ANG - AngloGold Ashanti Limited - Anglogold Ashanti announces dealings in

Release Date: 15/05/2012 08:47
Code(s): ANG
 
Wrap Text

ANG - AngloGold Ashanti Limited - Anglogold Ashanti announces dealings in securities by directors in terms of the Anglogold share incentive scheme 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") DEALINGS IN SECURITIES BY DIRECTORS OF ANGLOGOLD ASHANTI LIMITED IN TERMS OF THE ANGLOGOLD SHARE INCENTIVE SCHEME In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that the following directors have exercised share options, after having received clearance to do so in terms of Listings Requirement 3.66. The options were granted in terms of the AngloGold Share Incentive Scheme. The Chief Executive Officer, Mr Mark Cutifani and the Chief Financial Officer, Mr Srinivasan Venkatakrishnan have exercised 86,293 and 70,375 share options respectively and have applied all of the after-tax proceeds, net of costs, to acquire 51,692 and 42,157 ordinary shares respectively in their own names. The total ordinary shares held by Mr Cutifani and Mr Venkatakrishnan post the transaction detailed below is 61,692 and 52,508 respectively, which represents approximately 0.016% and 0.014% respectively of the total ordinary shares in issue at the date of this announcement. AngloGold Ashanti discloses the following information on the above dealings as follows: OPTIONS EXERCISED Name of director M Cutifani S Venkatakrishnan Name of company AngloGold Ashanti AngloGold Ashanti Limited Limited
Date of transaction 14 May 2012 14 May 2012 Nature of transaction Off-market exercise of Off-market exercise of share options share options Class of security Options in respect of Options in respect of ordinary shares ordinary shares Date options granted Between 2008 and 2009 Between 2007 and 2009 Date options vesting Between 2011 and 2012 Between 2010 and 2012 Number of options 86,293 70,375 Exercised Option strike price NIL NIL Value of options exercised R22,945,947.27 R18,713,233.28 SHARES SOLD TO SETTLE TAX AND SELLING COSTS Name of director M Cutifani S Venkatakrishnan Name of company AngloGold Ashanti AngloGold Ashanti Date of transaction 14 May 2012 14 May 2012 Nature of transaction On-market sale of On-market sale of shares to fund tax shares to fund tax liability in rela- liability in rela- tion of the above tion of the above options and costs options and costs
incurred in such incurred in such
Email this JSE Sens Item to a Friend.

Share This Story