Listing and Trading of additional ordinary shares

RNS Number : 4128F

Old Mutual PLC

20 February 2015

 



Old Mutual plc

Ref 92/15

20 February 2015

Applications for Listing and Trading of additional ordinary shares in the Company

Old Mutual plc ("Old Mutual" or the "Company") has today made applications to the UK Listing Authority for the listing of up to 22,000,000 new ordinary shares of 11 3/7 pence each credited as fully paid ("Shares") and for the Shares to be admitted, when issued, to trading on the London Stock Exchange.

The Shares are to be issued to certain members of the management of Quilter Cheviot as part of the consideration payable under the terms of the acquisition of that business by Old Mutual Wealth which was announced on 17 October 2014.

Old Mutual will confirm the exact number of Shares to be admitted to listing and trading as and when the Quilter Cheviot transaction completes. When issued, the Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Applications will also be made in due course for the Shares to be admitted to listing on the JSE Limited and the other exchanges where the Company has a secondary listing.

Enquiries

External communications

Patrick Bowes                           UK        [phone]

Investor relations

Dominic Lagan                           UK        [phone]

Sizwe Ndlovu                             SA        [phone]

Media

William Baldwin-Charles                         [phone]

                                                            [phone]

Notes to Editors

Old Mutual provides investment, savings, insurance and banking services to more than 16 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.

In the year ended 31 December 2013, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £294 billion of funds under management from core operations.

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

 

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