| Mon 5 Dec 2011, 10:45 | | AGL - Anglo American plc - Publication of Circular and Notice of General |
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AGL
ANAAL
AGL - Anglo American plc - Publication of Circular and Notice of General
Meeting concerning the increase of Anglo American`s interest in De Beers
Anglo American plc ("the Company")
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
Publication of Circular and Notice of General Meeting concerning the
increase of Anglo American`s interest in De Beers
Anglo American plc ("Anglo American") announces that, further to its
announcement dated 4 November 2011, a General Meeting will be held on
Friday, 6 January 2012 at 11.00am at The Queen Elizabeth II Conference
Centre, Broad Sanctuary, Westminster, London SW1P 3EE, at which approval
will be sought from Anglo American`s shareholders for the proposed
acquisition of a further interest of up to 40% in DB Investments and De
Beers sa ("De Beers") from CHL Holdings Limited ("CHL") and Centhold
International Limited ("CIL"), potentially increasing Anglo American`s
interest in De Beers to up to 85%. The proposed acquisition is categorised
as a related party transaction under the UK Listing Authority`s Listing
Rules, as CHL and CIL are ultimately controlled through intermediary
companies by trusts of which Mr. N.F. Oppenheimer is a potential
discretionary beneficiary and Mr. N.F. Oppenheimer has been a director of
Anglo American within the last 12 months. The transaction therefore
requires Anglo American shareholder approval.
The transaction is also subject to regulatory and government approvals and
is expected to close in the second half of 2012.
A circular to Anglo American`s shareholders in respect of the related party
transaction, with a notice of General Meeting (which is incorporated into
the circular), has been published today and is available on our website at
www.angloamerican.com.
A copy of the above circular has been submitted to the National Storage
Mechanism and will shortly be available for inspection at
http://www.hemscott.com/nsm.do.
N Jordan
Company Secretary
5 December 2011
Sponsor: UBS South Africa (Pty) Ltd
Date: 05/12/2011 10:45:58 Produced by the JSE SENS Department.
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