Old Mutual sets date for AGM and announces board change

Published 15/04/2025, 16:36
Old Mutual sets date for AGM and announces board change

JOHANNESBURG - Old Mutual (LON:OMU) Limited, a leading African financial services group, has announced that its Annual General Meeting (AGM) is scheduled to take place on May 30, 2025, at 10:00. The meeting will be held at the company’s auditorium in Sandton, Johannesburg, with provisions for electronic participation.

The AGM notice, along with summarised consolidated financial statements, has been distributed to shareholders as of today. The audited consolidated financial statements, which received an unqualified opinion from joint external auditors Deloitte & Touche and Ernst & Young Inc., have been available on Old Mutual’s website since March 18, 2025.

Shareholders wishing to participate electronically in the AGM must contact The Meeting Specialist Proprietary Limited (TMS) for assistance by May 28, 2025. TMS will also oversee the electronic hosting of the AGM and act as scrutineer.

In adherence to the JSE Listing Requirements, Old Mutual has communicated an impending change to its board of directors. Thoko Mokgosi-Mwantembe will not seek re-election and will step down from the board effective May 30, 2025. The company expressed gratitude for her contributions during her tenure. A new director appointment will be announced in the future.

Old Mutual, which operates mainly in Africa with a niche business in China, is also planning to release a voluntary operating update on the first quarter of 2025 before the AGM. Details will be announced on the Stock Exchange News Service (SENS).

The AGM will address various items of business as outlined in the notice sent to shareholders. The record date for shareholders entitled to attend, speak, and vote at the meeting is set for May 23, 2025.

This information is based on a press release statement and aims to provide shareholders and the investment community with essential details regarding Old Mutual’s upcoming AGM and board changes.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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