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KUMBA IRON ORE LIMITED - Correction announcement: dealing in securities by a major subsidiary in terms of the companys PSP rules

Release Date: 21/02/2024 16:40
Code(s): KIO     PDF:  
Wrap Text
Correction announcement: dealing in securities by a major subsidiary in terms of the company’s PSP 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")

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

Shareholders are referred to the announcement released on the Stock Exchange News Service this afternoon in relation to the purchase by Sishen Iron Ore
Company (Pty) Ltd of Kumba shares on behalf of Performance Share Plan ("PSP") participants to settle share awards made in terms of the PSP, in accordance
with paragraph 8.1.1 of the amended PSP.

Shareholders are advised that the announcement omitted the required disclosure of the highest and lowest purchase prices per share, which disclosure is now
included in the table below.


 Date of transaction:                             20 February 2024
 Nature of transaction:                           On-market purchase of securities
 Class of securities:                             27,965
 Volume weighted average purchase price per       R544.1669
 share:
 Highest purchase price per share:                R548.93
 Lowest purchase price per share:                 R528.10
 Total transaction value:                         R15,217,627.36
 Nature of interest:                              Direct beneficial
 Clearance obtained:                              Yes


Johannesburg
21 February 2024

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, and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of
world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of our
business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our
customers – safely and sustainably.

As a responsible producer of copper, nickel, platinum group metals, diamonds (through De Beers), and premium quality iron ore and steelmaking coal – with
crop nutrients in development – we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining Plan
commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a corporate
leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the
communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining mining to improve people's
lives.


Date: 21-02-2024 04:40:00
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