Key Developments: Old Mutual PLC (OML.L)
Latest Key Developments (Source: Significant Developments)
Old Mutual PLC announced that it has provided updates to the Company's dividend distribution for fiscal year 2012. Regarding the final dividend of GBP 0.0525 per share or its equivalent in other currencies of payment using exchange rates prevailing on April 11, 2013, the record date for this dividend payment is the close of business on April 26, 2013 for all the exchanges where the Company's shares are listed. The last day to trade cum-dividend will be April 17, 2013 on the Malawi Stock Exchange, April 19, 2013 on the JSE and on the Namibian and Zimbabwe Stock Exchanges and April 23, 2013 for the London Stock Exchange. The shares will trade ex-dividend from the opening of business on April 18, 2013 on the Malawi Stock Exchange, from the opening of business on April 22, 2013 on the JSE and the Namibian and Zimbabwe Stock Exchanges and from the opening of business on April 24, 2013 on the London Stock Exchange. Full Article
Old Mutual PLC announced that the directors have recommended a final dividend for the year ended December 31, 2012 of GBP0.0525 pence per share, which will be paid on May 31, 2013. Full Article
Old Mutual PLC announced that it has completed the acquisition of a majority stake in Oceanic Life, the life assurance operations of the former Oceanic Bank in Nigeria acquired by Ecobank Transnational Incorporated (Ecobank). Full Article
LONDON, May 8 - Anglo-South African insurer Old Mutual on Thursday reported growth in funds under management for the first quarter that outpaced market forecasts, supported by buoyant financial markets.