| Tue 11 Aug 2009, 16:05 | | OML - Old Mutual Plc - Notification Of Transactions Of Directors Persons |
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OML
OLOML
OML - Old Mutual Plc - Notification Of Transactions Of Directors, Persons
Discharging Managerial Responsibilities Or Connected Persons
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
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 IN NEDBANK GROUP LIMITED TO A PDMR
The following restricted share award was granted to Mr T A Boardman, Chief
Executive of Nedbank Group Limited and a member of the Group Executive
Committee of Old Mutual plc, on 11 August 2009 under the terms of the Nedbank
Group (2005) Share Option, Matched Share and Restricted Share Scheme:
PDMR Type of shares Number of restricted Value
shares granted
T A Boardman Nedbank Group 92,208 R9,999,957.60
ordinary shares
The restricted shares were granted at the volume-weighted average price of
R108.45 for the three trading days prior to issue, namely 5 to 7 August 2009,
at no cost to Mr Boardman. Vesting of these shares, which is due to occur on
12 August 2012, is subject to time-based criteria and is also conditional upon
Mr Boardman not engaging with competing financial institutions between his
scheduled retirement as Chief Executive of Nedbank in February 2010 and the
vesting date of these shares.
The total number of restricted shares held by Mr Boardman under the Nedbank
Group (2005) Share Option, Matched Share and Restricted Share Scheme following
this award is 251,715.
For further information on Old Mutual plc, please visit the corporate website
at www.oldmutual.com
Enquiries
Investor Relations
Patrick Bowes UK +44 (0)20 7002 7440
Deward Serfontein SA +27 (0)82 810 5672
Media
Matthew Gregorowski UK / SA +44 (0)20 7002 7133
+44 (0)7748 183 834
Don Hunter UK +44 (0)20 7251 3801
(Finsbury)
Notes to Editors
Old Mutual
Old Mutual plc is a leading international long-term savings Group.
Originating in South Africa in 1845, the Group provides life assurance, asset
management, banking and general insurance 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 Group has approximately 57,000
employees.
11 August 2009
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 11/08/2009 16:05:01 Produced by the JSE SENS Department.
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