Issue of Equity

RNS Number : 7252G

Old Mutual PLC

17 May 2011

 



Ref: 59/11                                                        

Old Mutual plc

17 May 2011

Listing Application for shares to be issued in connection with the Old Mutual plc scrip dividend alternative

Applications have been made by Old Mutual plc (the "Company") to the UK Listing Authority ("UKLA") for the listing of 69,122,462 new ordinary shares (the "shares") of 10 pence each in the Company and for trading of the shares on the London Stock Exchange. It is expected that admission will be granted on 27 May 2011 and that dealings will commence on 31 May 2011. The listing application has been made in connection with elections received under the Old Mutual plc scrip dividend alternative to receive new shares in lieu of cash for the final dividend in respect of the year ended 31 December 2010. When issued, these shares will be credited as fully paid and will rank pari passu with the Company's existing issued ordinary shares. An application will also be made for listing of the shares on the JSE Limited and notifications of the new share issue will be made to the Namibian, Malawian and Zimbabwean stock exchanges.

Enquiries

External Communications
Patrick Bowes		[phone]
Investor Relations
Deward Serfontein	SA	[phone]
Aleida White	UK	[phone]
Media
William Baldwin-Charles		[phone]

Notes to Editors

Old Mutual

Old Mutual plc is an international long-term savings, protection and investment Group.  Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 15 million customers in Europe, the Americas, Africa and Asia.  Old Mutual plc is listed on the London Stock Exchange and the Johannesburg Stock Exchange, among others.

In the year ended 31 December 2010, the Group reported adjusted operating profit before tax of £1.5 billion (on an IFRS basis) and had £309 billion of funds under management, from core operations. 

For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com 

 

END

 

 

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