Picture of Old Mutual logo

OMU Old Mutual News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsAdventurousMid CapTurnaround

REG - Old Mutual Ltd - Dealings in securities on behalf of ESIS

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240409:nRSI8871Ja&default-theme=true

RNS Number : 8871J  Old Mutual Limited  09 April 2024

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

LSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

 

("Old Mutual" or "Company" or "Group")

 

Ref: 36/24

 

09 April 2024

 

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.
 Type of trade           On-market
 Date of transaction     03 April 2024
 Number of shares        1 095
 Price per share (R)     11.4063
 Value (R)               12 489.90

 

 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.
 Type of trade           On-market
 Date of transaction     03 April 2024
 Number of shares        2 630 475
 Price per share (R)     11.4063
 Value (R)               30 003 986.99

 

 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.
 Type of trade                                                   On-market
 Date of transaction                                             04 April 2024
 Number of shares                                                5 481 543
 Price per share (R)                                             11.4986
 Value (R)                                                       63 030 070.34
 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.
 Type of trade           On-market
 Date of transaction     04 April 2024
 Number of shares        688 340
 Price per share (R)     11.5054
 Value (R)               7 919 627.04

 

 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.
 Type of trade           On-market
 Date of transaction     04 April 2024
 Number of shares        2 282
 Price per share (R)     11.4986
 Value (R)               26 239.81

 

 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.
 Type of trade           On-market
 Date of transaction     04 April 2024
 Number of shares        287
 Price per share (R)     11.5054
 Value (R)               3 302.05

 

 Name of the Trust       Old Mutual Insure 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.
 Type of trade           On-market
 Date of transaction     05 April 2024
 Number of shares        295 000
 Price per share (R)     11.1629
 Value (R)               3 293 055.50

 

 Name of the Trust       Old Mutual Insure 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.
 Type of trade           On-market
 Date of transaction     05 April 2024
 Number of shares        885 000
 Price per share         11.1629
 Value                   9 879 166.50

 

 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.
 Type of trade           On-market
 Date of transaction     05 April 2024
 Number of shares        265 905
 Price per share (R)     11.2000
 Value (R)               2 978 136.00

 

 

All of the above are indirect beneficial interests.

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

 

Sandton

 

 Johannesburg Stock Exchange  Tamela Holding (Pty) Ltd
 Malawi Stock Exchange        Stockbrokers Malawi Limited
 Namibia Stock Exchange       PSG Wealth Management (Namibia) Proprietary Limited
 Zimbabwe Stock Exchange      Imara Capital Zimbabwe plc

 

 

Enquiries

 Investor Relations
 Langa Manqele                         M: +27 82 295 9840

 Head of Investor Relations            E: investorrelations@oldmutual.com

 Communications
 Wendy Tlou                            M: +27 83 301 9663

 Interim Chief Communication Officer   E: oldmutualnews@oldmutual.com

  Notes to Editors

 

About Old Mutual Limited

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 14 countries. Old Mutual's primary operations are in
Africa, and it has a niche business in Asia. With over 178 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 (http://www.oldmutual.com) .

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFLLSVIAIIS

Recent news on Old Mutual

See all news