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ANGLO AMERICAN PLC - Notification of transactions by a Director / PDMRs

Release Date: 26/02/2025 17:00
Code(s): AGL     PDF:  
Wrap Text
Notification of transactions by a Director / PDMRs

Anglo American plc (the "Company")
Registered office: 17 Charterhouse Street, London EC1N 6RA
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

Notification of transactions by a Director / PDMRs

The Company announces the following transactions in its Ordinary Shares ("Shares") by a Director and
PDMRs.

Vesting of Shares awarded at nil cost under the Company's Bonus Share Plan ("BSP"), Long Term
Incentive Plan ("LTIP") and Non-Cyclical Share Awards Plan ("NCA")

On 24 February 2025, awards made under the BSP, LTIP and NCA vested to a Director and PDMRs and
Shares were released and sold to cover withholding taxes as noted below at £23.881 per share.

Awards granted under the LTIP in 2022 vested at 24.5% based on the extent to which the relevant
performance conditions were met. Further details can be found in the Directors' remuneration report
of the Company's 2024 Integrated Annual Report (the "2024 remuneration report"), to be published
on 3 March 2025. The awards therefore vested to the following Director and PDMRs, to the extent
noted below. The remaining portion of the share awards did not vest and lapsed on the same date.

Awards granted under the BSP to PDMRs vest in two tranches. For grants made up to 2020, the first
tranche, equal to two thirds of the award, vests three years after grant and the remaining third vests
as a second tranche five years from grant. For grants made from 2021, the first tranche, equal to one
third of the award, vests two years after grant and the remaining two thirds vests as a second tranche
three years after grant. First tranches of the 2023 BSP awards and the second tranches of the 2020 and
2022 BSP awards have vested as set out below.

Awards granted under the NCA were made to Monique Carter, Al Cook and Helena Nonka following
the start of their employment with the Group as compensation for incentives forfeited from their
previous employers and are subject to continued employment. The award granted to Helena Nonka
vests in line with the 2022 LTIP.

Where applicable, Shares under award in the table below are inclusive of adjustments to existing
awards under the BSP, LTIP and NCA following the demerger of Anglo American's thermal coal
operations, as announced on 18 June 2021. Further details can be found in the 2021 Directors'
remuneration report.

All Shares were released net of the Shares sold to cover taxes as indicated below. The net Shares
released under all LTIP awards, except for those made to Matt Daley, Tom McCulley and Matt Walker
as these awards were granted prior to their respective appointments to the executive leadership team,
are subject to a further two-year holding period, during which time they may not be sold or
transferred.

 Director/PDMR            Share Plan       Shares        Shares    Shares sold for     Net Shares
                                            under        Vested                tax    retained by
                                           award                                    Director/PDMR
 Duncan Wanblad            2022 LTIP       90,978        22,289            10,497          11,792
 Duncan Wanblad            2020 BSP        11,053        11,053             5,206           5,847
 Duncan Wanblad            2022 BSP         9,289         9,289             4,375           4,914
 Duncan Wanblad            2023 BSP         5,581         5,581             2,630           2,951
 Monique Carter            2023 NCA        25,690        25,690            12,100          13,590
 Al Cook                   2023 NCA        16,106        16,106             7,586           8,520
 Matt Daley                2022 LTIP       14,180         3,474             1,637           1,837
 Matt Daley                2022 BSP         4,160         4,160             1,960           2,200
 Matt Daley                2023 BSP         1,998         1,998               942           1,056
 Ruben Fernandes           2022 LTIP       48,076        11,778             5,548           6,230
 Ruben Fernandes           2020 BSP         9,568         9,568             4,507           5,061
 Ruben Fernandes           2022 BSP         7,624         7,624             3,592           4,032
 Ruben Fernandes           2023 BSP         3,307         3,307             1,559           1,748
 Tom McCulley              2022 LTIP       31,532         7,725             3,423           4,302
 Tom McCulley              2022 BSP         4,804         4,804             2,129           2,675
 Tom McCulley              2023 BSP         3,477         3,477             1,639           1,838
 Helena Nonka              2022 NCA        35,121         8,604             2,786           5,818
 Helena Nonka              2023 BSP           807           807               262             545
 Richard Price             2022 LTIP       36,071         8,837             4,163           4,674
 Richard Price             2020 BSP         9,210         9,210             4,338           4,872
 Richard Price             2022 BSP         7,837         7,837             3,692           4,145
 Richard Price             2023 BSP         3,322         3,322             1,566           1,756
 Matt Walker               2022 LTIP       13,600         3,332             1,571           1,761
 Matt Walker               2022 BSP         2,856         2,856             1,346           1,510
 Matt Walker               2023 BSP         1,662         1,662               784             878

Note:
John Heasley, Alison Atkinson and Themba Mkhwanazi are not included in the table above. John Heasley and Alison Atkinson joined the
Group in 2023 and no awards have vested at this time. Awards under the BSP, LTIP and NCA for Themba Mkhwanazi are due to vest in March
2025 in accordance with the Johannesburg Stock Exchange (JSE) timetable.

In accordance with Article 19 of the UK Market Abuse Regulation, the relevant FCA notifications are
set out below.


1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Duncan Wanblad
2.    Reason for the notification
a)    Position / status                Chief Executive (Director/PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in March 2020, April 2022 and
                                       March 2023 under the terms of the Anglo American plc Long
                                       Term Incentive Plan and Bonus Share Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      22,289
                                       GBP 0.00                      11,053
                                       GBP 0.00                      9,289
                                       GBP 0.00                      5,581
e)    Aggregated information
      Aggregated volume                48,212
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Long Term Incentive Plan and Bonus Share Plan to cover tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    10,497
                                       GBP 23.881                    5,206
                                       GBP 23.881                    4,375
                                       GBP 23.881                    2,630
e)    Aggregated information
      Aggregated volume                22,708
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
 
1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Monique Carter
2.    Reason for the notification
a)    Position / status                People & Organisation Director (PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in June 2023 under the terms of the
                                       Anglo American plc Non-Cyclical Share Awards Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      25,690
e)    Aggregated information
      Aggregated volume                25,690
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Non-Cyclical Share Awards Plan to cover tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    12,100
e)    Aggregated information
      Aggregated volume                12,100
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
 
1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Al Cook
2.    Reason for the notification
a)    Position / status                CEO of De Beers (PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in March 2023 under the terms of
                                       the Anglo American plc Non-Cyclical Share Awards Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      16,106
e)    Aggregated information
      Aggregated volume                16,106
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Non-Cyclical Share Awards Plan to cover tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    7,586
e)    Aggregated information
      Aggregated volume                7,586
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON

1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Matt Daley
2.    Reason for the notification
a)    Position / status                Technical & Operations Director (PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in March 2022 and March 2023
                                       under the terms of the Anglo American plc Long Term Incentive
                                       Plan and Bonus Share Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      3,474
                                       GBP 0.00                      4,160
                                       GBP 0.00                      1,998
e)    Aggregated information
      Aggregated volume                9,632
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Long Term Incentive Plan and Bonus Share Plan to cover tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    1,637
                                       GBP 23.881                    1,960
                                       GBP 23.881                    942
e)    Aggregated information
      Aggregated volume                4,539
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON

1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Ruben Fernandes
2.    Reason for the notification
a)    Position / status                Regional Director, Americas (PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in March 2020, March 2022 and
                                       March 2023 under the terms of the Anglo American plc Long
                                       Term Incentive Plan and Bonus Share Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      11,778
                                       GBP 0.00                      9,568
                                       GBP 0.00                      7,624
                                       GBP 0.00                      3,307
e)    Aggregated information
      Aggregated volume                32,277
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Long Term Incentive Plan and Bonus Share Plan to cover tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    5,548
                                       GBP 23.881                    4,507
                                       GBP 23.881                    3,592
                                       GBP 23.881                    1,559
e)    Aggregated information
      Aggregated volume                15,206
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON

1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Tom McCulley
2.    Reason for the notification
a)    Position / status                CEO of Crop Nutrients (PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in March 2022 and March 2023
                                       under the terms of the Anglo American plc Long Term Incentive
                                       Plan and Bonus Share Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      7,725
                                       GBP 0.00                      4,804
                                       GBP 0.00                      3,477
e)    Aggregated information
      Aggregated volume                16,006
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Long Term Incentive Plan and Bonus Share Plan to cover tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    3,423
                                       GBP 23.881                    2,129
                                       GBP 23.881                    1,639
e)    Aggregated information
      Aggregated volume                7,191
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON

1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Helena Nonka
2.    Reason for the notification
a)    Position / status                Strategy & Sustainability Director (PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in October 2022 and March 2023
                                       under the terms of the Anglo American plc Non-Cyclical Share
                                       Awards Plan and Bonus Share Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      8,604
                                       GBP 0.00                      807
e)    Aggregated information
      Aggregated volume                9,411
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Cyclical Share Awards Plan and Bonus Share Plan to cover
                                       tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    2,786
                                       GBP 23.881                    262
e)    Aggregated information
      Aggregated volume                3,048
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON

1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Richard Price
2.    Reason for the notification
a)    Position / status                Legal & Corporate Affairs Director (PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in March 2020, March 2022 and
                                       March 2023 under the terms of the Anglo American plc Long
                                       Term Incentive Plan and Bonus Share Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      8,837
                                       GBP 0.00                      9,210
                                       GBP 0.00                      7,837
                                       GBP 0.00                      3,322
e)    Aggregated information
      Aggregated volume                29,206
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Long Term Incentive Plan and Bonus Share Plan to cover tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s) 
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    4,163
                                       GBP 23.881                    4,338
                                       GBP 23.881                    3,692
                                       GBP 23.881                    1,566
e)    Aggregated information
      Aggregated volume                13,759
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON

1.    Details of PDMR / person closely associated (PCA)
a)    Name                             Matt Walker
2.    Reason for the notification
a)    Position / status                CEO of Marketing (PDMR)
b)    Initial notification /           Initial notification
      amendment
3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Full name of the entity          Anglo American plc
b)    LEI                              549300S9XF92D1X8ME43
4.1   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Release of Shares awarded in April 2022 and March 2023 under
                                       the terms of the Anglo American plc Long Term Incentive Plan
                                       and Bonus Share Plan.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 0.00                      3,332
                                       GBP 0.00                      2,856
                                       GBP 0.00                      1,662
e)    Aggregated information
      Aggregated volume                7,850
      Price                            GBP 0.00
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON
4.2   Details of the transaction(s)
a)    Description of the financial     Anglo American plc Ordinary Shares of USD0.54945 each
      instrument
      Identification Code              GB00B1XZS820
b)    Nature of the transaction        Sale of Shares released under the terms of the Anglo American
                                       plc Long Term Incentive Plan and Bonus Share Plan to cover tax.
c)    Currency                         GBP - British Pound
d)    Price(s) and volume(s)
                                       Price(s)                      Volume(s)
                                       GBP 23.881                    1,571
                                       GBP 23.881                    1,346
                                       GBP 23.881                    784
e)    Aggregated information
      Aggregated volume                3,701
      Price                            GBP 23.881
f)    Date of the transaction          2025-02-24
g)    Place of the transaction         London Stock Exchange – XLON

The Company has a primary listing on the Main Market of the London Stock Exchange and secondary
listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the Namibia Stock
Exchange and the SIX Swiss Exchange.

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

Clare Davage
Deputy Company Secretary
26 February 2025

Date: 26-02-2025 05:00:00
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