OMLAC(SA) - redemption otice for OML01 notes

RNS Number : 6611Z

Old Mutual PLC

21 September 2015

 



Old Mutual plc

Ref 639/15

21 September 2015

OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED - REDEMPTION NOTICE FOR OML01 NOTES

Old Mutual plc (the Company) announces that a notice of redemption has today been issued by its subsidiary, Old Mutual Life Assurance Company (South Africa) Limited (OMLACSA) for ZAR 3 billion notes issued on 27 October 2005 under OMLACSA's Unsecured Subordinated Callable Note Programme dated 25 October 2005.

The notes will be redeemed at the first optional redemption date of 27 October 2015.

Further details of the notes to be redeemed are as follows:

Stock Code: OML01

ISIN: ZAG000026816

	Capital redemption amount	Amount outstanding after capital redemption
OML01	R3,000,000,000	R 0

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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