11th Nov 2008 14:00
Ref 154/08
11 November 2008
Share interests of a person discharging managerial responsibilities (PDMR)
Grant of share options to an Executive Director
A recruitment option over shares in Old Mutual plc (the Company) was granted on 10 November 2008 under the Company's Share Reward Plan - Share Options (the SRP) to Mr Philip Broadley as follows:
|
Director |
Role |
Number of shares |
Exercise Price |
|
Philip Broadley |
Group Finance Director |
1,315,789 |
£0.57 |
The above option is for a period of six years, but may not generally, under the rules of the SRP, be exercised until the third anniversary of grant. Vesting of the Option is not subject to corporate performance targets and no consideration was payable for this grant.
For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com
Enquiries
|
Investor Relations |
||
|
Aleida White |
UK |
+44 (0)20 7002 7287 |
|
Deward Serfontein |
SA |
+27 (0)82 810 5672 |
|
Media |
||
|
Matthew Gregorowski |
UK / SA |
+44 (0)20 7002 7133 |
|
Brian Cattell (Finsbury) |
UK |
+44 (0)20 7251 3801 |
Notes to Editors
Old Mutual
Old Mutual plc is an international savings and wealth management company based in the UK. Originating in South Africa in 1845, the group has a portfolio of businesses offering asset management, life assurance, banking and general insurance services in over 40 countries in Europe, the Americas, Africa and Asia-Pacific. Old Mutual plc is listed on the London Stock Exchange and the JSE, among others.
In the year ended 31 December 2007, the group reported adjusted operating profit of £1.62 billion (on an IFRS basis) and had £279 billion of funds under management at the year end. The Company has approximately 53,000 employees.
Related Shares:
Old Mutual PLC