| Wed 5 Sep 2007, 14:50 | | AGL - Anglo American Plc - Placement of 19 000 000 |
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AGL
ANAAL
AGL - Anglo American Plc - Placement of 19,000,000 EXXARO shares
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB0004901517
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO OR IN THE UNITED STATES,
CANADA, AUSTRALIA OR JAPAN.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN OFFER OF SECURITIES IN THE
UNITED STATES OR ANY OTHER JURISDICTION.
PLACEMENT OF 19,000,000 EXXARO SHARES
Anglo American is pleased to announce that, following agreement between its
subsidiary, Anglo South Africa Capital (Proprietary) Limited, RMB Morgan Stanley
(the "Bookrunner"), Morgan Stanley & Co. International plc ("Morgan Stanley")
and Rand Merchant Bank, a division of FirstRand Bank Limited ("RMB"), (the
"Joint Financial Advisors") 19,000,000 ordinary shares in Exxaro Resources
Limited ("Exxaro"), representing in aggregate approximately 5% of the issued
share capital of Exxaro (the "Placing"), have been placed at a price of 73 Rands
per ordinary share raising gross proceeds of R1,387 million.
Settlement of the Placing is expected to take place on 12 September 2007.
The Placing price of 73 Rands represents a discount of 2.2% to the daily volume
weighted average price of Exxaro shares on the JSE Limited at the closing of the
Placing, being 74.67 Rands.
The arrangements of the Placing provide that following completion of the
Placing, Anglo American will not, for a period of 60 days, sell or issue, where
applicable, further shares of Exxaro.
For further information please contact:
Anglo American: Charles Gordon +44 20 7968 8933
Morgan Stanley: John Porter +44 20 7677 3301
Rand Merchant Bank: Justin Bothner +27 11 282 4150
RMB Morgan Stanley: Chris Meyer +27 11 282 8286
This announcement is not for publication or distribution or release in the
United States of America (including its territories and possessions, any state
of the United States and the District of Columbia). This announcement does not
constitute or form part of an offer or solicitation of an offer to purchase or
subscribe for securities in the United States or any other jurisdiction. The
securities referred to herein have not been and will not be registered under the
United States Securities Act of 1933, as amended (the "Securities Act"), and may
not be offered or sold, directly or indirectly, in the United States, absent
registration or an exemption from, or transaction not subject to, the
registration requirements of the Securities Act. No public offering of
securities is being made in the United States. This announcement does not and is
not intended to constitute an offer to the public in South Africa in terms of
Chapter VI of the South African Companies Act, 1973 (as amended).
Neither this announcement nor any copy of it may be taken, transmitted or
distributed, directly or indirectly in or into the United States, Canada,
Australia or Japan.
Johannesburg
5 September 2007
Transactional sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 05/09/2007 14:50:02 Produced by the JSE SENS Department.
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