Old Mutual PLC OMLAC(SA) - Annual Financial Statements (0128J)
23 June 2017 - 8:00PM
UK Regulatory
TIDMOML
RNS Number : 0128J
Old Mutual PLC
23 June 2017
Old Mutual plc
Ref 126/17
23 June 2017
old mutual life assurance company (south africa) Ltd - annual
financial statements
In accordance with clause 7.2 of the JSE Limited Listing
Requirements, Old Mutual plc's subsidiary, Old Mutual Life
Assurance Company (South Africa) Ltd (OMLAC(SA)) (Registration
number 1999/004643/06), hereby notifies its debt investors that it
has now publicly released its Audited Annual Financial Statements
(AFS) for the year ended 31 December 2016.
The AFS are available on the Company's website at
www.oldmutualplc.com/reports and for inspection at Mutualpark, Jan
Smuts Drive, Pinelands, Cape Town.
Enquiries
External communications
Patrick Bowes UK +44 20 7002 7440
Investor relations
Dominic Lagan UK +44 20 7002 7190
Deward Serfontein (Fluent Investor Relations) SA +27 82 810 5672
Media
William Baldwin-Charles +44 20 7002 7133
+44 7834 524833
Notes to Editors
Old Mutual
Old Mutual provides investment, savings, insurance and banking
services to 19.4 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.
Old Mutual is executing its strategy of managed separation,
which will entail separating its four businesses into standalone
entities. The four businesses are:
Old Mutual Emerging Markets: an attractive business with a
dominant position in South Africa, well-placed to capitalise on
sub-Saharan African growth as a diversified financial services
provider with strong operations in key East and West African
markets.
Nedbank: one of South Africa's four largest banks with very
strong corporate, commercial and property finance franchises, and a
growth opportunity in the retail market, as well as pan-African
optionality through its stake in Ecobank Transnational Inc
(ETI).
Old Mutual Wealth: a leading, integrated wealth management
business, focused on the UK upper and middle market, with strong
prospects in a rapidly growing GBP3 trillion market.
OM Asset Management: an institutionally focussed, multi-boutique
asset management business, delivering strong, diversified growth in
attractive asset classes through organic initiatives and
acquisitions.
For the year ended 31 December 2016, Old Mutual reported an
adjusted operating profit before tax of GBP1.7 billion and had
GBP395 billion of funds under management. For further information
on Old Mutual plc and the underlying businesses, please visit the
corporate website at www.oldmutualplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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