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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: 14/03/2024 16:15
Code(s): AMS     PDF:  
Wrap Text
Sale of Shares by Directors of a Major Subsidiary Company with Respect to the Vesting of Share Awards

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").

This announcement relates to the sale of shares with respect to the vesting of BSP awards granted on 1 March 2021 (BSP21) as
well as vesting of one third of the BSP awards granted on 1 March 2022 (BSP22). These awards are subject to a respective three-
year and two-year holding period and vested on 1 March 2024 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 2023 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 and CEO            :    Craig Miller
 Company                     :    Anglo American Platinum
 Date of transaction         :    6 March 2024
 Nature of transaction       :    On market sale of BSP21 shares vested on 1 March 2024
 Class of securities         :    Ordinary shares
 Number of shares sold       :    586
 Minimum selling price            R689.00
 Maximum selling price            R717.52
 Average selling price       :    R697.59
 Total value of transaction  :    R408,789.49
 Nature of interest          :    Direct beneficial
 Clearance obtained          :    Yes

 Director and CEO            :    Craig Miller
 Company                     :    Anglo American Platinum
 Date of transaction         :    6 March 2024
 Nature of transaction       :    On market sale of BSP22 shares vested on 1 March 2024
 Class of securities         :    Ordinary shares
 Number of shares sold       :    374
 Minimum selling price            R689.00
 Maximum selling price            R717.52
 Average selling price       :    R697.59
 Total value of transaction  :    R260,899.78
 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          :   6 March 2024
Nature of transaction        :   On market sale of BSP21 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   231
Minimum selling price            R689
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R161,143.98
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          :   6 March 2024
Nature of transaction        :   On market sale of BSP22 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   197
Minimum selling price            R689
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R137,425.82
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          :   6 March 2024
Nature of transaction        :   On market sale of BSP21 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   262
Minimum selling price            R689
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R182,769.36
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          :   6 March 2024
Nature of transaction        :   On market sale of BSP22 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   224
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R156,260.83
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          :   6 March 2024
Nature of transaction        :   On market sale of BSP21 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   213
Minimum selling price            R689
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R148,587.31
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          :   6 March 2024
Nature of transaction        :   On market sale of BSP22 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   187
Minimum selling price            R689.00
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R130,449.89
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes

Director                     :   Agit Singh
Company                      :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                 Platinum)
Date of transaction          :   6 March 2024
Nature of transaction        :   On market sale of BSP21 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   137
Minimum selling price            R689
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R95,570.24
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes

Director                     :   Agit Singh
Company                      :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                 Platinum)
Date of transaction          :   6 March 2024
Nature of transaction        :   On market sale of BSP22 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   124
Minimum selling price            R689
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R86,501.53
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes
                                                                                                                          
Director                     :   Virginia Tyobeka
Company                      :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                 Platinum)
Date of transaction          :   7 March 2024
Nature of transaction        :   On market sale of BSP22 shares vested on 1 March 2024
Class of securities          :   Ordinary shares
Number of shares sold        :   142
Minimum selling price            R689
Maximum selling price            R717.52
Average selling price        :   R697.59
Total value of transaction   :   R102,973.96
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Johannesburg
14 March 2024

Sponsor
Merrill Lynch South Africa (Pty) Limited



 For further information, please contact:

 Investors:                                                    Media:
 Theto Maake                                                  Keitumetse Masike
(SA) +27 (0)83 489 515                                       Tel: +27 (0)66 484 0227
theto.maake@angloamerican.com                         keitumetse.masike@angloamerican.com
 platinumIR@angloamerican.com

Marcela Grochowina
(SA) +27 (0) 82 400 3222
marcela.grochowina@gloamerican.com
platinumIR@angloamerican.com


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 copper, nickel, platinum group metals, diamonds (through De Beers), and premium quality iron ore
and steelmaking coal – 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

Date: 14-03-2024 04:15:00
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