Enhanced Investments - Financial Portal

Old Mutual Share Repurchase Programme

Published: 2023-10-26 18:30:28 ET

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
LSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “Company” or “Group”)


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26 October 2023


OLD MUTUAL SHARE REPURCHASE PROGRAMME


Shareholders are referred to Old Mutual’s SENS announcement dated 30 May 2023, wherein the company
announced that it will commence with a Share Repurchase Programme.


Old Mutual wishes to confirm that this Share Repurchase Programme was concluded on 16 October 2023,
during which time 122,974,063 Old Mutual shares were repurchased. As at today’s date the issued share
capital of the company is 4,790,906,428.


The Share Repurchase Programme was designed with the intention to efficiently unlock long-term
incremental value for shareholders. It remained within the percentage (3.5% of issued share capital)
approved by shareholders at the Annual General Meeting in May 2023 as well as the value (R1.5 billion) as
communicated to shareholders in our SENS announcement dated 14 March 2023.


This announcement is also available on the Old Mutual website at www.oldmutual.com.


Sandton


Sponsors
 JSE                               Merrill Lynch South Africa (Proprietary) Limited t/a BofA Securities
 Malawi                            Stockbrokers Malawi Limited
 Namibia                           PSG Wealth Management (Namibia) (Proprietary) Limited
 Zimbabwe                          Imara Capital Zimbabwe plc

Enquiries
 Investor Relations:
 Langa Manqele                     M: +27 (0)82 295 9840
                                   E: investorrelations@oldmutual.com
 Communications:
 Tabby Tsengiwe                    M: +27 (0)60 547 4947
                                   E: oldmutualnews@oldmutual.com

Notes to Editors


About Old Mutual Limited
Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to
retail and corporate customers across key market segments in 14 countries. Old Mutual’s primary operations
are in Africa, and it has a niche business in China. With over 178 years of heritage across sub-Saharan Africa,
Old Mutual is a crucial part of the communities it serves as well as broader society on the continent. For further
information on Old Mutual Limited and its underlying businesses, please visit the corporate website
at www.oldmutual.com.

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329 South Oyster Bay Road #2085
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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.