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OMUTUAL:  1,158   0 (0.00%)  01/01/1970 00:00

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

Release Date: 26/04/2022 10:00
Code(s): OMU     PDF:  
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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”)



26 April 2022
Ref: 13/22


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 conditional shares in respect of
Nature of transactions
                            the annual LTIP Award
Class of Securities         Old Mutual ordinary shares
Transaction Date            20-Apr-22
                            Award vests in equal tranches on 13 April 2025, 13
                            April 2026 and 13 April 2027 respectively subject to
Vesting Date
                            meeting the required conditions as determined by the
                            OML Remuneration Committee.
Number of shares            1 018 130
Grant Price per share       R13.7900
Value of Transaction        R14 040 012.7000
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 conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         20-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         498 550
Grant Price per share    R13.7900
Value of Transaction     R6 875 004.5000
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 conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         25-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         30 167
Grant Price per share    R13.7900
Value of Transaction     R416 002.9300
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 conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         25-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         430 566
Grant Price per share    R13.7900
Value of Transaction     R5 937 505.1400
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 conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         25-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         430 566
Grant Price per share    R13.7900
Value of Transaction     R5 937 505.1400
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 conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         25-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         385 243
Grant Price per share    R13.7900
Value of Transaction     R5 312 500.9700
Nature of interest       Direct beneficial
Clearance obtained       Yes
Place of the
                         XOFF
transaction


Director                 Gcinikhaya Loyiso Gobodo
Position                 Managing Director: Old Mutual Investments
Company                  Old Mutual
                         Off-market award of conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         25-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         258 340
Grant Price per share    R13.7900
Value of Transaction     R3 562 508.6000
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 conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         20-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         430 566
Grant Price per share    R13.7900
Value of Transaction     R5 937 505.1400
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 conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         25-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         258 340
Grant Price per share    R13.7900
Value of Transaction     R3 562 508.6000
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 conditional shares in respect of
Nature of transactions
                         the annual LTIP Award
Class of Securities      Old Mutual ordinary shares
Transaction Date         20-Apr-22
                         Award vests in equal tranches on 13 April 2025, 13
                         April 2026 and 13 April 2027 respectively subject to
Vesting Date
                         meeting the required conditions as determined by the
                         OML Remuneration Committee.
Number of shares         407 905
Grant Price per share    R13.7900
Value of Transaction     R5 625 009.9500
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 conditional shares in respect of
Nature of transactions
                          the Buyout Award agreed in the employment contract
Class of Securities       Old Mutual ordinary shares
Transaction Date          20-Apr-22
                          Award vests in equal tranches on 13 April 2025, 13
                          April 2026 and 13 April 2027 respectively subject to
Vesting Date
                          meeting the required conditions as determined by the
                          OML Remuneration Committee.
Number of shares          362 582
Grant Price per share     R13.7900
Value of Transaction      R5 000 005.7800
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: 26-04-2022 10:00:00
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