| Fri 29 Apr 2011, 16:00 | | AMS - Anglo American Platinum - Acceptance of Offer and delivery of matching |
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AMS
ANANP
AMS - Anglo American Platinum - Acceptance of Offer and delivery of matching
shares in terms of the Anglo American Platinum Deferred Bonus Plan and Dealing
in securities By Directors of a major subsidiary of the Company
ANGLO AMERICAN PLATINUM LIMITED
(Currently listed on the JSE as Anglo Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1946/022452/06)
Share code: AMS ISIN: ZAE000013181
("Anglo American Platinum", "the Group" or "the Company")
ACCEPTANCE OF OFFER AND DELIVERY OF MATCHING SHARES IN TERMS OF THE ANGLO
AMERICAN PLATINUM DEFERRED BONUS PLAN AND DEALING IN SECURITIES BY DIRECTORS OF
A MAJOR SUBSIDIARY OF THE COMPANY
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
The directors of a major subsidiary of the Company - Rustenburg Platinum Mines
Limited, as indicated, utilised a portion of their after tax component of their
annual bonus to acquire shares in the Company in 2008 which were held in escrow
in terms of the Deferred Bonus Plan ("DBP") offer. In terms of the rules of the
DBP, if the directors remained in the employ of the Group and retained these
shares for a three year period from date of offer, the Company would make a
matching award of Anglo American Platinum shares to the directors. The matching
shares were adjusted in terms of the rules of the DBP, due to the impact of the
rights offer.
Company : Anglo American Platinum Limited
Date of offer and acceptance : 1 March 2008
Nature of transactions : Off market acceptance of offer and
delivery of matching shares in
termsof the Anglo American Platinum
Limited DBP
Class of securities : Ordinary shares of 10 cents each
Nature of interests : Direct beneficial
Clearances obtained : Yes
Director : Mr Pieter Louw
Company : Rustenburg Platinum Mines Limited
Number of shares purchased and offered : 288
Share purchase price : R1 240,00
Total value of transaction : R357 120,00
Number of matching shares delivered : 295
Deemed price (closing price per share*) : R677,00
Total value of transaction : R199 715,00
Date of delivery of shares : 31 March 2011
Director : Ms Mary-Jane Morifi
Company : Rustenburg Platinum Mines Limited
Number of shares purchased and offered : 91
Share purchase price : R1 240,00
Total value of transaction : R112 840,00
Number of matching shares delivered : 93
Deemed price (closing price per share*) : R677,00
Total value of transaction : R62 961,00
Date of delivery of shares : 29 April 2011
Director : Mr July Ndlovu
Company : Rustenburg Platinum Mines Limited
Number of shares purchased and offered : 349
Share purchase price : R1 240,00
Total value of transaction : R432 760,00
Number of matching shares delivered : 358
Deemed price (closing price per share*) : R677,00
Total value of transaction : R242 366,00
Date of delivery of shares : 17 March 2011
Director : Mr Alexander I Wood
Number of shares purchased and offered : 492
Share purchase price : R1 240,00
Total value of transaction : R610 080,00
Number of matching shares delivered : 505
Deemed price (closing price per share*) : R677,00
Total value of transaction : R341 885,00
Date of delivery of shares : 24 March 2011
All the directors, except for Mr J Ndlovu, elected to sell adequate shares to
fund their employee tax liability. Mr J Ndlovu elected to pay his employee tax
liability and receive the gross number of matching shares. The total value of
the transaction reflects the pre-tax value of the matching shares.
*Closing price per share on the date of vesting.
Johannesburg
29 April 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 29/04/2011 16:00:01 Produced by the JSE SENS Department.
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