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ANGLO AMERICAN PLATINUM LIMITED - Anglo American Platinum trading statement for the six months ending 30 June 2019

Release Date: 25/06/2019 08:30
Code(s): AMS     PDF:  
 
Wrap Text
Anglo American Platinum trading statement for the six months ending 30 June 2019

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 “Company")

Anglo American Platinum trading statement for the six months ending 30 June 2019

Anglo American Platinum will release results for the six months ending 30 June 2019 (“the period”) on
the Johannesburg Stock Exchange News Service (“SENS”) on 22 July 2019.

With reference to the Listings Requirements of the JSE Limited, companies are required to publish a
trading statement as soon as they become reasonably certain that the financial results for the period to
be reported on will differ by at least 20% from those of the previous corresponding reporting period.

Anglo American Platinum advises its shareholders that, primarily due to an increase in the rand PGM
basket price, headline earnings and headline earnings per share (“HEPS”) for the period will be at least
80% (R2,690 million or 1025 cents per share) higher than that reported for the six months ended 30
June 2018 (the “comparative period”). Headline earnings and HEPS for the comparative period were
R3,363 million and 1282 cents respectively.

Basic earnings and basic earnings per share (“EPS”) will also be at least 180% (R3,922 million or 1,496
cents per share) higher than the comparative period as a result of a higher PGM basket price and once-
off impairments in 2018. Basic earnings and EPS for the comparative period were R2,179 million and
831 cents respectively.

A further trading statement will be released as soon as the Company has reasonable certainty on the
expected HEPS and EPS ranges for the period as required by the Listings Requirements.

The forecast financial information on which this trading statement is based has not been reviewed, or
reported on, by the Company’s external auditors.

Johannesburg, South Africa

25 June 2019

Sponsor
Merrill Lynch South Africa Proprietary Limited

For further information, please contact:
Investors:                                       Media:
Emma Chapman                                     Jana Marais
(SA) +27 (0) 11 373 6239                         (SA) +27 (0) 11 638 2607
emma.chapman@angloamerican.com                   jana.marais@angloamerican.com


Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is the world’s
leading primary producer of platinum group metals. The company is listed on the Johannesburg
Securities Exchange (JSE). Its mining, smelting and refining operations are based in South Africa.
Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo American Platinum
has a number of joint ventures with several historically disadvantaged South African consortia as part
of its commitment to the transformation of the mining industry. Anglo American Platinum is committed
to the highest standards of safety and continues to make a meaningful and sustainable difference in
the development of the communities around its operations.

www.angloamericanplatinum.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 mining operations and
undeveloped resources provides the metals and minerals that enable a cleaner, more electrified world
and that meet the fast 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 – safely, responsibly and sustainably.

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

www.angloamerican.com

Date: 25/06/2019 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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