Old Mutual Plc - Nedbank Limited offer for subscri
Old Mutual Plc - Nedbank Limited offer for subscription
Old Mutual Plc
ISIN CODE: GB0007389926
SHARE CODE: OML
ISSUER CODE: OLOML
Nedbank Limited
Offer for subscription
Old Mutual plc draws attention to the abridged pre-listing statement issued
today by Nedbank Limited ("Nedbank"), a subsidiary of Nedcor Limited, the South
African banking group in which Old Mutual has a 53.2% holding, detailing an
offer for subscription of 100 000 000 non-redeemable non-cumulative preference
shares in order to increase its primary capital.
The full text of the Nedbank announcement is available on the JSE Securities
Exchange News Service (SENS) and also on Old Mutual`s website,www.oldmutual.com.
A paper copy of the full Nedbank announcement is available from Investor
Relations, Old Mutual plc, 3rd Floor, 57 Berkeley Square, London W1J 6ER.
27 November 2002
ENQUIRIES:
Old Mutual plc
James Poole (UK)
Tel: +44 (0) 20 7569 0100
Nad Pillay (SA)
Tel: +27 (0) 21 504 8026
Tel: +27 (0) 82 553 7980
Sponsor: Merrill Lynch, South Africa
Date: 27/11/2002 09:58:00 AM Produced by the JSE SENS Department
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