OML - Old Mutual Plc - Share interests of a person
OML
OLOML
OML - Old Mutual Plc - Share interests of a person discharging managerial
responsibilities
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
Share interests of a person discharging managerial responsibilities (PDMR)
Old Mutual plc (the Company) announces the following changes in listed
subsidiary share interests of a PDMR
Exercise of an option by a PDMR
Following the release of Nedbank Group Limited`s results for the first
quarter on 9 May 2007, Mr T A Boardman, Chief Executive of Nedbank Group
Limited, exercised the following option under the Nedcor Group (1994)
Employee Incentive Scheme on 14 May 2007:
PDMR Date of Shares Exercise
exercise acquired price
T A Boardman 14 May 2007 75,000 R60.01
Mr Boardman sold 50,000 of the above shares at a price of R150.00 each
resulting in a pre-tax gain from the shares sold of R4,499,500.
The total number of Nedbank Group Limited shares held by Mr Boardman under
option under the Nedcor Group (1994) Employee Incentive Scheme and the
Nedbank Group (2005) Share Option, Matched Share and Restricted Share Scheme
is 593,965, of which 176,200 have vested. Mr Boardman now holds 50,098
Nedbank Group Limited Ordinary shares and 85,000 Nedbank Limited preference
shares.
For further information on Old Mutual plc, please visit the corporate
website at www.oldmutual.com
Enquiries
Investor Relations
Malcolm Bell UK +44 (0)20 7002 7166
Deward Serfontein SA +27 (0)21 509 8709
Media
James Crampton UK +44 (0)20 7002 7133
Nad Pillay SA +27 (0)21 504 8026
16 May 2007
Sponsor
Merrill Lynch
Date: 16/05/2007 15:30:05 Produced by the JSE SENS Department.
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