| Wed 2 Mar 2011, 17:15 | | OML - Old Mutual plc - Notification of Transactions |
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OML
OLOML
OML - Old Mutual plc - Notification of Transactions
OLD MUTUAL plc
Issuer code: OLOML
JSE Share code: OML
NSX share code: OLM
ISIN: GB0007389926
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 Nedbank Group (2005) Share Option, Matched Share
and Restricted Share Scheme on 28 February 2011:
Original date of grant Shares under option Exercise Price
28 February 2006 70,000 R110.98
Mr Brown sold the shares at a price of R126.563 each and the total taxable
gain was R1,090,810.
Mr Brown currently 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 Ordinary shares, of which 4,895 shares have been
committed in respect of the compulsory bonus deferral scheme and 28,557 shares
have been committed in respect of the Matched Share Scheme.
Enquiries
External Communications
Patrick Bowes +44 (0)20 7002 7440
Investor Relations
Deward Serfontein SA +27 (0)82 810 5672
Aleida White UK +44 (0)20 7002 7287
Media
William Baldwin-Charles +44 (0)20 7002 7133
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
2 March 2011
Sponsor:
Merrill Lynch South Africa(Pty) Limited
Date: 02/03/2011 17:15:02 Produced by the JSE SENS Department.
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