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KUMBA IRON ORE LIMITED - Anglo Americans intention to exit its Kumba shareholding

Release Date: 16/02/2016 09:08
Code(s): KIO     PDF:  
Wrap Text
Anglo American’s intention to exit its Kumba shareholding

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
("Kumba" or the “Company”)

Anglo American’s intention to exit its Kumba shareholding
 
Kumba shareholders are referred to the announcement today by Anglo American plc (“Anglo American”),
at its annual results presentation, of its intention to exit its 69.7% shareholding in the Company, at the
appropriate time and in an orderly manner.

Anglo American and Kumba will work together to evaluate options for the exit and how the business can
be set up as a standalone entity that will create sustainable value for its stakeholders.

Shareholders will be updated on further developments in this regard.

Centurion
16th February 2016


For further information, please contact:

Media                                                    Investors
Nikki Wetzlar                                            Nerina Bodasing
Tel: +27 (0)12 683 7019                                  Tel: +27 (0)12 622 8324
Mobile: +27 (0) 82 561 7407                              Mobile: +27 (0) 82 940 7505




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

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