3rd Nov 2015 14:30
Old Mutual plc
Ref 738/15
3 November 2015
OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED - ISSUE OF OML 07 NOTES
Old Mutual plc today announces that the JSE Limited has granted a listing to its subsidiary, Old Mutual Life Assurance Company (South Africa) Limited (OMLAC(SA)), on the Interest Rate Market with effect from 4 November 2015 under OMLACSA's Unsecured Subordinated Callable Note Programme dated 4 September 2014.
INSTRUMENT TYPE: FIXED RATE NOTE CALLABLE
Bond Code OML07
Nominal Issued ZAR460,000,000
Issue Price 98.5192 %
Coupon 10.955%
Coupon Rate Indicator Fixed
Trade Type Yield
Final Maturity Date 19 March 2030
Books Close 9 September, 9 March
Interest Payment Date(s) 19 September, 19 March
Last Day to Register By 17:00 on 8 September, 8 March
Issue Date 4 November 2015
Date Convention Following
Interest Commencement Date 19 September 2015
First Interest Payment Date 19 March 2015
Call / Step Up Date 19 March 2025
ISIN No. ZAG000124579
Additional Information Unsecured Subordinated Callable Notes
APPLICABLE PRICING SUPPLEMENT
https://www.jse.co.za/content/JSEPricingSupplementsItems/2015/BondDocuments/OML07%20Pricing%20Supplement%2020151104.PDF
Enquiries
External communications
Patrick Bowes UK +44 20 7002 7440
Investor relations
Dominic Lagan UK +44 20 7002 7190
Sizwe Ndlovu SA +27 11 217 1163
Media
William Baldwin-Charles +44 20 7002 7133
+44 7834 524833
Notes to Editors
Old Mutual provides investment, savings, insurance and banking services to more than 17 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.
In the year ended 31 December 2014, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £319 billion of funds under management from core operations.
For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com
Related Shares:
Old Mutual PLC