| Fri 9 Mar 2012, 16:15 | | 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 grant of restricted
shares to a PDMR
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
Ref 20/12
9 March 2012
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS GRANT OF RESTRICTED SHARES TO A PDMR
The following restricted share awards were granted to Mr M W T Brown, Chief
Executive of Nedbank Group Limited and a member of the Group Executive Committee
of Old Mutual plc, on 7 and 8 March 2012, under the terms of the Nedbank Group
(2005) Share Option, Matched Share and Restricted Share Scheme:
Grant Type of shares Vesting Number of Value
Date Criteria Restricted
shares
granted
7 March Nedbank Group Performance- 32,431 R5,249,930.28
2012 ordinary shares based
8 March Nedbank Group Time-based 32,431 R5,249,930.28
2012 ordinary shares
The restricted shares were granted at the volume weighted average price
(R161.88) for the three trading days ending 2 March 2012 at no cost to Mr Brown
and vesting of these shares, which is due to occur on 8 and 9 March 2015, is
subject to time-based and performance-based vesting criteria as indicated above.
Mr Brown now holds 272,062 restricted shares, granted under the Nedbank Group
(2005) share option, matched share and restricted share scheme and 151,293
Nedbank Group Limited Ordinary shares, of which 15,479 shares have been
committed in respect of the compulsory bonus deferral scheme and 19,635 shares
have been committed in respect of the Matched Share Scheme.
Enquiries
External Communications / Investor Relations
Patrick Bowes +44 (0)20 7002 7440
Kelly de Kock +27 (0)21 509 8709
Media
William Baldwin- +44 (0)20 7002 7133
Charles
Notes to Editors
Old Mutual
Old Mutual 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 is listed on the
London and Johannesburg Stock Exchanges, among others, since 1999.
In the year ended 31 December 2011, the Group reported adjusted operating profit
before tax of GBP1.5 billion (on an IFRS basis) and had GBP267 billion of funds
under management from core operations.
For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com
9 March 2012
Sponsor:
Merrill Lynch South Africa (Pty) Limited
Date: 09/03/2012 16:15:01 Produced by the JSE SENS Department.
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