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ANGLO AMERICAN PLATINUM LIMITED - Dealing in Securities by Directors of the Company and Directors of a Major Subsidiary

Release Date: 18/04/2018 16:45
Code(s): AMS     PDF:  
Wrap Text
Dealing 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 vesting 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 vesting of BSP awards granted on 16 April 2015
and LTIP awards granted on 16 April 2015 which awards have vested on 16 April 2018,
as per the rules of the two schemes. The BSP 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.

VESTING OF BSP AWARDS GRANTED ON 16 APRIL 2015

Director                             :   Mr C I Griffith
Company                              :   Anglo American Platinum Limited
Date of transaction                  :   16 April 2018
Nature of transaction                :   Off market vesting of BSP shares accepted
                                         on 16 April 2015 in respect of the BSP
Class of securities                  :   Ordinary shares
Number of shares vested              :   17 531
Total value of transaction           :   R5 359 074.18*
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes


Director                             :   Ms S Macheli-Mkhabela
Company                              :   Rustenburg Platinum Mines Limited (a
                                         major subsidiary of Anglo American
                                         Platinum Limited)
Date of transaction                  :   16 April 2018
Nature of transaction                :   Off market vesting of BSP shares accepted
                                         on 16 April 2015 in respect of the BSP
Class of securities                  :   Ordinary shares
Number of shares vested              :   3 146
Total value of transaction           :   R961 704.83*
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes

Director                             :   Ms L N Mogaki
Company                              :   Rustenburg Platinum Mines Limited (a
                                         major subsidiary of Anglo American
                                         Platinum Limited)
Date of transaction                  :   16 April 2018
Nature of transaction                :   Off market vesting of BSP shares accepted
                                         on 16 April 2015 in respect of the BSP
Class of securities                  :   Ordinary shares
Number of shares vested              :   6 669
Total value of transaction           :   R2 038 655.28*
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes
Director                             :   Mr D W Pelser
Company                              :   Rustenburg Platinum Mines Limited (a
                                         major subsidiary of Anglo American
                                         Platinum Limited)
Date of transaction                  :   16 April 2018
Nature of transaction                :   Off market vesting of BSP shares accepted
                                         on 16 April 2015 in respect of the BSP
Class of securities                  :   Ordinary shares
Number of shares vested              :   8 891
Total value of transaction           :   R2 717 901.35*
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes

Director                             :   Mr I Pillay
Company                              :   Rustenburg Platinum Mines Limited (a
                                         major subsidiary of Anglo American
                                         Platinum Limited)
Date of transaction                  :   16 April 2018
Nature of transaction                :   Off market vesting of BSP shares accepted
                                         on 16 April 2015 in respect of the BSP
Class of securities                  :   Ordinary shares
Number of shares vested              :   5 679
Total value of transaction           :   R1 736 020.89*
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes


Director                             :   Mr V P Pillay
Company                              :   Rustenburg Platinum Mines Limited (a
                                         major subsidiary of Anglo American
                                         Platinum Limited)
Date of transaction                  :   16 April 2018
Nature of transaction                :   Off market vesting of BSP shares accepted
                                         on 16 April 2015 in respect of the BSP
Class of securities                  :   Ordinary shares
Number of shares vested              :   13 221
Total value of transaction           :   R4 041 544.68*
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes


Director                             :   Dr G L Smith
Company                              :   Rustenburg Platinum Mines Limited (a
                                         major subsidiary of Anglo American
                                         Platinum Limited)
Date of transaction                  :   16 April 2018
Nature of transaction                :   Off market vesting of BSP shares accepted
                                         on 16 April 2015 in respect of the BSP
Class of securities                  :   Ordinary shares
Number of shares vested              :   7 224
Total value of transaction           :   R2 208 313.95*
Nature of interest                   :   Direct beneficial
Clearance obtained                   :   Yes



*using the volume weighted average price of R305.69 on 17 April 2018
________________________________________________________________________________




VESTING OF LTIP CONDITIONAL AWARDS GRANTED ON 16 APRIL 2015
The LTIP conditional awards granted on 16 April 2015 vested on 16 April 2018.
These awards were subject to a three-year vesting period. The LTIP conditional
awards were subject to two performance criteria being met in terms of the LTIP
rules. As the performance conditions were partially satisfied, only 34.82% of the
awards have vested.

Director                            :   Mr C I Griffith
Company                             :   Anglo American Platinum Limited
Date of transaction                 :   16 April 2018
Nature of transaction               :   Off market vesting of conditional awards
                                        accepted on 16 April 2015 in terms of the
                                        LTIP
Class of securities                 :   Ordinary shares
Number of conditional awards
vested                              :   14 113
Value of transaction                :   R4 304 465.00***
Nature of interest                  :   Direct beneficial
Clearance obtained                  :   Yes

Director                            :   Ms S Macheli-Mkhabela
Company                             :   Rustenburg Platinum Mines Limited (a
                                        major subsidiary of Anglo American
                                        Platinum Limited)
Date of transaction                 :   16 April 2018
Nature of transaction               :   Off market vesting of conditional awards
                                        accepted on 16 April 2015 in terms of the
                                        LTIP
Class of securities                 :   Ordinary shares
Number of conditional awards
vested                              :   4 426
Value of transaction                :   R1 349 930.00***
Nature of interest                  :   Direct beneficial
Clearance obtained                  :   Yes

Director                            :   Ms L N Mogaki
Company                             :   Rustenburg Platinum Mines Limited (a
                                        major subsidiary of Anglo American
                                        Platinum Limited)
Date of transaction                 :   16 April 2018
Nature of transaction               :   Off market vesting of conditional awards
                                        accepted on 16 April 2015 in terms of the
                                        LTIP
Class of securities                 :   Ordinary shares
Number of conditional awards
vested                              :   4 691
Value of transaction                :   R1 430 755.00***
Nature of interest                  :   Direct beneficial
Clearance obtained                  :   Yes


Director                            :   Mr I Pillay
Company                             :   Rustenburg Platinum Mines Limited (a
                                        major subsidiary of Anglo American
                                        Platinum Limited)
Date of transaction                 :   16 April 2018
Nature of transaction               :   Off market vesting of conditional awards
                                        accepted on 16 April 2015 in terms of the
                                        LTIP
Class of securities                 :   Ordinary shares
Number of conditional awards
vested                              :   4 426
Value of transaction                :   R1 349 930.00***
Nature of interest                  :   Direct beneficial
Clearance obtained                  :   Yes
Director                            :   Mr V P Pillay
Company                             :   Rustenburg Platinum Mines Limited (a
                                        major subsidiary of Anglo American
                                        Platinum Limited)
Date of transaction                 :   16 April 2018
Nature of transaction               :   Off market vesting of conditional awards
                                        accepted on 16 April 2015 in terms of the
                                        LTIP
Class of securities                 :   Ordinary shares
Number of conditional awards
vested                              :   5 168
Value of transaction                :   R1 576 240.00***
Nature of interest                  :   Direct beneficial
Clearance obtained                  :   Yes


Director                            :   Mr D W Pelser
Company                             :   Rustenburg Platinum Mines Limited (a
                                        major subsidiary of Anglo American
                                        Platinum Limited)
Date of transaction                 :   16 April 2018
Nature of transaction               :   Off market vesting of conditional awards
                                        accepted on 16 April 2015 in terms of the
                                        LTIP
Class of securities                 :   Ordinary shares
Number of conditional awards
vested                              :   4 691
Value of transaction                :   R1 430 755.00***
Nature of interest                  :   Direct beneficial
Clearance obtained                  :   Yes

Director                            :   Dr G L Smith
Company                             :   Rustenburg Platinum Mines Limited (a
                                        major subsidiary of Anglo American
                                        Platinum Limited)
Date of transaction                 :   16 April 2018
Nature of transaction               :   Off market vesting of conditional awards
                                        accepted on 16 April 2015 in terms of the
                                        LTIP
Class of securities                 :   Ordinary shares
Number of conditional awards
vested                              :   4 691
Value of transaction                :   R1 430 755.00***
Nature of interest                  :   Direct beneficial
Clearance obtained                  :   Yes


*** using the closing market price of R305,00 on 17 April 2018
________________________________________________________________________________

Johannesburg
18 April 2018

Sponsor
Merrill Lynch South Africa (Pty) Limited

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