We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Old Mutual Limited | LSE:OMU | London | Ordinary Share | ZAE000255360 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
2.35 | 5.49% | 45.15 | 44.75 | 44.90 | 45.30 | 42.50 | 44.10 | 166,988 | 16:35:03 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Ins Agents,brokers & Service | 196.4B | 7.07B | 1.5005 | 0.35 | 2.5B |
TIDMOMU
RNS Number : 1922P
Old Mutual Limited
08 October 2019
Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
MSE Share Code: OMU
NSX Share Code: OMM
ZSE Share Code: OMU
("Old Mutual" or the "Company")
Ref 44/19
08 October 2019
OLD MUTUAL ASSIGNED CREDIT RATINGS
On 8 October 2019, S&P Global Ratings ("S&PGR") assigned Old Mutual a long-term South Africa National Scale issuer credit rating of 'zaAA-' and a short-term South Africa National Scale issuer credit rating of 'zaA-1+'. These are Old Mutual's maiden ratings.
The ratings reflect the Old Mutual group's overall creditworthiness and Old Mutual's structural subordination as a non-operating holding company. Old Mutual Life Assurance Company (South Africa) Limited's ("OMLACSA") resilient balance sheet and the sound regulatory solvency ratios of both the Old Mutual group and OMLACSA are also reflected in the rating. As at the end of June 2019, OMLACSA reported a solvency ratio of 218% and the Old Mutual group reported a solvency ratio of 166%.
The full S&PGR credit rating report can be found at https://www.spglobal.com/ratings/en/.
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 T: +27 (11) 217 1163 Head of Investor Relations E: tndlovu6@oldmutual.com Communications: Tabby Tsengiwe T: +27 (11) 217 1953 Head of Communications M: +27 (0)60 547 4947 E: ttsengiwe@oldmutual.com
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 it has a niche business in China. With over 174 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 rns@lseg.com or visit www.rns.com.
END
MSCUGGRPUUPBGAR
(END) Dow Jones Newswires
October 08, 2019 11:45 ET (15:45 GMT)
1 Year Old Mutual Chart |
1 Month Old Mutual Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions