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

Published: 2025-04-04 18:00:29 ET

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



Ref: 10/25
4 April 2025


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


In accordance with paragraph 3.63 to 3.66 of the JSE Listings Requirements, shareholders 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
                                 Off-market award of forfeitable shares in respect of the LTIP Deferred
 Nature of transactions
                                 Performance Award
 Class of Securities             Ordinary shares
 Date of Award                   31 March 2025
 Date of Acceptance              02 April 2025
                                 Award vests in equal tranches on 31 March 2027, 31 March 2028 and 31
 Vesting Date
                                 March 2029
 Number of shares                1 230 794
 Grant Price per share           R12.11000
 Value of Transaction            R14,904,915.34
 Nature of interest              Direct beneficial
 Clearance obtained              Yes
 Place of the transaction        XOFF
Director                   Iain George Williamson
Position                   Chief Executive Officer
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date
                           31 March 2028
Number of shares           397 504
Grant Price per share      R12.11000
Value of Transaction       R4,813,773.44
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Casparus Gerhardus Troskie
Position                   Chief Financial Officer
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Number of shares           603 272
Grant Price per share      R12.11000
Value of Transaction       R7,305,623.92
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Casparus Gerhardus Troskie
Position                   Chief Financial Officer
Company                    Old Mutual




                                                                                           2
Director                   Casparus Gerhardus Troskie
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date
                           31 March 2028
Number of shares           254 076
Grant Price per share      R12.11000
Value of Transaction       R3,076,860.36
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Zureida Ebrahim
Position                   Chief Operating Officer
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Date of Acceptance         02 April 2025
Number of shares           546 622
Grant Price per share      R12.11000
Value of Transaction       R6,619,592.42
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Zureida Ebrahim
Position                   Chief Operating Officer
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025




                                                                                           3
Director                   Zureida Ebrahim
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Date of Acceptance         02 April 2025
Number of shares           374 397
Grant Price per share      R12.11000
Value of Transaction       R4,533,947.67
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
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Number of shares           584 388
Grant Price per share      R12.11000
Value of Transaction       R7,076,938.68
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
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date
                           31 March 2028
Number of shares           469 305




                                                                                           4
Director                   Tsakani Clarence Nethengwe
Grant Price per share      R12.11000
Value of Transaction       R5,683,283.55
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Kerrin Dale Land
Position                   Managing Director: Personal Finance
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Number of shares           536 683
Grant Price per share      R12.11000
Value of Transaction       R6,499,231.13
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Kerrin Dale Land
Position                   Managing Director: Personal Finance
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Acceptance         31 March 2025
Date of Award              02 April 2025
                           Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date
                           31 March 2028
Number of shares           218 025
Grant Price per share      R12.11000
Value of Transaction       R2,640,282.75
Nature of interest         Direct beneficial
Clearance obtained         Yes




                                                                                           5
Place of the transaction   XOFF


Director                   Prabashini Moodley
Position                   Managing Director: Corporate
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Number of shares           499 768
Grant Price per share      R12.11000
Value of Transaction       R6,052,190.48
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Prabashini Moodley
Position                   Managing Director: Corporate
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date
                           31 March 2028
Number of shares           193 768
Grant Price per share      R12.11000
Value of Transaction       R2,346,530.48
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Zulfa Abdurahman
Position                   Acting Managing Director: Wealth and Investments
Company                    Old Mutual




                                                                                           6
Director                   Zulfa Abdurahman
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Number of shares           153 021
Grant Price per share      R12.11000
Value of Transaction       R1,853,084.31
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
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Number of shares           536 683
Grant Price per share      R12.11000
Value of Transaction       R6,499,231.13
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
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025




                                                                                           7
Director                   Clement Chinaka
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date
                           31 March 2028
Number of shares           299 606
Grant Price per share      R12.11000
Value of Transaction       R3,628,228.66
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF




Director                   Charles Nortje
Position                   Acting Managing Director: OM Insure
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Number of shares           238 810
Grant Price per share      R12.11000
Value of Transaction       R2,891,989.10
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Charles Nortje
Position                   Acting Managing Director: Old Mutual Insure
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date
                           31 March 2028




                                                                                           8
Director                   Charles Nortje
Number of shares           249 925
Grant Price per share      R12.11000
Value of Transaction       R3,026,591.75
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Elsabé Margaretha Kirsten
Position                   Company Secretary
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the LTIP
Nature of transactions
                           Deferred Performance Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2027, 31 March 2028 and
Vesting Date
                           31 March 2029
Number of shares           41 229
Grant Price per share      R12.11000
Value of Transaction       R499,283.19
Nature of interest         Direct beneficial
Clearance obtained         Yes
Place of the transaction   XOFF


Director                   Elsabé Margaretha Kirsten
Position                   Company Secretary
Company                    Old Mutual
                           Off-market award of forfeitable shares in respect of the ESOP
Nature of transactions
                           Deferred Bonus Award
Class of Securities        Ordinary shares
Date of Award              31 March 2025
Date of Acceptance         02 April 2025
                           Award vests in equal tranches on 31 March 2026, 31 March 2027 and
Vesting Date
                           31 March 2028
Number of shares           72 211
Grant Price per share      R12.11000
Value of Transaction       R874,475.21
Nature of interest         Direct beneficial




                                                                                           9
 Director                         Elsabé Margaretha Kirsten
 Clearance obtained               Yes
 Place of the transaction         XOFF




Sandton

Sponsors
JSE                                  Equity Sponsor: Tamela Holdings (Proprietary) Limited
                                     Debt Sponsor: Nedbank Corporate and Investment Banking, a
                                     division of Nedbank Limited
Namibia                              PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe                             Imara Capital Zimbabwe plc
Malawi                               Stockbrokers Malawi Limited

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

Communications
Wendy Tlou                           M: +27 82 906 5008
Chief Communications and             E: oldmutualnews@oldmutual.com
Reputation Officer


Notes to Editors
About Old Mutual
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 12 countries. Old Mutual's
primary operations are in Africa and it has a niche business in China. With over 179 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




                                                                                                        10

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329 South Oyster Bay Road #2085
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team@eninvs.com

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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.