Dealings in securities on behalf of ESIS

Old Mutual Limited
20 December 2023
 

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 "the Company")

 

 

Ref 65/23

20 December 2023

 

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 employee incentive schemes:

 

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 ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

14-Dec-23

Number of shares

840 000

Price per share

R12.2462

Value

R10 286 808.00

 

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 ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

14-Dec-23

Number of shares

560 000

Price per share

R12.2462

Value

R6 857 872.00



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 ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

18-Dec-23

Number of shares

2 400 000

Price per share

R12.1703

Value

R29 208 720.00

 

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 ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

18-Dec-23

Number of shares

1 600 000

Price per share

R12.1703

Value

R19 472 480.00

 

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 ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

19-Dec-23

Number of shares

724 243

Price per share

R12.0524

Value

R8 728 866.33

 

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 ESOP and LTIP awards.

Type of trade

On-market

Date of transaction

19-Dec-23

Number of shares

482 829

Price per share

R12.0524

Value

R5 819 248.24

 

 

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

 

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


 

Langa Manqele

 

M: +27 (0)82 295 9840

E: lmanqele@oldmutual.com



 

Communications


 

Tabby Tsengiwe

M: +27 (0)60 547 4949


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 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.

 

 

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