Old Mutual executives awarded forfeitable shares in incentive plans
Old Mutual Limited announced today the awarding of forfeitable shares to several directors, the company secretary, and prescribed officers under its Employee Share Ownership Plan (ESOP) and Long-Term Incentive Plan (LTIP). Notable awards include CEO Iain George Williamson receiving 1,230,794 shares under the LTIP, valued at ZAR14,904,915.34, and 397,504 shares under the ESOP, valued at ZAR4,813,773.44. CFO Casparus Gerhardus Troskie was granted 603,272 shares under the LTIP, valued at ZAR7,305,623.92, and 254,076 shares under the ESOP, valued at ZAR3,076,860.36. Other recipients include COO Zureida Ebrahim, Managing Directors Tsakani Clarence Nethengwe and Kerrin Dale Land, and Company Secretary Elsabé Margaretha Kirsten. The shares vest in equal tranches over the next several years. These transactions were conducted off-market (XOFF), and clearance was obtained for all dealings.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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