Old Mutual plc. is an international company that provides financial services focusing on savings and asset management. The Old Mutual group offers a wide range of financial services, such as life and non-life insurance, asset management and banking services, primarily in three regions: South Africa, the United States and Europe.
On September 2, 2005, Old Mutual Plc issued a public tender offer to all Skandia shareholders. The secondary listing on the Stockholm Stock Exchange has been a stated objective of Old Mutual, which expects such a listing to result in thousands of Swedes becoming new shareholders in Old Mutual. Old Mutual Plc now has validated acceptances in respect of 72,3 percent of the shares in Skandia, which are listed on the Stockholm Stock Exchange. Old Mutual’s primary listing has been on the London Stock Exchange since 1999 and it has secondary listings in South Africa, Malawi, Namibia and now also Stockholm.
“The fact that Old Mutual shares can now be traded on the Stockholm Stock Exchange means a lot to those investors who have received Old Mutual shares in return for Skandia shares. We warmly welcome Old Mutual to the Stockholm Stock Exchange,” says Jenny Rosberg, President of Company Services OMX.
"We are delighted to be listed on the Stockholm Stock Exchange and look forward to continuing to deliver profitable growth to both existing and new shareholders. We are committed to providing the highest of disclosure to all our Swedish and international shareholders on the development of the Old Mutual group", said Jim Sutcliffe, Chief Executive Old Mutual plc.
A round lot in Old Mutual, whose short name will be OLDM, amounts to 1 000 shares and the company is included in the Financials segment. Additional information about such matters as Old Mutual’s sector classification is available on www.omxgroup.com/stockholmsborsen under Press and Exchange Notices/Search/Equity-related information.
