ANGLO AMERICAN PLATINUM LIMITED - Dealings In Securities By Directors Of The Company And Directors Of A Major Subsidiary

Release Date: 26/04/2018 11:25
Code(s): AMS
 
Wrap Text
Dealings In Securities By Directors Of The Company And Directors Of A Major Subsidiary

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 BY DIRECTORS OF THE COMPANY AND DIRECTORS OF A MAJOR
SUBSIDIARY

As required in terms of the JSE Limited Listings Requirements, Anglo American
Platinum hereby advises shareholders of the sale of shares in terms of the
Company’s Bonus Share Plan (“BSP”) and Long Term Incentive Plan (“LTIP”) (together,
the “schemes”).

Today’s announcement relates to the sale of shares for the vesting of BSP awards
granted on 16 April 2015; and LTIP and non-conditional LTIP (LTIPNC) awards granted
on 16 April 2015 which awards have vested on 16 April 2018, as per the rules of
the two schemes. The BSP and LTIPNC awards are subject to a three-year holding
period. The LTIP awards are subject to certain stringent performance conditions
and vest after a three-year period, only if the pre-determined performance
conditions are met. The details of the two schemes are set out in the Remuneration
Report contained within the Company’s 2017 Integrated Report.
________________________________________________________________________________

SALE OF SHARES GRANTED IN TERMS OF BSP AWARDS VESTED ON 16 April 2018

Director                             :   Ms L N Mogaki
Company                              :   Rustenburg Platinum Mines Limited (a
                                         major subsidiary of Anglo American
                                         Platinum Limited)
Date of transaction                  :   25 April 2018
Nature of transaction                :   On market sale of BSP shares vested on 16
                                         April 2018
Class of securities                  :   Ordinary shares
Number of shares sold                :   3 602
Average selling price                :   R342.33*
Total value of transaction           :   R1 233 057.89
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes

SALE OF SHARES GRANTED IN TERMS OF LTIP CONDITIONAL AWARDS VESTED ON 16 APRIL
2018


Director                             :   Mrs L N Mogaki
Company                              :   Rustenburg Platinum Mines Limited (a
                                         major subsidiary of Anglo American
                                         Platinum Limited)
Date of transaction                  :   25 April 2018
Nature of transaction                :   On market sale of LTIP shares vested on
                                         16 April 2018
Class of securities                  :   Ordinary shares
Number of shares sold                :   2 534
Selling price                        :   R342.33*
Value of transaction                 :   R867 453.83
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes

* Selling price achieved in one transaction on late sale of shares outside of
bulk sale.

________________________________________________________________________________
Johannesburg
26 April 2018

Sponsor
Merrill Lynch South Africa (Pty) Limited

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