8th Aug 2008 16:00
Ref 134/08
8 August 2008
Share interests of persons discharging managerial responsibilities (PDMR)
Net Settlement of Restricted Share Awards by a PDMR
Mr P Hanratty, Managing Director, Old Mutual South Africa, net settled two restricted share awards on 7 August 2008 under the Old Mutual Restricted Share Plan (RSP) as follows:
|
PDMR |
Original grant date |
No. of shares released |
Closing price per share on 7 August 2008 |
Shares remaining under award |
|
P Hanratty |
3 March 2004 |
23,577 |
R13.90 |
41,260 |
|
P Hanratty |
16 March 2004 |
19,555 |
R13.90 |
- |
The total number of shares in the Company contingently held by Mr Hanratty as Restricted Share Awards under the RSP and the OMSA Management Incentive Share Plan is now 715,320, of which 132,783 have vested.
For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com
Enquiries
|
Investor Relations |
||
|
Mary Jackets |
UK |
+44 (0)20 7002 7149 |
|
Deward Serfontein |
SA |
+27 (0)82 810 5672 |
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.
Forward-looking statements
This announcement or presentation may contain certain forward-looking statements with respect to certain of Old Mutual plc's plans and its current goals and expectations relating to its future financial condition, performance and results. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances that are beyond Old Mutual plc's control, including, among other things, UK domestic and global economic and business conditions, market-related risks such as fluctuations in interest rates and exchange rates, policies and actions of regulatory authorities, the impact of competition, inflation, deflation, the timing and impact of other uncertainties or of future acquisitions or combinations within relevant industries, as well as the impact of tax and other legislation and other regulations in territories where Old Mutual plc or its affiliates operate.
As a result, Old Mutual plc's actual future financial condition, performance and results may differ materially from the plans, goals and expectations set forth in Old Mutual plc's forward-looking statements. Old Mutual plc undertakes no obligation to update any forward-looking statements contained in this announcement or presentation or any other forward-looking statements that it may make.
Related Shares:
Old Mutual PLC