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Dealings in securities by directors of the company

Published: 2023-03-03 15:05:37 ET
<<<  go to JSE:KIO company page
                                                                                                                                                        [OFFICIAL]




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”)


DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

Name of the Company                                                :   Kuma Iron Ore Limited
Nature of transaction                                              :   On-market sale of securities
Date of transaction                                                :   1 March 2023
Class of securities                                                :   Ordinary shares
Nature of Interest                                                 :   Direct beneficial
Clearance obtained                                                 :   Yes

Director                                                           : Themba Moyeni Mkhwanazi
Number of securities                                               : 15,296
                                                                     The sale of securities follows the vesting of shares allocated in April
                                                                     2018 in terms of the Bonus Share plan and in March 2020 and March 2021 in
                                                                     terms of the Bonus and Retention Share Plan and vesting of shares allocated in
                                                                     June 2018 in terms of the Long- Term Incentive plan to cover the income tax and
                                                                     costs of the transaction
Selling price*                                                     : R488.4326
Total transaction value                                            : R7,471,065.05

Director                                                           : Bothwell Anesu Mazarura
Number of securities                                               : 10,362
                                                                     The sale of securities follows the vesting of shares allocated in March 2020 and
                                                                     March 2021 in terms of the Bonus and Retention Share Plan and vesting of shares
                                                                     allocated in June 2018 in terms of the Long- Term Incentive Plan
Selling price*                                                     : R488.4326
Total transaction value                                            : R5,061,138.60

*Selling price is based on the VWAP of all trades effected by Kumba on behalf of its employees on 1 March 2023.

Highest price:         R500.50
Lowest price:          R477.16



Rosebank
3 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
                                                                                                                                                        [OFFICIAL]




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