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Dealings In Securities By Directors, Company Secretary And Prescribed Officers Of Old Mutual Limited And OMLACSA

Published: 2025-04-04 18:00:25 ET

OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED
Registration number 1999/004643/06
JSE alpha code: OLDM
(“OMLACSA”)



4 April 2025


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


In accordance with paragraphs 6.45 to 6.47 of the JSE Debt and Specialist Securities Listings
Requirements, noteholders are advised that the following directors, company secretary and
prescribed officers of Old Mutual Limited (“Old Mutual”) and OMLACSA have been awarded and
accepted forfeitable shares in terms of Old Mutual’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
 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 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
                           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




                                                                                           2
Director                   Casparus Gerhardus Troskie
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
                           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




                                                                                           3
Director                   Zureida Ebrahim
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
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




                                                                                           4
Director                   Kerrin Dale Land
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
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




                                                                                           5
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
                           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




                                                                                           6
Director                   Zulfa Abdurahman
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
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




                                                                                           7
Director                   Clement Chinaka
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
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




                                                                                           8
 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       R874,475.2100
 Nature of interest         Direct beneficial
 Clearance obtained         Yes
 Place of the transaction   XOFF




Sandton



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




                                                                                            9
Enquiries
Investor Relations                   M: +27 82 295 9840
                                     E: investorrelations@oldmutual.com
Langa Manqele
Head of Investor Relations

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