Wrap Text
ANG - Anglogold Ashanti - Announces pricing of equity offering
AngloGold Ashanti Limited
Incorporated in the Republic of South Africa
Registration Number: 1944/017354/06)
ISIN Number:ZAE000043485
JSE Share Code: ANG
("AngloGold Ashanti/Company")
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
AUSTRALIA, CANADA OR JAPAN OR ANY OTHER STATE OR JURISDICTION IN WHICH IT WOULD
BE UNLAWFUL TO DO SO
ANGLOGOLD ASHANTI ANNOUNCES PRICING OF EQUITY OFFERING (THE "OFFERING")
AngloGold Ashanti Limited ("AngloGold Ashanti") announces that its offering of
7,624,162 AngloGold Ashanti ordinary shares ("ordinary shares") in the form of
ordinary shares or AngloGold Ashanti American Depositary Shares ("ADSs") has
been priced at US$37.25 per ADS and ZAR288.32 per ordinary share. The price
represents a discount of approximately 3% to the closing price on the New York
Stock Exchange on 31 August 2009. The offering is scheduled to close on 8
September 2009. AngloGold Ashanti expects to receive proceeds of approximately
US$284 million from the offering.
A final prospectus supplement for the offering will be filed with the U.S.
Securities and Exchange Commission as soon as practicable. Copies of the final
prospectus supplement and prospectus may be obtained from the offices of UBS
Securities LLC, 1285 Avenue of the Americas, New York, New York 10019-6028,
telephone: 1-888-827-7275.
UBS acted as Sole Bookrunner for the offering.
ENDS
Johannesburg
1 September 2009
Sole bookrunner and JSE Sponsor : UBS
UBS Limited is acting for AngloGold Ashanti and no-one else in connection
with the Offering and will not be responsible to anyone other than AngloGold
Ashanti for providing the protections afforded to clients of UBS Limited nor for
providing advice in connection with the Offering.
This announcement shall not constitute an offer to sell or the solicitation of
an offer to buy securities, nor shall there be any sale of the securities
described herein, in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of such jurisdiction.
The Offering described in this announcement will only be addressed to and
directed at persons in member states of the European Economic Area, or EEA, who
are "Qualified Investors" within the meaning of Article 2(1)(e) of the European
Parliament and Council Directive 2003/71/EC, including any measure implementing
such Directive in any member state of the EEA (the "Prospectus Directive"). In
addition, in the United Kingdom, the offer will only be addressed to and
directed at (1) Qualified Investors who are investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order"), or high net worth entities falling within
Article 49(2)(a)-(d) of the Order or (2) persons to whom it may otherwise
lawfully be communicated (all such persons together being referred to as
"Relevant Persons"). The Shares will only be available to, and any invitation,
offer or agreement to subscribe, purchase or otherwise acquire such securities
will be engaged in only with, (1) in the United Kingdom, Relevant Persons and
(2) in any member state of the EEA other than the United Kingdom, Qualified
Investors. The Offering as described in this announcement will not be addressed
to the public in South Africa (as defined in, and in accordance with the terms
of, Chapter VI of the South African Companies Act, 1973 (as amended)).
This announcement includes "forward-looking information" within the meaning of
Section 27A of the Securities Act, and Section 21E of the Securities Exchange
Act of 1934, as amended. All statements other than statements of historical
fact are, or may be deemed to be, forward-looking statements, including, without
limitation those concerning: the economic outlook for the gold mining industry;
expectations regarding gold prices, production, costs and other operating
results; growth prospects and outlook of AngloGold Ashanti`s operations,
individually or in the aggregate, including the completion and commencement of
commercial operations at AngloGold Ashanti`s exploration and production projects
and the completion of announced mergers and acquisitions transactions (including
AngloGold`s proposed acquisition of a 50% indirect interest in Moto Goldmines
Limited); AngloGold Ashanti`s liquidity and capital resources and expenditure;
and the outcome and consequences of any pending litigation proceedings. These
forward-looking statements are not based on historical facts, but rather reflect
AngloGold Ashanti`s current expectations concerning future results and events
and generally may be identified by the use of forward-looking words or phrases
such as "believe", "aim", "expect", "anticipate", "intend", "foresee",
"forecast", "likely", "should", "planned", "may", "estimated", "potential" or
other similar words and phrases. Similarly, statements that describe AngloGold
Ashanti`s objectives, plans or goals are or may be forward-looking statements.
These forward-looking statements involve known and unknown risks, uncertainties
and other factors that may cause the AngloGold Ashanti`s actual results,
performance or achievements to differ materially from the anticipated results,
performance or achievements expressed or implied by these forward-looking
statements. Although AngloGold Ashanti believes that the expectations reflected
in these forward-looking statements are reasonable, no assurance can be given
that such expectations will prove to have been correct.
For a discussion of such risk factors, shareholders should refer to the annual
report on Form 20-F for the year ended 31 December 2008, which was filed with
the Securities and Exchange Commission on May 5, 2009 and amended on May 6, 2009
and the prospectus supplement referenced above. These factors are not
necessarily all of the important factors that could cause AngloGold Ashanti`s
actual results to differ materially from those expressed in any forward-looking
statements. Other unknown or unpredictable factors could also have material
adverse effects on future results.
Contacts
Alan Fine (Media) Tel: +27 (0) 11 637 6383 Mobile: +27 (0) 83 250 0757
E-mail: afine@anglogoldashanti.com
Joanne Jones (Media) Tel: +27 (0) 11 637- 6813 Mobile: +27 (0) 82 896 0306
E-mail: jjones@AngloGoldAshanti.com
Sicelo Ntuli (Investor) Tel: +27 (0) 11 637 6339 Mobile: +27 (0) 71 608 991
E-mail: sntuli@AngloGoldAshanti.com
Stewart Bailey (Investor) Tel: +1 212 836 4303 Mobile: +1 646 338 4337
E-mail: sbailey@AngloGoldAshanti.com
Date: 01/09/2009 09:48:11 Supplied by www.sharenet.co.za
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