Disclosure of Directors Holdings on Admission

RNS Number : 5669S
Old Mutual Limited
26 June 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")

 

Ref 04/18

26 June 2018

                                                                                     

 

DISCLOSURE OF DIRECTORS' INTERESTS IN OLD MUTUAL LIMITED SHARES UPON ADMISSION

 

Shareholders are referred to the pre-listing statement published by Old Mutual on 20 April 2018 (PLS), wherein the expected direct and indirect beneficial interests of Old Mutal directors in Old Mutual shares on the admission date, being 26 June 2018, was set out. Shareholders are hereby advised of the the following corrections to certain of these disclosures contained in the PLS:

 

Name of Director/Company Secretary

Number of shares held

Interest

Elsabé Kirsten

5,181

Direct Beneficial

Mthandazo Moyo

1,451,849

Indirect Beneficial

Bahleli Rapiya

334,851

Direct Beneficial

 

Furthermore, shareholders are advised that post the publication date of the PLS, the following Old Mutual directors acquired shares in Old Mutual plc, and consequently, will receive shares in Old Mutual, thereby updating the information previously set out in the PLS as follows:

 

Name of Director

Additional shares acquired

Interest

Ingrid Johnson

447,366

Direct Beneficial

Ingrid Johnson

200,124

Indirect Beneficial

Mthandazo Moyo

17,580

Direct Beneficial

Mthandazo Moyo

5,850

Indirect Beneficial

Casparus Troskie

74,000

Direct Beneficial

 

Other than as set out above, the direct and indirect beneficial interests of Old Mutal directors in Old Mutual shares on the admission date, being 26 June 2018, is as outlined in the PLS.

 

 

Enquiries

 

Investor Relations

Nwabisa Piki                                                     T:       +27 (11) 217 1951

                                                                       M:      +27 (0)83 846 1474

                                                                       E:       npiki@oldmutual.com

 

Communications:

Tabby Tsengiwe                                                T:       +27 (11) 217 1953

                                                                       M:      +27 (0)60 547 4947

                                                                        E:       ttsengiwe@oldmutual.com

 

JSE Sponsor:

Merrill Lynch South Africa (Pty) Limited

 

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. 

 

FORWARD-LOOKING STATEMENTS

 

This announcement contains forward-looking statements. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond Old Mutual Limited's control, including amongst other things, those set out in the PLS. These forward-looking statements speak only as of the date on which they are made. Old Mutual Limited expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement or any other forward-looking statements they may make.

 

IMPORTANT INFORMATION

 

This announcement is not an offer to sell, or a solicitation of an offer to purchase, securities in the United States or in any other jurisdiction.

 

The securities to which these materials relate have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state or other jurisdictions of the United States, and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offering of the securities in the United States. The release, publication or distribution of this announcement and the PLS in jurisdictions other than South Africa, the United Kingdom, Malawi, Namibia and Zimbabwe may be restricted by law and therefore persons in whose possession any of this announcement or the PLS comes should inform themselves about, and observe, any such applicable restrictions or requirements. Any failure to comply with such restrictions or requirements may constitute a violation of the securities laws and regulations of any such jurisdiction. To the fullest extent permitted by applicable law, Old Mutual Limited disclaims any responsibility or liability for the violation of such restrictions or requirements by any person.

This announcement does not comprise a prospectus or a prospectus equivalent document. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.

 

The information contained in this announcement constitutes factual information as contemplated in section 1(3)(a) of the South African Financial Advisory and Intermediary Services Act, 37 of 2002, as amended ("FAIS Act") and should not be construed as an express or implied recommendation, guide or proposal that any particular transaction in respect of any securities or in relation to the business or future investments of Old Mutual Limited is appropriate to the particular investment objectives, financial situations or needs of a prospective investor. Nothing in this announcement should be construed as constituting the canvassing for, or marketing or advertising of, financial services in South Africa, the United Kingdom, Malawi, Namibia, Zimbabwe or any other jurisdiction.

 


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END
 
 
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