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Sale of shares by directors of a major subsidiary company with respect to the vesting of share awards

Published: 2023-03-31 15:45:40 ET
<<<  go to JSE:AMS company page
                                                                                                                            [OFFICIAL]




Anglo American Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(“The Company" or "Anglo American Platinum")


SALE OF SHARES BY DIRECTORS OF A MAJOR SUBSIDIARY COMPANY WITH RESPECT TO THE VESTING OF SHARE AWARDS

As required in terms of the JSE Limited Listings Requirements, Anglo American Platinum hereby advises shareholders of the sale
of shares in terms of the Company’s Bonus Share Plan (“BSP”) and.

This announcement relates to the sale of shares with respect to the vesting of BSP awards granted on 1 March 2020 (BSP20) as
well as vesting of one third of the BSP awards granted on 1 March 2021 (BSP21). These awards are subject to a respective three-
year and two-year holding period and vested on 1 March 2023 after the termination of the Company’s closed period. The details
of the BSP scheme are set out in the Remuneration Report contained within the Company’s 2022 Governance Report.

The following transactions are on market sales of BSP shares to settle tax obligations associated with the vesting of the share
awards after the holding period:

 Director                               :    Gary Alan Humphries
 Company                                :    Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                             Platinum)
 Date of transaction                    :    2 March 2023
 Nature of transaction                  :    On market sale of BSP20 shares vested on 1 March 2023
 Class of securities                    :    Ordinary shares
 Number of shares sold                  :    2,275
 Minimum selling price                       R977.70
 Maximum selling price                       R1,040.81
 Average selling price                  :    R1,003.96
 Total value of transaction             :    R2,284,007.18
 Nature of interest                     :    Direct beneficial
 Clearance obtained                     :    Yes

 Director                               :    Gary Alan Humphries
 Company                                :    Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                             Platinum)
 Date of transaction                    :    2 March 2023
 Nature of transaction                  :    On market sale of BSP21 shares vested on 1 March 2023
 Class of securities                    :    Ordinary shares
 Number of shares sold                  :    321
 Minimum selling price                       R1,040.81
 Maximum selling price                       R977.70
 Average selling price                  :    R1,003.96
 Total value of transaction             :    R322,271.16
 Nature of interest                     :    Direct beneficial
 Clearance obtained                     :    Yes

 Director                               :    Prakashim Moodliar
 Company                                :    Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                             Platinum)
 Date of transaction                    :    2 March 2023
                                                                                                           [OFFICIAL]




Nature of transaction        :   On market sale of BSP20 shares vested on 1 March 2023
Class of securities          :   Ordinary shares
Number of shares sold        :   1,586
Minimum selling price            R1,040.81
Maximum selling price            R977.70
Average selling price        :   R1,003.96
Total value of transaction   :   R1,592,279.29
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes

Director                     :   Prakashim Moodliar
Company                      :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                 Platinum)
Date of transaction          :   2 March 2023
Nature of transaction        :   On market sale of BSP21 shares vested on 1 March 2023
Class of securities          :   Ordinary shares
Number of shares sold        :   278
Minimum selling price            R1,040.81
Maximum selling price            R977.70
Average selling price        :   R1,003.96
Total value of transaction   :   R279,100.66
Nature of interest           :   Direct beneficial

Director                     :   Craig Miller
Company                      :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                 Platinum)
Date of transaction          :   2 March 2023
Nature of transaction        :   On market sale of BSP20 shares vested on 1 March 2022
Class of securities          :   Ordinary shares
Number of shares sold        :   1,168
Minimum selling price            R1,040.81
Maximum selling price            R977.70
Average selling price        :   R1,003.96
Total value of transaction   :   R1,172,625.28
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes

Director                     :   Craig Miller
Company                      :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                 Platinum)
Date of transaction          :   2 March 2023
Nature of transaction        :   On market sale of BSP21 shares vested on 1 March 2022
Class of securities          :   Ordinary shares
Number of shares sold        :   287
Minimum selling price            R1,040.81
Maximum selling price            R977.70
Average selling price        :   R1,003.96
Total value of transaction   :   R288,136.52
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes

Director                     :   Yvonne Mfolo
Company                      :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                 Platinum)
Date of transaction          :   2 March 2023
Nature of transaction        :   On market sale of BSP21 shares vested on 1 March 2022
                                                                                                                         [OFFICIAL]




 Class of securities                       :   Ordinary shares
 Number of shares sold                     :   225
 Minimum selling price                         R1,040.81
 Maximum selling price                         R977.70
 Average selling price                     :   R1,003.96
 Total value of transaction                :   R225,890.82
 Nature of interest                        :   Direct beneficial
 Clearance obtained                        :   Yes

 Director                                  :   Riaan Blignaut
 Company                                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                               Platinum)
 Date of transaction                       :   2 March 2023
 Nature of transaction                     :   On market sale of BSP21 shares vested on 1 March 2022
 Class of securities                       :   Ordinary shares
 Number of shares sold                     :   246
 Minimum selling price                         R1,040.81
 Maximum selling price                         R977.70
 Average selling price                     :   R1,003.96
 Total value of transaction                :   R246,973.96
 Nature of interest                        :   Direct beneficial
 Clearance obtained                        :   Yes

 Director                                  :   Natascha Viljoen
 Company                                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                               Platinum)
 Date of transaction                       :   2 March 2023
 Nature of transaction                     :   On market sale of BSP21 shares vested on 1 March 2022
 Class of securities                       :   Ordinary shares
 Number of shares sold                     :   467
 Minimum selling price                         R1,040.81
 Maximum selling price                         R977.70
 Average selling price                     :   R1,003.96
 Total value of transaction                :   R468,848.95
 Nature of interest                        :   Direct beneficial
 Clearance obtained                        :   Yes


Johannesburg
31 March 2023

Sponsor
Merrill Lynch South Africa (Pty) Limited




For further information, please contact:

Investors:                                                                Media:
Franscelene Moodley                                                         Nomonde Ndwalaza
(SA) +27 (0) 79 877 7848                                           (SA) +27 (0) 66 311 1133
franscelene.moodley@angloamerican.com                              nomonde.ndwalaza@angloamerican.com
                                                                                                                         [OFFICIAL]




Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum
group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations
are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine and smelter in Zimbabwe. Anglo American
Platinum is committed to the highest standards of safety and continues to make a meaningful and sustainable difference in the
development of the communities around its operations.

www.angloamericanplatinum.com

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of
modern 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