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ANGLOGOLD ASHANTI LIMITED - Dealings in securities

Release Date: 14/05/2020 09:28
Code(s): ANG     PDF:  
Wrap Text
Dealings in securities

AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN: ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
 (“AngloGold Ashanti” or the “Company”)



NEWS RELEASE

DEALING IN SECURITIES BY A PRESCRIBED OFFICER AND DIRECTOR OF A MAJOR SUBSIDIARY OF
ANGLOGOLD ASHANTI LIMITED

In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that a prescribed officer and director
of a major subsidiary company of AngloGold Ashanti have dealt in securities of the Company, after having received
clearance to do so in terms of JSE Listings Requirement 3.66.


DEALING IN SECURITIES BY A PRESCRIBED OFFICER
The transactions by the prescribed officer were pursuant to a sign-on award. In terms of the award, the prescribed
officer received AngloGold Ashanti shares to the value of US$900,000 with 50% of the award having vested on
1 April 2020, and the balance vesting on 1 April 2021.

The number of shares allocated has been calculated using the five-day volume weighted average price of the JSE
AngloGold Ashanti share price as well as the five-day USD/ZAR exchange rate prior to 1 April 2019.

                Vesting date            Value of shares          Value of shares           Number of AngloGold
                                                  (USD)                 (ZAR) (1)             Ashanti shares (2)
                1 April 2020                      450,000                6,513,255                           32,475
                1 April 2021                      450,000                6,513,255                           32,476
                Total                             900,000              13,026,510                            64,951
                (1) Exchange rate five-day USD/ZAR exchange rate prior to 1 April 2019: 1 USD: 14.4739 ZAR
                (2) JSE five-day VWAP prior to 1 April 2019: ZAR200.56


The Company has awarded the first tranche of the sign-on bonus to the prescribed officer as detailed below,
following an on-market purchase of AngloGold Ashanti shares by the Company:

 Name of prescribed officer                                   Pierre Chenard
 Name of company                                              AngloGold Ashanti Limited
 Nature of transaction                                        Off market award of the first tranche of the sign-on
                                                              bonus
 Class of security                                             Ordinary shares
 Date of transaction                                          12 May 2020
 Number of shares purchased and awarded                       32,475
 Price per share                                              R478.0560
 Value of transaction (excluding brokerage and other               R15,524,868.60
 fees)
 Nature and extent of interest                                     Direct beneficial
 Prior clearance to deal                                           Obtained



Shares sold to settle tax costs
The shares sold by the prescribed officer was to settle taxes related to sign-on shares awarded in terms of the
sign-on bonus, as detailed below:


   Name of prescribed officer                                        Pierre Chenard
   Name of company                                                   AngloGold Ashanti Limited
   Date of transaction                                               12 May 2020
   Nature of transaction                                             On-market sale of shares
   Class of security                                                 Ordinary Shares
   Number of shares sold                                             19,281
   Price per share                                                   R476.1178
   Value of transaction (excluding brokerage and
   other fees)                                                       R9,180,027.30
   Nature and extent of interest                                     Direct, Beneficial
   Prior clearance to deal                                           Obtained


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY
Details of the transaction are provided below:

 Name of director                                               Michael Kirkwood
 Name of company                                                AngloGold Ashanti Limited
 Date of transaction                                            12 May 2020
 Nature of transaction                                          On-market sale of American Depositary Receipts
 Class of security                                              American Depositary Receipts*
 Number of ADRs purchased                                       12,000
 Volume-weighted Average Price                  per    ADR      US$26.43204166
 including commission and fees
 Value of transaction                                           US$317,184.50
 Nature and extent of interest                                  Direct beneficial
 Prior clearance to deal                                        Obtained
*1 American Depositary Receipt is equivalent to 1 AngloGold Ashanti ordinary share
ENDS
14 May 2020

Johannesburg
JSE Sponsor: The Standard Bank of South Africa Limited


CONTACTS

Media
Chris Nthite                   +27 11 637 6388/+27 83 301 2481     cnthite@anglogoldashanti.com
General inquiries                                                  media@anglogoldashanti.com


Investors
Sabrina Brockman               +1 646 880 4526/ +1 646 379 2555    sbrockman@anglogoldashanti.com
Yatish Chowthee                +27 11 637 6273 / +27 78 364 2080   yrchowthee@anglogoldashanti.com
Fundisa Mgidi                   +27 11 6376763 / +27 82 821 5322   fmgidi@anglogoldashanti.com


Website: www.anglogoldashanti.com

Date: 14-05-2020 09:28:00
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