Wrap Text
Acceptance of award of forfeitable shares by directors and the company secretary
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”)
ACCEPTANCE OF AWARD OF FORFEITABLE SHARES BY DIRECTORS AND THE COMPANY SECRETARY
In terms of the JSE Limited Listings Requirements, the following information is disclosed pursuant to the grant and acceptance of forfeitable shares in
terms of the Rules of the Company’s Bonus and Retention Plan (“BRP”):
Director: Nompumelelo Dessederia Zikalala
Company: Kumba Iron Ore Limited
Grant date: 1 March 2022
Acceptance date: 14 March 2022
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of shares: 3,247
(33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that the director remains
in the employ of the Anglo American plc group of companies)
Award price per share*: R628.88
Value of transaction: R2,041,973.36
Nature of interest: Direct beneficial
Clearance obtained: Yes
Director: Bothwell Anesu Mazarura
Company: Kumba Iron Ore Limited
Grant date: 1 March 2022
Acceptance date: 14 March 2022
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of shares: 3,930
(33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that the director remains
in the employ of the Anglo American plc group of companies)
Award price per share*: R628.88
Value of transaction: R2,471,498.40
Nature of interest: Direct beneficial
Clearance obtained: Yes
Company Secretary: Fazila Patel
Company: Kumba Iron Ore Limited
Grant date: 1 March 2022
Acceptance date: 14 March 2022
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of shares: 1,711
(33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that the company
secretary remains in the employ of the Anglo American plc group of companies)
Award price per share*: R628.88
Value of transaction: R1,076,013.68
Nature of interest: Direct beneficial
Clearance obtained: Yes
* Award price per share is based on a 3-day VWAP ended 24 February 2022 of a Kumba share. The highest and lowest prices traded for Kumba shares
over each day were as follows:
Date Highest price Lowest price
per share per share
22 February 2022 R676.00 R627.92
23 February 2022 R663.57 R639.95
24 February 2022 R636.00 R592.50
Centurion
14 March 2022
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
For further information, please contact:
Company Secretary
Fazila Patel
fazila.patel@angloamerican.com
Tel: +27 12 683 7060
Mobile: +27 83 297 2293
Investors Media
Penny Himlok Sinah Phochana
penny.himlok@angloamerican.com sinah.phochana@angloamerican.com
Tel: +27 12 622 8324 Tel: +27 12 683 7019
Mobile: +27 82 781 1888 Mobile: +27 76 066 0655
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 around the
globe including in China, Japan, South Korea and a number of countries in Europe and the Middle East.
www.angloamericankumba.com
Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of
world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of our
business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our
customers – safely and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and metallurgical coal for steelmaking,
and nickel – with crop nutrients in development – we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable
Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust
as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for
the benefit of the communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining mining
to improve people’s lives.
www.angloamerican.com
Date: 14-03-2022 05:45:00
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