| Fri 6 Aug 2010, 8:03 | | OML - Old Mutual Plc - Interim Dividend for the six months ended 30 June 2010 |
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OML
OLOML
OML - Old Mutual Plc - Interim Dividend for the six months ended 30 June 2010
(No. 20)
OLD MUTUAL plc
Issuer code: OLOML
JSE Share code: OML
NSX share code: OLM
ISIN: GB0007389926
("Old Mutual")
Interim Dividend for the six months ended 30 June 2010 (No. 20)
The Directors of Old Mutual plc have declared an interim dividend for the six
months ended 30 June 2010 of 1.1p per share, which will be paid on 30 November
2010.
Shareholders on the South African, Zimbabwe and Malawi branch registers and the
Namibian section of the principal register will be paid the local currency cash
equivalents of the dividend under dividend access trust arrangements established
in each country. Shareholders who hold their shares through Euroclear Sweden AB,
the Swedish nominee, will be paid the cash equivalent of the dividend in Swedish
Kronor (SEK). Local currency cash equivalents of the dividend for all five
territories will be determined by the Company using exchange rates prevailing at
the close of business on 30 September 2010 and will be announced by the Company
on 1 October 2010.
A scrip dividend alternative will be available for eligible shareholders who
wish to elect to receive new ordinary shares in the Company in lieu of cash in
respect of the interim dividend. The entitlement to receive the scrip dividend
alternative is personal and non-transferable. The dates by which elections to
participate in the scrip dividend alternative for the interim dividend must be
received for shares on the respective registers are set out in the table below.
Shareholders should note that they will not be able to trade their entitlement
to new ordinary shares issued pursuant to elections for the scrip dividend
alternative between 11 October 2010 and 29 November 2010, both dates inclusive.
The full terms of the scrip dividend alternative will be set out in a booklet
that will be sent, along with a mandate form, to eligible shareholders during
September. A copy of that booklet will also be available on the Company`s
website at www.oldmutual.com.
Share certificates for shareholders on the South African branch register may not
be dematerialised or rematerialised between 11 October 2010 and 15 October 2010,
both dates inclusive, and transfers between the registers may not take place
during that period.
The full timetable for the interim dividend is as follows:
Declaration date 6 August 2010
Scrip calculation price determined Last five dealing
days on each
exchange ending on
30 September 2010
Currency conversion date 30 September 2010
Exchange rates, scrip calculation price and ratio
announced 1 October 2010
Last day to trade cum dividend for shareholders on
the branch registers in South Africa, Malawi and
Zimbabwe and on the Namibian section of the 8 October 2010
principal register
Trading suspended between registers opening of
business on
11 October 2010
Ex-dividend date for shareholders on the branch
registers in South Africa, Malawi and Zimbabwe and 11 October 2010
on the Namibian section of the principal register
Last day to trade cum-dividend for shareholders on
the UK register 12 October 2010
Ex-dividend date for shareholders on the UK
register 13 October 2010
Scrip dividend alternative offer closes for
shareholders on the branch registers in South 12 noon on
Africa, Malawi and Zimbabwe and on the Namibian 15 October 2010
section of the principal register
Record date close of business
on 15 October 2010
Trading between registers recommences opening of
business on
18 October 2010
Scrip dividend alternative offer closes for 12 noon on
shareholders on the UK register 2 November 2010
Interim dividend payment date and new ordinary
shares issued under the scrip dividend alternative 30 November 2010
First day of dealings in new ordinary shares
issued in respect of the scrip dividend 30 November 2010
alternative
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 (Finsbury) UK +44 (0)20 7251 3801
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.
6 August 2010
Sponsor:
Merrill Lynch South Africa (Pty) Limited
Date: 06/08/2010 08:03:02 Produced by the JSE SENS Department.
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