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Dealing in securities by a major subsidiary in terms of the rules of the Bonus and Retention Share Plan (“BRP”)

Published: 2023-03-01 16:45:35 ET
<<<  go to JSE:KIO company page
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
(“Kumba” or “the Company”)

DEALING IN SECURITIES BY A MAJOR SUBSIDIARY IN TERMS OF THE RULES OF THE BONUS AND RETENTION SHARE PLAN (“BRP”)

In compliance with the JSE Limited Listings Requirements, Kumba announces that Sishen Iron Ore Company (Pty) Ltd has, in accordance with paragraph
7.4.1 of the amended BRP approved by shareholders at the Annual General Meeting held on 10 May 2019, purchased Kumba shares in the open market
on behalf of participants to settle the share awards made in terms of the BRP.

Name of Company                                      : Sishen Iron Ore Company Proprietary
                                                       Limited, a major subsidiary of Kumba
Nature of transaction                                : On-market purchase of securities
Class of securities                                  : Ordinary shares
Nature of Interest                                   : Direct beneficial
Clearance obtained                                   : Yes

Date of transaction                                  :   27 February 2023
Number of securities                                 :   92,858
Volume weighted average purchase price per share     :   R490.4303
Highest price per share                              :   R495.92
Lowest price per share                               :   R486.50
Total transaction value                              :   R45,540,376.80

Date of transaction                                  :   28 February 2023
Number of securities                                 :   35,008
Volume weighted average purchase price per share     :   R481.5499
Highest price per share                              :   R492.94
Lowest price per share                               :   R473.32
Total transaction value                              :   R16,858,098.90




Rosebank
1 March 2023

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)



For further information, please contact:

Company Secretary
Fazila Patel
fazila.patel@angloamerican.com
Tel: +27 683 7063
Mobile: +27 83 297 2293
Investors                                                              Media
Penny Himlok                                                           Sinah Phochana
penny.himlok@angloamerican.com                                         sinah.phochana@angloamerican.com
Tel: +27 12 622 8324                                                   Tel: +27 12 683 7019
Mobile: +27 82 781 1888                                                Mobile: +27 76 066 0655
Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel
industry. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape Province. Kumba exports iron ore to customers
around the globe including in China, Japan, South Korea and a number of countries in Europe and the Middle East.
www.angloamericankumba.com

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of mo dern life. Our portfolio of
world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of
our business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to
our customers – safely and sustainably.

As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and steelmaking coal, and nickel –
with crop nutrients in development – we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining
Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a
corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for
the benefit of the communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining
mining to improve people’s lives.
www.angloamerican.com