REG - Old Mutual Ltd - Director/PDMR Shareholding

Old MutualAnnouncement

12/04/2024 15:00

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RNS Number : 4950K  Old Mutual Limited  12 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")

 

Ref: 44/24

 

12 April 2024

 

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 the Company 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          1 207 825
 Grant Price per share     R11.24000
 Value of Transaction      R13,575,953.00
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 

 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          469 983
 Grant Price per share     R11.24000
 Value of Transaction      R5,282,608.92
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          592 014
 Grant Price per share     R11.24000
 Value of Transaction      R6,654,237.36
 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          276 193
 Grant Price per share     R11.24000
 Value of Transaction      R3,104,409.32
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          536 421
 Grant Price per share     R11.24000
 Value of Transaction      R6,029,372.04
 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          235 478
 Grant Price per share     R11.24000
 Value of Transaction      R2,646,772.72
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          546 174
 Grant Price per share     R11.24000
 Value of Transaction      R6,138,995.76
 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          270 703
 Grant Price per share     R11.24000
 Value of Transaction      R3,042,701.72
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          526 668
 Grant Price per share     R11.24000
 Value of Transaction      R5,919,748.32
 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          235 504
 Grant Price per share     R11.24000
 Value of Transaction      R2,647,064.96
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          309 563
 Grant Price per share     R11.24000
 Value of Transaction      R3,479,488.12
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          468 149
 Grant Price per share     R11.24000
 Value of Transaction      R5,261,994.76
 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          260 677
 Grant Price per share     R11.24000
 Value of Transaction      R2,930,009.48
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          309 563
 Grant Price per share     R11.24000
 Value of Transaction      R3,479,488.12
 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          221 245
 Grant Price per share     R11.24000
 Value of Transaction      R2,486,793.80
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          526 668
 Grant Price per share     R11.24000
 Value of Transaction      R5,919,748.32
 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          270 347
 Grant Price per share     R11.24000
 Value of Transaction      R3,038,700.28
 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 LTIP Deferred
                           Performance Award
 Class of Securities       Ordinary shares
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08 April
                           2028.
 Number of shares          40 078
 Grant Price per share     R11.24000
 Value of Transaction      R450,476.72
 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
 Date of Award             08 April 2024
 Vesting Date              Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08 April
                           2027.
 Number of shares          68 182
 Grant Price per share     R11.24000
 Value of Transaction      R766,365.68
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

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) .

 

 

 

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