TIDMOMU

RNS Number : 9581K

Old Mutual Limited

07 September 2021

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

LSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "the Company")

Ref 22/21

07 September 2021

FINALISATION ANNOUNCEMENT AND DIVIDEND CURRENCY EQUIVALENTS

Shareholders are referred to Old Mutual's Results announcement dated 31 August 2021, wherein the company declared an interim dividend of 25 cents per share, which will be paid on Monday, 11 October 2021. The dividend of 25 cents per ordinary share will be subject to a local dividend tax rate of 20% which will result in a net interim dividend, to those shareholders who are not exempt from paying dividend tax, of 20 cents per ordinary share. Shareholders who are not exempt or are not subject to a reduced rate in terms of a double taxation agreement, will be subject to a dividend withholding tax at a rate of 20%.

Shareholders on the London, Zimbabwean, Malawian, and Namibian registers will be paid in the local currency equivalents of the interim dividend. Distributions made through the dividend access trust or similar arrangements established in a country will not be subject to South African withholding tax but may be subject to withholding tax in the relevant country. We recommend that you consult with your tax advisor regarding the in-country withholding tax consequences.

The local currency equivalents of the interim dividend have been established as follows:

 
 Malawi            13.96   Malawian kwacha per 
                            share 
 Namibia           25.00   Namibian cents per share 
 United Kingdom     1.25   GBP pence per share 
 Zimbabwe         146.28   RTGS cents per share

The local currency equivalents have been calculated using the following exchange rates:

 
 Malawi           55.8233   Malawian kwacha per 
                             Rand 
 Namibia           1.0000   Namibian cents per 
                             Rand 
 United Kingdom   20.0018   Rand per Pound sterling 
 Zimbabwe          0.1709   Rand per RTGS dollar

The timetable released on the Stock Exchange News Service on 31 August 2021 remains unchanged.

Sponsors

 
 JSE        Merrill Lynch South Africa (Pty) Limited 
             ta BofA Securities 
 Malawi     Stockbrokers Malawi Limited 
  Namibia    PSG Wealth Management (Namibia) (Proprietary) 
             Limited 
 Zimbabwe   Imara Capital Zimbabwe plc

Enquiries

 
 Investor Relations 
  Sizwe Ndlovu                   T: +27 (0)11 217 1163 
  Head of Investor Relations     M: +27 (83) 500 8019 
                                 E: tndlovu6@oldmutual.com 
 Communications: 
  Vuyo Mtawa                     M: +27 (0)68 422 8125 
  Head: Group Communications     E: VMtwata@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 market segments in 14 countries. Old Mutual's primary operations are in South Africa and the rest of Africa, and we have a niche business in China. With over 176 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 .

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September 07, 2021 03:30 ET (07:30 GMT)

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