Anglo American Disposes Of A Further Stake In Aeci
AECI Limited
(Registration No. 1924/002590/06)
ISIN No. ZAE000000238
ANGLO AMERICAN DISPOSES OF A FURTHER STAKE IN AECI
AECI Limited ("AECI") is pleased to announce that Anglo American plc's South
African subsidiary has disposed of a further 13,5 million shares in AECI
(being 12,95% of AECI's ordinary share capital) to two institutional buyers
for an undisclosed amount.
Anglo American now holds 3 575 711 AECI shares (3,43%). Accordingly, the
orderly marketing agreement between Anglo American and AECI has terminated.
In AECI's view this disposal effectively now removes the perceived
remaining overhang of shares in AECI and will further increase the liquidity
of the AECI share.
18 December 2001
JP MORGAN
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
