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ANGLO AMERICAN PLATINUM LIMITED - Sale of Shares by Directors of a Major Subsidiary Company

Release Date: 26/04/2021 10:30
Code(s): AMS     PDF:  
Wrap Text
Sale of Shares by Directors of a Major Subsidiary Company

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

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 Long-Term Incentive Plan (“LTIP”) (the
“scheme”).

This announcement relates to the sale of shares pursuant the vesting of LTIP awards granted on 20 April 2018.
These awards are subject to a three-year holding period and have vested on 20 April 2021. In addition to the
three-year holding period, the LTIP awards are also subject to stringent performance conditions and vest only
if the pre-determined performance conditions are met. The details of the scheme are set out in the
Remuneration Report contained within the Company’s 2020 Integrated Report.

The following transactions are on market sale of LTIP shares associated with the vesting of the share awards
after the three-year holding period and the level of performance conditions met:

 Director                            :     Lorato Nelly Mogaki
 Company                             :     Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                                           American Platinum)
 Date of transaction                 :     23 April 2021
 Nature of transaction               :     On market sale of LTIP shares vested on 20 April 2021
 Class of securities                 :     Ordinary shares
 Number of shares sold               :     3,432
 Minimum selling price                     R2030.00
 Maximum selling price                     R2084.46
 Average selling price               :     R2051.01
 Total value of transaction          :     R7,039,066.32
 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                 :     23 April 2021
 Nature of transaction               :     On market sale of LTIP shares vested on 20 April 2021
 Class of securities                 :     Ordinary shares
 Number of shares sold               :     7,411
 Minimum selling price                     R2030.00
 Maximum selling price                     R2084.46
 Average selling price               :     R2051.01
 Total value of transaction          :     R15,200,035.11
 Nature of interest                  :     Direct beneficial
 Clearance obtained                  :     Yes



Johannesburg
26 April 2021

Sponsor
Merrill Lynch South Africa (Pty) Limited

Date: 26-04-2021 10:30:00
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