|
AGL
ANAAL
AGL - Anglo American plc - Anglo American to oppose injunction on sale of
further shares in Anglo American Sur
Anglo American plc ("the Company")
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
Anglo American to oppose injunction on sale of further shares in Anglo American
Sur
Anglo American plc ("Anglo American") notes the injunction granted by the Court
of Appeals in Santiago, Chile in relation to Anglo American`s ability to dispose
of further shares in Anglo American Sur ("AAS").
The option agreement between Anglo American, certain of its affiliates and
Codelco, expressly contemplates the eventuality of Anglo American disposing of
its AAS shares at any time prior to the date on which the option may be
exercised and therefore no longer holding 100% of the shares in AAS. In such an
eventuality, the percentage of shares in AAS over which Codelco may exercise its
option is reduced by the percentage of shares in AAS not held by Anglo American
at the time of exercise. The option is exercisable only during the month of
January every three years until January 2027.
The injunction does not apply to the transaction between Anglo American and
Mitsubishi Corporation which completed on 9 November 2011.
Anglo American intends to file a response to the injunction and will take such
other steps as are necessary to protect its rights.
For further information, please contact:
Media Investors
UK UK
James Wyatt-Tilby Leng Lau
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8540
Emily Blyth Caroline Crampton (nee Metcalfe)
Tel: +44 (0)20 7968 8481 Tel: +44 (0)20 7968 2192
Chile Leisha Wemyss
Marcelo Esquivel Tel: +44 (0)20 7968 8607
Tel: +56 2 230 6584
Notes to editors:
Anglo American plc is one of the world`s largest mining companies, is
headquartered in the UK and listed on the London and Johannesburg stock
exchanges. Anglo American`s portfolio of mining businesses spans bulk
commodities - iron ore and manganese, metallurgical coal and thermal coal; base
metals - copper and nickel; and precious metals and minerals - in which it is a
global leader in both platinum and diamonds. Anglo American is committed to the
highest standards of safety and responsibility across all its businesses and
geographies and to making a sustainable difference in the development of the
communities around its operations. The company`s mining operations and extensive
pipeline of growth projects are located in southern Africa, South America,
Australia, North America and Asia. www.angloamerican.com
16 November 2011
Sponsor: UBS South Africa (Pty) Ltd
Date: 16/11/2011 07:10:54 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
