Old Mutual Limited Director/PDMR Shareholding (0636U)
March 26 2019 - 10:07AM
UK Regulatory
TIDMOMU
RNS Number : 0636U
Old Mutual Limited
26 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 05/19
26 March 2019
DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY AND COMPANY
SECRETARY OF OLD MUTUAL
In accordance with paragraph 3.63 of the JSE Listings
Requirements, shareholders are advised that the following directors
and company secretary of Old Mutual 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
Position Chief Executive Officer
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the ESOP Deferred Bonus
Award
Class of Securities Ordinary shares
Date of Award 20 March 2019
Date of Acceptance 22 March 2019
Vesting Date 20 March 2022
Number of shares 219,027
Grant Price per share R21.75 (being the closing price on
19 March 2019)
Value of Transaction R4,763,821
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Mthandazo Peter Moyo
Position Chief Executive Officer
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the LTIP Award
Class of Securities Ordinary shares
Date of Award 20 March 2019
Date of Acceptance 22 March 2019
Vesting Date Award vests in equal tranches on
20 March 2022, 20 March 2023 and
20 March 2024 respectively subject
to meeting the required conditions
as determined by the OML Remuneration
Committee.
Number of shares 579,311
Grant Price per share R21.75 (being the closing price on
19 March 2019)
Value of Transaction R12,600,000
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Casparus Gerhardus Troskie
Position Chief Financial Officer
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the ESOP Deferred Bonus
Award
Class of Securities Ordinary shares
Date of Award 20 March 2019
Date of Acceptance 22 March 2019
Vesting Date 20 March 2022
Number of shares 119,371
Grant Price per share R21.75 (being the closing price on
19 March 2019)
Value of Transaction R2,596,315
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Casparus Gerhardus Troskie
Position Chief Financial Officer
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the LTIP Award
Class of Securities Ordinary shares
Date of Award 20 March 2019
Date of Acceptance 22 March 2019
Vesting Date Award vests in equal tranches on
20 March 2022, 20 March 2023 and
20 March 2024 respectively subject
to meeting the required conditions
as determined by the OML Remuneration
Committee.
Number of shares 238,966
Grant Price per share R21.75 (being the closing price on
19 March 2019)
Value of Transaction R5,197,500
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Group Company Secretary Elsabé Margaretha Kirsten
Position Company Secretary
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares
in respect of the ESOP Deferred Bonus
Award
Class of Securities Ordinary shares
Date of Award 20 March 2019
Date of Acceptance 22 March 2019
Vesting Date 20 March 2022
Number of shares 15,931
Grant Price per share R21.75 (being the closing price on
19 March 2019)
Value of Transaction R346,497
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
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 T: +27 (0)11 217 1163
Head of Investor Relations M: +27 (0)83 500 8019
E: tndlovu6@oldmutual.com
Communications
Tabby Tsengiwe T: +27 (11) 217 1953
Head of Communications 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
DSHJFMJTMBATBML
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