REG - Old Mutual Ltd - Director/PDMR Shareholding

Old MutualAnnouncement

04/04/2025 16:00

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RNS Number : 7768D  Old Mutual Limited  04 April 2025

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

JSE Alpha Code: OMLI

LSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "Company")

 

 

Ref: 10/25

4 April 2025

 

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

 

In accordance with paragraph 3.63 to 3.66 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          1 230 794
 Grant Price per share     R12.11000
 Value of Transaction      R14,904,915.34
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2026, 31 March 2027 and 31 March
                           2028
 Number of shares          397 504
 Grant Price per share     R12.11000
 Value of Transaction      R4,813,773.44
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          603 272
 Grant Price per share     R12.11000
 Value of Transaction      R7,305,623.92
 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 ESOP Deferred Bonus
                           Award
 Class of Securities       Ordinary shares
 Date of Award             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2026, 31 March 2027 and 31 March
                           2028
 Number of shares          254 076
 Grant Price per share     R12.11000
 Value of Transaction      R3,076,860.36
 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             31 March 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Date of Acceptance        02 April 2025
 Number of shares          546 622
 Grant Price per share     R12.11000
 Value of Transaction      R6,619,592.42
 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             31 March 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Date of Acceptance        02 April 2025
 Number of shares          374 397
 Grant Price per share     R12.11000
 Value of Transaction      R4,533,947.67
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          584 388
 Grant Price per share     R12.11000
 Value of Transaction      R7,076,938.68
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2026, 31 March 2027 and 31 March
                           2028
 Number of shares          469 305
 Grant Price per share     R12.11000
 Value of Transaction      R5,683,283.55
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Kerrin Dale 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          536 683
 Grant Price per share     R12.11000
 Value of Transaction      R6,499,231.13
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Kerrin Dale 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 Acceptance        31 March 2025
 Date of Award             02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2026, 31 March 2027 and 31 March
                           2028
 Number of shares          218 025
 Grant Price per share     R12.11000
 Value of Transaction      R2,640,282.75
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          499 768
 Grant Price per share     R12.11000
 Value of Transaction      R6,052,190.48
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2026, 31 March 2027 and 31 March
                           2028
 Number of shares          193 768
 Grant Price per share     R12.11000
 Value of Transaction      R2,346,530.48
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Zulfa Abdurahman
 Position                  Acting 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          153 021
 Grant Price per share     R12.11000
 Value of Transaction      R1,853,084.31
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          536 683
 Grant Price per share     R12.11000
 Value of Transaction      R6,499,231.13
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2026, 31 March 2027 and 31 March
                           2028
 Number of shares          299 606
 Grant Price per share     R12.11000
 Value of Transaction      R3,628,228.66
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 

 Director                  Charles Nortje
 Position                  Acting Managing Director: OM 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          238 810
 Grant Price per share     R12.11000
 Value of Transaction      R2,891,989.10
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 Director                  Charles Nortje
 Position                  Acting 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2026, 31 March 2027 and 31 March
                           2028
 Number of shares          249 925
 Grant Price per share     R12.11000
 Value of Transaction      R3,026,591.75
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31 March
                           2029
 Number of shares          41 229
 Grant Price per share     R12.11000
 Value of Transaction      R499,283.19
 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             31 March 2025
 Date of Acceptance        02 April 2025
 Vesting Date              Award vests in equal tranches on 31 March 2026, 31 March 2027 and 31 March
                           2028
 Number of shares          72 211
 Grant Price per share     R12.11000
 Value of Transaction      R874,475.21
 Nature of interest        Direct beneficial
 Clearance obtained        Yes
 Place of the transaction  XOFF

 

 

Sandton

 

Sponsors

 JSE                                           Equity Sponsor: Tamela Holdings (Proprietary) Limited
                                               Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank
                                               Limited
 Namibia                                       PSG Wealth Management (Namibia) (Proprietary) Limited
 Zimbabwe                                      Imara Capital Zimbabwe plc
 Malawi                                        Stockbrokers Malawi Limited

 Enquiries
 Investor Relations
 Langa Manqele                                 M: +27 82 295 9840

 Head of Investor Relations                     E: investorrelations@oldmutual.com (mailto:investorrelations@oldmutual.com)

 Communications
 Wendy Tlou                                    M: +27 82 906 5008

 Chief Communications and Reputation Officer   E: oldmutualnews@oldmutual.com

 

Notes to Editors

About Old Mutual

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 12 countries. Old Mutual's primary operations are in Africa
and it has a niche business in China. With over 179 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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