Ref 109/12
28 November 2012
Old Mutual plc
Old Mutual takes steps to promote e-comms
Old Mutual plc announces that it will shortly be posting letters to shareholders on its South African branch register and on the principal and Namibian sections of its main share register in the UK to inform them of its intention to implement the provisions in the Company's Articles of Association relating to electronic communications, in line with the applicable provisions of the UK Companies Act 2006.
In summary, these provisions remove the legal requirement for companies to post paper copies of certain shareholder communications to all shareholders. Instead companies can make such documents available by publishing them on their website. Shareholders who wish to continue to receive documents by post may still elect to do so.
We believe that, by implementing these provisions, we will achieve a reduction in the environmental and financial cost of printing and posting routine documents, but in a manner that will still allow shareholders to receive information through the communication channel of their choice.
Enquiries
External communications |
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Patrick Bowes |
UK |
+44 (0)20 7002 7440 |
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Investor relations |
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Kelly de Kock |
SA |
+27 (0)21 509 8709 |
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Media |
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William Baldwin-Charles |
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+44 (0)20 7002 7133 +44 (0)7834 524 833 |
Notes to Editors
Old Mutual
Old Mutual is an international long-term savings, protection and investment Group. Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 12 million customers in Africa, the Americas, Asia and Europe. Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.
In the year ended 31 December 2011, the Group reported adjusted operating profit before tax of £1.5 billion (on an IFRS basis) and had £267 billion of funds under management from core operations.
For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com