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PIC welcomes the return of Old Mutual to South Africa

26th June 2018

     

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The Public Investment Corporation (PIC) welcomes the decision of Old Mutual Limited to return to the Johannesburg Stock Exchange (JSE) as its primary listing.

The PIC is particularly pleased to have been able to support and work with the Old Mutual management team throughout the period of managed separation, which has resulted in the successful listing of both Old Mutual Limited and Quilter on the Johannesburg and London stock exchanges.

It has always been PIC’s preference for South African companies to maintain their primary listing on the JSE. The PIC looks forward to being a significant and supportive investor of both Old Mutual and Quilter in the future.

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