Old Mutual Limited Finalisation & Dividend Currency Equivalents (5762F)
March 22 2022 - 3:30AM
UK Regulatory
TIDMOMU
RNS Number : 5762F
Old Mutual Limited
22 March 2022
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
MSE Share Code: OMU
ZSE Share Code: OMU
NSX Share Code: OMM
("Old Mutual" or "the Company")
Ref 03/22
22 March 2022
FINALISATION ANNOUNCEMENT AND DIVIDEND CURRENCY EQUIVALENTS
Shareholders are referred to Old Mutual's Results announcement
dated 15 March 2022, wherein the company declared a final dividend
of 51 cents per share, which will be paid on Monday, 23 May 2022.
This dividend will be subject to a local dividend tax rate of 20%
which will result in a net final dividend, to those shareholders
who are not exempt from paying dividend tax, of 40.80 cents per
ordinary share. Shareholders that are tax resident in jurisdictions
other than South Africa and who are not exempt or are not subject
to a reduced rate in terms of a double taxation agreement, will be
subject to a dividend withholding tax at a rate of 20%.
Shareholders on the London, Zimbabwean, Malawian and Namibian
registers will be paid in the local currency equivalents of the
final dividend. 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 you
consult with your tax advisor regarding the in-country withholding
tax consequences.
The local currency equivalents of the final dividend have been
established as follows:
Malawi 27.10297 Malawian kwacha per
share
Namibia 51.00000 Namibian cents per
share
United Kingdom 2.58261 GBP pence per share
Zimbabwe 439.42788 RTGS cents per share
The local currency equivalents have been calculated using the
following exchange rates:
Malawi 53.14308 Malawian kwacha per
Rand
Namibia 1.00000 Namibian cents per
Rand
United Kingdom 19.74750 Rand per Pound sterling
Zimbabwe 0.11606 Rand per RTGS dollar
The timetable released on the Stock Exchange News Service on 15
March 2022 remains unchanged.
Sponsors
JSE Merrill Lynch South Africa (Pty) Limited
t/a BofA Securities
Malawi Stockbrokers Malawi Limited
Namibia PSG Wealth Management (Namibia) (Proprietary)
Limited
Zimbabwe Imara Capital Zimbabwe plc
Enquiries
Investor Relations
Sizwe Ndlovu T: +27 (0)11 217 1163
Head of Investor Relations E: tndlovu6@oldmutual.com
Communications:
Vuyo Mtawa M: +27 (0) 68 422 8125
Head of Communications E: VMtawa@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 market segments in
14 countries. Old Mutual's primary operations are in South
Africa and the Rest of Africa and it has a niche business in Asia.
With over 176 years of heritage across sub-Saharan Africa, Old
Mutual is a crucial part of the communities they serve and the
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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END
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