REG - Old Mutual Ltd - Director/PDMR Shareholding

Old MutualAnnouncement

26/04/2022 09:00

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RNS Number : 3533J  Old Mutual Limited  26 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")

 

 

26 April 2022

Ref: 13/22

 

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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          20-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          1 018 130
 Grant Price per share     R13.7900
 Value of Transaction      R14 040 012.7000
 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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          20-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          498 550
 Grant Price per share     R13.7900
 Value of Transaction      R6 875 004.5000
 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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          25-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          30 167
 Grant Price per share     R13.7900
 Value of Transaction      R416 002.9300
 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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          25-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          430 566
 Grant Price per share     R13.7900
 Value of Transaction      R5 937 505.1400
 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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          25-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          430 566
 Grant Price per share     R13.7900
 Value of Transaction      R5 937 505.1400
 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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          25-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          385 243
 Grant Price per share     R13.7900
 Value of Transaction      R5 312 500.9700
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Gcinikhaya Loyiso Gobodo
 Position                  Managing Director: Old Mutual Investments
 Company                   Old Mutual
 Nature of transactions    Off-market award of conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          25-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          258 340
 Grant Price per share     R13.7900
 Value of Transaction      R3 562 508.6000
 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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          20-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          430 566
 Grant Price per share     R13.7900
 Value of Transaction      R5 937 505.1400
 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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          25-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          258 340
 Grant Price per share     R13.7900
 Value of Transaction      R3 562 508.6000
 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 conditional shares in respect of the annual LTIP Award
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          20-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          407 905
 Grant Price per share     R13.7900
 Value of Transaction      R5 625 009.9500
 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 conditional shares in respect of the Buyout Award agreed
                           in the employment contract
 Class of Securities       Old Mutual ordinary shares
 Transaction Date          20-Apr-22
 Vesting Date              Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April
                           2027 respectively subject to meeting the required conditions as determined by
                           the OML Remuneration Committee.
 Number of shares          362 582
 Grant Price per share     R13.7900
 Value of Transaction      R5 000 005.7800
 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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