Edition:
United Kingdom

Old Mutual PLC (OML.L)

OML.L on London Stock Exchange

212.50GBp
2:46pm BST
Change (% chg)

-1.30 (-0.61%)
Prev Close
213.80
Open
212.10
Day's High
213.00
Day's Low
209.30
Volume
8,251,833
Avg. Vol
12,963,559
52-wk High
263.10
52-wk Low
185.50

Latest Key Developments (Source: Significant Developments)

Old Mutual Says 22.68 Pct Votes Cast Against Approval Of Employee Share Ownership Plan
Friday, 25 May 2018 

May 25 (Reuters) - Old Mutual PLC ::77.32 PERCENT VOTES CAST AT AGM TO APPROVE RULES OF OLD MUTUAL LTD EMPLOYEE SHARE OWNERSHIP PLAN, 22.68 PERCENT VOTES AGAINST.NOTES LEVEL OF VOTES CAST AGAINST RESOLUTION IN RESPECT OF OLD MUTUAL LIMITED EMPLOYEE SHARE OWNERSHIP PLAN.PRIMARY DRIVER FOR VOTES AGAINST RESOLUTION WAS ISS'S RECOMMENDATION TO MEMBERS TO VOTE AGAINST RESOLUTION.ISS'S RECOMMENDATION TO MEMBERS TO VOTE AGAINST RESOLUTION ON BASIS NO PERFORMANCE CONDITIONS WILL APPLY TO AWARDS GRANTED UNDER PLAN.  Full Article

Old Mutual Says Businesses Continue To Trade In Line With Expectations
Monday, 30 Apr 2018 

April 30 (Reuters) - Old Mutual PLC ::BUSINESSES CONTINUE TO TRADE IN LINE WITH ITS EXPECTATIONS AS OUTLINED IN ITS FULL YEAR RESULTS PUBLISHED ON 15 MARCH 2018.OLD MUTUAL LIMITED GROUP'S COINT OPERATIONS STARTED YEAR ON POSITIVE NOTE AND RESULTS FROM OPERATIONS ARE TRADING IN LINE WITH MANAGEMENT EXPECTATIONS.  Full Article

Old Mutual Publishes Pre-Listing Statement On Admission Of Shares To Primary Listing On JSE
Friday, 20 Apr 2018 

April 20 (Reuters) - Old Mutual PLC ::OLD MUTUAL PLC - PUBLICATION OF PRE-LISTING STATEMENT AND EXPECTED LISTING DATE ANNOUNCED.OLD MUTUAL - PUBLISHED ITS PRE-LISTING STATEMENT ("PLEASE") IN CONNECTION WITH PROPOSED ADMISSION OF ORDINARY SHARES IN OML TO A PRIMARY LISTING ON JSE.OLD MUTUAL - LISTING WILL TAKE PLACE ON 26 JUNE 2018 FOLLOWING RECEIPT OF REQUISITE APPROVALS, INCLUDING APPROVAL BY OLD MUTUAL PLC SHAREHOLDERS.OLD MUTUAL - OML WILL ALSO HAVE A STANDARD LISTING IN UNITED KINGDOM AND WILL TRADE ON LONDON STOCK EXCHANGE'S MAIN MARKET FOR LISTED SECURITIES.OLD MUTUAL PLC - OML WILL ALSO HAVE SECONDARY LISTINGS ON MALAWI STOCK EXCHANGE ("MSE"), NAMIBIAN STOCK EXCHANGE ("NSX") AND ZIMBABWE STOCK EXCHANGE.OLD MUTUAL - EXPECTED THAT ORDINARY SHARES WILL BE TRADED ON JSE IN "LIFE INSURANCE" SECTOR UNDER ABBREVIATED NAME "OMUTUAL" AND SHARE CODE "OMU".OLD MUTUAL PLC - ORDINARY SHARES WILL BE TRADED ON LSE UNDER SHARE CODE "OMU", MSE UNDER ABBREVIATED NAME "OMUTUAL" AND SHARE CODE "OMU".OLD MUTUAL PLC - EXPECTED THAT ITS ORDINARY SHARES WILL BE TRADED ON NSX UNDER ABBREVIATED NAME "OMUTUAL" AND SHARE CODE "OMM".  Full Article

Old Mutual To Undertake Public Interest Conditions To Internal Restructure Process
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Old Mutual Plc ::S.A'S COMPETITION COMMISION- OLD MUTUAL AND ECONOMIC DEVELOPMENT DEPARTMENT TO INCORPORATE PUBLIC INTEREST CONDITIONS TO INTERNAL RESTRUCTURE PROCESS.S.A'S COMPETITION COMMISSION - TRIBUNAL EXPECTS EDD AND OLD MUTUAL TO MAKE SUBMISSIONS IN SUPPORT OF THE PUBLIC INTEREST CONDITIONS IN WEDNESDAY'S HEARING ‍​.  Full Article

Old Mutual Gets S.Africa's Competition Commission Recommendation For Restructuring
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Old Mutual Plc ::OLD MUTUAL - OLD MUTUAL RECEIVES SA COMPETITION COMMISSION RECOMMENDATION.RECOMMENDATION FOR APPROVAL BY THE COMPETITION COMMISSION TO THE COMPETITION TRIBUNAL FOR THE NEWLY INCORPORATED OLD MUTUAL LIMITED TO ACQUIRE OLD MUTUAL PLC.  Full Article

Old Mutual sells Buxton UK wealth business to TA Associates for $800 mln
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Old Mutual ::SALE OF SINGLE STRATEGY ASSET MANAGEMENT BUSINESS OF OLD MUTUAL WEALTH TO TA ASSOCIATES FOR £600 MILLION ($803.04 million).  Full Article

Old Mutual says OM Asset Management closes underwritten public offering
Monday, 20 Nov 2017 

Nov 20 (Reuters) - OLD MUTUAL PLC ::ANNOUNCES CLOSING OF AN UNDERWRITTEN PUBLIC OFFERING OF 6,039,630 OF ITS ORDINARY SHARES FOR AGGREGATE PROCEEDS OF APPROXIMATELY $94 MILLION​.‍PROCEEDS TO OLD MUTUAL FROM OFFERING ARE EXPECTED TO BE USED FOR GENERAL CORPORATE PURPOSES​.‍MORGAN STANLEY & CO. LLC ACTED AS SOLE BOOKRUNNING MANAGER FOR PUBLIC OFFERING​.  Full Article

Old mutual's OMAMA says pricing of public offering of 6,039,630 ordinary shares
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - OLD MUTUAL PLC ::SAYS ‍OM ASSET MANAGEMENT PLC ANNOUNCES PRICING OF PUBLIC OFFERING OF 6,039,630 OF ORDINARY SHARES FOR AGGREGATE PROCEEDS OF ABOUT $94 MILLION​.‍PUBLIC OFFERING IS EXPECTED TO CLOSE ON 17 NOVEMBER 2017​.‍ORDINARY SHARES ARE BEING OFFERED BY OLD MUTUAL PLC ('OLD MUTUAL'), THROUGH ITS WHOLLY OWNED SUBSIDIARY, OM GROUP (UK) LIMITED​.‍OMAM WILL NOT SELL ANY SHARES IN OFFERING AND WILL NOT RECEIVE ANY PROCEEDS FROM SALE OF SHARES​.  Full Article

Old Mutual Wealth Solvency 2 ratio over 170 pct-CEO
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Old Mutual Plc :Old mutual wealth ceo paul feeney says ~unit has solvency 2 ratio of more than 170 percent.  Full Article

Old Mutual completes sale of OM Asset Management shares to HNA Capital US​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Old Mutual Plc :‍Old Mutual plc ("old mutual") today announces that sale of second tranche of OM Asset Management ("omam") shares to HNA Capital US has completed​.‍Old Mutual's remaining holding in OMAM is now 5.5%​.  Full Article

Malawian telecoms company TNM's 2017 profit up 60 percent

BLANTYRE, Malawi, June 14 Telkom Networks Malawi reported a 60 percent jump in annual after tax profit on Thursday, thanks to a strong showing from its voice call services.