Director/PDMR Shareholding

RNS Number : 4086E

Old Mutual PLC

06 April 2011

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This  form  is  intended  for  use  by  an  issuer to  make  a RIS notification  required  by DR  3.1.4R(1). 

(1)  An  issuer  making  a  notification  in  respect  of  a  transaction  relating  to  the  shares  or  debentures of  the issuer should  complete  boxes  1  to  16,  23  and  24.

(2)  An  issuer  making  a  notification  in  respect  of  a  derivative  relating  the  shares  of  the  issuer should  complete  boxes  1  to  4,  6,  8,13,  14,  16,  23  and  24.

(3)  An  issuer  making  a  notification  in  respect  of  options  granted  to  a  director/person  discharging managerial  responsibilities  should  complete  boxes  1  to  3  and  17  to  24.

(4)  An  issuer  making  a  notification  in  respect  of  a  financial  instrument  relating  to  the  shares  of the issuer  (other  than  a  debenture)  should  complete  boxes  1  to  4,  6,  8,  9,  11,  13,  14,  16,  23  and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer   

OLD MUTUAL PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R (1) (a)

Yes

3. Name of person discharging managerial responsibilities/director        

DONALD HOPE - HEAD OF STRATEGY DEVELOPMENT

JULIAN ROBERTS - GROUP CHIEF EXECUTIVE

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of  a  holding  of  the  person  referred  to  in  3  or 4 above  or  in  respect  of  a  non-beneficial interest

BENEFICIAL INTEREST

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

EXERCISE OF SHARE OPTIONS UNDER THE OLD MUTUAL SHARE OPTION AND DEFERRED DELIVERY PLAN

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them. 

DONALD HOPE - 36,492 SHARES HELD UNDER OPTION @ £1.2650 PER SHARE

JULIAN ROBERTS - 304,348 SHARES HELD UNDER OPTION @ £1.2650 PER SHARE

8. State the nature of the transaction.

EXERCISE OF MARKET VALUE SHARE OPTION:

DONALD HOPE - SOLD ALL 36,492 SHARES

JULIAN ROBERTS - SOLD 291,569 SHARES AND RETAINED 12,779 SHARES

9. Number of shares, debentures or financial instruments relating to shares acquired

NONE

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

328,061 ORDINARY 10P SHARES SOLD AT £1.3970 PER SHARE

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.0601%

13. Price per share or value of transaction

£1.3970 IN RESPECT OF 328,061 SHARES

14. Date and place of transaction

4 APRIL 2011 - LONDON STOCK EXCHANGE

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

NONE OF THE PDMRs SHOWN ABOVE HAVE ANY OPTIONS OUTSTANDING UNDER THE OLD MUTUAL SHARE OPTION AND DEFERRED DELIVERY PLAN.

THE PDMRs SHOWN ABOVE ALL HOLD AWARDS IN THE FORM OF MARKET VALUE SHARE OPTIONS, FORFEITABLE SHARES AWARDS AND NIL COST OPTIONS UNDER AT LEAST ONE OF THE OLD MUTUAL PLC PERFORMANCE SHARE PLAN, THE OLD MUTUAL PLC SHARE REWARD PLAN AND THE OLD MUTUAL PLC 2008 SHARESAVE PLAN.

MR ROBERTS (AND HIS CONNECTED PERSONS) NOW OWN 1,649,937 OLD MUTUAL PLC SHARES

MR HOPE (AND HIS CONNECTED PERSONS) OWN 165,000 OLD MUTUAL PLC SHARES

16. Date issuer informed of transaction 

4 APRIL 2011

If  a  person  discharging  managerial  responsibilities  has  been  granted  options  by  the issuer  complete  the  following  boxes

17. Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise 

22. Total number of shares or debentures over which options held following notification

23. Any additional information

24. Name of contact and telephone number for queries 

Name and signature of duly authorised officer of issuer responsible for making notification 

Martin C Murray

Company Secretary

Date of notification 6 April 2011

 

END

 

 

RDSIFMMTMBBMBAB