| Mon 1 Oct 2007, 8:01 | | AGL - Anglo American Plc - Anglo American announce |
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AGL
ANAAL
AGL - Anglo American Plc - Anglo American announces secondary offering of
ordinary shares of AngloGold Ashanti
Anglo American Plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
Anglo American announces secondary offering of ordinary shares of AngloGold
Ashanti
NOT FOR RELEASE IN THE UNITED STATES
Anglo American plc ("Anglo American") announces that it intends to offer for
sale 61 million ordinary shares of AngloGold Ashanti Limited ("AngloGold
Ashanti") in the form of ordinary shares and American Depository Shares ("ADSs")
pursuant to the registration of such securities under AngloGold Ashanti`s
automatic shelf registration statement.
The representatives of Anglo American remaining on the AngloGold Ashanti board
of directors intend to resign from AngloGold Ashanti`s board of directors once
Anglo American`s shareholding falls below 20% of the outstanding ordinary
shares. Anglo American expects that its residual position in AngloGold Ashanti
will be investment accounted upon the completion of this offering. Anglo
American expects the offering to represent a major step in the completion of its
stated objectives for its stake in AngloGold Ashanti. Anglo American has advised
AngloGold Ashanti that it currently supports its general strategy to enhance
long term shareholder value. Anglo American`s residual position in AngloGold
Ashanti will be subject to a lock-up agreement with the joint bookrunners until
31 May 2008.
Goldman Sachs International is acting as the global coordinator for the offering
and Goldman Sachs International and UBS Investment Bank are joint bookrunners
for the offering. The terms of the offering are set forth in a preliminary
prospectus supplement filed today with the United States Securities and Exchange
Commission (the "SEC"). The prospectus supplement relating to the offering may
be obtained free of charge from the SEC`s web site at www.sec.gov. Copies of the
preliminary prospectus supplement, when available, may be obtained from the
offices of Goldman Sachs International, Peterborough Court, 133 Fleet Street,
London EC4A 2BB, United Kingdom, telephone: +44 20 7774 1000 or UBS Limited, 1
Finsbury Avenue, London EC2M 2PP, United Kingdom, telephone: +44 20 7567 8000.
This release and any materials attached hereto are not an offer of securities
for sale in the United States. Securities may not be offered or sold in the
United States absent registration or an exemption from registration, and any
public offering of securities to be made in the United States will be made by
means of a prospectus that may be obtained from AngloGold Ashanti, which
prospectus will contain detailed information about AngloGold Ashanti and its
management as well as its financial statements.
This news release is for distribution only to persons who (i) have professional
experience in matters relating to investments falling within Article 19(5) of
the United Kingdom Financial Services and Markets Act 2000 (Financial Promotion)
Order 2005 (as amended, the "Financial Promotion Order"), (ii) are persons
falling within Article 49(2)(a) to (d) ("high net worth companies,
unincorporated associations etc") of the Financial Promotion Order, (iii) are
outside the United Kingdom, or (iv) are persons to whom an invitation or
inducement to engage in investment activity (within the meaning of section 21 of
the United Kingdom Financial Services and Markets Act 2000) in connection with
the issue or sale of any securities may otherwise lawfully be communicated or
caused to be communicated (all such persons together being referred to as
"relevant persons"). This news release is directed only at relevant persons and
must not be acted on or relied on by persons who are not relevant persons. Any
investment or investment activity to which this news release relates is
available only to relevant persons and will be engaged in only with relevant
persons.
For further information contact:
Charles Gordon
Tel: +44 207 968 8933
Anna Poulter
Tel: +44 207 968 2155
1 October 2007
JSE Sponsor: UBS
Date: 01/10/2007 08:01:01 Produced by the JSE SENS Department.
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