Dividend Currency Conversion
April 04 2003 - 4:00AM
UK Regulatory
RNS Number:6453J
Old Mutual PLC
04 April 2003
OLD MUTUAL PLC
Final Dividend for the year ended 31 December 2002
Currency Conversion
In the preliminary announcement by Old Mutual plc of its results for the year
ended 31 December 2002 published on 24 February 2003, the company announced a
recommended final dividend of 3.1p per share or its equivalent in other
currencies of payment using the exchange rates prevailing on 3 April 2003. On 13
March 2003, Old Mutual announced it would apply a Zimbabwe dollar/sterling
exchange rate determined by Zimbabwe Statutory Instrument 83A of 2003 in
calculating the dividend to be paid to shareholders on the Zimbabwe branch
register.
The local currency equivalents of the proposed dividend have now been
established and are as follows:
South Africa 38.33 South African cents per share
Malawi 4.4157 Malawi Kwacha per share
Namibia 38.33 Namibian cents per share
Zimbabwe 40.1603 Zimbabwean dollars per share
Subject to being approved by shareholders at the Annual General Meeting on 16
May 2003, the final dividend will be paid on 30 May 2003.
The record date for this dividend payment is Tuesday, 22 April 2003 for all the
exchanges where Old Mutual shares are listed. The ex-dividend date on the London
Stock Exchange is the opening of business on Wednesday, 16 April 2003.
In accordance with the settlement procedures of STRATE, Old Mutual has
determined the last day for trading to participate in the final dividend to be
Friday, 11 April 2003 for shares traded through the JSE Securities Exchange
South Africa. The ex-dividend date on the JSE Securities Exchange South Africa
and also on the Malawi, Namibian and Zimbabwe Stock Exchanges will be the
opening of business on Monday, 14 April 2003.
4 April 2003
ENQUIRIES:
Old Mutual plc, London
James Poole Tel: + 44 20 7569 0100
Transfer Secretaries / Registrars
Computershare Investor Services
Bristol call centre: Tel: +44 870 702 0001
Johannesburg call centre: Tel: +27 11 370 7700
Nico Corporate Finance
Malawi call centre: Tel: + 265 623 856
Transfer Secretaries (Pty) Limited
Namibian call centre: Tel: + 264 61 227647
Corpserve (Private) Limited
Zimbabwe call centre: Tel: +263 912 34621-5
This information is provided by RNS
The company news service from the London Stock Exchange
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