REG - Old Mutual Ltd - Dealings in securities

Old MutualAnnouncement

25/04/2022 10:15

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RNS Number : 2041J  Old Mutual Limited  25 April 2022

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")

 

25 April 2022

Ref: 12/22

 

DEALINGS IN SECURITIES BY DIRECTORS, COMPANY SECRETARY AND PRESCRIBED OFFICERS
OF OLD MUTUAL

 

In accordance with paragraph 3.63 of the JSE Listings Requirements,
shareholders are advised that the following directors, company secretary and
prescribed officers of Old Mutual have been awarded forfeitable shares in
terms of the company's Employee Share Ownership Plan (ESOP) Rules:

 

 Director                  Iain George Williamson

 Position                  Chief Executive Officer
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          147 290
 Grant Price per share     R13.7900
 Value of Transaction      R2 031 129.1000
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Casparus Gerhardus Troskie
 Position                  Chief Financial Officer
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          88 144
 Grant Price per share     R13.7900
 Value of Transaction      R1 215 505.7600
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Elsabé Margaretha Kirsten
 Position                  Company Secretary
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          38 011
 Grant Price per share     R13.7900
 Value of Transaction      R524 171.6900
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Elsabé Margaretha Kirsten
 Position                  Company Secretary
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Retention Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          54 388
 Grant Price per share     R13.7900
 Value of Transaction      R750 010.5200
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Clement Chinaka
 Position                  Managing Director: Rest of Africa
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          37 890
 Grant Price per share     R13.7900
 Value of Transaction      R522 503.1000
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Tsakani Clarence Nethengwe
 Position                  Managing Director: Mass Foundation Cluster
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          95 758
 Grant Price per share     R13.7900
 Value of Transaction      R1 320 502.8200
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Prabashini Moodley
 Position                  Managing Director: Corporate
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          33 902
 Grant Price per share     R13.7900
 Value of Transaction      R467 508.5800
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Kerrin Land
 Position                  Managing Director: Personal Finance and Wealth Management
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          97 136
 Grant Price per share     R13.7900
 Value of Transaction      R1 339 505.4400
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Garth Napier
 Position                  Managing Director: Old Mutual Insure
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          103 336
 Grant Price per share     R13.7900
 Value of Transaction      R1 425 003.4400
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Zurieda Ebrahim (Atkinson)
 Position                  Chief Operating Officer
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April
                           2025.
 Number of shares          9 790
 Grant Price per share     R13.7900
 Value of Transaction      R135 004.1000
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Zurieda Ebrahim (Atkinson)
 Position                  Chief Operating Officer
 Company                   Old Mutual
 Nature of transactions    Off-market award of forfeitable shares in respect of the Buyout Award agreed
                           in the employment contract
 Class of Securities       Ordinary shares
 Transaction Date          19-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2023 and 13 April 2024.
 Number of shares          152 285
 Grant Price per share     R13.7900
 Value of Transaction      R2 100 010.1500
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 

Sandton

 

Sponsors

 

 Johannesburg Stock Exchange  Merrill Lynch South Africa (Pty) Limited ta BofA Securities
 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
 Sizwe Ndlovu                        T: +27 (0)11 217 1163

 Head of Investor Relations          E: tndlovu6@oldmutual.com

 Communications
 Vuyo Mtawa                          M: +27 68 422 8125
 Head: Group Communications          E: vmtawa@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 Rest of Africa and it has a niche business in Asia. With over
176 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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