| Tue 15 May 2012, 8:47 | | ANG - AngloGold Ashanti Limited - Anglogold Ashanti announces dealings in |
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ANG
ANANO
ANG - AngloGold Ashanti Limited - Anglogold Ashanti announces dealings in
securities by directors 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")
DEALINGS IN SECURITIES BY DIRECTORS OF ANGLOGOLD ASHANTI LIMITED IN TERMS OF
THE ANGLOGOLD SHARE INCENTIVE SCHEME
In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice
that the following directors have exercised share options, after having
received clearance to do so in terms of Listings Requirement 3.66. The
options were granted in terms of the AngloGold Share Incentive Scheme.
The Chief Executive Officer, Mr Mark Cutifani and the Chief Financial
Officer, Mr Srinivasan Venkatakrishnan have exercised 86,293 and 70,375
share options respectively and have applied all of the after-tax proceeds,
net of costs, to acquire 51,692 and 42,157 ordinary shares respectively in
their own names. The total ordinary shares held by Mr Cutifani and Mr
Venkatakrishnan post the transaction detailed below is 61,692 and 52,508
respectively, which represents approximately 0.016% and 0.014% respectively
of the total ordinary shares in issue at the date of this announcement.
AngloGold Ashanti discloses the following information on the above
dealings as follows:
OPTIONS EXERCISED
Name of director M Cutifani S Venkatakrishnan
Name of company AngloGold Ashanti AngloGold Ashanti
Limited Limited
Date of transaction 14 May 2012 14 May 2012
Nature of transaction Off-market exercise of Off-market exercise of
share options share options
Class of security Options in respect of Options in respect of
ordinary shares ordinary shares
Date options granted Between 2008 and 2009 Between 2007 and 2009
Date options vesting Between 2011 and 2012 Between 2010 and 2012
Number of options 86,293 70,375
Exercised
Option strike price NIL NIL
Value of options exercised R22,945,947.27 R18,713,233.28
SHARES SOLD TO SETTLE TAX AND SELLING COSTS
Name of director M Cutifani S Venkatakrishnan
Name of company AngloGold Ashanti AngloGold Ashanti
Date of transaction 14 May 2012 14 May 2012
Nature of transaction On-market sale of On-market sale of
shares to fund tax shares to fund tax
liability in rela- liability in rela-
tion of the above tion of the above
options and costs options and costs
incurred in such incurred in such
sale sale
Class of security Ordinary shares Ordinary shares
Number of shares sold 34,601 28,218
Selling price per share R265.9074 R265.9074
Value of transaction R9,200,661.95 R7,503,375.01
Extent of interest Direct, beneficial Direct, beneficial
Prior clearance to deal Obtained Obtained
ENDS
15 May 2012
JSE Sponsor - UBS
Contacts
Tel: E-mail:
Alan Fine (Media) +27 11 637 6383 afine@AngloGoldAshanti.com
Chris Nthite (Media) +27 (0) 11 637 6388 cnthite@anglogoldashanti.com
Mike Bedford (Investor) +27 11 637 6273 mbedford@anglogoldashanti.com
Stewart Bailey(Investor) +1 2128364303 sbailey@anglogoldashanti.com
Certain statements made in this communication, other than statements of
historical fact, including, without limitation, those concerning 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 the completion of acquisitions and dispositions, AngloGold
Ashanti`s liquidity and capital resources and capital expenditure and the
outcome and consequence of any potential or pending litigation or regulatory
proceedings or environmental issues, are forward-looking statements or
forecasts regarding AngloGold Ashanti`s operations, economic performance and
financial condition. These forward-looking statements or forecasts involve
known and unknown risks, uncertainties and other factors that may cause
AngloGold Ashanti`s actual results, performance or achievements to differ
materially from the anticipated results, performance or achievements
expressed or implied in these forward-looking statements. Although
AngloGold Ashanti believes that the expectations reflected in such forward-
looking statements or forecasts 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 including environmental
approvals and actions, fluctuations in gold prices and exchange rates, and
business and operational risk management. For a discussion of certain of
these and other factors, refer to AngloGold Ashanti`s annual report for the
year ended 31 December 2011, which was distributed to shareholders on 4
April 2012 and the company`s 2011 annual report on Form 20-F, which was
filed with the Securities and Exchange Commission in the United States on 23
April 2012. These factors are not necessarily all of the important factors
that could cause AngloGold Ashanti`s actual results to differ materially
from those expressed in any forward-looking statements. Other unknown or
unpredictable factors could also have material adverse effects on future
results. Consequently, stakeholders are cautioned not to place undue
reliance on forward-looking statements. 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, except to the extent
required by applicable law. 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.
This communication may contain certain "Non-GAAP" financial measures.
AngloGold Ashanti utilises certain Non-GAAP performance measures and ratios
in managing its business. Non-GAAP financial measures should be viewed in
addition to, and not as an alternative for, the reported operating results
or cash flow from operations or any other measures of performance prepared
in accordance with IFRS. In addition, the presentation of these measures
may not be comparable to similarly titled measures other companies may use.
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: 15/05/2012 08:47:10 Produced by the JSE SENS Department.
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