Wrap Text
Dealings in securities by directors, company secretary and prescribed officers of Old Mutual
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 "Company")
Ref: 10/25
4 April 2025
DEALINGS IN SECURITIES BY DIRECTORS, COMPANY SECRETARY AND PRESCRIBED OFFICERS
OF OLD MUTUAL
In accordance with paragraph 3.63 to 3.66 of the JSE Listings Requirements, shareholders are advised
that the following directors, company secretary and prescribed officers of the Company have been
awarded and accepted forfeitable shares in terms of the Company's Employee Share Ownership
Plan ("ESOP") and Long-Term Incentive Plan ("LTIP") Rules:
Director Iain George Williamson
Position Chief Executive Officer
Company Old Mutual
Off-market award of forfeitable shares in respect of the LTIP Deferred
Nature of transactions Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31
Vesting Date March 2029
Number of shares 1 230 794
Grant Price per share R12.11000
Value of Transaction R14,904,915.34
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Iain George Williamson
Position Chief Executive Officer
Company Old Mutual
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date 31 March 2028
Number of shares 397 504
Grant Price per share R12.11000
Value of Transaction R4,813,773.44
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Casparus Gerhardus Troskie
Position Chief Financial Officer
Company Old Mutual
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Number of shares 603 272
Grant Price per share R12.11000
Value of Transaction R7,305,623.92
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Casparus Gerhardus Troskie
Position Chief Financial Officer
Company Old Mutual
Director Casparus Gerhardus Troskie
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date 31 March 2028
Number of shares 254 076
Grant Price per share R12.11000
Value of Transaction R3,076,860.36
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Zureida Ebrahim
Position Chief Operating Officer
Company Old Mutual
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Date of Acceptance 02 April 2025
Number of shares 546 622
Grant Price per share R12.11000
Value of Transaction R6,619,592.42
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Zureida Ebrahim
Position Chief Operating Officer
Company Old Mutual
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Director Zureida Ebrahim
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Date of Acceptance 02 April 2025
Number of shares 374 397
Grant Price per share R12.11000
Value of Transaction R4,533,947.67
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
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Number of shares 584 388
Grant Price per share R12.11000
Value of Transaction R7,076,938.68
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
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date 31 March 2028
Number of shares 469 305
Director Tsakani Clarence Nethengwe
Grant Price per share R12.11000
Value of Transaction R5,683,283.55
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Kerrin Dale Land
Position Managing Director: Personal Finance
Company Old Mutual
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Number of shares 536 683
Grant Price per share R12.11000
Value of Transaction R6,499,231.13
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Kerrin Dale Land
Position Managing Director: Personal Finance
Company Old Mutual
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Acceptance 31 March 2025
Date of Award 02 April 2025
Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date 31 March 2028
Number of shares 218 025
Grant Price per share R12.11000
Value of Transaction R2,640,282.75
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Prabashini Moodley
Position Managing Director: Corporate
Company Old Mutual
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Number of shares 499 768
Grant Price per share R12.11000
Value of Transaction R6,052,190.48
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Prabashini Moodley
Position Managing Director: Corporate
Company Old Mutual
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date 31 March 2028
Number of shares 193 768
Grant Price per share R12.11000
Value of Transaction R2,346,530.48
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Zulfa Abdurahman
Position Acting Managing Director: Wealth and Investments
Company Old Mutual
Director Zulfa Abdurahman
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Number of shares 153 021
Grant Price per share R12.11000
Value of Transaction R1,853,084.31
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Clement Chinaka
Position Managing Director: Old Mutual Africa Regions
Company Old Mutual
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Number of shares 536 683
Grant Price per share R12.11000
Value of Transaction R6,499,231.13
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Clement Chinaka
Position Managing Director: Old Mutual Africa Regions
Company Old Mutual
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Director Clement Chinaka
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date 31 March 2028
Number of shares 299 606
Grant Price per share R12.11000
Value of Transaction R3,628,228.66
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Charles Nortje
Position Acting Managing Director: OM Insure
Company Old Mutual
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
31 March 2029
Number of shares 238 810
Grant Price per share R12.11000
Value of Transaction R2,891,989.10
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Charles Nortje
Position Acting Managing Director: Old Mutual Insure
Company Old Mutual
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date 31 March 2028
Director Charles Nortje
Number of shares 249 925
Grant Price per share R12.11000
Value of Transaction R3,026,591.75
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Elsabé Margaretha Kirsten
Position Company Secretary
Company Old Mutual
Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions Deferred Performance Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date 31 March 2029
Number of shares 41 229
Grant Price per share R12.11000
Value of Transaction R499,283.19
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF
Director Elsabé Margaretha Kirsten
Position Company Secretary
Company Old Mutual
Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions Deferred Bonus Award
Class of Securities Ordinary shares
Date of Award 31 March 2025
Date of Acceptance 02 April 2025
Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date 31 March 2028
Number of shares 72 211
Grant Price per share R12.11000
Value of Transaction R874,475.21
Nature of interest Direct beneficial
Director Elsabé Margaretha Kirsten
Clearance obtained Yes
Place of the transaction XOFF
Sandton
Sponsors
JSE Equity Sponsor: Tamela Holdings (Proprietary) Limited
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
Enquiries
Investor Relations
Langa Manqele M: +27 82 295 9840
Head of Investor Relations E: investorrelations@oldmutual.com
Communications
Wendy Tlou M: +27 82 906 5008
Chief Communications and E: oldmutualnews@oldmutual.com
Reputation Officer
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
10
Date: 04-04-2025 05:00:00
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