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Director/PDMR Shareholding

14 Apr 2021 16:00

RNS Number : 4915V
Old Mutual Limited
14 April 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 08_21

14 April 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 award of forfeitable shares in respect of the ESOP Deferred Bonus Award

Class of Securities

Ordinary shares

Transaction Date

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

83 795

Grant Price per share

R13.0900

Value of Transaction

R1 096 876.55

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

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

63 349

Grant Price per share

R13.0900

Value of Transaction

R829 238.41

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

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

16 089

Grant Price per share

R13.0900

Value of Transaction

R210 605.01

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

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

38 005

Grant Price per share

R13.0900

Value of Transaction

R497 485.45

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

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

47 507

Grant Price per share

R13.0900

Value of Transaction

R621 866.63

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

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

42 457

Grant Price per share

R13.0900

Value of Transaction

R555 762.13

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

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

47 507

Grant Price per share

R13.0900

Value of Transaction

R621 866.63

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

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

50 497

Grant Price per share

R13.0900

Value of Transaction

R661 005.73

Nature of interest

Direct beneficial

Clearance obtained

Yes

Place of the transaction

XOFF

 

Director

Heloise Van Der Mescht

Position

Acting Chief Operations 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

09-Apr-21

Vesting Date

Award vests in equal tranches on 09 April 2022, 09 April 2023 and 09 April 2024.

Number of shares

43 835

Grant Price per share

R13.0900

Value of Transaction

R573 800.15

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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END
 
 
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