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Old Mutual Limited's Broad-Based Black Economic Empowerment Employee Trust and Employee Trust made on-market purchases of the company's ordinary shares. The trusts acquired a total of 5,995,810 ordinary shares across four separate transactions on 5 December and 8 December 2025, for a combined total value of R83,709,951.19, as part of hedging transactions for employee share incentive schemes.
| Date | 10 Dec 2025 |
| Time | 15:35:00 |
| Category | Miscellaneous |
| ID | 0612L |
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" or "the Company"))
Ref: 43/25
10 December 2025
DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEMES
In accordance with paragraph 3.63 of the JSE Limited Listings Requirements and paragraph 6.42 of the Debt Listings Requirements, shareholders and debtholders are advised of the dealings in securities of the Company by employee share incentive schemes:
|
Name of the Trust |
Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust |
|
Company |
Old Mutual Limited |
|
Nature of transactions |
On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Class of Securities |
Ordinary shares |
|
Date of transaction |
5 December 2025 |
|
Number of Securities |
686 808 |
|
Price per share |
R14.0000 |
|
Total value of the transaction |
R9 615 312.00 |
|
Extent of interest |
Indirect beneficial |
|
Name of the Trust |
Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust |
|
Company |
Old Mutual Limited |
|
Nature of transactions |
On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Class of Securities |
Ordinary shares |
|
Date of Transaction |
8 December 2025 |
|
Number of Securities |
440 224 |
|
Highest traded price per share on the market on the day |
R13.9900 |
|
Lowest traded price per share on the market on the day |
R13.7900 |
|
Volume weighted average price per share |
R13.9012 |
|
Total value of the transaction |
R6 119 641.87 |
|
Extent of interest |
Indirect beneficial |
|
Name of the Trust |
Old Mutual Limited Employee Trust |
|
Company |
Old Mutual Limited |
|
Nature of transactions |
On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Class of Securities |
Ordinary shares |
|
Date of transaction |
5 December 2025 |
|
Number of Securities |
2 967 010 |
|
Price per share |
R14.0000 |
|
Total value of the transaction |
R41 538 140.00 |
|
Extent of interest |
Indirect beneficial |
|
Name of the Trust |
Old Mutual Limited Employee Trust |
|
Company |
Old Mutual Limited |
|
Nature of transactions |
On-market purchase in a hedging transaction in respect of the Employee Share Ownership Plan and Long-term Incentive Plan awards. |
|
Class of Securities |
Ordinary shares |
|
Date of transaction |
8 December 2025 |
|
Number of Securities |
1 901 768 |
|
Highest traded price per share on the market on the day |
R13.9900 |
|
Lowest traded price per share on the market on the day |
R13.7900 |
|
Volume weighted average price per share |
R13.9012 |
|
Total value of the transaction |
R26 436 857.32 |
|
Extent of interest |
Indirect beneficial |
Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.
Sandton
Sponsors
|
JSE |
Equity Sponsor: Tamela Holdings (Proprietary) Limited |
|
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Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited |
|
Namibia |
PSG Wealth Management (Namibia) (Proprietary) Limited |
|
Zimbabwe |
Imara Capital Zimbabwe plc |
|
Malawi |
Stockbrokers Malawi Limited |
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Enquiries |
|
|
Investor Relations |
|
|
Langa Manqele Head of Investor Relations
|
M: +27 82 295 9840 |
|
Communications |
|
|
Wendy Tlou Chief Communications and Reputation Officer |
M: +27 83 301 9663 |
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 180 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