| Mon 18 Apr 2011, 15:30 | | OML - Old Mutual Plc - Notification of transactions of directors persons |
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OML
OLOML
OML - Old Mutual Plc - Notification of transactions of directors, persons
discharging managerial responsibility or connected persons
OLD MUTUAL plc
Issuer code: OLOML
JSE Share code: OML
NSX share code: OLM
ISIN: GB0007389926
Ref 49/11
18 April 2011
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
DEALING IN NEDBANK GROUP ORDINARY SHARES BY AKA-NEDBANK EYETHU TRUST
The following information is disclosed in respect of the dealing in Nedbank
Group Limited ordinary shares by the Aka-Nedbank Eyethu Trust, of which Aka
Capital (Pty) Limited is the sole beneficiary. Dr Khoza, non-executive director
of Old Mutual plc and non-executive Chairman of Nedbank Group Limited, has an
indirect beneficial interest in the Aka-Nedbank Eyethu Trust as he is a director
and 27% shareholder of Aka Capital (Pty) Limited:
Name: Aka-Nedbank Eyethu Trust
Date of transaction: 13 April 2011
Price per share: R143.54
Number of securities: 150 000
Total value: R21,531,555.00
Nature of transaction: Sale
Nature of trade: On market
Name: Aka-Nedbank Eyethu Trust
Date of transaction: 14 April 2011
Price per share: R141.29
Number of securities: 459,562
Total value: R64,931,836.67
Nature of transaction: Sale
Nature of trade: On market
Prior to these transactions, the Aka-Nedbank Eyethu Trust held 0.4% of the
issued ordinary shares in Nedbank Group Limited in terms of the Eyethu BEE
transaction approved by Nedbank shareholders at the Nedbank general meeting on
22 July 2005.
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 to more than 15 million
customers in Europe, the Americas, Africa and Asia. Old Mutual plc is listed on
the London Stock Exchange and the Johannesburg Stock Exchange, among others.
In the year ended 31 December 2010, the Group reported adjusted operating profit
before tax of GBP1.5 billion (on an IFRS basis) and had GBP309 billion of funds
under management, from core operations.
For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com
Sponsor:
Merrill Lynch South Africa (Pty) Limited
Date: 18/04/2011 15:30:02 Produced by the JSE SENS Department.
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