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Anglo American Disposes Of A Further Stake In AECI

Release Date: 18/12/2001 15:32
Code(s): AFE
Wrap Text
AECI Limited
(Registration No. 1924/002590/06)
ISIN No. ZAE000000238

ANGLO AMERICAN DISPOSES OF A FURTHER STAKE IN AECI
AECI Limited ("AECI") is pleased to announce that Anglo American plc's South African subsidiary has disposed of a further 13,5 million shares in AECI (being 12,95% of AECI's ordinary share capital) to two institutional buyers for an undisclosed amount.
Anglo American now holds 3 575 711 AECI shares (3,43%). Accordingly, the orderly marketing agreement between Anglo American and AECI has terminated. In AECI's view this disposal effectively now removes the perceived
remaining overhang of shares in AECI and will further increase the liquidity of the AECI share. 18 December 2001 JP MORGAN

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