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VALTERRA PLATINUM LIMITED - Notice of disposal of beneficial interests in the securities of the Company and announcement of total voting rights

Release Date: 03/06/2025 16:15
Code(s): VAL     PDF:  
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Notice of disposal of beneficial interests in the securities of the Company and announcement of total voting rights

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")


3 June 2025


Notice of disposal of beneficial interests in the securities of the Company in terms of Section 122 of the Companies
Act and announcement of total voting rights


South Africa - Section 122 Notice
Shareholders are referred to the announcements released by the Company and Anglo American plc ("Anglo
American") on 2 June 2025 in connection with the completion of the demerger of Valterra Platinum on 31 May 2025.
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 (the "Companies Act"), and paragraph 3.83(b)
of the JSE Limited Listings Requirements, shareholders are advised that Anglo American International Limited ("AAI")
(a wholly-owned subsidiary of Anglo American) has notified the Company that it has disposed of securities pursuant
to the demerger of Valterra Platinum such that it now holds 15.35% of the issued securities of the Company.
Following completion of the demerger, Anglo American continues to hold an approximate 19.9% interest in the
voting shares of Valterra Platinum , which includes the AAI interest as well as the interests of Epoch Investment
Holdings (RF) Proprietary Limited, Epoch Two Investment Holdings (RF) Proprietary Limited and Tarl Investment
Holdings (RF) Proprietary Limited (all three of which are investment companies within the Anglo American group).
As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notices with the
Takeover Regulation Panel.


United Kingdom – Total Voting Rights
In addition, the following notification is made in accordance with the UK Financial Conduct Authority's Disclosure
Guidance and Transparency Rule 5.6. As of 3 June 2025, the issued share capital of Valterra Platinum was
265,292,206 ordinary shares with a par value of 10 cents (South African) each. Valterra Platinum holds 2,721,405
shares in treasury which do not carry voting rights. The total number of voting rights in Valterra Platinum is therefore
262,570,801 and this information may be used by shareholders (and others with notification obligations) as the
denominator for the calculations by which they will determine whether they are required to notify their interest in,
or a change to their interest in, Valterra Platinum under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.


Responsibility statement
 
The board of directors of the Company (the "Board"), individually and collectively, accepts responsibility for the
accuracy of the information contained in this announcement which relates to the Company. To the best of the
Board's knowledge and belief, the information contained in this announcement is true and nothing has been
omitted which is likely to affect the importance of such information.


JSE sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities


For further information, please contact:


Investors:
Theto Maake
theto.maake@valterraplatinum.com


Marcela Grochowina
marcela.grochowina@valterraplatinum.com


Media:
Cindy Maneveld
cindy.maneveld@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 world class, long-life mines and the most efficient processing assets in the industry, we responsibly
mine, smelt and refine PGM's and associated co-products from our 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 integrate sustainability into everything
it does, support investment in its mining and processing capabilities, promote market development activities to
grow and commercialise new demand segments, continue to make a meaningful impact to 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: 03-06-2025 04:15:00
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