Final dividend for the year ended 31 December 2014

RNS Number : 0327G

Old Mutual PLC

27 February 2015

 



Old Mutual plc

Ref 115/15

27 February 2015

FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2014 (NO. 29)

The Directors of Old Mutual plc (the "Company") are recommending a final dividend for the year ended 31 December 2014 of 6.25p per share (the "Final Dividend"), which will be paid (subject to being approved by shareholders at the Company's 2015 Annual General Meeting) on 29 May 2015. 

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 9 April 2015 and will be announced by the Company on 10 April 2015.

No dematerialisation or rematerialisation within Strate and no transfers between registers may take place between 20 April 2015 and 24 April (or 27 April, in the case of South Africa) 2015, both dates inclusive.

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	9 April 2015
Exchange rates announced	10 April 2015
Last day to trade cum dividend for shareholders on the branch registers in South Africa, Malawi and Zimbabwe and on the Namibian section of the principal register	17 April 2015
Ex-dividend date for shareholders on the branch registers in South Africa, Malawi and Zimbabwe and on the Namibian section of the principal register	20 April 2015
Transfers suspended between registers	Opening of business on 20 April 2015
Last day to trade cum dividend for shareholders on the UK register	22 April 2015
Ex-dividend date for shareholders on the UK register	23 April 2015
Record date (all locations):	Close of business on 24 April 2015
Transfers between registers recommence (except South Africa)	Opening of business on 27 April 2015
Transfers between registers recommence (South Africa)	Opening of business on 28 April 2015
Annual General Meeting	14 May 2015
Payment date	29 May 2015

Enquiries

External communications

Patrick Bowes                           UK        [phone]

Investor relations

Dominic Lagan                           UK        [phone]

Sizwe Ndlovu                             SA        [phone]

Media

William Baldwin-Charles                         [phone]

                                                            [phone]

Notes to Editors

Old Mutual provides investment, savings, insurance and banking services to more than 17 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 2014, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £319 billion of funds under management from core operations.

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

 

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