March 13, 2018 / 7:55 AM / 7 months ago

BRIEF-Old Mutual Updates on On U.S Legacy Matters

March 13 (Reuters) - Old Mutual Plc:

* STATEMENT ON US LEGACY MATTERS

* ‍NOTES THAT TRAVELERS COMPANIES, INC. AND ST. PAUL FIRE AND MARINE INSURANCE COMPANY HAVE LODGED A CLAIM IN UNITED STATES DISTRICT COURT

* CLAIM ‍IN RELATION TO PRE-EXISTING PLC HEAD OFFICE LEGACY ITEMS RELATING TO PREVIOUSLY DISPOSED OF US ASSETS

* ‍BELIEVE THAT THIS ACTION IS WITHOUT MERIT AND WILL RESIST ACCORDINGLY

* ‍MANAGED SEPARATION REMAINS ON TRACK FOR MATERIAL COMPLETION BY END OF 2018​​​​ Source text for Eikon: Further company coverage:

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