| Tue 19 Apr 2011, 12:00 | | 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 OR CONNECTED PERSONS IN ACCORDANCE WITH RULE 3.1.4R OF THE
DISCLOSURE AND TRANSPARENCY RULES
DEALING IN NEDBANK GROUP LIMITED 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 the transaction: 15 April 2011
Price per share: R138.51
Number of securities: 200,000
Total value: R27,702,080
Nature of transaction: Sale
Nature of trade: On market
Prior to the above sale and the sales effected on 13 and 14 April 2011 that
were referred to in the announcement published yesterday, 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. Following this transaction, the Aka-
Nedbank Eyethu Trust no longer holds any Nedbank Group Limited shares.
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
Ref 51/11
19 April 2011
Sponsor:
Merrill Lynch SA (Pty) Limited
Date: 19/04/2011 12:00:09 Produced by the JSE SENS Department.
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