27th Feb 2007 12:15
Old Mutual PLC27 February 2007 Old Mutual plc Ref 12/07 27 February 2007 Share interests of persons discharging managerial responsibilities (PDMRs) Release of Restricted Shares to a PDMR Mr S F Powers, Chief Executive Officer, Old Mutual US Operations, received arelease of shares on 26 February 2007 under the Old Mutual Restricted Share Plan(RSP) as follows: PDMR Original No. of No. of shares sold to Sale price No. of grant shares cover withholding per share shares date released obligations retained S F 26 122,690 39,260 £1.8601 83,430Powers February 2003 The total number of shares in the Company contingently held under the RSP by MrPowers is now 1,452,751 and the total number of shares in the Company in whichMr Powers (together with his connected persons, for the purposes of section 346of the UK Companies Act 1985) is beneficially interested is now 373,929(excluding non-vested RSP awards and unexercised shares held under option). Notes to Editors Old Mutual Old Mutual plc is an international savings and wealth management company basedin the UK. Originating in South Africa in 1845, the group has a balancedportfolio of businesses offering asset management, life assurance, banking andgeneral insurance services in over 40 countries, primarily South Africa, Europeand the United States. Old Mutual is listed on the London, Johannesburg andStockholm stock exchanges, among others. By conducting its business worldwide under its core values of integrity, respectand accountability, Old Mutual aspires to push beyond boundaries to drive valuefor all its stakeholders. In the year ended 31 December 2006, the group reported an increase in adjustedoperating profit of 16% to £1.4 billion (IFRS basis). Old Mutual had £239billion of funds under management at 31 December 2006, and 53,000 employees. For further information on Old Mutual plc, please visit the corporate website atwww.oldmutual.com Enquiries Investor RelationsMalcolm Bell UK +44 (0)20 7002 7166Deward Serfontein SA +27 (0)21 509 8709 MediaJames Crampton UK +44 (0)20 7002 7133Nad Pillay SA + 27 (0)21 504 8026 Forward-looking statements This announcement or presentation may contain certain forward-looking statementswith respect to certain of Old Mutual plc's plans and its current goals andexpectations relating to its future financial condition, performance andresults. By their nature, all forward-looking statements involve risk anduncertainty because they relate to future events and circumstances that arebeyond Old Mutual plc's control, including, among other things, UK domestic andglobal economic and business conditions, market-related risks such asfluctuations in interest rates and exchange rates, policies and actions ofregulatory authorities, the impact of competition, inflation, deflation, thetiming and impact of other uncertainties or of future acquisitions orcombinations within relevant industries, as well as the impact of tax and otherlegislation and other regulations in territories where Old Mutual plc or itsaffiliates operate. As a result, Old Mutual plc's actual future financial condition, performance andresults may differ materially from the plans, goals and expectations set forthin Old Mutual plc's forward-looking statements. Old Mutual plc undertakes noobligation to update any forward-looking statements contained in thisannouncement or presentation or any other forward-looking statements that it maymake. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Old Mutual PLC