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Old Mutual Ltd - Dealings in securities on behalf of BBBEEE Trust

RNS Number : 2161Z
Old Mutual Limited
16 September 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 31/20

16 September 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 an employee incentive scheme:

 

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

9 September 2020

Number of shares

797 000

Price per share

R11.2684

Value

R8 980 914.80

 

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 1042

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.

 

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Quick facts: Old Mutual Limited

Price: 52.1

Market: LSE
Market Cap: £2.45 billion
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