REG - Old Mutual Ltd - Share buyback programe conclusion

Old MutualAnnouncement

28/01/2025 15:30

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RNS Number : 0043V  Old Mutual Limited  28 January 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 "the Company")

 

Ref 01/25

 

28 January 2025

 

OLD MUTUAL SHARE REPURCHASE PROGRAMME

Shareholders are referred to Old Mutual's Stock Exchange News Service of the
JSE Limited announcement dated 19 November 2024 ("SENS Announcement"), wherein
the Company announced that it would commence with a Share Repurchase
Programme.

Old Mutual wishes to confirm that this Share Repurchase Programme was
concluded on 27 January 2025, by which time 78,009,025 Old Mutual shares were
repurchased, cancelled and delisted. As at today's date the issued share
capital of the Company is 4,712,897,403.

The Share Repurchase Programme remained within the percentage (5% of issued
share capital) approved by shareholders at the Annual General Meeting in May
2024 and within the value (R1 billion) as communicated to shareholders in the
SENS Announcement.

This announcement is also available on the Old Mutual website
at www.oldmutual.com (http://www.oldmutual.com/) .

 

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

 Communications:

 Wendy Tlou                                      M: +27 82 906 5008

 Chief Communications & 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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