Enhanced Investments - Financial Portal

Dealings in securities by directors, company secretary and prescribed officers of Old Mutual

Published: 2024-04-12 17:00:41 ET

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
LEI: 213800MON84ZWWPQCN47
JSE Alpha Code: OMLI


("Old Mutual" or “Company” or “Group”)


Ref: 44/24


12 April 2024


DEALINGS IN SECURITIES BY DIRECTORS, COMPANY SECRETARY AND PRESCRIBED OFFICERS OF
OLD MUTUAL


In accordance with paragraph 6.42 of the Debt Listings Requirements, debtholders are advised that
the following directors, company secretary and prescribed officers of the Company have been awarded
and accepted forfeitable shares in terms of the Company’s Employee Share Ownership Plan (ESOP)
and Long-Term Incentive Plan (LTIP) Rules:


 Director                        Iain George Williamson
 Position                        Chief Executive Officer
 Company                         Old Mutual
 Nature of transactions          Off-market award of forfeitable shares in respect of the LTIP Deferred
                                 Performance Award
 Class of Securities             Ordinary shares
 Date of Award                   08 April 2024
 Vesting Date                    Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                                 April 2028.
 Number of shares                1 207 825
 Grant Price per share           R11.24000
 Value of Transaction            R13,575,953.00
 Nature of interest              Direct beneficial
 Clearance obtained              Yes
 Place of the transaction        XOFF


 Director                        Iain George Williamson
 Position                        Chief Executive Officer
 Company                         Old Mutual
 Nature of transactions          Off-market award of forfeitable shares in respect of the ESOP
                                 Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                           April 2027.
Number of shares           469 983
Grant Price per share      R11.24000
Value of Transaction       R5,282,608.92
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Casparus Gerhardus Troskie
Position                   Chief Financial Officer
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           592 014
Grant Price per share      R11.24000
Value of Transaction       R6,654,237.36
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Casparus Gerhardus Troskie
Position                   Chief Financial Officer
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the ESOP
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                           April 2027.
Number of shares           276 193
Grant Price per share      R11.24000
Value of Transaction       R3,104,409.32
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Zureida Ebrahim
Position                   Chief Operating Officer
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           536 421
Grant Price per share      R11.24000
Value of Transaction       R6,029,372.04
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Zureida Ebrahim
Position                   Chief Operating Officer
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the ESOP
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                           April 2027.
Number of shares           235 478
Grant Price per share      R11.24000
Value of Transaction       R2,646,772.72
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Tsakani Clarence Nethengwe
Position                   Managing Director: Mass Foundation Cluster
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           546 174
Grant Price per share      R11.24000
Value of Transaction       R6,138,995.76
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Tsakani Clarence Nethengwe
Position                   Managing Director: Mass Foundation Cluster
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the ESOP
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                           April 2027.
Number of shares           270 703
Grant Price per share      R11.24000
Value of Transaction       R3,042,701.72
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Kerrin Land
Position                   Managing Director: Personal Finance
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           526 668
Grant Price per share      R11.24000
Value of Transaction       R5,919,748.32
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Kerrin Land
Position                   Managing Director: Personal Finance
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the ESOP
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                           April 2027.
Number of shares           235 504
Grant Price per share      R11.24000
Value of Transaction       R2,647,064.96
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Gcinikhaya Loyiso Gobodo
Position                   Managing Director: Wealth and Investments
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           309 563
Grant Price per share      R11.24000
Value of Transaction       R3,479,488.12
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Prabashini Moodley
Position                   Managing Director: Corporate
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           468 149
Grant Price per share      R11.24000
Value of Transaction       R5,261,994.76
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Prabashini Moodley
Position                   Managing Director: Corporate
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the ESOP
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                           April 2027.
Number of shares           260 677
Grant Price per share      R11.24000
Value of Transaction       R2,930,009.48
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Garth Napier
Position                   Managing Director: Old Mutual Insure
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           309 563
Grant Price per share      R11.24000
Value of Transaction       R3,479,488.12
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Garth Napier
Position                   Managing Director: Old Mutual Insure
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the ESOP
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                           April 2027.
Number of shares           221 245
Grant Price per share      R11.24000
Value of Transaction       R2,486,793.80
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Clement Chinaka
Position                   Managing Director: Old Mutual Africa Regions
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           526 668
Grant Price per share      R11.24000
Value of Transaction       R5,919,748.32
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Clement Chinaka
Position                   Managing Director: Old Mutual Africa Regions
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the ESOP
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                           April 2027.
Number of shares           270 347
Grant Price per share      R11.24000
Value of Transaction       R3,038,700.28
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Elsabé Margaretha Kirsten
Position                   Company Secretary
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the LTIP Deferred
                           Performance Award
Class of Securities        Ordinary shares
Date of Award              08 April 2024
Vesting Date               Award vests in equal tranches on 08 April 2026, 08 April 2027 and 08
                           April 2028.
Number of shares           40 078
Grant Price per share      R11.24000
Value of Transaction       R450,476.72
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Elsabé Margaretha Kirsten
Position                   Company Secretary
Company                    Old Mutual
Nature of transactions     Off-market award of forfeitable shares in respect of the ESOP
                           Deferred Bonus Award
 Class of Securities              Ordinary shares
 Date of Award                    08 April 2024
 Vesting Date                     Award vests in equal tranches on 08 April 2025, 08 April 2026 and 08
                                  April 2027.
 Number of shares                 68 182
 Grant Price per share            R11.24000
 Value of Transaction             R766,365.68
 Nature of interest               Direct beneficial
 Clearance obtained               Yes
 Place of the transaction         XOFF


Sandton


Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enquiries
 Investor Relations
 Langa Manqele                                  M: +27 82 295 9840
 Head of Investor Relations                     E: investorrelations@oldmutual.com




 Communications
 Wendy Tlou                                     M: +27 83 301 9663
 Interim Chief Communication Officer            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 Asia. 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 and its underlying businesses, please visit the corporate website at
www.oldmutual.com.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.