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 31/21
10 December 2021
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 G Williamson |
| Position | Chief Executive Officer |
| Company | Old Mutual |
| Nature of transactions | Off-market acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024. |
| Number of shares | 14 157 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R199 472.1300 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Iain G Williamson |
| Position | Chief Executive Officer |
| Company | Old Mutual |
| Nature of transactions | Off-market acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 26 March 2023 |
| Number of shares | 29 684 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R418 247.5600 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
| Director | Iain G Williamson |
| Position | Chief Executive Officer |
| Company | Old Mutual |
| Nature of transactions | Off-market acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 20 March 2022 |
| Number of shares | 10 586 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R149 156.7400 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024. |
| Number of shares | 10 701 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R150 777.0900 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 26 March 2023 |
| Number of shares | 23 182 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R326 634.3800 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 20 March 2022 |
| Number of shares | 13 555 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R190 989.9500 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024. |
| Number of shares | 2 718 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R38 296.6200 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 26 March 2023 |
| Number of shares | 5 089 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R71 704.0100 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 20 March 2022 |
| Number of shares | 2 691 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R37 916.1900 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024. |
| Number of shares | 6 420 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R90 457.8000 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 26 March 2023 |
| Number of shares | 20 355 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R286 801.9500 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 20 March 2022 |
| Number of shares | 14 083 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R198 429.4700 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024. |
| Number of shares | 8 025 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R113 072.2500 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 26 March 2023 |
| Number of shares | 16 397 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R231 033.7300 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 20 March 2022 |
| Number of shares | 14 639 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R206 263.5100 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024. |
| Number of shares | 7 173 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R101 067.5700 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 26 March 2023 |
| Number of shares | 12 298 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R173 278.8200 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 20 March 2022 |
| Number of shares | 7 634 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R107 563.0600 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024. |
| Number of shares | 8 025 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R113 072.2500 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 26 March 2023 |
| Number of shares | 15 585 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R219 592.6500 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 20 March 2022 |
| Number of shares | 4 934 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R69 520.0600 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024. |
| Number of shares | 8 532 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R120 215.8800 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 26 March 2023 |
| Number of shares | 14 984 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R211 124.5600 |
| 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 acceptance of forfeitable shares in respect of the special grant utilising the proceeds from the unbundling announced on 26 October 2021 |
| Class of Securities | Ordinary shares |
| Transaction Date | 07-Dec-21 |
| Vesting Date | Award vests on 20 March 2022 |
| Number of shares | 20 665 |
| Grant Price per share | R14.0900 |
| Value of Transaction | R291 169.8500 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Place of the transaction | XOFF |
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 Head of Investor Relations | T: +27 (0)11 217 1163 E: tndlovu6@oldmutual.com |
| | |
| Communications | |
| Tabby Tsengiwe Head of Communications | T: +27 (11) 217 1953 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 we have a niche business in China. With over 175 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.
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