Old Mutual Limited
Incorporated in the Republic of South Africa Registration number: 2017/235138/06
JSE alpha code: OMLI
("Old Mutual" or "the Company")
26 April 2022
Ref: 13/22
DEALINGS IN SECURITIES BY DIRECTORS, COMPANY SECRETARY AND PRESCRIBED OFFICERS OF OLD MUTUAL
In accordance with paragraph 6.42 of the Debt Listings Requirements, debtholders are advised that the following directors, company secretary and prescribed officers of Old Mutual have been awarded conditional shares in terms of the Company's Long-Term Incentive Plan (LTIP) Rules:
Director | Iain George Williamson |
Position | Chief Executive Officer |
Company | Old Mutual |
Nature of transactions | Off-market award of conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 20-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 1 018 130 |
Grant Price per share | R13.7900 |
Value of Transaction | R14 040 012.7000 |
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 conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 20-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 498 550 |
Grant Price per share | R13.7900 |
Value of Transaction | R6 875 004.5000 |
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 conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 25-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 30 167 |
Grant Price per share | R13.7900 |
Value of Transaction | R416 002.9300 |
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 conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 25-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required |
conditions as determined by the OML Remuneration Committee. | |
Number of shares | 430 566 |
Grant Price per share | R13.7900 |
Value of Transaction | R5 937 505.1400 |
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 conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 25-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 430 566 |
Grant Price per share | R13.7900 |
Value of Transaction | R5 937 505.1400 |
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 conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 25-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 385 243 |
Grant Price per share | R13.7900 |
Value of Transaction | R5 312 500.9700 |
Nature of interest | Direct beneficial |
Clearance obtained | Yes |
Place of the transaction | XOFF |
Director | Gcinikhaya Loyiso Gobodo |
Position | Managing Director: Old Mutual Investments |
Company | Old Mutual |
Nature of transactions | Off-market award of conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 25-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 258 340 |
Grant Price per share | R13.7900 |
Value of Transaction | R3 562 508.6000 |
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 conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 20-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 430 566 |
Grant Price per share | R13.7900 |
Value of Transaction | R5 937 505.1400 |
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 conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 25-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 258 340 |
Grant Price per share | R13.7900 |
Value of Transaction | R3 562 508.6000 |
Nature of interest | Direct beneficial |
Clearance obtained | Yes |
Place of the transaction | XOFF |
Director | Zurieda Ebrahim (Atkinson) |
Position | Chief Operating Officer |
Company | Old Mutual |
Nature of transactions | Off-market award of conditional shares in respect of the annual LTIP Award |
Class of Securities | Old Mutual ordinary shares |
Transaction Date | 20-Apr-22 |
Vesting Date | Award vests in equal tranches on 13 April 2025, 13 April 2026 and 13 April 2027 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee. |
Number of shares | 407 905 |
Grant Price per share | R13.7900 |
Value of Transaction | R5 625 009.9500 |
Nature of interest | Direct beneficial |
Clearance obtained | Yes |
Place of the transaction | XOFF |
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Old Mutual Ltd. published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 08:39:19 UTC.