Unbundling by Old Mutual of a portion of it shareholding in Nedbank Group Limited
Unbundling by Old Mutual of a portion of it shareholding in Nedbank Group Limited
OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED
Registration number 1999/004643/06
JSE alpha code: OLDM
(“OMLACSA”)
UNBUNDLING BY OLD MUTUAL LIMITED OF A PORTION OF ITS SHAREHOLDING IN
NEDBANK GROUP LIMITED
OMLACSA hereby notifies its debt investors that Old Mutual Limited (“Old
Mutual”) has released an announcement that it will, subject to obtaining all
requisite regulatory approvals, including Prudential Authority approval,
unbundle a portion of its shareholding in the issued ordinary share capital
of Nedbank Group Limited to the ordinary shareholders of Old Mutual (“the
Unbundling Announcement”).
Old Mutual is the guarantor of the OMLACSA OML11 and OML12 debt instruments.
The Unbundling Announcement is available on Old Mutual’s website at
https://www.oldmutual.com/investor-relations/debt-investors.
23 June 2021
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 23-06-2021 05:46:00
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