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ANGLOGOLD ASHANTI LIMITED - Dealings in Securities by an Executive Director, the Company Secretary and Prescribed Officers

Release Date: 03/03/2020 16:00
Code(s): ANG     PDF:  
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Dealings in Securities by an Executive Director, the Company Secretary and Prescribed Officers

AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN. ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
(“AngloGold Ashanti” or the “Company”)


NEWS RELEASE

DEALINGS IN SECURITIES BY AN EXECUTIVE DIRECTOR, THE COMPANY SECRETARY AND
PRESCRIBED OFFICERS OF ANGLOGOLD ASHANTI LIMITED

In terms of paragraph 3.63 of the JSE Limited Listings Requirements (JSE Listings Requirements),
AngloGold Ashanti gives notice that an executive director, the company secretary and prescribed officers
have dealt in ordinary shares of the Company, after receiving clearance to do so in terms of paragraph 3.66
of the JSE Listings Requirements.

The transactions were pursuant to the Long-Term Incentive Plan (LTIP) awards on 1 March 2017 which
vests after three years from the date of grant to the extent that the strict performance conditions under which
the awards were granted are met. The transactions below relate to a final LTIP vesting on 1 March 2020 with
a performance achievement of 94.46%.

On 18 February 2020, the Remuneration and Human Resources Committee of the Board approved the
settlement of this award for executives on the basis of 50% paid in cash and 50% in AngloGold Ashanti
shares purchased on market.

 Name of company                                 AngloGold Ashanti Limited
 Date of transactions                            2 March 2020
 Nature of transactions                          On-market purchase of shares by the Company, being the 50% of
                                                 the vested LTIP shares
 Class of security                               Ordinary shares
 Name of executive director                      Christine Ramon
 Number of shares purchased                      52,234
 Purchase price per share                        R285.6767
 Value of transaction (excluding                 R14,922,036.75
 brokerage and other fees)
 Name of company secretary and                   Ria Sanz
 prescribed officer
 Number of shares purchased                      41,781
 Purchase price per share                        R285.6767
 Value of transaction (excluding                 R11,935,858.20
 brokerage and other fees)
 Name of prescribed officer                      Tirelo Sibisi
 Number of shares purchased                      35,881
 Purchase price per share                        R285.6767
 Value of transaction (excluding                 R10,250,365.67
 brokerage and other fees)

                                                                
 Name of prescribed officer            Ludwig Eybers
 Number of shares purchased            46,065
 Purchase price per share              R285.6767
 Value of transaction (excluding       R13,159,697.19
 brokerage and other fees)
 Name of prescribed officer            Sicelo Ntuli
 Number of shares purchased            11,889
 Purchase price per share              R285.6767
 Value of transaction (excluding       R3,396,410.29
 brokerage and other fees)
 Name of prescribed officer            Stewart Bailey
 Number of shares purchased            9,348
 Purchase price per share              R285.6767
 Value of transaction (excluding       R2,670,505.79
 brokerage and other fees)
 Name of prescribed officer            Graham Ehm
 Number of shares purchased            52,234
 Purchase price per share              R285.6767
 Value of transaction (excluding       R14,922,036.75
 brokerage and other fees)
 Extent of interest                    Direct beneficial
 Prior clearance to deal               Obtained


Related taxes have been paid by the executive director, the company secretary and prescribed officers by
selling a portion of the shares allocated to them by the Company as detailed below:

SHARES SOLD TO SETTLE TAX COSTS

 Name of company                       AngloGold Ashanti Limited
 Date of transactions                  2 March 2020
 Nature of transactions                On-market sale of shares to fund tax liability in relation to costs
                                       incurred in LTIP share purchase
 Class of security                     Ordinary shares
 Name of executive director            Christine Ramon
 Number of shares sold                 24,027
 Selling price per share               R286.7150
 Value of transaction (excluding       R6,888,901.31
 brokerage and other fees)
 Name of company secretary and         Ria Sanz
 prescribed officer
 Number of shares sold                 19,219
 Selling price per share               R286.7150
 Value of transaction (excluding         R5,510,375.59
 brokerage and other fees)
 Name of prescribed officer              Tirelo Sibisi
 Number of shares sold                   16,505
 Selling price per share                 R286.7150
 Value of transaction (excluding         R4,732,231.08
 brokerage and other fees)
 Name of prescribed officer              Sicelo Ntuli
 Number of shares sold                   5,468
 Selling price per share                 R286.7150
 Value of transaction (excluding         R1,567,757.62
 brokerage and other fees)
 Name of prescribed officer              Stewart Bailey
 Number of shares sold                   4,300
 Selling price per share                 R286.7150
 Value of transaction (excluding         R1,232,874.50
 brokerage and other fees)
 Name of prescribed officer              Graham Ehm
 Number of shares sold                   24,027
 Selling price per share                 R286.7150
 Value of transaction (excluding         R6,888,901.31
 brokerage and other fees)
 Date of transactions                    3 March 2020
 Nature of transactions                  On-market sale of shares to fund tax liability in relation to costs
                                         incurred in LTIP share purchase
 Class of security                       Ordinary shares
 Name of prescribed officer              Ludwig Eybers
 Number of shares sold                   21,190
 Selling price per share                 R298.7496
 Value of transaction (excluding         R6,330,504.02
 brokerage and other fees)
 Extent of interest                      Direct beneficial
 Prior clearance to deal                 Obtained


In addition, the transactions below were pursuant to a Co-Investment Plan (CIP) for the Company’s
executives.

In terms of the CIP, executives are allowed to apply up to 50% of their after-tax cash bonus to purchase
AngloGold Ashanti ordinary shares. The Company then matches their investment at 150% through an on-
market purchase of shares, with vesting over a two-year period in two equal tranches; the first vesting date
being the anniversary of the date on which the executive purchased the shares and the second vesting date
being the second anniversary of the date on which the executive purchased the shares.
The prescribed officer opted to participate in the CIP in 2018. This being the second anniversary of the date
on which the prescribed officer purchased the shares in 2018, the Company has purchased and allocated
matching shares to the prescribed officer as detailed below:

 Name of prescribed officer            Tirelo Sibisi
 Name of company                       AngloGold Ashanti Limited
 Date of transaction                   2 March 2020
 Nature of transaction                 On-market purchase of shares by the Company, being the
                                       allocation of the matched portion in respect of the second tranche
 Class of security                     Ordinary shares
 Number of shares purchased            3,120
 Purchase price per share              R285.6983
 Value of transaction (excluding       R891,378.70
 brokerage and other fees)
 Extent of interest                    Direct beneficial
 Prior clearance to deal               Obtained


Related taxes have been paid by the prescribed officer by selling a portion of the shares allocated to the
executive director by the Company as detailed below:

SHARES SOLD TO SETTLE TAX COSTS

 Name of prescribed officer            Tirelo Sibisi
 Name of company                       AngloGold Ashanti Limited
 Date of transaction                   2 March 2020
 Nature of transaction                 On-market sale of shares to fund tax liability in relation to costs
                                       incurred in CIP
 Class of security                     Ordinary shares
 Number of shares sold                 1,420
 Selling price per share               R286.7150
 Value of transaction (excluding       R407,135.30
 brokerage and other fees)
 Extent of interest                    Direct, beneficial
 Prior clearance to deal               Obtained



ENDS

3 March 2020
Johannesburg
JSE Sponsor: The Standard Bank of South Africa Limited


CONTACTS

Media
Chris Nthite                  +27 11 637 6388/+27 83 301 2481    cnthite@anglogoldashanti.com
General inquiries                                                media@anglogoldashanti.com


Investors
Sabrina Brockman              +1 646 880 4526/ +1 646 379 2555   sbrockman@anglogoldashanti.com
Yatish Chowthee              +27 11 637 6273 / +27 78 364 2080   yrchowthee@anglogoldashanti.com
Fundisa Mgidi                 +27 11 6376763 / +27 82 821 5322   fmgidi@anglogoldashanti.com


Website: www.anglogoldashanti.com

Date: 03-03-2020 04:00:00
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