Old Mutual Limited Dealings in securities - ES incentive schemes (8416K)

TIDMOMU

RNS Number : 8416K

Old Mutual Limited

18 December 2018

Old Mutual Limited

Incorporated in the Republic of South Africa

(Registration number: 2017/235138/06)

ISIN: ZAE000255360

JSE Share Code: OMU

NSX Share Code: OMM

("Old Mutual)"

LEI: 213800MON84ZWWPQCN47

Ref 79_18

18 December 2018

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:

 
 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 OML Employee 
                                Share Ownership Plan (ESOP) awards 
 Type of trade                 On-market 
 Date of transaction           12 December 2018 
 Number of shares purchased    693,936 
 Price per share               R22.1436 
 Value                         R15,366,241.21 
 
 
 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 OML ESOP awards 
 Type of trade                 On-market 
  Date of transaction           12 December 2018 
 Number of shares purchased    395,061 
 Price per share               R22.1436 
 Value                         R8,748,072.76 
 
   Name of the Scheme            Old Mutual Namibia Employee Broad-Based 
                                 Empowerment 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 OML ESOP awards 
 Type of trade                 On-market 
 Date of transaction           12 December 2018 
 Number of shares purchased    125,419 
 Price per share               R22.5483 
 Value                         R2,827,985.24 
 
 
 Name of the Scheme            Old Mutual Namibia 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 OML ESOP awards 
 Type of trade                 On-market 
 Date of transaction           12 December 2018 
 Number of shares purchased    14,590 
 Price per share               R22.5483 
 Value                         R328,979.70 
 
 
 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 OML ESOP and 
                                OML Long-Term Incentive Plan (LTIP) 
                                awards 
 Type of trade                 On-market 
 Date of transaction           12 December 2018 
 Number of shares purchased    1,392,177 
 Price per share               R21.9813 
 Value                         R30,601,860.29 
 Date of transaction           13 December 2018 
 Number of shares purchased    1,268,355 
 Price per share               R22.3939 
 Value                         R28,403,415.03 
 
 
 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 OML ESOP and 
                                OML LTIP awards 
 Type of trade                 On-market 
 Date of transaction           12 December 2018 
 Number of shares purchased    456,000 
 Price per share               R21.9813 
 Value                         R10,023,472.80 
 Date of transaction           13 December 2018 
 Number of shares purchased    415,645 
 Price per share               R22.3939 
 Value                         R9,307,912.57 
 

Prior written approval in terms of paragraph 3.66 of the Listings Requirements was obtained.

 
 JSE Sponsor        Merrill Lynch South Africa (Pty) Limited 
 Namibian Sponsor   PSG Wealth Management (Namibia) (Proprietary) 
                     Limited 
 

Enquiries

 
 Investor Relations 
  Patrick Bowes                 T: [phone] 
  (Interim Head of Investor     E: [e-mail] 
  Relations) 
 Communications: 
  Tabby Tsengiwe                T: [phone] 
                                M: [phone] 
                                E: [e-mail] 
 

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 markets segments in 17 countries. Old Mutual's primary operations are in South Africa and the rest of Africa, and it has niche businesses in Latin America and Asia. With over 170 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 [e-mail] or visit www.rns.com.

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December 18, 2018 07:00 ET (12:00 GMT)