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REG - Old Mutual Ltd - Dealings in securities on behalf of Share Trusts

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RNS Number : 3826Y  Old Mutual Limited  02 January 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 "the Company")

 

 

Ref 01/24

 

02 January 2024

 

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEMES

 

In compliance with the Listings Requirements of the JSE Limited ("Listings
Requirements"), the following information is provided in respect of trading by
various Old Mutual 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     22-Dec-23
 Number of shares        146 555
 Price per share         R12.3308
 Value                   R1 807 140.39

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     22-Dec-23
 Number of shares        78 000
 Price per share         R12.2195
 Value                   R953 121.00

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     27-Dec-23
 Number of shares        840 000
 Price per share         R12.6849
 Value                   R10 655 316.00

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     28-Dec-23
 Number of shares        870 000
 Price per share         R12.8345
 Value                   R11 166 015.00

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     28-Dec-23
 Number of shares        780 000
 Price per share         R12.7946
 Value                   R9 979 788.00

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     29-Dec-23
 Number of shares        598 875
 Price per share         R13.0098
 Value                   R7 791 243.98

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     22-Dec-23
 Number of shares        97 703
 Price per share         R12.3308
 Value                   R1 204 756.15

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     22-Dec-23
 Number of shares        52 000
 Price per share         R12.2195
 Value                   R635 414.00

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     27-Dec-23
 Number of shares        560 000
 Price per share         R12.6849
 Value                   R7 103 544.00

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     28-Dec-23
 Number of shares        580 000
 Price per share         R12.8345
 Value                   R7 444 010.00

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     28-Dec-23
 Number of shares        520 000
 Price per share         R12.7946
 Value                   R6 653 192.00

 

 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 ESOP and LTIP awards.
 Type of trade           On-market
 Date of transaction     29-Dec-23
 Number of shares        399 251
 Price per share         R13.0098
 Value                   R5 194 175.66

 

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

 

Sandton

 

Sponsors

 

 Johannesburg Stock Exchange  Tamela Holdings (Proprietary) Limited
 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 (0)82 295 9840

 Head: Investor Relations              E: lmanqele@oldmutual.com

 Communications
 Tabby Tsengiwe                        M: +27 (0)60 547 4947
 General Manager: Public Affairs       E: ttsengiwe@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 South
Africa and the Africa Regions, 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 they serve and the 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) .

 

 

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