Old Mutual plc
Applications for listing and trading of additional shares
Applications have today been made to the UK Listing Authority for the
listing, and to the London Stock Exchange for admission to trading, (in each
case, on a "when issued" basis) of an estimated 136,000,000 Ordinary Shares
of 10p each in Old Mutual plc (the "Company"), which are to be issued
credited as fully paid upon completion of the acquisition by the Company of
Fidelity and Guaranty Life Insurance Company from the St Paul Group.
Completion of that acquisition, which was originally announced by the
Company on 26 April 2001, remains conditional upon regulatory clearances.
These new shares, when issued, will rank pari passu with the Company's
existing Ordinary Shares in issue.
Applications are also being made for these shares to be admitted, when
issued, to listing on each of the four African stock exchanges where the
Company's shares are listed (namely the JSE Securities Exchange South
Africa, the Malawi Stock Exchange, the Namibian Stock Exchange and the
Zimbabwe Stock Exchange).
26 June 2001
Enquiries:
Old Mutual plc +44 (0) 20 7569 0109
Martin Murray, Group Company Secretary
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