Share interests of a person discharging managerial responsibilities(PDMR)
Old Mutual plc (the Company) announces the following changes in listed
subsidiary share interests of a PDMR
Exercise of an option by a PDMR
Mr T A Boardman, Chief Executive of Nedbank Group Limited, exercised the
following option under the Nedcor Group (1994) Employee Incentive Scheme
on 22 May 2007:
PDMR Date of exercise Shares acquired Exercise
price
T A Boardman 22 May 2007 50,000 R60.01
Mr Boardman sold these shares at a price of R150.20 each resulting in a
pre-tax gain of R4,509,500.
The total number of Nedbank Group Limited shares held by Mr Boardman
under option under the Nedcor Group (1994) Employee Incentive Scheme and
the Nedbank Group (2005) Share Option, Matched Share and Restricted
Share Scheme is 543,965, of which 126,200 have vested. Mr Boardman holds
50,098 Nedbank Group Limited Ordinary shares and 85,000 Nedbank Limited
preference shares.
For further information on Old Mutual plc, please visit the corporate
website at www.oldmutual.com
Enquiries
Investor Relations
Malcolm Bell UK +44 (0)20 7002 7166
Deward Serfontein SA +27 (0)21 509 8709
Media
James Crampton UK +44 (0)20 7002 7133
Nad Pillay SA + 27 (0)21 504 8026
Share interests of a person discharging managerial responsibilities(PDMR)
| Source: Old Mutual plc