| Wed 18 Feb 2009, 17:36 | | ANG - AngloGold Ashanti - Granting Of Options To Directors And Company |
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ANG
ANANO
ANG - AngloGold Ashanti - Granting Of Options To Directors And Company
Secretarial Personnel Of Anglogold Ashanti Limited In Terms Of The Anglogold
Share Incentive Scheme
AngloGold Ashanti Limited
Incorporated in the Republic of South Africa
Registration Number: 1944/017354/06)
ISIN Number: ZAE000043485
JSE Share Code: ANG
("AngloGold Ashanti/Company")
GRANTING OF OPTIONS TO DIRECTORS AND COMPANY SECRETARIAL PERSONNEL OF ANGLOGOLD
ASHANTI LIMITED IN TERMS OF THE ANGLOGOLD SHARE INCENTIVE SCHEME
In terms of JSE Listings Requirement 3.63 we hereby provide the following
information regarding the granting of options by the Company in terms of the
AngloGold Share Incentive Scheme to directors and company secretarial personnel.
Date of notification : 18 February 2009
Date of grant : 17 February 2009
On 29 April 2005 (as amended on 2 May 2008), shareholders approved the
introduction of two new incentive plans, the key terms of which were disclosed.
The bonus share plan provides for the vesting of awards in two tranches - 40% in
year one from date of grant and 60% in year two. If however during years one
and two, no options were exercised, then an additional 20% of awards granted
will be issued and be fully vested three years from date of grant, provided that
the participant is still in the employ of the company at the dates of vesting.
Awards granted in terms of the long-term incentive plan (LTIP) vests three years
after date of grant, to the extent that the performance conditions, under which
the awards were granted, are met. LTIP awards vest on 17 February 2012. Any
awards not exercised within 10 years from date of grant will lapse.
Strike price : NIL cost to participant in accordance with
the rules of the above plans
Class of security : Awards to acquire ordinary shares
Type of interest : Direct beneficial
Clearance was obtained in terms of 3.66 of the JSE Listings Requirements.
Name Designation Bonus Long-Term
Share Plan Incentive
Plan
Cutifani : M Director and CEO 19,992 40,694
Venkatakrishnan : S Director and CFO 15,268 21,238
Eatwell : L Company Secretary 1,020 1,856
Total awards granted to directors and company
secretarial personnel 36,280 63,788
The awards granted above form part of a total
award grant of 740,609 528,538
Number of participants 1,558 87
Market value per award at date of grant R293.99 R293.99
Total number of ordinary shares currently held by the CEO, CFO and Company
Secretary is 10,000, 5,221 and 130, respectively.
ENDS
JSE Sponsor : UBS Limited
Johannesburg
18 February 2009
Queries
South Africa
Himesh Persotam (Investor Relations) Tel: +27(0)11637-6647
Mobile: +27(0)82 339 3890 E-mail:hpersotam@AngloGoldAshanti.com
Alan Fine (Media) Tel:+27(0)11 637-6383 Mobile:+27(0)83 250 0757
E-mail:afine@AngloGoldAshanti.com
Joanne Jones (Media) Tel:+27(0)11 637- 6813 Mobile:+27(0)82 896 0306
E-mail:jjones@AngloGoldAshanti.com
Certain statements made in this communication, including, without limitation,
those concerning AngloGold Ashanti`s strategy to reduce its gold hedging
position including the extent and effects of the reduction, the economic outlook
for the gold mining industry, expectations regarding gold prices, production,
cash costs and other operating results, growth prospects and outlook of
AngloGold Ashanti`s operations, individually or in the aggregate, including the
completion and commencement of commercial operations of certain of AngloGold
Ashanti`s exploration and production projects and completion of acquisitions and
dispositions, AngloGold Ashanti`s liquidity and capital resources, including its
intentions and ability to refinance its $1 billion convertible bond, and
expenditure and the outcome and consequences of any pending litigation
proceedings, contain certain forward-looking statements regarding AngloGold
Ashanti`s operations, economic performance and financial condition. Although
AngloGold Ashanti believes that the expectations reflected in such forward-
looking statements are reasonable, no assurance can be given that such
expectations will prove to have been correct. Accordingly, results could differ
materially from those set out in the forward-looking statements as a result of,
among other factors, changes in economic and market conditions, success of
business and operating initiatives, changes in the regulatory environment and
other government actions, fluctuations in gold prices and exchange rates, and
business and operational risk management. For a discussion of such factors,
refer to AngloGold Ashanti`s annual report for the year ended 31 December 2007,
which was distributed to shareholders on 31 March 2008, and report to
shareholders for the quarter and nine months ended 30 September 2008, which was
distributed to shareholders on 30 October 2008. AngloGold Ashanti undertakes no
obligation to update publicly or release any revisions to these forward-looking
statements to reflect events or circumstances after today`s date or to reflect
the occurrence of unanticipated events. All subsequent written or oral forward-
looking statements attributable to AngloGold Ashanti or any person acting on its
behalf are qualified by the cautionary statements herein.
AngloGold Ashanti posts information that is important to investors on the main
page of its website at www.anglogoldashanti.com and under the "Investors" tab on
the main page. This information is updated regularly. Investors should visit
this website to obtain important information about AngloGold Ashanti.
Date: 18/02/2009 17:36:02 Produced by the JSE SENS Department.
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