Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Tue 24 May 2016, 8:20 OLD MUTUAL PLC - Response to Media Speculation
OML 201605240007A
Response to Media Speculation

       OLD MUTUAL PLC
       ISIN CODE: GB00B77J0862
       JSE SHARE CODE: OML
       NSX SHARE CODE: OLM
       ISSUER CODE: OLOMOL
       Old Mutual plc
       Ref 338/16

       24 May 2016

       RESPONSE TO MEDIA SPECULATION

       In response to media speculation, Old Mutual plc (?Old Mutual?) can confirm that it is continuing to
       assess the options available to it with regard to the preferred route to effect the managed separation
       announced on 11 March 2016. We will update the market as and when appropriate. As a
       consequence of the decision to proceed with the managed separation of Old Mutual, we expect to
       receive interest in our assets periodically.

       With regard to OM Asset Management plc (?OMAM?), Old Mutual confirms that it has received
       approaches from third parties to acquire its stake in OMAM. There can be no certainty that these
       approaches will lead to any transaction or any certainty as to the terms on which any such transaction
       might proceed. Further statements will be made if and when appropriate.

       Enquiries
       External communications
       Patrick Bowes                          UK    +44 20 7002 7440
       Investor relations
       Dominic Lagan                          UK    +44 20 7002 7190
       Sizwe Ndlovu                           SA    +27 11 217 1163

       Media
       William Baldwin-Charles                      +44 20 7002 7133
                                                    +44 7834 524833


       Notes to Editors
       Old Mutual provides investment, savings, insurance and banking services to 18.9 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 2015, the Group reported adjusted operating profit before tax of #1.7 billion and
       had #304 billion of funds under management from core operations (excluding Rogge).
       For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com

       Sponsor
       Merrill Lynch South Africa (Pty) Ltd
Date: 24/05/2016 08:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: