OML Dealings on behalf of Employee Schemes

RNS Number : 2161U
Old Mutual Limited
27 March 2019
 

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "the Company")

 

Ref 07/19

27 March 2019

 

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEME

In compliance with the Listings Requirements of the JSE Limited the following information is provided:

 

Name of the Scheme

Old Mutual Namibia Employee Based Empowerment Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

25 March 2019

Number of shares

195,230

Price per share

R21.6713

Value

R4,230,887.90

 

Name of the Scheme

Old Mutual Namibia Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

25 March 2019

Number of shares

242,957

Price per share

R21.6713

Value

R5,265,194.03

 

Name of the Scheme

Old Mutual Namibia Management Incentive Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

22 March 2019

Number of shares

161,507

Price per share

R21.8218

Value

R3,524,373.45

 

Name of the Scheme

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

20 March 2019

Number of shares

1,001,900

Price per share

R22.0554

Value

R22,097,305.26

 

Date of transaction

22 March 2019

Number of shares

3,057,790

Price per share

R21.8827

Value

R66,912,701.23

 

Date of transaction

25 March 2019

Number of shares

1,781,409

Price per share

R21.5921

Value

R38,464,361.27

 

Date of transaction

25 March 2019

Number of shares

1,555,611

Price per share

R21.5322

Value

R33,495,727.17

 

Date of transaction

26 March 2019

Number of shares

2,779,479

Price per share

R22.039

Value

R61,256,937.68

 

Name of the Scheme

Old Mutual Limited Employee Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

20 March 2019

Number of shares

998,100

Price per share

R22.0554

Value

R22,013,494.74

 

Date of transaction

22 March 2019

Number of shares

3,046,403

Price per share

R21.8827

Value

R66,663,522.93

 

Date of transaction

25 March 2019

Number of shares

1,774,500

Price per share

R21.5921

Value

R38,315,181.45

 

Date of transaction

25 March 2019

Number of shares

1,549,500

Price per share

R21.5322

Value

R33,364,143.90

 

Date of transaction

26 March 2019

Number of shares

2,769,721

Price per share

R22.039

Value

R61,041,881.12

 

 

Prior written approval in terms of paragraph 3.66 of the Listings Requirements was obtained.

 

 

Sponsors

Johannesburg Stock Exchange

Merrill Lynch South Africa (Pty) Limited

Namibia

PSG Wealth Management (Namibia) (Proprietary) Limited

Zimbabwe

Imara Capital Zimbabwe plc

Malawi

Stockbrokers Malawi Limited

 

Enquiries

Investor Relations


Sizwe Ndlovu

Head of Investor Relations

T: +27 (0)11 217 1163

E: tndlovu6@oldmutual.com



Communications


Tabby Tsengiwe

Head of Communications

T: +27 (11) 217 1953

M: +27 (0)60 547 4947

E: ttsengiwe@oldmutual.com

 

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.

 


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