AI assistant
Old Mutual Limited Director's Dealing 2022
10533_dirs_2022-04-25_df3ca768-e16b-4f1e-bb4e-45b93a62c65d.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 2041J
Old Mutual Limited
25 April 2022
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")
25 April 2022
Ref: 12/22
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 |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 147 290 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R2 031 129.1000 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Casparus Gerhardus Troskie |
| Position | Chief Financial Officer |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 88 144 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R1 215 505.7600 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Elsabé Margaretha Kirsten |
| Position | Company Secretary |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 38 011 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R524 171.6900 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Elsabé Margaretha Kirsten |
| Position | Company Secretary |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Retention Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 54 388 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R750 010.5200 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Clement Chinaka |
| Position | Managing Director: Rest of Africa |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 37 890 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R522 503.1000 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Tsakani Clarence Nethengwe |
| Position | Managing Director: Mass Foundation Cluster |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 95 758 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R1 320 502.8200 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Prabashini Moodley |
| Position | Managing Director: Corporate |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 33 902 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R467 508.5800 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Kerrin Land |
| Position | Managing Director: Personal Finance and Wealth Management |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 97 136 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R1 339 505.4400 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Garth Napier |
| Position | Managing Director: Old Mutual Insure |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 103 336 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R1 425 003.4400 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Zurieda Ebrahim (Atkinson) |
| Position | Chief Operating Officer |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the ESOP Deferred Bonus Award |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023, 13 April 2024 and 13 April 2025. |
| Number of shares | 9 790 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R135 004.1000 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Zurieda Ebrahim (Atkinson) |
| Position | Chief Operating Officer |
| Company | Old Mutual |
| Nature of transactions | Off-market award of forfeitable shares in respect of the Buyout Award agreed in the employment contract |
| Class of Securities | Ordinary shares |
| Transaction Date | 19-Apr-22 |
| Vesting Date | Award vests in equal tranches on 13 April 2023 and 13 April 2024. |
| Number of shares | 152 285 |
| Grant Price per share | R13.7900 |
| Value of Transaction | R2 100 010.1500 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
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 Head of Investor Relations |
T: +27 (0)11 217 1163 E: [email protected] |
||
| Communications | |||
| Vuyo Mtawa | M: +27 68 422 8125 | ||
| Head: Group Communications | E: [email protected] | ||
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.
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 [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCGIGDSLUDDGDU