| Mon 1 Nov 2010, 12:45 | | 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
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES (PDMRs) 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 29
October 2010:
Original date of grant Shares under option Exercise Price
10 August 2004 80,000 R55.75
Mr Brown sold the shares at a price of R130.46 each and the total taxable gain
was R5,977,024.
The total number of Nedbank Group Limited shares held by Mr Brown under option
under the Nedbank Group (2005) Share Option, Matched Share and Restricted Share
Scheme is 70,000, all of which have vested. Mr Brown also holds 317,926
restricted shares, granted under the Nedbank Group (2005) Share Option, Matched
Share and Restricted Share Scheme and 63,883 Nedbank Group Limited shares, of
which 4,895 have been committed in respect of the compulsory bonus deferral
scheme and 28,557 have been committed in respect of the Matched Share Scheme.
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.
For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com
1 November 2010
Sponsor:
Merrill Lynch SA (Pty) Limited
Date: 01/11/2010 12:45:01 Produced by the JSE SENS Department.
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