Old Mutual investor? How to approve (or vote against) aspects of its 4-way split

(Sponsored by Old Mutual.)

In 2016 Old Mutual plc announced a new strategy – a redesign of the existing group that will separate its four underlying businesses in Africa, the UK and elsewhere into standalone businesses, in the stated belief that doing so will be in the best long-term interests of its shareholders and stakeholders.

The process is called a “managed separation”.

Shareholders need to approve certain aspects of the managed separation in order for it to proceed.

A “Shareholder Pack” containing a full explanation of the managed separation - as well as details of what will happen with current Old Mutual plc shares and instructions on how shareholders can vote - will be in the post soon.

You can vote by either returning your proxy or voting instruction forms.

Certain Old Mutual plc shareholders may also vote electronically.

If you’re an Old Mutual shareholder watch out for the Shareholder Pack and listen to Bruce Whitfield's The Money Show over the next few weeks to stay up to date.

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This article first appeared on 702 : Old Mutual investor? How to approve (or vote against) aspects of its 4-way split


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