| Fri 5 Aug 2011, 8:03 | | OML - Old Mutual Plc - Interim Dividend for the six months ended 30 June 2011 |
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OML
OLOML
OML - Old Mutual Plc - Interim Dividend for the six months ended 30 June 2011
(No. 22) and scrip dividend alternative
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
OLD MUTUAL PLC
Interim Dividend for the six months ended 30 June 2011 (No. 22)
and scrip dividend alternative
The Directors of Old Mutual plc have declared an interim dividend for the six
months ended 30 June 2011 of 1.5p per share, which will be paid on 30 November
2011.
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. 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 29 September 2011 and will be announced by the Company on 30
September 2011.
A scrip dividend alternative will again be available for eligible shareholders
who wish to elect to receive new ordinary shares in the Company ("New Ordinary
Shares") in lieu of cash in respect of the interim dividend. The entitlement to
receive the scrip dividend alternative is personal and non-transferable.
Shareholders who have previously joined the scrip dividend scheme on an
evergreen basis and wish to continue to participate in the scheme need take no
action. The dates by which elections to participate in the scrip dividend
alternative for the interim dividend must be received from shareholders who have
not already made an evergreen election to participate in the scheme are set out
in the table below.
Shareholders on the South African register whose shareholdings have been
dematerialised or immobilised in the context of Strate through a CSDP or broker
should contact their CSDP or broker to ascertain how they can elect to
participate and the time deadline for the CSDP or broker to process their
election in order for it to be submitted to the registrar by 12 noon on 14
October 2011.
Shareholders should note that they will not be able to trade their entitlement
to New Ordinary Shares between 10 October 2011 and 29 November 2011 inclusive.
The full terms of the scrip dividend scheme are contained in a booklet which is
available (along with related mandate forms) on the Company`s website at
www.oldmutual.com or from the Company`s registrars.
Share certificates for shareholders on the South African register may not be
dematerialised or rematerialised between 10 October 2011 and 14 October 2011,
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 5 August 2011
Scrip calculation price determined
Last five dealing days on each exchange ending on 29 September 2011
Currency conversion date 29 September 2011
Exchange rates, scrip calculation price
and scrip ratio announced 30 September 2011
Last day to trade cum dividend for shareholders
on the branch register in Malawi 5 October 2011
Ex-dividend date for shareholders on the
branch register in Malawi 6 October 2011
Last day to trade cum dividend for shareholders
on the branch registers in South Africa and Zimbabwe
and on the Namibian section of the principal register 7 October 2011
Trading suspended between registers opening of
business on 10 October 2011
Ex-dividend date for shareholders on the branch
registers in South Africa and Zimbabwe and on the
Namibian section of the principal register 10 October 2011
Last day to trade cum dividend for shareholders
on the UK register 11 October 2011
Ex-dividend date for shareholders on the UK register 12 October 2011
Scrip dividend alternative offer closes for
shareholders on the branch registers in South Africa,
Malawi and Zimbabwe and on the Namibian section
of the principal register 12 noon on 14 October 2011
Record date close of business on 14 October 2011
Trading between registers recommences
opening of business on 17 October 2011
Scrip dividend alternative offer closes for
shareholders on the UK register 12 noon on 1 November 2011
Interim dividend payment date -
New Ordinary Shares issued 30 November 2011
First day of dealings in New Ordinary Shares
issued in respect of the interim dividend 30 November 2011
Enquiries
External Communications
Patrick Bowes +44 (0)20 7002 7440
Investor Relations
Aleida White +44 (0)20 7002 7287
Media
William Baldwin-Charles +44 (0)20 7002 7133
Ref 76/11
5 August 2011
Sponsor:
Merrill Lynch South Africa (Pty) Limited
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
Date: 05/08/2011 08:03:38 Produced by the JSE SENS Department.
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