| Fri 30 Oct 2009, 12:05 | | OML - Old Mutual Plc - Timetable For Proposed Acquisition Of The Remaining |
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OML
OLOML
OML - Old Mutual Plc - Timetable For Proposed Acquisition Of The Remaining
Minority Shareholding In Mutual & Federal
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
TIMETABLE FOR PROPOSED ACQUISITION OF THE REMAINING MINORITY SHAREHOLDING IN
MUTUAL & FEDERAL
Further to today`s announcement by Mutual & Federal Insurance Company Limited
("Mutual & Federal"), Old Mutual plc ("Old Mutual") sets out below some selected
salient dates and times in relation to Old Mutual`s offer to acquire those
Mutual & Federal shares not currently beneficially owned by Old Mutual and/or
its subsidiaries.
Old Mutual continues to progress the proposed acquisition and is working with
Mutual & Federal management on all aspects of the transaction.
The full announcement made today by Mutual & Federal is available on the Mutual
& Federal website at www.mf.co.za
Selected Salient Dates and Times for Mutual & Federal Shareholders:
2009
Last day to trade Mutual & Federal shares on the Wednesday, 11 November
JSE and NSX in order to be recorded in the share
register on the voting record date in order to be
eligible to vote at the General Meeting and Scheme
meeting (see note 1 below) on
Last day to lodge forms of proxy for the General Thursday, 19 November
Meeting by 08h30 and Scheme meeting by 09h00 on
General Meeting to be held at 08h30 on Monday, 23 November
Scheme meeting to be held at 09h00 or 10 (ten) Monday, 23 November
minutes after adjournment of the General Meeting
which precedes the Scheme meeting, whichever is
later, on
Results of the Court hearing released on SENS on Tuesday, 1 December
Date that trading in the Scheme consideration Monday, 7 December
shares commences
Operative date of the Scheme, from the commencement Monday, 14 December
of business on
Termination of listing of Mutual & Federal shares Monday, 14 December
from the JSE and NSX on
Notes:
1. All times indicated above are South African times.
2. Any change to the above dates and times will be agreed upon by Old
Mutual and Mutual & Federal and advised to Mutual & Federal
shareholders by notification on SENS and in the press.
For further information on Old Mutual, please visit the corporate website at
www.oldmutual.com
Enquiries
Old Mutual plc Investor Relations
Patrick Bowes UK +44 (0) 20 7002
7440
Deward Serfontein SA +27 (0) 82 810
5672
Old Mutual plc Media
Matthew UK / SA +44 (0) 20 7002
Gregorowski 7133
+44 (0) 7748 183
834
Don Hunter UK +44 (0) 20 7251
(Finsbury) 3801
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.
Date: 30/10/2009 12:05:02 Produced by the JSE SENS Department.
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