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KUMBA IRON ORE LIMITED - Dealing in securities by a major subsidiary in terms of the Companys Performance Share Plan rules

Release Date: 26/02/2025 11:10
Code(s): KIO     PDF:  
Wrap Text
Dealing in securities by a major subsidiary in terms of the Company’s Performance Share Plan rules

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")

DEALING IN SECURITIES BY A MAJOR SUBSIDIARY IN TERMS OF THE COMPANY'S PERFORMANCE SHARE PLAN RULES

In compliance with the JSE Limited Listings Requirements, Kumba announces that Sishen Iron Ore Company (Pty) Ltd has, in accordance with paragraph 8.1.1
of the amended Performance Share Plan ("PSP") approved by shareholders at the Annual General Meeting held on 10 May 2019, purchased Kumba shares in
the open market on behalf of PSP participants to settle share awards made in terms of the PSP.

 Date of transaction:                             25 February 2025
 Nature of transaction:                           On-market purchase of securities
 Class of securities:                             Ordinary shares
 Number of securities:                            21,977
 Volume weighted average purchase price per       R361.1885
 share:
 Highest purchase price per share:                R363.53
 Lowest purchase price per share:                 R359.53
 Total transaction value:                         R7,937,839.66
 Nature of interest:                              Direct beneficial
 Clearance obtained:                              Yes

Johannesburg
26 February 2025

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

For further information, please contact:
Company secretary

Fazila Patel
Fazila.patel@angloamerican.com
Tel: +27 12 683 7060
Mobile: +27 83 297 2293

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 around the globe
including in China, Japan, South Korea and a number of countries in Europe and the Middle East.

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling
products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and
outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive
major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we
mine, process, move and market our products to our customers – safely, efficiently and responsibly. Our Sustainable Mining Plan commits us to a series of
stretching goals over different time horizons to ensure we contribute to a healthy environment, create thriving communities and build trust as a corporate
leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for our shareholders,
for the benefit of the communities and countries in which we operate, and for society as a whole. Anglo American is re-imagining mining to improve people's
lives.

Anglo American is currently implementing a number of major structural changes to unlock the inherent value in its portfolio and thereby accelerate delivery of
its strategic priorities of Operational excellence, Portfolio simplification, and Growth. This portfolio transformation will focus Anglo American on its world-class
resource asset base in copper, premium iron ore and crop nutrients, once the sale of our steelmaking coal and nickel businesses, the demerger of our PGMs
business (Anglo American Platinum), and the separation of our iconic diamond business (De Beers) have been completed.


Date: 26-02-2025 11:10:00
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