.16%
Ordinary Resolution 2.2 - To elect Itumeleng Kgaboesele as a member of the Audit committee	98.09%	1.91%	2 964 096 986	62.95%	0.15%
Ordinary Resolution 2.3 - To elect Jaco Langner as a member of the Audit committee	99.94%	0.06%	2 964 194 681	62.95%	0.15%
Ordinary Resolution 2.4 - To elect John Lister as a member of the Audit committee	98.85%	1.15%	2 964 841 091	62.97%	0.14%
Ordinary Resolution 2.5 - To elect Nomkhita Nqweni as a member of the Audit committee	98.32%	1.68%	2 964 308 247	62.96%	0.15%
Ordinary Resolution 3.1 - To re-appoint Deloitte & Touche as joint independent auditors until the conclusion of the next AGM of the company	98.34%	1.66%	2 962 452 707	62.92%	0.19%
Ordinary Resolution 3.2 - To appoint Ernst & Young as joint independent auditors until the conclusion of the next AGM of the Company	99.94%	0.06%	2 964 559 289	62.96%	0.14%
Ordinary Resolution 4.1 - Non-binding advisory vote on the Company's Remuneration Policy	97.20%	2.80%	2 962 516 654	62.92%	0.19%
Ordinary Resolution 4.2 - Non-binding advisory vote on the Company's Remuneration Implementation Report	95.82%	4.18%	2 962 434 833	62.92%	0.19%
Ordinary Resolution 5 - General authority in respect of an issue of ordinary shares for cash	95.30%	4.70%	2 936 114 676	62.36%	0.13%
Special Resolution 1 - To approve the remuneration payable to non-executive directors	97.97%	2.03%	2 962 241 141	62.91%	0.19%
Special Resolution 2 - To grant general authority to acquire the Company's own ordinary shares	97.86%	2.14%	2 935 752 206	62.35%	0.13%
Special Resolution 3 - To approve the provisions of financial assistance to subsidiaries and other related and inter-related entities and to directors, prescribed officers and other persons participating in share or other employee incentive schemes	95.55%	4.45%	2 963 712 800	62.94%	0.16%

*as a percentage of total number of shares in issue as at 20 May 2022 being 4,708,553,649.

Sandton

Sponsors

Johannesburg Stock Exchange	Merrill Lynch South Africa (Pty) Limited ta BofA Securities
Malawi Stock Exchange	Stockbrokers Malawi Limited
Namibia Stock Exchange	PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe Stock Exchange	Imara Capital Zimbabwe plc

Enquiries

Investor Relations
Sizwe Ndlovu Head of Investor Relations		T: [phone] E: [e-mail]
Communications
Vuyo Mtawa		M: [phone]
Head: Group Communications		E: [e-mail]

Notes to Editors

About Old Mutual Limited

Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. Old Mutual's primary operations are in South Africa and the Rest of Africa and it has a niche business in Asia. With 177 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities they serve and the broader society on the continent.

For further information on Old Mutual, and its underlying businesses, please visit the corporate website at www.oldmutual.com .

 

END

 

 

RAGGZGZKMNVGZZM