TIDMOMU

RNS Number : 4915V

Old Mutual Limited

14 April 2021

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 08_21

14 April 2021

DEALINGS IN SECURITIES BY DIRECTORS, COMPANY SECRETARY AND PRESCRIBED OFFICERS OF OLD MUTUAL

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following directors, company secretary and prescribed officers of Old Mutual have been awarded forfeitable shares in terms of the company's Employee Share Ownership Plan (ESOP) Rules:

 
 Director                    Iain G Williamson 
 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 
                            ========================================== 
 Transaction Date            09-Apr-21 
                            ========================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            ========================================== 
 Number of shares            83 795 
                            ========================================== 
 Grant Price per share       R13.0900 
                            ========================================== 
 Value of Transaction        R1 096 876.55 
                            ========================================== 
 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 
                            ========================================== 
 Transaction Date            09-Apr-21 
                            ========================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            ========================================== 
 Number of shares            63 349 
                            ========================================== 
 Grant Price per share       R13.0900 
                            ========================================== 
 Value of Transaction        R829 238.41 
                            ========================================== 
 Nature of interest          Direct beneficial 
                            ========================================== 
 Clearance obtained          Yes 
                            ========================================== 
 Place of the transaction    XOFF 
                            ========================================== 
 
 
 Director                    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 
                            ========================================== 
 Transaction Date            09-Apr-21 
                            ========================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            ========================================== 
 Number of shares            16 089 
                            ========================================== 
 Grant Price per share       R13.0900 
                            ========================================== 
 Value of Transaction        R210 605.01 
                            ========================================== 
 Nature of interest          Direct beneficial 
                            ========================================== 
 Clearance obtained          Yes 
                            ========================================== 
 Place of the transaction    XOFF 
                            ========================================== 
 
 
 Director                    Clement Chinaka 
 Position                    Managing Director: Rest of Africa 
                            ========================================== 
 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 
                            ========================================== 
 Transaction Date            09-Apr-21 
                            ========================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            ========================================== 
 Number of shares            38 005 
                            ========================================== 
 Grant Price per share       R13.0900 
                            ========================================== 
 Value of Transaction        R497 485.45 
                            ========================================== 
 Nature of interest          Direct beneficial 
                            ========================================== 
 Clearance obtained          Yes 
                            ========================================== 
 Place of the transaction    XOFF 
                            ========================================== 
 
 
 Director                    Tsakani Clarence Nethengwe 
 Position                    Managing Director: Mass Foundation Cluster 
                            =========================================== 
 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 
                            =========================================== 
 Transaction Date            09-Apr-21 
                            =========================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            =========================================== 
 Number of shares            47 507 
                            =========================================== 
 Grant Price per share       R13.0900 
                            =========================================== 
 Value of Transaction        R621 866.63 
                            =========================================== 
 Nature of interest          Direct beneficial 
                            =========================================== 
 Clearance obtained          Yes 
                            =========================================== 
 Place of the transaction    XOFF 
                            =========================================== 
 
 
 Director                    Prabashini Moodley 
 Position                    Managing Director: Corporate 
                            ========================================== 
 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 
                            ========================================== 
 Transaction Date            09-Apr-21 
                            ========================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            ========================================== 
 Number of shares            42 457 
                            ========================================== 
 Grant Price per share       R13.0900 
                            ========================================== 
 Value of Transaction        R555 762.13 
                            ========================================== 
 Nature of interest          Direct beneficial 
                            ========================================== 
 Clearance obtained          Yes 
                            ========================================== 
 Place of the transaction    XOFF 
                            ========================================== 
 
 
 Director                    Kerrin Land 
 Position                    Managing Director: Personal Finance and Wealth 
                              Management 
                            =============================================== 
 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 
                            =============================================== 
 Transaction Date            09-Apr-21 
                            =============================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            =============================================== 
 Number of shares            47 507 
                            =============================================== 
 Grant Price per share       R13.0900 
                            =============================================== 
 Value of Transaction        R621 866.63 
                            =============================================== 
 Nature of interest          Direct beneficial 
                            =============================================== 
 Clearance obtained          Yes 
                            =============================================== 
 Place of the transaction    XOFF 
                            =============================================== 
 
 
 Director                    Garth Napier 
 Position                    Managing Director: Old Mutual Insure 
                            ========================================== 
 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 
                            ========================================== 
 Transaction Date            09-Apr-21 
                            ========================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            ========================================== 
 Number of shares            50 497 
                            ========================================== 
 Grant Price per share       R13.0900 
                            ========================================== 
 Value of Transaction        R661 005.73 
                            ========================================== 
 Nature of interest          Direct beneficial 
                            ========================================== 
 Clearance obtained          Yes 
                            ========================================== 
 Place of the transaction    XOFF 
                            ========================================== 
 
 
 Director                    Heloise Van Der Mescht 
 Position                    Acting Chief Operations 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 
                            ========================================== 
 Transaction Date            09-Apr-21 
                            ========================================== 
 Vesting Date                Award vests in equal tranches on 09 April 
                              2022, 09 April 2023 and 09 April 2024. 
                            ========================================== 
 Number of shares            43 835 
                            ========================================== 
 Grant Price per share       R13.0900 
                            ========================================== 
 Value of Transaction        R573 800.15 
                            ========================================== 
 Nature of interest          Direct beneficial 
                            ========================================== 
 Clearance obtained          Yes 
                            ========================================== 
 Place of the transaction    XOFF 
                            ========================================== 
 

Sandton

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    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

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 14 countries. Old Mutual's primary operations are in South Africa and the rest of Africa, and we have a niche business in China. With over 175 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 .

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April 14, 2021 11:00 ET (15:00 GMT)

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