Source - LSE Regulatory
RNS Number : 3223V
Old Mutual Limited
10 December 2021
 

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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