Dealings in securities on behalf of share trusts

Old Mutual Limited

24 March 2025

 

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

JSE Alpha Code: OMLI

LSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual")

Ref: 06/25

24 March 2025

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEMES

In compliance with the Listings Requirements of JSE Limited the following information is provided in respect of trading by various employee incentive schemes:

Name of the Trust	Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	18 March 2025
Number of shares	2,217,703
Price per share	R11.4361
Value	R25,361,873.28

Name of the Trust	Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	19 March 2025
Number of shares	963,396
Price per share	R11.6000
Value	R11,175,393.60

Name of the Trust	Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	19 March 2025
Number of shares	887,875
Price per share	R11.6263
Value	R10,322,701.11

Name of the Trust	Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	20 March 2025
Number of shares	2,675,996
Price per share	R11.9800
Value	R32,058,432.08

Name of the Trust	Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	20 March 2025
Number of shares	2,015,947
Price per share	R11.9000
Value	R23,989,769.30

Name of the Trust	Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	20 March 2025
Number of shares	3,966,923
Price per share	R11.7700
Value	R46,690,683.71

Name of the Trust	Old Mutual Limited Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	18 March 2025
Number of shares	1,878,724
Price per share	R11.4361
Value	R21,485,275.54

Name of the Trust	Old Mutual Limited Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	19 March 2025
Number of shares	736,604
Price per share	R11.6000
Value	R8,544,606.40

Name of the Trust	Old Mutual Limited Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	19 March 2025
Number of shares	678,863
Price per share	R11.6263
Value	R7,892,664.90

Name of the Trust	Old Mutual Limited Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	20 March 2025
Number of shares	2,046,045
Price per share	R11.9800
Value	R24,511,619.10

Name of the Trust	Old Mutual Limited Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	20 March 2025
Number of shares	1,541,377
Price per share	R11.9000
Value	R18,342,386,30

Name of the Trust	Old Mutual Limited Employee Trust
Class of security	Old Mutual Limited ordinary shares
Nature of transactions	Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.
Nature of interest	Indirect beneficial
Type of trade	On-market
Date of transaction	20 March 2025
Number of shares	3,033,077
Price per share	R11.7700
Value	R35,699,316.29

Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.

Sandton

Sponsors

JSE		Equity Sponsor: Tamela Holdings (Proprietary) Limited Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Namibia		PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe		Imara Capital Zimbabwe plc
Malawi		Stockbrokers Malawi Limited
Enquiries Investor Relations
Langa Manqele Head of Investor Relations	M: [phone]  E: [e-mail]
Communications
Wendy Tlou Chief Communications and Reputation Officer	M: [phone] E: [e-mail]

Notes to Editors

About Old Mutual

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 12 countries. Old Mutual's primary operations are in Africa and it has a niche business in China. With over 179 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as 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