4th Jun 2008 14:51
Ref: 124/08
4 June 2008
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS IN ACCORDANCE WITH RULE 3.1.4R OF THE DISCLOSURE AND TRANSPARENCY RULES
Old Mutual plc (the Company) announces the following changes in listed subsidiary share interests of a PDMR.
Release of matching shares under the Nedbank Group Limited 2005 Matched Share Scheme
Following the successful achievement of Nedbank Group Limited performance targets and the holding of Nedbank Group Limited shares for a designated three year period by Mr T A Boardman, Chief Executive of Nedbank Group Limited, a matching award of 15,098 restricted shares, originally granted on 2 June 2005 under the 2005 Matched Share Scheme, were released to Mr Boardman on 3 June 2008.
The total number of Nedbank Group Limited shares held by Mr Boardman under option under the Nedcor Group (1994) Employee Incentive Scheme and the Nedbank Group (2005) Share Option, Matched Share and Restricted Share Scheme is 543,965, of which 251,200 have vested. The total number of restricted shares held by Mr Boardman under the 2005 Matched Share Scheme is now 30,000 and the total number of restricted shares held by Mr Boardman under the Nedbank Group (2005) Share Option, Matched Share and Restricted Share Scheme is 60,167.
Mr Boardman also holds 73,936 Nedbank Group Limited Ordinary shares and 85,000 Nedbank Limited preference shares.
Old Mutual
For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com
Enquiries
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Investor Relations |
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Aleida White |
UK |
+44 (0)20 7002 7287 |
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Deward Serfontein |
SA |
+27 (0)21 509 8709 |
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Media |
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Matthew Gregorowski |
UK |
+44 (0)20 7002 7133 |
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Nad Pillay |
SA |
+27 (0)82 553 7980 |
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Old Mutual PLC