Dealings in securities

RNS Number : 2655B
Old Mutual Limited
19 September 2018
 

Old Mutual Limited

Incorporated in the Republic of South Africa

(Registration number: 2017/235138/06)

ISIN: ZAE000255360

JSE Share Code: OMU

NSX Share Code: OMM

("Old Mutual)"

 

LEI: 213800MON84ZWWPQCN47

Ref 48_18

19 September 2018

 

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEME

 

In compliance with the Listings Requirements of the JSE Limited the following information is provided:

 

Name of the Scheme

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Ordinary Shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the OML Employee Share Ownership Plan (OML ESOP) and OML Long Term Incentive Plan (OML LTIP) awards

Type of trade

On market

Date of transaction

14 September 2018

Number of shares purchased

2,250,000

Price per share

R29.3233

Value

R65,977,425.00

 

Date of transaction

17 September 2018

Number of shares purchased

3,296,049

Price per share

R29.5981

Value

R97,556,787.91

  

Date of transaction

18 September 2018

Number of shares purchased

1,429,869

Price per share

R30.0187

Value

R42,922,808.55

 

 

Name of the Scheme

Old Mutual Limited Employee Trust

Class of security

Old Mutual Ordinary Shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the OML ESOP and OML LTIP awards

Type of trade

On market

Date of transaction

17 September 2018

Number of shares purchased

1,619,700

Price per share

R29.5981

Value

R47,940,042.57

 

Date of transaction

18 September 2018

Number of shares purchased

673,190

Price per share

R30.0187

Value

R20,208,288.65

 

Prior written approval in terms of paragraph 3.66 of the Listings Requirements was obtained.

 

JSE Sponsor:                                        Merrill Lynch South Africa (Pty) Limited

Namibian Sponsor:                             PSG Wealth Management (Namibia) (Proprietary) Limited

 

Enquiries

Investor Relations

Patrick Bowes (Interim Head of Investor Relations)            T: +44 (0)20 7002 7440

                                                                                                                          E: Patrick.bowes@omg.co.uk

Communications:

Tabby Tsengiwe                                                                                               T: +27 (11) 217 1953

                                                                                                                          M: +27 (0)60 547 4947

                                                                                                                          E: ttsengiwe@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 markets segments in 17 countries. Old Mutual's primary operations are in South Africa and the rest of Africa, and it has niche businesses in Latin America and Asia. With over 170 years of heritage across sub-Saharan Africa, we are a crucial part of the communities we serve and broader society on the continent.

 

For further information on Old Mutual, and its underlying businesses, please visit the corporate website at www.oldmutual.com.

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCGCGDCXSBBGIC
UK 100

Latest directors dealings