Dealings in securities on behalf of ESIS

Old Mutual Limited
04 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" or "Group") 

 

Ref: 32/24

 

04 April 2024

 

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEME

 

In compliance with the Listings Requirements of JSE Limited the following information is provided in respect of trading by various Old Mutual employee incentive schemes:

 

Name of the Trust

Old Mutual Namibia Employee Broad-Base Empowerment Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee share ownership plan and Long-term incentive plan awards.

Type of trade

On-market

Date of transaction

27 March 2024

Number of shares

605,025

Price per share

11.9602

Value

7,236,220.00

 

Name of the Trust

Old Mutual Namibia Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee share ownership plan and Long-term incentive plan awards.

Type of trade

On-market

Date of transaction

27 March 2024

Number of shares

522,833

Price per share

11.9602

Value

6,253,187.25

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee share ownership plan and Long-term incentive plan awards.

Type of trade

On-market

Date of transaction

28 March 2024

Number of shares

2,398,424

Price per share

11.8323

Value

28,378,872.30

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee share ownership plan and Long-term incentive plan awards.

Type of trade

On-market

Date of transaction

28 March 2024

Number of shares

41,576

Price per share

11.8323

Value

491,939.70

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee share ownership plan and Long-term incentive plan awards.

Type of trade

On-market

Date of transaction

02 April 2024

Number of shares

2,119,902

Price per share

11.5777

Value

24,543,589.39

 

All of the above are indirect beneficial interests.

Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.

 

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

Head of Investor Relations

 

M: +27 82 295 9840

E: investorrelations@oldmutual.com



Communications


Wendy Tlou

Interim Chief Communication Officer

M: +27 83 301 9663

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.

 

 

 

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