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KUMBA IRON ORE LIMITED - Acceptance of shares by director and directors of a major subsidiary

Release Date: 06/03/2019 17:16
Code(s): KIO     PDF:  
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Acceptance of shares by director and directors of a major subsidiary

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba" or "the Company")

ACCEPTANCE OF SHARES BY DIRECTOR AND DIRECTORS OF A MAJOR SUBSIDIARY

In terms of the JSE Limited Listings Requirements, the following information is disclosed:

Director:                                                Themba Moyeni Mkhwanazi
Company:                                                 Kumba Iron Ore Limited
Nature of transaction:                                   Off market acceptance of
                                                         Deferred Bonus Arrangement ("DBA") shares
                                                         granted
Class of securities:                                     Ordinary shares
Grant date:                                              1 March 2019
Acceptance date:                                         5 March 2019
Number of shares:                                        24,536
Grant price*:                                            R380.85
Value of transaction:                                    R 9,344,535.60
Vesting period:                                          Shares vest three years from the grant date
                                                         subject to certain employment conditions
                                                         being met in terms of the Kumba DBA
Nature of interest:                                      Direct beneficial
Clearance obtained:                                      Yes


Director:                                                Seboleleng Virginia Tyobeka
Company:                                                 Sishen Iron Ore Company Proprietary
                                                         Limited, a major subsidiary of Kumba
                                                         Iron Ore Limited
Nature of transaction:                                   Off market acceptance of
                                                         Deferred Bonus Arrangement ("DBA") shares
                                                         granted
Class of securities:                                     Ordinary shares
Grant date:                                              1 March 2019
Acceptance date:                                         5 March 2019
Number of shares:                                        4,011
Grant price*:                                            R380.85
Value of transaction:                                    R 1,527,589.35
Vesting period:                                          Shares vest three years from the grant date
                                                         subject to certain employment conditions
                                                         being met in terms of the Kumba DBA
Nature of interest:                                      Direct beneficial
Clearance obtained:                                      Yes



Director:                                                Philippus Johannes Pieter Fourie
Company:                                                 Sishen Iron Ore Company Proprietary
                                                         Limited, a major subsidiary of Kumba
                                                         Iron Ore Limited
Nature of transaction:                                   Off market acceptance of
                                                         Deferred Bonus Arrangement ("DBA") shares
                                                         granted
Class of securities:                                     Ordinary shares
Grant date:                                              1 March 2019
Acceptance date:                                         5 March 2019
Number of shares:                                        3,303
Grant price*:                                            R380.85
Value of transaction:                                    R 1,257,947.55
Vesting period:                                          Shares vest three years from the grant date
                                                         subject to certain employment conditions
                                                         being met in terms of the Kumba DBA
Nature of interest:                                      Direct beneficial
Clearance obtained:                                      Yes



* Grant price per share is based on a 3-day VWAP ended 21 February 2019.


06 March 2019
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

For further information, please contact:

Company Secretary
Celeste Appollis
celeste.appollis@angloamerican.com
Tel: +27 683 7063
Mobile: +27 82 941 7535

Investors                                        Media
Penny Himlok                                     Sinah Phochana
penny.himlok@angloamerican.com                   sinah.phochana@angloamerican.com
Tel: +27 12 622 8324                             Tel: +27 12 683 7019
Mobile: +27 82 781 1888                          Mobile: +27 76 066 0655

Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier
of high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen
and Kolomela mines in the Northern Cape Province. Kumba exports iron ore to customers in a range of
geographical locations around the globe including China, Japan, Korea and a number of countries in
Europe and the Middle East.
www.angloamericankumba.com

Notes to editors:
Anglo American is a global diversified mining business and our products are the essential ingredients in
almost every aspect of modern life. Our portfolio of world-class competitive mining operations and
undeveloped resources provides the metals and minerals to meet the growing consumer-driven
demands of the world’s developed and maturing economies. With our people at the heart of our
business, we use innovative practices and the latest technologies to discover new resources and mine,
process, move and market our products to our customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals,
iron ore, coal and nickel – we are the custodians of what are precious natural resources. We work
together with our key partners and stakeholders to unlock the sustainable value that those resources
represent for our shareholders, the communities and countries in which we operate and for society at
large. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com

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