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KUMBA IRON ORE LIMITED - Dealings in securities by a director

Release Date: 13/06/2018 07:39
Code(s): KIO     PDF:  
Wrap Text
Dealings in securities by a director

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

DEALINGS IN SECURITIES BY A DIRECTOR

In terms of the Listings Requirements of the JSE Limited, the following information is disclosed:

Director:                                                Themba Mkhwanazi
Company:                                                 Kumba Iron Ore Limited
Grant date:                                              01 June 2018
Acceptance date:                                         13 June 2018
Nature of transaction:                                   Off market grant and acceptance of
                                                         conditional shares in terms of the Kumba
                                                         Long Term Incentive Plan (“LTIP”)
Class of securities:                                     Ordinary shares
Number of conditional shares:                            30,184
Deemed price per share:*                                 R353.01
Value of transaction:                                    R10,655,253.84
Vesting period:                                          Conditional shares vest after three years in
                                                         terms of the Kumba LTIP
Nature of interest:                                      Direct beneficial
Clearance obtained:                                      Yes

*The deemed price is based on transactions effected by the company over a period of 3 days.
The highest and lowest for each day were as follows:

Date                         Highest price       Lowest price
13 February 2018             R364.95             R342.15
14 February 2018             R361.50             R342.34
15 February 2018             R368.00             R341.64

13 June 2018

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

For further information, please contact:

Company Secretary
Celeste Appollis
celeste.appollis@angloamerican.com
Tel: +27 683 7063
Mobile: +27 83 452 6497

Media                                             Investors
Sinah Phochana                                    Penny Himlok
sinah.phochana@angloamerican.com                  penny.himlok@angloamerican.com
Tel: +27 12 683 7019                              Tel: +27 (12) 622 8324
Mobile: +27 76 066 0655                           Mobile: +27 82781 1888

Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high
quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen and Kolomela
mines in the Northern Cape Province. Kumba exports iron ore to customers in a range of geographical locations
around the globe including China, Japan, Korea and a number of countries in Europe and the Middle East.

www.angloamericankumba.com

Anglo American is a global diversified mining business and our products are the essential ingredients in almost
every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped
resources provides the metals and minerals to meet the growing consumer-driven demands of the world’s
developed and maturing economies. With our people at the heart of our business, we use innovative practices
and the latest technologies to discover new resources and mine, process, move and market our products to our
customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals, iron ore,
coal and nickel – we are the custodians of what are precious natural resources. We work together with our key
partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders,
the communities and countries in which we operate and for society at large. Anglo American is re-imagining
mining to improve people’s lives.
www.angloamerican.com

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