Old Mutual ready for listing on the Nordic Exchange in Stockholm
Old Mutual ready for listing on the Nordic Exchange in Stockholm The South African finance group, Old Mutual plc., is ready to obtain a secondary listing on the Stockholm Stock Exchanges A List as of February 2. 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 Mutuals 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 Mutuals sector classification is available on www.omxgroup.com/stockholmsborsen under Press and Exchange Notices/Search/Equity-related information. For more information, please contact: Jenny Rosberg, President Company Services, OMX +46 8 405 68 81 Short facts on secondary listing on the Stockholm Stock Exchange If a company that is officially listed outside Sweden on an established and well-known exchange in the country where the company's Board of Directors is registered and where a majority of the company's shareholders reside, this company may apply for a secondary listing on Stockholm Stock Exchange. Such a company must also undergo an examination by an Exchange Auditor. This examination is less extensive than the examination conducted in a primary listing. To supplement the inquiry, Stockholm Stock Exchange will request a statement from the exchange where the company has its primary listing. About OMX OMX is a leading expert in the exchange industry. As owner and operator of the Nordic Exchange in Copenhagen, Stockholm, Helsinki, Riga, Tallinn and Vilnius, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. Our integrated technology solutions span the entire transaction chain enabling efficient securities transactions for exchanges, clearing organizations, central securities depositories and other financial institutions around the world. OMX is listed on the Nordic Exchange in Stockholm, Helsinki and Copenhagen. For more information please visit www.omxgroup.com. PDF
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