REG - Old Mutual Ltd - Director/PDMR Shareholding

Old MutualAnnouncement

06/04/2023 16:45

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RNS Number : 6875V  Old Mutual Limited  06 April 2023

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "the Company")

 

 

Ref 28/23

 

06 April 2023

 

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 and accepted forfeitable
shares in terms of the company's Employee Share Ownership Plan (ESOP) and
Long-Term Incentive Plan (LTIP) 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares*         371 543
 Grant Price per share     R11.90000
 Value of Transaction      R 4,421,361.70
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          248 027
 Grant Price per share     R11.90 000
 Value of Transaction      R 2,951,521.30
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Zureida Ebrahim
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          176 739
 Grant Price per share     R11.90000
 Value of Transaction      R 2,103,194.10
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Clement Chinaka
 Position                  Managing Director: Old Mutual Africa Regions
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          211 548
 Grant Price per share     R11.90000
 Value of Transaction      R 2,517,421.20
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          193 905
 Grant Price per share     R11.90000
 Value of Transaction      R 2,307,469.50
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          167 069
 Grant Price per share     R11.90000
 Value of Transaction      R 1,988,121.10
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Gcinikhaya Loyiso Gobodo
 Position                  Managing Director: Wealth and Investments
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          556 145
 Grant Price per share     R11.90000
 Value of Transaction      R 6,618,125.50
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Kerrin Land
 Position                  Managing Director: Personal Finance
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          188 614
 Grant Price per share     R11.90000
 Value of Transaction      R 2,244,506.60
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          198 057
 Grant Price per share     R11.90000
 Value of Transaction      R 2,356,878.30
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          55 906
 Grant Price per share     R11.90000
 Value of Transaction      R 665,281.40
 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          31 March 2023
 Vesting Date              Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March
                           2026.
 Number of shares          42 017
 Grant Price per share     R11.90000
 Value of Transaction      R 500,002.30
 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
 Bonga Mriga                            M: +27 (0)67 866 6348

 Interim Head: Investor Relations       E: bmriga@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 Africa Regions, and it has a niche business in Asia. With over
177 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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