OLD MUTUAL LIMITED – Old Mutual Share Repurchase Programme – Dealings in Own Shares

2019/05/15 16:00:00
SENS announcement for JSE listed company: OMU
                        

OMU 201905150061A
Old Mutual Share Repurchase Programme – Dealings in Own Shares

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
(‘Old Mutual’ or ‘the Company’)

Ref 20/19
15 May 2019

OLD MUTUAL SHARE REPURCHASE PROGRAMME – DEALINGS IN OWN SHARES

Old Mutual announces that between 10 May 2019 and 14 May 2019 it purchased the
following number of its ordinary shares on the Johannesburg Stock Exchange
(‘JSE’) through RMB Morgan Stanley (Pty) Ltd (‘Repurchased Shares’). Such
purchase was effected pursuant to instructions issued by Old Mutual on 13 March
2019, as part of its up to R2.5 billion share repurchase programme announced on
11 March 2019.

Ordinary Shares
Dates of purchase 10 May 2019 to 14 May 2019
Aggregate Number of ordinary shares purchased: 7 738 444
Highest price paid per share (cents): 2 349
Lowest price paid per share (cents): 2 267

The Repurchased Shares shall be cancelled as issued shares and will revert to
authorised but unissued share capital status. Following the shares purchased to
date by Old Mutual under the share repurchase programme Old Mutual will have
4,845,351,380 ordinary shares in issue. This figure may be used by shareholders
as the denominator for purposes of calculating their percentage interest in Old
Mutual’s issued share capital, to the extent required, for purposes of the South
African Companies Act, 2008 (having regard to sections 122 and 123 thereof in
particular) or whether they are required to notify their interest in, or a change
to their interest in, Old Mutual under the FCA’s Disclosure Guidance and
Transparency Rules.
Schedule of purchases – aggregate information
Trading venue Date Volume weighted Daily
average price aggregated
(cents per share) volume
JSE 10 May 2019 2 334 2 474 516
JSE 13 May 2019 2 320 2 575 672
JSE 14 May 2019 2 289 2 688 256

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), detailed information of the individual trades made by RMB
Morgan Stanley (Pty) Ltd as part of the buyback share repurchase programme is
available on https://www.oldmutual.com/investor-relations/share-repurchase-
information.

An announcement will be published in terms of the JSE Listings Requirements
when the Company has cumulatively repurchased 3% of the securities in issue.

This announcement is also available on the Old Mutual website at
www.oldmutual.com.

Sponsors

Johannesburg Stock Merrill Lynch South Africa (Pty) Limited
Exchange

Namibia PSG Wealth Management (Namibia) (Proprietary)
Limited

Zimbabwe Imara Capital Zimbabwe plc

Malawi Stockbrokers Malawi Limited

Enquiries

Investor Relations
T: +27 (11) 217 1163
Sizwe Ndlovu
E: tndlovu6@oldmutual.com
Head of Investor Relations

Communications:
Tabby Tsengiwe T: +27 (11) 217 1953
Head of Communications M: +27 (0)60 547 4947
E: ttsengiwe@oldmutual.com
Notes to Editors

About Old Mutual Limited

Old Mutual is a premium African financial services group that offers a broad
spectrum of financial solutions to retail and corporate customers across key
markets segments in 17 countries. Old Mutual’s primary operations are in South
Africa and the rest of Africa, and it has niche business in Asia. With over 170
years of heritage across sub-Saharan Africa, we are a crucial part of the
communities we serve and broader society on the continent.

For further information on Old Mutual, and its underlying businesses, please
visit the corporate website at www.oldmutual.com.

Date: 15/05/2019 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
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