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Old Mutual Ltd - Dealings in securities on behalf of ESIS

RNS Number : 6399I
Old Mutual Limited
02 April 2020
 

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 12/20

2 April 2020

 

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEME

In compliance with the Listings Requirements of the JSE Limited the following information is provided in respect of trading by various employee incentive schemes:

 

Name of the Scheme

Old Mutual Namibia Management Incentive Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

30-Mar-20

Number of shares

16,840

Price per share

R11.4400

Value

R192,650

 

Name of the Scheme

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

30-Mar-20

Number of shares

207,234

Price per share

R11.4058

Value

R2,363,670.00

 

Name of the Scheme

Old Mutual Limited Employee Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

30-Mar-20

Number of shares

540,992

Price per share

R11.4058

Value

R6,170,447.00

 

Name of the Scheme

Old Mutual Insure Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

30-Mar-20

Number of shares

1,164,214

Price per share

R11.5254

Value

R13,418,032.04

 

Name of the Scheme

Old Mutual Insure Employee Trust

Class of security

Old Mutual Ordinary shares

Nature of transactions

Purchase of Old Mutual Ordinary Shares in a hedging transaction in respect of the ESOP awards.

Type of trade

On-market

Date of transaction

30-Mar-20

Number of shares

589,426

Price per share

R11.5254

Value

R6,793,370.42

 

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

Head of Investor Relations

T: +27 (0)11 217 1163

E: [email protected]



Tokelo Mulaudzi

T: +27 (0)11 217 1161

Investor Relations Manager

E: [email protected]



Communications


Tabby Tsengiwe

Head of Communications

T: +27 (11) 217 1953

M: +27 (0)60 547 4947

E: [email protected]

 

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 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.

 


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 [email protected] or visit www.rns.com.
 
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Quick facts: Old Mutual Limited

Price: 60.8

Market: LSE
Market Cap: £2.94 billion
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