Wrap Text
Completion Of Demerger And London Listing
Valterra Platinum Limited
(previously Anglo American Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
JSE Share Code: VAL
LSE Share Code: VALT
ISIN: ZAE000013181
("the Company" or "Valterra Platinum")
2 June 2025
VALTERRA PLATINUM LIMITED – COMPLETION OF DEMERGER AND LONDON LISTING
Shareholders are referred to the announcement by Anglo American plc ("Anglo American") announcing that it has
completed the demerger of 51% of Anglo American's interest in Valterra Platinum, which took effect on Saturday
31 May 2025.
Valterra Platinum also announces that its entire issued share capital, consisting of 265,292,206 ordinary shares, has
today been admitted to the Equity Shares (International Commercial Companies Secondary Listing) category of the
Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's Main Market for listed
securities under the ticker symbol "VALT". This listing is alongside Valterra Platinum's existing primary listing on the
Johannesburg Stock Exchange with the share code "VAL" and ISIN ZAE000013181.
Craig Miller, CEO of Valterra Platinum said "Today marks a significant milestone as Valterra Platinum joins the main
market of the London Stock Exchange, complementing our primary listing in Johannesburg. Our secondary listing is
a pivotal step in our evolution as a stand-alone, platinum group metals business. Not only does this listing broaden
our shareholder base and access to our world-class assets but it also underscores our commitment to long-term value
creation for the benefit of all our stakeholders. I welcome all our new shareholders and look forward to the future
with real excitement. Our industry-leading resource base, competitive cost position and integrated processing
capacity ideally positions us to make the most of the PGM industry, where there is a strong case for enduring demand.
As a team, we're committed to making the most of the opportunities that lie ahead and creating significant and
sustainable value for all our stakeholders."
Sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
For further information, please contact:
Investors: Media:
Theto Maake Cindy Maneveld
theto.maake@valterraplatinum.com cindy.maneveld@valterraplatinum.com
Marcela Grochowina
marcela.grochowina@valterraplatinum.com
About Valterra Platinum
Valterra Platinum Limited is one of the world's leading integrated producers of platinum group metals (PGMs) with
a primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange. With
a portfolio of outstanding long-life mines and proven processing assets, we responsibly and safely mine precious
metals and associated co-products from our rich mineral resource endowment and process the PGMs and co-
products at our smelting and refining operations located in South Africa and Zimbabwe. Our fully integrated value
chain is supported by marketing hubs in London, Singapore and Shanghai to deliver tailored solutions for our
customers. The Company will continue to be disciplined in its capital allocation, integrating sustainability into
everything it does, to support the company's investment in its mining and processing capabilities, market
development activities to grow and commercialise new demand segments, continue to make a meaningful
difference to the development of the communities around our operations and return consistent and superior returns
to shareholders. Valterra Platinum is committed to zero harm, capital allocation discipline and delivering on our
value-accretive strategic priorities as a standalone, leading integrated PGM producer, guided by our purpose of
unearthing value to better our world.
Disclaimer
The Company makes no representation or warranty as to the appropriateness, accuracy, completeness or reliability
of the information in this announcement.
This announcement is for information purposes only and is not intended to and does not constitute or form part of
any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any
solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any
security. No offer of shares will be made as part of the demerger of the Company from the Anglo American Group
(the Demerger) or in connection with the admission of the Company's ordinary shares (Admission) to the Equity
Shares (International Commercial Companies Secondary Listing) category of the Official List of the Financial
Conduct Authority (FCA) and to trading on the LSE's Main Market for listed securities and the prospectus published
by the Company on 8 April 2025 (the Prospectus) was published solely in connection with the Demerger and
Admission.
The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as
amended, and neither the Anglo American Group nor the Company intend to make a public offer of securities in the
United States.
Date: 02-06-2025 09:05:00
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