Finalisation and dividend currency conversion
Summary by AI BETAClose X
Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
LSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or "Company")
Ref: 29/25
17 September 2025
FINALISATION ANNOUNCEMENT AND DIVIDEND CURRENCY EQUIVALENTS
Shareholders are referred to Old Mutual's results announcement released on the Stock Exchange News Service of the JSE Limited ("SENS") on Wednesday, 10 September 2025, wherein the Company declared an interim dividend of 37.0000 cents per share.
Old Mutual's income tax number is 9267358233. The number of ordinary shares in issue in the Company's share register at the date of declaration was 4,712,897,403. The dividend will be payable to all shareholders (except for Old Mutual shareholders on the London Stock Exchange ("LSE")) on Monday, 06 October 2025. The dividend payment date for Old Mutual Limited shareholders on the LSE is Monday, 03 November 2025.
The dividend for South African shareholders will be subject to dividend withholding tax of 20% for all shareholders who are not exempt from or do not qualify for a reduced rate of withholding tax. International shareholders who are not exempt or are not subject to a reduced rate in terms of a double taxation agreement will be subject to dividend withholding tax of 20%. The net dividend payable to shareholders subject to withholding tax of 20% amounts to 29.6000 cents per ordinary share.
Shareholders on the London, Malawian and Namibian registers will be paid in the local currency equivalents of the interim dividend. Shareholders on the Zimbabwean register will be paid the equivalent of the interim dividend in United States Dollars ("USD"). Distributions made through the dividend access trust or similar arrangements established in a country will not be subject to South African withholding tax but may be subject to withholding tax in the relevant country. We recommend that shareholders consult with their tax adviser regarding the in-country withholding tax consequences.
Shareholders that are tax residents in jurisdictions other than South Africa may qualify for a reduced rate under a double taxation agreement with South Africa. To apply for this reduced rate, non-South African taxpayers should complete and submit a declaration form to the respective registrars. The declaration form can be found at: https://www.oldmutual.com/investor-relations/dividend-information/.
The local currency equivalents of the interim dividend have been established as follows:
|
Malawi |
36.43785 |
Malawian kwacha per share |
|
Namibia |
37.00000 |
Namibian cents per share |
|
United Kingdom |
1.55354 |
GBP pence per share |
|
Zimbabwe |
2.11831 |
USD cents per share |
The local currency equivalents have been calculated using the following exchange rates:
|
Malawi |
98.48068 |
Malawian kwacha per Rand |
|
Namibia |
1.00000 |
Namibian dollar per Rand |
|
United Kingdom |
23.81650 |
Rand per Pound sterling |
|
Zimbabwe |
17.46672 |
Rand per USD dollar |
The timetable released on SENS on Wednesday, 10 September 2025 remains unchanged.
Sandton
Sponsors
|
Johannesburg Stock Exchange |
Tamela Holding (Pty) Ltd |
|
Malawi Stock Exchange |
Stockbrokers Malawi Limited |
|
Namibia Stock Exchange |
PSG Wealth Management (Namibia) Proprietary Limited |
|
Zimbabwe Stock Exchange |
Imara Capital Zimbabwe plc |
|
|
|
|
Enquiries |
|
|
Investor Relations |
|
|
Langa Manqele |
M: +27 82 295 9840 |
|
Head of Investor Relations |
E: investorrelations@oldmutual.com |
|
|
|
|
Communications |
|
|
Wendy Tlou |
M: +27 83 301 9663 |
|
Chief Communications and Reputation Officer |
E: oldmutualnews@oldmutual.com |
Notes to Editors
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.
For further information on Old Mutual and its underlying businesses, please visit the corporate website at www.oldmutual.com.
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