Old Mutual Limited Director/PDMR Shareholding (8419K)
December 18 2018 - 7:00AM
UK Regulatory
TIDMOMU
RNS Number : 8419K
Old Mutual Limited
18 December 2018
Old Mutual Limited
Incorporated in the Republic of South Africa
(Registration number: 2017/235138/06)
ISIN: ZAE000255360
JSE Share Code: OMU
NSX Share Code: OMM
("Old Mutual)"
LEI: 213800MON84ZWWPQCN47
Ref 80_18
18 December 2018
DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY AND COMPANY
SECRETARY OF OLD MUTUAL.
Awards
In accordance with paragraph 3.63 of the JSE Listings
Requirements, shareholders are advised that the following directors
and company secretary of the Company have been awarded and accepted
forfeitable shares in terms of the company's Employee Share
Ownership Plan (ESOP) and Long-Term Incentive Plan (LTIP)
Rules:
Director Mthandazo Peter Moyo
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the Broad-Based Employee
Share Plan Special Award
Class of Securities Forfeitable OML ordinary shares
Date of Award 14 December 2018
Date of Acceptance 18 December 2018
Vesting Date 18 September 2020
Number of awarded forfeitable
shares 128
Grant Price per share R22.00 (being the closing price on
13 December 2018)
Valuation of Transaction R2,816
Nature of interest Direct beneficial
Clearance obtained Yes
Director Mthandazo Peter Moyo
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the Old Mutual Emerging
Markets Managed Separation Incentive
Plan Special Award
Class of Securities Forfeitable OML ordinary shares
Date of Award 14 December 2018
Date of Acceptance 18 December 2018
Vesting Date 18 September 2019
Number of awarded forfeitable
shares 86,180
Grant Price per share R22.00 (being the closing price on
13 December 2018)
Valuation of Transaction R1,895,960
Nature of interest Direct beneficial
Clearance obtained Yes
Director Casparus Gerhardus Troskie
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the Broad-Based Employee
Share Plan Special Award
Class of Securities Forfeitable OML ordinary shares
Date of Award 14 December 2018
Date of Acceptance 14 December 2018
Vesting Date 18 September 2020
Number of awarded forfeitable
shares 128
Grant Price per share R22.00 (being the closing price on
13 December 2018)
Valuation of Transaction R2,816
Nature of interest Direct beneficial
Clearance obtained Yes
Director Casparus Gerhardus Troskie
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the ESOP Appointment
Special Award
Class of Securities Forfeitable OML ordinary shares
Date of Award 14 December 2018
Date of Acceptance 14 December 2018
Vesting Date 18 September 2021
Number of awarded forfeitable
shares 31,831
Grant Price per share R22.00 (being the closing price on
13 December 2018)
Valuation of Transaction R700,282
Nature of interest Direct beneficial
Clearance obtained Yes
Director Casparus Gerhardus Troskie
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the LTIP Special Award
Class of Securities Forfeitable OML ordinary shares
Date of Award 14 December 2018
Date of Acceptance 14 December 2018
Vesting Date Award vests in equal tranches on
18 September 2021, 18 September 2022
and 18 September 2023 respectively
subject to meeting the required conditions
as determined by the OML Remuneration
Committee
Number of awarded forfeitable
shares 114,589
Grant Price per share R22.00 (being the closing price on
13 December 2018)
Valuation of Transaction R2,520,958
Nature of interest Direct beneficial
Clearance obtained Yes
Group Company Secretary Elsabé Margaretha Kirsten
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the Broad-Based Employee
Share Plan Special Award
Class of Securities Forfeitable OML ordinary shares
Date of Award 14 December 2018
Date of Acceptance 18 December 2018
Vesting Date 18 September 2020
Number of awarded forfeitable
shares 128
Grant Price per share R22.00 (being the closing price on
13 December 2018)
Valuation of Transaction R2,816
Nature of interest Direct beneficial
Clearance obtained Yes
JSE Sponsor Merrill Lynch South Africa (Pty) Limited
Namibian Sponsor PSG Wealth Management (Namibia) (Proprietary)
Limited
Enquiries
Investor Relations
Patrick Bowes T: +44 (0)20 7002 7440
(Interim Head of Investor E: Patrick.bowes@omg.co.uk
Relations)
Communications:
Tabby Tsengiwe 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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