Final Dividend Declaration

RNS Number : 1572B

Old Mutual PLC

28 February 2014

 



Old Mutual plc

Ref 8/14

28 February 2014

FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2013 (NO. 27)

The Directors of Old Mutual plc (the "Company") are recommending a final dividend for the year ended 31 December 2013 of 6.0p per share (the "Final Dividend"), which will be paid (subject to being approved by shareholders at the Company's 2014 Annual General Meeting) on 30 May 2014.  

Shareholders on the South African, Zimbabwe and Malawi branch registers and the Namibian section of the principal register will be paid the local currency cash equivalents of the Final Dividend under dividend access trust or similar arrangements established in each country. Shareholders who hold their shares through Euroclear Sweden AB, the Swedish nominee, will be paid the cash equivalent of the Final Dividend in Swedish Kronor.  Local currency cash equivalents of the Final Dividend for all five territories will be determined by the Company using exchange rates prevailing at the close of business on 10 April 2014 and will be announced by the Company on 11 April 2014.

Share certificates for shareholders on the South African register may not be dematerialised or rematerialised between 17 April 2014 and 25 April 2014, both dates inclusive.  Transfers between the registers may not take place between 17 April 2014 and 25 April 2014, both dates inclusive, for registers excluding South Africa and between 17 April 2014 and 28 April 2014, both dates inclusive, in respect of the South African register.

A scrip dividend alternative is not being made available in relation to the Final Dividend.

The full timetable for the Final Dividend is set out below:

Currency conversion date	10 April 2014
Exchange rates announced	11 April 2014
Last day to trade cum dividend for shareholders on the branch register in Malawi	14 April 2014
Ex-dividend date for shareholders on the branch register in Malawi	15 April 2014
Last day to trade cum dividend for shareholders on the branch registers in South Africa and Zimbabwe and on the Namibian section of the principal register	16 April 2014
Ex-dividend date for shareholders on the branch registers in South Africa and Zimbabwe and on the Namibian section of the principal register	17 April 2014
Trading suspended between registers	Opening of business on 17 April 2014
Last day to trade cum dividend for shareholders on the UK register	22 April 2014
Ex-dividend date for shareholders on the UK register	23 April 2014
Record date (all locations):	Close of business on 25 April 2014
Trading between registers recommences (except South Africa)	Opening of business on 28 April 2014
Trading between registers recommences (South Africa)	Opening of business on 29 April 2014
Annual General Meeting	15 May 2014
Payment date	30 May 2014

Enquiries

External communications

Patrick Bowes                           UK        [phone]

Investor relations

Dominic Lagan                           UK        [phone]

Kelly de Kock                            SA        [phone]

Media

William Baldwin-Charles                         [phone]

                                                            [phone]

Notes to Editors

Old Mutual provides life assurance, asset management, banking and general insurance to more than 16 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.

In the year ended 31 December 2013, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £294 billion of funds under management from core operations.

For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com

 

END

 

 

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