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Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust purchased 841,385 Old Mutual Limited ordinary shares, and Old Mutual Limited Employee Trust purchased 560,923 ordinary shares. Both on-market transactions occurred on 13 December 2023 at R11.7800 per share, with total values of R9,911,515.30 and R6,607,672.94 respectively, for hedging employee incentive awards.
| Date | 19 Dec 2023 |
| Time | 15:30:00 |
| Category | Miscellaneous |
| ID | 3169X |
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")
Ref 63/23
19 December 2023
DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEME
In compliance with the Listings Requirements of JSE Limited the following information is provided in respect of trading by various employee incentive schemes:
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Name of the Trust |
Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust |
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Class of security |
Old Mutual Limited ordinary shares |
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Nature of transactions |
Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the ESOP and LTIP awards. |
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Type of trade |
On-market |
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Date of transaction |
13-Dec-23 |
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Number of shares |
841,385 |
|
Price per share |
R11.7800 |
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Value |
R9,911,515.30 |
|
Name of the Trust |
Old Mutual Limited Employee Trust |
|
Class of security |
Old Mutual Limited ordinary shares |
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Nature of transactions |
Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the ESOP and LTIP awards. |
|
Type of trade |
On-market |
|
Date of transaction |
13-Dec-23 |
|
Number of shares |
560,923 |
|
Price per share |
R11.7800 |
|
Value |
R6,607,672.94 |
Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.
Sandton
Sponsors
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Johannesburg Stock Exchange |
Merrill Lynch South Africa (Pty) Limited ta BofA Securities |
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Malawi Stock Exchange |
Stockbrokers Malawi Limited |
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Namibia Stock Exchange |
PSG Wealth Management (Namibia) (Proprietary) Limited |
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Zimbabwe Stock Exchange |
Imara Capital Zimbabwe plc |
Enquiries
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Investor Relations |
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Langa Manqele Head: Investor Relations |
M: +27 (0)82 295 9840 E: lmanqele@oldmutual.com |
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Communications |
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Tabby Tsengiwe |
M: +27 (0)60 547 4949 |
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E: oldmutualnews@oldmutual.com |
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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.