Dealings in securities

RNS Number : 2041J
Old Mutual Limited
25 April 2022
 

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")

 

25 April 2022

Ref: 12/22

 

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

 

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following directors, company secretary and prescribed officers of Old Mutual have been awarded forfeitable shares in terms of the company's Employee Share Ownership Plan (ESOP) 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 ESOP Deferred Bonus Award

Class of Securities

Ordinary shares

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

147 290

Grant Price per share

R13.7900

Value of Transaction

R2 031 129.1000

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

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

88 144

Grant Price per share

R13.7900

Value of Transaction

R1 215 505.7600

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

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

38 011

Grant Price per share

R13.7900

Value of Transaction

R524 171.6900

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 Retention Bonus Award

Class of Securities

Ordinary shares

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

54 388

Grant Price per share

R13.7900

Value of Transaction

R750 010.5200

Nature of interest

Direct beneficial

Clearance obtained

Yes

Place of the transaction

XOFF

 

Director

Clement Chinaka

Position

Managing Director: Rest of Africa

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

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

37 890

Grant Price per share

R13.7900

Value of Transaction

R522 503.1000

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

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

95 758

Grant Price per share

R13.7900

Value of Transaction

R1 320 502.8200

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

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

33 902

Grant Price per share

R13.7900

Value of Transaction

R467 508.5800

Nature of interest

Direct beneficial

Clearance obtained

Yes

Place of the transaction

XOFF

 

Director

Kerrin Land

Position

Managing Director: Personal Finance and Wealth Management

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

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

97 136

Grant Price per share

R13.7900

Value of Transaction

R1 339 505.4400

Nature of interest

Direct beneficial

Clearance obtained

Yes

Place of the transaction

XOFF

 

Director

Garth Napier

Position

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

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

103 336

Grant Price per share

R13.7900

Value of Transaction

R1 425 003.4400

Nature of interest

Direct beneficial

Clearance obtained

Yes

Place of the transaction

XOFF

 

Director

Zurieda Ebrahim (Atkinson)

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

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025.

Number of shares

9 790

Grant Price per share

R13.7900

Value of Transaction

R135 004.1000

Nature of interest

Direct beneficial

Clearance obtained

Yes

Place of the transaction

XOFF

 

Director

Zurieda Ebrahim (Atkinson)

Position

Chief Operating Officer

Company

Old Mutual

Nature of transactions

Off-market award of forfeitable shares in respect of the Buyout Award agreed in the employment contract

Class of Securities

Ordinary shares

Transaction Date

19-Apr-22

Vesting Date

Award vests in equal tranches on 13 April 2023 and 13 April 2024.

Number of shares

152 285

Grant Price per share

R13.7900

Value of Transaction

R2 100 010.1500

Nature of interest

Direct beneficial

Clearance obtained

Yes

Place of the transaction

XOFF

 

 

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


 

Sizwe Ndlovu

Head of Investor Relations

T: +27 (0)11 217 1163

E: tndlovu6@oldmutual.com



 

Communications


 

Vuyo Mtawa

M: +27 68 422 8125

Head: Group Communications

E: vmtawa@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 Rest of Africa and it has a niche business in Asia. With over 176 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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END
 
 
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