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On March 24, 2025, the Old Mutual Namibia Employee Broad-Base Empowerment Trust and Old Mutual Namibia Employee Trust collectively purchased 1,114,336 Old Mutual Limited ordinary shares for a total value of R13,155,962.25 in hedging transactions. On March 25, 2025, the Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust and Old Mutual Limited Employee Trust collectively sold 354,410 Old Mutual Limited ordinary shares for a total value of R4,209,894.63, also in hedging transactions. All transactions were conducted on-market in respect of Employee Share Ownership Plan and Long-term Incentive Plan awards.
| Date | 28 Mar 2025 |
| Time | 13:00:00 |
| Category | Miscellaneous |
| ID | 7346C |
Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
JSE Alpha Code: OMLI
LSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual")
Ref: 08/25
28 March 2025
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:
|
Name of the Trust |
Old Mutual Namibia Employee Broad-Base Empowerment Trust |
|
Class of security |
Old Mutual Limited ordinary shares |
|
Nature of transactions |
Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Nature of interest |
Indirect beneficial |
|
Type of trade |
On-market |
|
Date of transaction |
24 March 2025 |
|
Number of shares |
587,857 |
|
High price |
R11.94 |
|
Low price |
R11.70 |
|
Volume-weighted average price per share |
R11,0861 |
|
Value |
R6,940,298.53 |
|
Name of the Trust |
Old Mutual Namibia Employee Trust |
|
Class of security |
Old Mutual Limited ordinary shares |
|
Nature of transactions |
Purchase of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Nature of interest |
Indirect beneficial |
|
Type of trade |
On-market |
|
Date of transaction |
24 March 2025 |
|
Number of shares |
526,479 |
|
High price |
R11.94 |
|
Low price |
R11.70 |
|
Volume-weighted average price per share |
R11.8061 |
|
Value |
R6,215,663.72 |
|
Name of the Trust |
Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust |
|
Class of security |
Old Mutual Limited ordinary shares |
|
Nature of transactions |
Sale of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Nature of interest |
Indirect beneficial |
|
Type of trade |
On-market |
|
Date of transaction |
25 March 2025 |
|
Number of shares |
207,910 |
|
High price |
R11.94 |
|
Low price |
R11.80 |
|
Volume-weighted average price per share |
R11.8786 |
|
Value |
R2,469,679.73 |
|
Name of the Trust |
Old Mutual Limited Employee Trust |
|
Class of security |
Old Mutual Limited ordinary shares |
|
Nature of transactions |
Sale of Old Mutual Limited ordinary shares in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Nature of interest |
Indirect beneficial |
|
Type of trade |
On-market |
|
Date of transaction |
25 March 2025 |
|
Number of shares |
146,500 |
|
High price |
R11.94 |
|
Low price |
R11.80 |
|
Volume-weighted average price per share |
R11.8786 |
|
Value |
R1,740,214.90 |
Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.
Sandton
Sponsors
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JSE |
Equity Sponsor: Tamela Holdings (Proprietary) Limited |
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Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited |
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Namibia |
PSG Wealth Management (Namibia) (Proprietary) Limited |
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Zimbabwe |
Imara Capital Zimbabwe plc |
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Malawi |
Stockbrokers Malawi Limited |
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Enquiries
Investor Relations |
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Langa Manqele Head of Investor Relations
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M: +27 82 295 9840 |
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Communications |
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Wendy Tlou Chief Communications and Reputation Officer |
M: +27 82 906 5008 |
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Notes to Editors
About Old Mutual
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 12 countries. Old Mutual's primary operations are in Africa and it has a niche business in China. With over 179 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as broader society on the continent.
For further information on Old Mutual and its underlying businesses, please visit the Corporate website at www.oldmutual.com