5th Mar 2009 15:15
Ref 09/09
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes should in block capital letters.
1. Name of the issuer
OLD MUTUAL PLC
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a)
Yes
3. Name of person discharging managerial responsibilities/director
JULIAN VICTOR FROW ROBERTS
ROBERT MICHAEL HEAD
DONALD IAN HOPE
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial interest
BENEFICIAL INTEREST
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
SHARE OPTIONS UNDER THE OLD MUTUAL SHARE OPTION AND DEFERRED DELIVERY PLAN (SOP)
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them.
JULIAN VICTOR FROW ROBERTS - 239,295 SHARES HELD UNDER OPTION
ROBERT MICHAEL HEAD - 85,643 SHARES HELD UNDER OPTION
DONALD IAN HOPE - 28,113 SHARES HELD UNDER OPTION
8. State the nature of the transaction.
LAPSE OF OPTIONS UNDER THE SOP ORIGINALLY GRANTED ON 29 MARCH 2006 WITH AN EXERCISE PRICE OF £1.985 PER SHARE, AS A RESULT OF THE EMBEDDED VALUE EPS-BASED PERFORMANCE TARGET REQUIRED FOR VESTING NOT BEING ACHIEVED
9. Number of shares, debentures or financial instruments relating to shares acquired
NONE
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
N/A
11. Number of shares, debentures or financial instruments relating to shares disposed
NIL
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
NIL
13. Price per share or value of transaction
N/A
14. Date and place of transaction
4 MARCH 2009
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
N/A
16. Date issuer informed of transaction
4 MARCH 2009
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
18. Period during which or date on which it can be exercised
19. Total amount paid (if any) for grant of the option
20. Description of shares or debentures involved (class and number)
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
22. Total number of shares or debentures over which options held following notification
23. Any additional information
24. Name of contact and telephone number for queries
Name and signature of duly authorised officer of issuer responsible for making notification
Martin C Murray
Company Secretary
Date of notification 5 March 2009
Related Shares:
Old Mutual PLC