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OLD MUTUAL LIMITED - Dealings in Securities by Directors, Company Secretary and Prescribed Officers of Old Mutual

Release Date: 25/04/2022 14:30
Code(s): OMU     PDF:  
Wrap Text
Dealings in Securities by Directors, Company Secretary and Prescribed Officers of Old Mutual

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
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)



Ref 12/22
25 April 2022


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 George Williamson
Position                    Chief Executive Officer
Company                     Old Mutual
                            Off-market award of forfeitable shares in respect of
Nature of transactions
                            the ESOP Deferred Bonus Award
Class of Securities         Ordinary shares
Transaction Date            19-Apr-22
                            Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                            April 2024 and 13 April 2025.
Number of shares            147 290
Grant Price per share       R13.7900
Value of Transaction        R2 031 129.1000
Nature of interest          Direct beneficial
Clearance obtained          Yes
Place of the
                            XOFF
transaction


Director                    Casparus Gerhardus Troskie
Position                    Chief Financial Officer
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Deferred Bonus Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                         April 2024 and 13 April 2025.
Number of shares         88 144
Grant Price per share    R13.7900
Value of Transaction     R1 215 505.7600
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Elsabé Margaretha Kirsten
Position                 Company Secretary
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Deferred Bonus Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                         April 2024 and 13 April 2025.
Number of shares         38 011
Grant Price per share    R13.7900
Value of Transaction     R524 171.6900
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Elsabé Margaretha Kirsten
Position                 Company Secretary
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Retention Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
Vesting Date             Award vests on 13 April 2025.
Number of shares         54 388
Grant Price per share    R13.7900
Value of Transaction     R750 010.5200
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Clement Chinaka
Position                 Managing Director: Rest of Africa
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Deferred Bonus Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                         April 2024 and 13 April 2025.
Number of shares         37 890
Grant Price per share    R13.7900
Value of Transaction     R522 503.1000
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Tsakani Clarence Nethengwe
Position                 Managing Director: Mass Foundation Cluster
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Deferred Bonus Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                         April 2024 and 13 April 2025.
Number of shares         95 758
Grant Price per share    R13.7900
Value of Transaction     R1 320 502.8200
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Prabashini Moodley
Position                 Managing Director: Corporate
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Deferred Bonus Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                         April 2024 and 13 April 2025.
Number of shares         33 902
Grant Price per share    R13.7900
Value of Transaction     R467 508.5800
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Kerrin Land
                         Managing Director: Personal Finance and Wealth
Position
                         Management
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Deferred Bonus Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                         April 2024 and 13 April 2025.
Number of shares         97 136
Grant Price per share    R13.7900
Value of Transaction     R1 339 505.4400
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Garth Napier
Position                 Managing Director: Old Mutual Insure
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Deferred Bonus Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                         April 2024 and 13 April 2025.
Number of shares         103 336
Grant Price per share    R13.7900
Value of Transaction     R1 425 003.4400
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Zurieda Ebrahim (Atkinson)
Position                 Chief Operating Officer
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the ESOP Deferred Bonus Award
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023, 13
Vesting Date
                         April 2024 and 13 April 2025.
Number of shares         9 790
Grant Price per share    R13.7900
Value of Transaction     R135 004.1000
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Zurieda Ebrahim (Atkinson)
Position                 Chief Operating Officer
Company                  Old Mutual
                         Off-market award of forfeitable shares in respect of
Nature of transactions
                         the Buyout Award agreed in the employment contract
Class of Securities      Ordinary shares
Transaction Date         19-Apr-22
                         Award vests in equal tranches on 13 April 2023 and
Vesting Date
                         13 April 2024.
Number of shares         152 285
Grant Price per share    R13.7900
Value of Transaction     R2 100 010.1500
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction
Sandton

Sponsors

Johannesburg Stock Exchange         Merrill Lynch South Africa (Pty) Limited ta BofA
                                    Securities
Malawi Stock Exchange               Stockbrokers Malawi Limited
Namibia Stock Exchange              PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe Stock Exchange             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 68 422 8125
Head: Group 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.

Date: 25-04-2022 02:30:00
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