31st May 2018 11:44
LONDON (Alliance News) - Old Mutual PLC said on Thursday Quilter PLC Non-Executive Chairman Glyn Jones bought shares on Wednesday.
Jones bought 268,792 shares in dual-listed Old Mutual at a price of 240.60 pence each, the transaction totalling around GBP646,713.
London-listed shares in Old Mutual were up 0.2% at 241.80p on Thursday, while Johannesburg-listed shares were up 0.6% at ZAR40.48.
Last Friday, Old Mutual shareholders overwhelmingly approved its 'managed separation', which would see it list Quilter - formerly Old Mutual Wealth - in London and Johannesburg.
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