| Fri 11 Apr 2014, 13:20 | | OLD MUTUAL PLC - Final Dividend for the year ended 31 December 2013 (No. 27): Currency Conversions |
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OML 201404110021A
Final Dividend for the year ended 31 December 2013 (No. 27): Currency Conversions
Old Mutual plc
ISIN CODE: GB00B77J0862
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSURE CODE: OLOML
Old Mutual plc
Ref 34/14
11 April 2014
OLD MUTUAL PLC
Final Dividend for the year ended 31 December 2013 (No. 27): Currency Conversions
In its preliminary results announcement for the year ended 31 December 2013 published on 28
February 2014, Old Mutual plc (the “Company”) announced a recommended final dividend of 6.0p per
share (the “Final Dividend”) or its equivalent in other currencies of payment using exchange rates
prevailing on 10 April 2014. The Company also announced that, subject to approval of the dividend at
the Company’s Annual General Meeting on 15 May 2014 (the “AGM”), shareholders on the South
African, Zimbabwe and Malawi branch registers and the Namibian section of the principal register
would be paid the local currency cash equivalents of the dividend under dividend access trust (or, in
South Africa, dividend access company) arrangements established in each country and those
shareholders who hold their shares through Euroclear Sweden AB, the Swedish central securities
depository, would be paid the equivalent of the dividend in Swedish kronor. In the case of Zimbabwe,
the local currency equivalent would be denominated in US dollars. The remainder of this
announcement assumes that the Final Dividend will be duly approved by shareholders at the AGM.
The currency equivalents of the Final Dividend have now been established and are as follows:
South Africa 104.86920 South African cents per share
Malawi 40.07 Malawi kwacha per share
Namibia 104.86920 Namibian cents per share
Zimbabwe 10.07 US cents per share
Sweden 0.66 Swedish kronor per share
These currency equivalents have been calculated using the following exchange rates:
South Africa 17.4782 Rand/£
Malawi 667.8349 Malawi kwacha/£
Namibia 17.4782 Namibian dollars/£
Zimbabwe 1.6782 US dollars/£
Sweden 10.9546 Swedish kronor/£
Dividend Tax will be withheld from the amount of the gross dividend of 104.86920 South African cents
per share paid to South African shareholders at the rate of 15% unless a shareholder qualifies for
exemption. After the Dividend Tax has been withheld, the net dividend will be 89.13882 South African
cents per share. The Company had a total of 4,897,419,072 shares in issue at the date on which the
dividend was announced, 28 February 2014. In South Africa, in respect of the Company’s dividend
access share arrangements, the dividend will be distributed by Old Mutual Dividend Access Company
(Pty) Limited, a South African company with tax registration number 9460/144/14/1. No Secondary
Tax on Companies (STC) credits will be used for the payment of the dividend.
The record date for this dividend payment is the close of business on 25 April 2014 for all the
exchanges where the Company’s shares are listed. The last day to trade cum-dividend will be 14
April 2014 on the Malawi Stock Exchange, 16 April 2014 on the JSE and on the Namibian and
Zimbabwe Stock Exchanges and 22 April 2014 for the London Stock Exchange. The shares will trade
ex-dividend from the opening of business on 15 April 2014 on the Malawi Stock Exchange, from the
opening of business on 17 April 2014 on the JSE and the Namibian and Zimbabwe Stock Exchanges
and from the opening of business on 23 April 2014 on the London Stock Exchange.
Share certificates may not be dematerialised or rematerialised on the South African branch register
between 17 and 25 April 2014, both dates inclusive. Transfers between the registers may not take
place between 17 April 2014 and 25 April 2014, both dates inclusive, for registers excluding South
Africa and between 17 April 2014 and 28 April 2014, both dates inclusive, in respect of the South
African register.
Enquiries
External communications
Patrick Bowes UK +44 20 7002 7440
Investor relations
Dominic Lagan UK +44 20 7002 7190
Kelly de Kock SA +27 21 509 8709
Media
William Baldwin-Charles +44 20 7002 7133
+44 7834 524833
Notes to Editors
Old Mutual provides life assurance, asset management, banking and general insurance to more than 16 million
customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been
listed on the London and Johannesburg Stock Exchanges, among others, since 1999.
In the year ended 31 December 2013, the Group reported adjusted operating profit before tax of £1.6 billion (on
an IFRS basis) and had £294 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) Ltd
Joint Sponsor:
Nedbank Capital
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