Dealings in securities on behalf of Share Trusts

Summary by AI BETAClose X

Old Mutual Limited announced that its employee share incentive schemes, specifically the Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust and the Old Mutual Limited Employee Trust, made on-market purchases of ordinary shares on October 13th and 14th, 2026. These transactions, totaling over 10 million shares and valued at approximately R138 million, were conducted as hedging transactions for Employee Share Ownership Plan and Long-term Incentive Plan awards. The volume-weighted average prices ranged from R13.3100 to R13.4382 per share.

Disclaimer*

Old Mutual Limited
16 October 2026
 

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

JSE Alpha Code: OMLI

LSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "the Company")

 

 

Ref: 29/26

 

16 October 2026

 

 

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEMES

 

In accordance with paragraph 6.90 of the JSE Limited Listings Requirements and paragraph 6.45 of the JSE Debt and Specialist Securities Listings Requirements, shareholders and debtholders are advised of the dealings in securities of the Company by employee share incentive schemes:

 

 Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

13 October 2026

Number of Securities

386 437

Highest traded price per share on the market on the day

R13.5000

Lowest traded price per share on the market on the day

R13.3100

Volume weighted average price per share

R13.4382

Total value of the transaction

R5 193 017.69

Extent of interest

Indirect beneficial

 



 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

13 October 2026

Number of Securities

296 243

Highest traded price per share on the market on the day

R13.5000

Lowest traded price per share on the market on the day

R13.3100

Volume weighted average price per share

R13.3200

Total value of the transaction

R3 945 956.76

Extent of interest

Indirect beneficial

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

13 October 2026

Number of Securities

2 595 194

Highest traded price per share on the market on the day

R13.5000

Lowest traded price per share on the market on the day

R13.3100

Volume weighted average price per share

R13.3880

Total value of the transaction

R34 744 457.27

Extent of interest

Indirect beneficial

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

14 October 2026

Number of Securities

296 243

Highest traded price per share on the market on the day

R13.4500

Lowest traded price per share on the market on the day

R13.2900

Volume weighted average price per share

R13.3800

Total value of the transaction

R3 963 731.34

Extent of interest

Indirect beneficial

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

14 October 2026

Number of Securities

533 238

Highest traded price per share on the market on the day

R13.4500

Lowest traded price per share on the market on the day

R13.2900

Volume weighted average price per share

R13.3100

Total value of the transaction

R7 097 397.78

Extent of interest

Indirect beneficial

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

14 October 2026

Number of Securities

1 998 938

Highest traded price per share on the market on the day

R13.4500

Lowest traded price per share on the market on the day

R13.2900

Volume weighted average price per share

R13.4166

Total value of the transaction

R26 818 951.57

Extent of interest

Indirect beneficial

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

14 October 2026

Number of Securities

114 818

Highest traded price per share on the market on the day

R13.4500

Lowest traded price per share on the market on the day

R13.2900

Volume weighted average price per share

R13.4065

Total value of the transaction

R1 539 307.52

Extent of interest

Indirect beneficial

Name of the Trust

Old Mutual Limited Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

13 October 2026

Number of Securities

265 792

Highest traded price per share on the market on the day

R13.5000

Lowest traded price per share on the market on the day

R13.3100

Volume weighted average price per share

R13.4382

Total value of the transaction

R3 571 766.05

Extent of interest

Indirect beneficial

 

Name of the Trust

Old Mutual Limited Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

13 October 2026

Number of Securities

203 757

Highest traded price per share on the market on the day

R13.5000

Lowest traded price per share on the market on the day

R13.3100

Volume weighted average price per share

R13.3200

Total value of the transaction

R2 714 043.24

Extent of interest

Indirect beneficial

 

Name of the Trust

Old Mutual Limited Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

13 October 2026

Number of Securities

1 784 977

Highest traded price per share on the market on the day

R13.5000

Lowest traded price per share on the market on the day

R13.3100

Volume weighted average price per share

R13.3880

Total value of the transaction

R23 897 272.08

Extent of interest

Indirect beneficial

 



 

Name of the Trust

Old Mutual Limited Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

14 October 2026

Number of Securities

203 757

Highest traded price per share on the market on the day

R13.4500

Lowest traded price per share on the market on the day

R13.2900

Volume weighted average price per share

R13.3800

Total value of the transaction

R2 726 268.66

Extent of interest

Indirect beneficial

 

Name of the Trust

Old Mutual Limited Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

14 October 2026

Number of Securities

366 762

Highest traded price per share on the market on the day

R13.4500

Lowest traded price per share on the market on the day

R13.2900

Volume weighted average price per share

R13.3100

Total value of the transaction

R4 881 602.22

Extent of interest

Indirect beneficial

 

Name of the Trust

Old Mutual Limited Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

14 October 2026

Number of Securities

1 374 872

Highest traded price per share on the market on the day

R13.4500

Lowest traded price per share on the market on the day

R13.2900

Volume weighted average price per share

R13.4166

Total value of the transaction

R18 446 107.68

Extent of interest

Indirect beneficial

 



 

Name of the Trust

Old Mutual Limited Employee Trust

Company

Old Mutual Limited

Nature of transactions

On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Class of Securities

Ordinary shares

Date of Transaction

14 October 2026

Number of Securities

78 972

Highest traded price per share on the market on the day

R13.4500

Lowest traded price per share on the market on the day

R13.2900

Volume weighted average price per share

R13.4065

Total value of the transaction

R1 058 738.12

Extent of interest

Indirect beneficial

 

Clearance to deal in accordance with paragraph 6.83 of the Listings Requirements was obtained.

 

 

Sandton

 

Sponsors

JSE

Equity Sponsor: Tamela Holdings (Proprietary) Limited

 

Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Namibia

PSG Wealth Management (Namibia) (Proprietary) Limited

Zimbabwe

Imara Capital Zimbabwe plc

Malawi

Stockbrokers Malawi Limited

 


Enquiries


Investor Relations


Langa Manqele

Head of Investor Relations

 

M: +27 82 295 9840

E: investorrelations@oldmutual.com

Communications


Wendy Tlou

Chief Communications and Reputation Officer

M: +27 83 301 9663

E: oldmutualnews@oldmutual.com

 

About Old Mutual

Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 12 countries. Old Mutual's primary operations are in Africa and it has a niche business in China. With over 180 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as 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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