RNS Number : 0103N
Old Mutual Limited
20 November 2024
 

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

JSE Alpha Code: OMLI

LSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "Group")

 

 

Ref: 106/24

 

20 November 2024

 

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEMES

 

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

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Nature of interest

Indirect beneficial

Type of trade

On-market

Date of transaction

15 November 2024

Number of shares

2,005,824

Price per share

R12.7746

Value

R25,623,599.27

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Nature of interest

Indirect beneficial

Type of trade

On-market

Date of transaction

15 November 2024

Number of shares

1,476,732

Price per share

R12.7960

Value

R18,896,262.67

 

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Nature of interest

Indirect beneficial

Type of trade

On-market

Date of transaction

15 November 2024

Number of shares

710,747

Price per share

R12.7746

Value

R9,079,508.63

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Nature of interest

Indirect beneficial

Type of trade

On-market

Date of transaction

15 November 2024

Number of shares

523,268

Price per share

R12.7960

Value

R6,695,737.33

 

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Nature of interest

Indirect beneficial

Type of trade

On-market

Date of transaction

18 November 2024

Number of shares

1,018,369

Price per share

R12.7500

Value

R12,984,204.75

 

Name of the Trust

Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Nature of interest

Indirect beneficial

Type of trade

On-market

Date of transaction

18 November 2024

Number of shares

1,277,483

Price per share

R12.7786

Value

R16,324,444.26

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Nature of interest

Indirect beneficial

Type of trade

On-market

Date of transaction

18 November 2024

Number of shares

360,851

Price per share

R12.7500

Value

R4,600,850.25

 

Name of the Trust

Old Mutual Limited Employee Trust

Class of security

Old Mutual Limited ordinary shares

Nature of transactions

Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards.

Nature of interest

Indirect beneficial

Type of trade

On-market

Date of transaction

18 November 2024

Number of shares

452,665

Price per share

R12.7786

Value

R5,784,424.97

 

Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.

 

Sandton

 

Sponsors

JSE

Equity Sponsor: Tamela Holdings (Proprietary) Limited

Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Namibia

PSG Wealth Management (Namibia) (Proprietary) Limited

Zimbabwe

Imara Capital Zimbabwe plc

Malawi

Stockbrokers Malawi Limited

 

Enquiries

 

Investor Relations


Langa Manqele

Head of Investor Relations

 

             M: +27 82 295 9840

             E: investorrelations@oldmutual.com

Communications


Wendy Tlou

Chief Communications and Reputation Officer

             M: +27 82 906 5008

             E: oldmutualnews@oldmutual.com

 

Notes to Editors

About Old Mutual

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 12 countries. Old Mutual's primary operations are in Africa and it has a niche business in China. With over 179 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as 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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