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Old Mutual Limited Director's Dealing 2023
10533_mrq_2023-04-06_26594373-6123-452d-b909-912947316c9a.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 6875V
Old Mutual Limited
06 April 2023
Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or "the Company")
Ref 28/23
06 April 2023
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 and accepted forfeitable shares in terms of the company's Employee Share Ownership Plan (ESOP) and Long-Term Incentive Plan (LTIP) 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares* | 371 543 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 4,421,361.70 |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 248 027 |
| Grant Price per share | R11.90 000 |
| Value of Transaction | R 2,951,521.30 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Zureida Ebrahim |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 176 739 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 2,103,194.10 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Clement Chinaka |
| Position | Managing Director: Old Mutual Africa Regions |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 211 548 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 2,517,421.20 |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 193 905 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 2,307,469.50 |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 167 069 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 1,988,121.10 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Gcinikhaya Loyiso Gobodo |
| Position | Managing Director: Wealth and Investments |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 556 145 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 6,618,125.50 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Kerrin Land |
| Position | Managing Director: Personal Finance |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 188 614 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 2,244,506.60 |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 198 057 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 2,356,878.30 |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 55 906 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 665,281.40 |
| 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 | 31 March 2023 |
| Vesting Date | Award vests in equal tranches on 31 March 2024, 31 March 2025 and 31 March 2026. |
| Number of shares | 42 017 |
| Grant Price per share | R11.90000 |
| Value of Transaction | R 500,002.30 |
| 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 | |||
| Bonga Mriga Interim Head: Investor Relations |
M: +27 (0)67 866 6348 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 Africa Regions, and it has a niche business in Asia. With over 177 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.
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