VIEW NEWS

03
April 2020
Dealings in security by directors, company secretary and prescribed officers of Old Mutual

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following directors, company secretary and prescribed officers of Old Mutual 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 G Williamson 
Position Acting Chief Executive Officer
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares in respect of the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 764,645
Grant Price per share R11.9500
Value of Transaction R9,137,507.75
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF

Director  Iain G Williamson 
Position Acting 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 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 175,733
Grant Price per share R11.9500
Value of Transaction R2,100,009.35
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 Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 313,808
Grant Price per share R11.9500
Value of Transaction R3,750,005.60
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 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 137,239
Grant Price per share R11.9500
Value of Transaction R1,640,006.05
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 Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date  Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 50,210
Grant Price per share R11.9500
Value of Transaction R600,009.50
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 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 30,126
Grant Price per share R11.9500
Value of Transaction R360,005.70
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF

Director  Clement Chinaka
Position Managing Director: Rest of Africa
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares in respect of the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 282,427
Grant Price per share R11.9500
Value of Transaction R3,375,002.65
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF

Director Clement Chinaka 
Position Managing Director: Rest of Africa
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 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 120,503
Grant Price per share R11.9500
Value of Transaction R1,440,010.85
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 Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 282,427
Grant Price per share R11.9500
Value of Transaction R3,375,002.65
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 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 97,072
Grant Price per share R11.9500
Value of Transaction R1,160,010.40
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 Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 251,047
Grant Price per share R11.9500
Value of Transaction R3,000,011.65
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 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 72,804
Grant Price per share R11.95
Value of Transaction R870,007.8000
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF

Director  Gcinikhaya L Gobodo
Position Managing Director: Wealth and Investments
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares in respect of the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 269,875
Grant Price per share R11.9500
Value of Transaction R3,225,006.25
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 Award
Class of Securities Ordinary shares
 
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 282,427
Grant Price per share R11.9500
Value of Transaction R3,375,002.65
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 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 92,262
Grant Price per share R11.9500
Value of Transaction R1,102,530.90
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 Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 283,659
Grant Price per share R11.9500
Value of Transaction R3,389,725.05
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 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date 26-Mar-23
Number of shares 88,703
Grant Price per share R11.9500
Value of Transaction R1,060,000.85
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF

Director  Heloise Van Der Mescht 
Position Acting Chief Operations Officer
Company Old Mutual
Nature of transactions Off-market award of forfeitable shares in respect of the LTIP Award
Class of Securities Ordinary shares
Date of Award 26-Mar-20
Date of Acceptance 01-Apr-20
Vesting Date Award vests in equal tranches on 26 March 2023, 26 March 2024 and 26 March 2025 respectively subject to meeting the required conditions as determined by the OML Remuneration Committee.
Number of shares 256,909
Grant Price per share R11.9500
Value of Transaction R3,070,062.55
Nature of interest Direct beneficial
Clearance obtained Yes
Place of the transaction XOFF

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