| Thu 5 Mar 2009, 17:15 | | OML - Old Mutual Plc - Notification Of Transactions Of Directors |
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OML
OLOML
OML - Old Mutual Plc - Notification Of Transactions Of Directors
OLD MUTUAL plc
Issuer code: OLOML
JSE Share code: OML
NSX share code: OLM
ISIN: GB0007389926
Ref 05/09
5 March 2009
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES OR CONNECTED PERSONS IN ACCORDANCE WITH RULE 3.1.4R OF THE
DISCLOSURE AND TRANSPARENCY RULES
GRANT OF RESTRICTED SHARES TO A PDMR
The following restricted share award was granted to Mr T Boardman, Chief
Executive of Nedbank Group Limited and a member of the Executive Committee of
Old Mutual plc, on 3 March 2009 under the terms of the Nedbank Group (2005)
Share Option, Matched Share and Restricted Share Scheme:
PDMR Type of shares Number of Value
Restricted
shares granted
T A Nedbank Group 99,340 R7,524,012
Boardman ordinary
shares
The restricted shares were granted at the volume weighted average price (R75.74)
for the three days 26 and 27 February 2009 and 2 March 2009 at no cost to Mr
Boardman and vesting of these shares, which is due to occur on 4 March 2012, is
subject to time-based and performance-based vesting criteria.
The total number of restricted shares held by Mr Boardman under the Nedbank
Group (2005) Share Option, Matched Share and Restricted Share Scheme is 159,507.
For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com
Enquiries
Investor
Relations
Aleida White UK +44 (0)20 7002
7287
Deward Serfontein SA +27 (0)82 810 5672
Media
Matthew UK / SA +44 (0)20 7002
Gregorowski 7133
Brian Cattell UK +44 (0)20 7251
(Finsbury) 3801
Notes to Editors
Old Mutual
Old Mutual plc is an international savings and wealth management company based
in the UK. Originating in South Africa in 1845, the group has a portfolio of
businesses offering life assurance, asset management, banking and general
insurance services in over 40 countries in Europe, the Americas, Africa and
Asia. Old Mutual plc is listed on the London Stock Exchange and the JSE, among
others.
In the year ended 31 December 2008, the group reported adjusted operating profit
of GBP1.0 billion (on an IFRS basis) and had GBP265 billion of funds under
management at the year end. The Company has approximately 55,000 employees.
Forward-looking statements
This announcement or presentation may contain certain forward-looking statements
with respect to certain of Old Mutual plc`s plans and its current goals and
expectations relating to its future financial condition, performance and
results. By their nature, all forward-looking statements involve risk and
uncertainty because they relate to future events and circumstances that are
beyond Old Mutual plc`s control, including, among other things, UK domestic and
global economic and business conditions, market-related risks such as
fluctuations in interest rates and exchange rates, policies and actions of
regulatory authorities, the impact of competition, inflation, deflation, the
timing and impact of other uncertainties or of future acquisitions or
combinations within relevant industries, as well as the impact of tax and other
legislation and other regulations in territories where Old Mutual plc or its
affiliates operate.
As a result, Old Mutual plc`s actual future financial condition, performance and
results may differ materially from the plans, goals and expectations set forth
in Old Mutual plc`s forward-looking statements. Old Mutual plc undertakes no
obligation to update any forward-looking statements contained in this
announcement or presentation or any other forward-looking statements that it may
make.
5 March 2009
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 05/03/2009 17:15:03 Produced by the JSE SENS Department.
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