|
OML
OLOML
NSX - OML - Share Interests Of A Person Discharging Managerial
Responsibilities (PDMR)
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
Share interests of a person discharging managerial responsibilities (PDMR)
Old Mutual plc (the Company) announces the following changes in share
interests of a PDMR
Exercise of an option by a PDMR
Mr T A Boardman, Chief Executive of Nedbank Group Limited exercised the
following option under the Nedcor Group (1994) Employee Incentive Scheme on
16 March 2007 and sold all of the shares as follows:
PDMR Date of Shares Exercise Sale Gain made Total gain
exercise exercised Price Price per share
T A 16 March 07 26,292 R60.00 R130.13 R70.13 R1,843,857
Boardman
The total number of Nedbank Group Limited shares held by Mr Boardman under
option under the Nedcor Group (1994) Employee Incentive Scheme and the
Nedbank Group (2005) Share Option, Matched Share and Restricted Share Scheme
is 668,965, of which 126,200 have vested. Mr Boardman also holds 25,098
Nedbank Group Limited Ordinary shares and 85,000 Nedbank Limited preference
shares.
Notes to Editors
Old Mutual
Old Mutual plc is an international savings and wealth management company
based in the UK. Originating in South Africa in 1845, the group has a
balanced portfolio of businesses offering asset management, life assurance,
banking and general insurance services in over 40 countries, primarily South
Africa, Europe and the United States. Old Mutual is listed on the London,
Johannesburg and Stockholm stock exchanges, among others.
By conducting its business worldwide under its core values of integrity,
respect and accountability, Old Mutual aspires to push beyond boundaries to
drive value for all its stakeholders.
In the year ended 31 December 2006, the group reported an increase in
adjusted operating profit of 16% to GBP1.4 billion (IFRS basis). Old Mutual
had GBP239 billion of funds under management at 31 December 2006, and 53,000
employees.
For further information on Old Mutual plc, please visit the corporate
website at www.oldmutual.com
Enquiries
Investor Relations
Malcolm Bell UK +44 (0)20 7002 7166
Deward Serfontein SA +27 (0)21 509 8709
Media
James Crampton UK +44 (0)20 7002 7133
Nad Pillay SA + 27 (0)21 504 8026
23 March 2007
Sponsor: Merrill Lynch SA (Pty) Ltd
Date: 23/03/2007 12:30:01 Produced by the JSE SENS Department.
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