Old Mutual Executes Share Sales for Employee Tax Liabilities

Old Mutual ( (ODMUF) ) just unveiled an update.

Old Mutual Limited announced the sale of ordinary shares by various employee incentive schemes to cover employee income tax liabilities related to share grants. The transactions, which took place on May 12, 2025, involved the sale of a significant number of shares across different trusts, reflecting the company’s ongoing commitment to managing its employee share ownership and long-term incentive plans. This move is indicative of Old Mutual’s strategic approach to aligning employee interests with company performance, potentially impacting its market positioning and stakeholder relations.

More about Old Mutual

Old Mutual is a premium African financial services group offering a wide range of financial solutions to both retail and corporate customers across 12 countries. With its primary operations in Africa and a niche business in China, Old Mutual has a long-standing heritage of over 179 years in sub-Saharan Africa, playing a significant role in the communities and societies it serves.

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