| Tue 11 May 2010, 16:11 | | OML / OLM - Old Mutual Plc - Notification Of Transactions Of directors |
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OML
OLOML
OML / OLM - 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 45/10
11 May 2010
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
EXERCISE OF AN OPTION BY A PDMR
Mr M W T Brown, Chief Executive of Nedbank Group Limited, exercised the
following option under the Nedcor Group (1994) Employee Incentive Scheme on 10
May 2010:
Original date of grant Shares under option Exercise Price
11 May 2004 20,000 R60.01
Mr Brown sold the shares at a price of R132.6236 each and the total taxable gain
was R1,452,272.
The total number of Nedbank Group Limited shares held by Mr Brown under option
under the Nedcor Group (1994) Employee Incentive Scheme and the Nedbank Group
(2005) Share Option, Matched Share and Restricted Share Scheme is 170,000, all
of which have vested.
For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com
Enquiries
External
Communications
Patrick Bowes UK +44 (0)20 7002 7440
Investor Relations
Deward Serfontein SA +27 (0)82 810 5672
Aleida White UK +44 (0)20 7002 7287
Media
Don Hunter UK +44 (0)20 7251 3801
(Finsbury)
Sponsor
Merrill Lynch South Africa (Pty) Limited
Notes to Editors
Old Mutual
Old Mutual plc is an international long-term savings, protection and investment
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 2009, the Group reported adjusted operating profit
before tax of GBP1.2 billion (on an IFRS basis) and had GBP285 billion of funds
under management at the year end. The Group has approximately 54,000 employees.
Date: 11/05/2010 16:11:05 Produced by the JSE SENS Department.
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