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ANGLO AMERICAN PLAT LTD - Dealing in securities

Release Date: 26/05/2014 15:38
Code(s): AMS     PDF:  
Wrap Text
Dealing in securities

ANGLO AMERICAN PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
("Anglo American Platinum" or "the Company")

DEALINGS IN SECURITIES

In accordance with its strategic transformation objectives, Anglo American Platinum
established, during 2008 the Anglo Platinum Limited Kotula Trust ("Kotula Trust") Employee
Share Ownership Plan ("the Kotula Scheme"), in order to incentivise all its employees and
align their interest with those of shareholders in achieving growth in the Company’s value.
The Kotula Scheme empowers those employees of the Company who do not otherwise
participate in the Company’s share incentive plans to acquire shares in the Company,
subject to the provisions of the Kotula Scheme. The Kotula Scheme comprise of 43 373
recipients at present.

The Kotula Trust allocates 10 million Kotula units to participants annually, conditional on the
participant being in the employment of the Group on 31 March of that year. On each
vesting date, the beneficiaries become entitled to receive distribution shares and
correspondingly realise that portion of their Kotula shares that corresponds to the
distribution shares distributed by the Trust.

In terms of Schedule 14.9(d) of the Listings Requirements of the JSE Limited, the following
information, relating to dealings in securities by an associate trust, is disclosed:

Associate:                           The Kotula Trust
Company:                             Anglo American Platinum
Date of transaction:                 22 May 2014
Nature of transaction:               On-market sale of Anglo American Platinum ordinary
                                     shares
Number of securities sold:           297 143
Selling price:                       R467.2043
Value of transaction:                R138 826 487.31
Nature of interest:                  Direct, non-beneficial

Johannesburg
26 May 2014

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

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