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ANGLO AMERICAN PLATINUM LIMITED - Sale of Shares by Directors of a Major Subsidiary Company with Respect to the Vesting of Share Awards

Release Date: 01/03/2021 16:34
Code(s): AMS     PDF:  
Wrap Text
Sale of Shares by Directors of a Major Subsidiary Company with Respect to the Vesting of Share Awards

ANGLO AMERICAN PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(“Anglo American Platinum” or “the Company”)

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”).

This announcement relates to the sale of shares with respect to the vesting of BSP awards granted on
15 February 2018. These awards are subject to a three-year holding period and vested on 15 February 2021
but only became tradeable on 22 February 2021 subsequent to 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
2019 Integrated 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 three-year holding period:

 Director                            :     Lorato Nelly Mogaki
 Company                             :     Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                                           American Platinum)
 Date of transaction                 :     25 February 2021
 Nature of transaction               :     On market sale of a portion of BSP shares vested on 15 February
                                           2021
 Class of securities                 :     Ordinary shares
 Number of shares sold               :     3,760
 Minimum selling price                     R1,761.00
 Maximum selling price                     R1,865.08
 Average selling price               :     R1,786.10
 Total value of transaction          :     R6,715,736.00
 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                 :     25 February 2021
 Nature of transaction               :     On market sale of BSP shares vested on 15 February 2021
 Class of securities                 :     Ordinary shares
 Number of shares sold               :     7,580
 Minimum selling price                     R1,761.00
 Maximum selling price                     R1,865.08
 Average selling price               :     R1,786.10
 Total value of transaction          :     R13,538,638.00
 Nature of interest                  :     Direct beneficial
 Clearance obtained                  :     Yes



Johannesburg
1 March 2021

Sponsor
Merrill Lynch South Africa (Pty) Limited

Date: 01-03-2021 04:34:00
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