Anglo American Platinum Demerger – Anglo American General Meeting results
30 April, 2025
Shareholders are referred to the announcement made by Anglo American plc ("Anglo American") regarding Anglo American shareholders’ approval of the demerger of Anglo American Platinum (proposed to be renamed Valterra Platinum Limited) following Anglo American’s General Meeting held today, 30 April (the “Demerger”). The effective date of the Demerger is expected to be Saturday, 31 May 2025.
As announced on 8 April 2025 and set out in a prospectus published on the same day, the Company is proceeding with the admission of its shares to the equity shares (international commercial companies secondary listing) category of the Official List of the UK Financial Conduct Authority (“FCA”) and to trading on the London Stock Exchange’s (“LSE”) Main Market for listed securities (“Admission”), which will be in addition to its existing primary listing on the Johannesburg Stock Exchange (“JSE”). Anglo American Platinum believes that the Admission will ensure that the high number of Anglo American's existing, UK-based shareholders will not be prevented from holding, or continuing to hold, shares in the Company following the Demerger. It is expected that Admission will occur at 8:00 am BST on Monday, 2 June 2025 whereafter the Company's shares will trade on the London Stock Exchange under the ticker symbol "VALT".
The prospectus is available on the Company’s website (www.angloamericanplatinum.com/investors/demerger). A copy has also been submitted to the National Storage Mechanism in the UK.
Sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities