Director/PDMR Shareholding

RNS Number : 9439E

Old Mutual PLC

14 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        

ANDREW BIRRELL - GROUP RISK AND ACTUARIAL DIRECTOR

PAUL HANRATTY - CHIEF EXECUTIVE OFFICER, LONG-TERM SAVINGS, OLD MUTUAL PLC AND CHAIRMAN, OLD MUTUAL SOUTH AFRICA

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

OLD MUTUAL PLC ORDINARY 10P SHARES

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

ANDREW BIRRELL - 165,489 ORDINARY 10P SHARES PRIOR TO TRANSACTION

PAUL HANRATTY - 195,639 ORDINARY 10P SHARES ORDINARY 10P SHARES PRIOR TO TRANSACTION

8. State the nature of the transaction.

SALE BY ANDREW BIRRELL OF 34,148 SHARES AT R15.83 PER SHARE

SALE BY PAUL HANRATTY OF 194,639 SHARES AT AN AVERAGE PRICE OF R15.523 PER SHARE

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

34,148 ORDINARY 10P SHARES SOLD BY ANDREW BIRRELL

194,639 ORDINARY 10P SHARES SOLD BY PAUL HANRATTY

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

ANDREW BIRRELL - 0.00063%

PAUL HANRATTY - 0.00357%

13. Price per share or value of transaction

ANDREW BIRRELL - R15.83

PAUL HANRATTY - AVERAGE R15.523

14. Date and place of transaction

ANDREW BIRRELL - 12 APRIL 2011 - JSE LIMITED

PAUL HANRATTY - 13 APRIL 2011 - JSE LIMITED

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

MR BIRRELL AND MR HANRATTY HOLD AWARDS IN THE FORM OF MARKET VALUE SHARE OPTIONS, FORFEITABLE SHARES AWARDS AND NIL COST OPTIONS UNDER THE OLD MUTUAL PLC PERFORMANCE SHARE PLAN AND THE OLD MUTUAL PLC SHARE REWARD PLAN.

MR BIRRELL (AND HIS CONNECTED PERSONS) ALSO HOLD 131,341 OLD MUTUAL PLC ORDINARY 10P SHARES.

MR HANRATTY (AND HIS CONNECTED PERSONS) ALSO HOLD 1,000 OLD MUTUAL PLC ORDINARY 10P SHARES.

16. Date issuer informed of transaction 

12 APRIL 2011 - ANDREW BIRRELL

13 APRIL 2011 - PAUL HANRATTY

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 14 April 2011

 

END

 

 

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