Old Mutual PLC Director/PDMR Shareholding (8502P)
May 31 2018 - 5:30AM
UK Regulatory
TIDMOML
RNS Number : 8502P
Old Mutual PLC
31 May 2018
Old Mutual plc
Ref 212/18
31 May 2018
NOTIFICATION OF TRANSACTION BY THE CHAIRMAN OF QUILTER PLC
The Company has been informed, by a notification received on 30
May 2018, that Mr Glyn Jones, independent non-executive Chairman of
Quilter plc, bought 268,792 shares in Old Mutual plc at a price of
GBP2.406 per share on 30 May 2018.
Enquiries
External communications
Patrick Bowes +44 20 7002 7440
Investor relations
Dominic Lagan (Old Mutual
plc) +44 20 7002 7190
John-Paul Crutchley (Quilter) +44 20 7002 7016
Nwabisa Piki (Old Mutual
Emerging Markets) +27 11 217 1951
Media
+44 20 7002 7133
William Baldwin-Charles +44 7834 524833
Notes to Editors
About Old Mutual plc
Old Mutual plc is a holding company for several financial
services companies. In March 2016, it announced a new strategy of
managed separation entailing the separation of its underlying
businesses into independently-listed, standalone entities.
The managed separation strategy seeks to preserve and release
the value currently trapped within the group structure. The managed
separation will be materially complete by the end of 2018.
BrightSphere Investment Group, a US based institutional asset
manager, which rebranded from OM Asset Management in March 2018, is
now independent from Old Mutual. The remaining underlying
businesses are:
Old Mutual Emerging Markets: Old Mutual Emerging Markets seeks
to become a premium African financial services group that offers a
broad spectrum of financial solutions to retail and corporate
customers across key market segments in 17 countries.
Nedbank: Nedbank ranks as a top-5 bank by capital on the African
continent and Ecobank, in which Nedbank maintains a 21.2%
shareholding, ranks within the top-10 banks by assets on the
African continent.
Quilter: Quilter is a leader in the UK and in selected offshore
markets in wealth management, providing advice-led investment
solutions and investment platforms to over 900,000 customers,
principally in the affluent market segment.
For the year ended 31 December 2017, Old Mutual reported an
adjusted operating profit before tax of GBP2.0 billion. For further
information on Old Mutual plc and the underlying businesses, please
visit the corporate website at www.oldmutualplc.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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