Anglo American plc further reduces its shareholding in Anglo American Platinum through a second accelerated bookbuild
27 November, 2024
Anglo American plc shareholding reduces to 66.7%
Further to the announcements released by Anglo American plc and Anglo American Platinum (the Company) on 26 November 2024, Anglo American South Africa Proprietary Limited ("AASA"), a wholly-owned subsidiary of Anglo American plc, has disposed of approximately 6.6% beneficial interest in the securities of the Company, through a second accelerated bookbuild.
Following the disposal AASA now holds 66.7% of the issued ordinary shares in the Company. The disposal follows AASA’s placement of approximately 5.3% beneficial interest in the securities of the Company in September 2024, following which AASA held 73.3% of the issued ordinary shares in the Company.
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. 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.