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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: 2025-03-05 17:15:25 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 Listings Requirements of the JSE Limited, Kumba announces that Sishen Iron Ore Company Proprietary Limited has, in
 accordance with paragraph 7.4.1 of the amended BRP approved by shareholders at the Annual General Meeting held on 28 May 2024, purchased
 Kumba shares in the open market on behalf of participants to settle the share awards made in terms of the BRP

   Nature of transaction:                           On-market purchase of securities
   Class of securities:                             Ordinary shares
   Nature of Interest:                              Direct beneficial
   Clearance obtained:                              Yes


   Date of transaction:                             3 March 2025
   Number of securities:                            760
   Average weighted purchase price per share:       R366.61
   Highest price per share:                         R366.69
   Lowest price per share:                          R366.50
   Total transaction value:                         R278,623.60


   Date of transaction:                             4 March 2025
   Number of securities:                            147,490
   Average weighted purchase price per share:       R363.1914
   Highest price per share:                         R368.92
   Lowest price per share:                          R355.50
   Total transaction value:                         R53,567,099.59


   Date of transaction:                             5 March 2025
   Number of securities:                            49,164
   Average weighted purchase price per share:       R366.5947
   Highest price per share:                         R367.21
   Lowest price per share:                          R364.00
   Total transaction value:                         R18,023,261.83



 Johannesburg
 5 March 2025



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 12 683 7060
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 focused on the responsible production of copper, premium iron ore and crop nutrients – future-
enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class
operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into
structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how
we mine, process, move and market our products to our customers – safely, efficiently and responsibly. Our Sustainable Mining Plan commits us to a
series of stretching goals over different time horizons to ensure we contribute to a healthy environment, create thriving communities and build trust as a
corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for
our shareholders, for the benefit of the communities and countries in which we operate, and for society as a whole. Anglo American is re-imagining
mining to improve people’s lives.

Anglo American is currently implementing a number of major structural changes to unlock the inherent value in its portfolio and thereby accelerate
delivery of its strategic priorities of Operational excellence, Portfolio simplification, and Growth. This portfolio transformation will focus Anglo American
on its world-class resource asset base in copper, premium iron ore and crop nutrients, once the sale of our steelmaking coal and nickel businesses, the
demerger of our PGMs business (Anglo American Platinum), and the separation of our iconic diamond business (De Beers) have been completed.
www.angloamerican.com