|
AngloGold Limited - Cautionary Announcement
AngloGold Limited
Registration number 1944/017354/06
Incorporated in the Republic of South Africa
JSE Share Code: ANG
ISIN: ZAE000043485
CAUTIONARY ANNOUNCEMENT
The board of AngloGold notes the announcement by Ashanti Goldfields Company
Limited as follows:
"The board of Ashanti Goldfields Company Limited ("Ashanti") notes the recent
movement in its share price. It confirms that the boards of Ashanti and
AngloGold Limited ("AngloGold") are in discussions regarding a proposed merger
of the two companies at a ratio of 26 AngloGold shares for every 100 Ashanti
ordinary shares or global depositary securities. These discussions may or may
not lead to a proposal being made for the entire issued share capital of
Ashanti.
The boards of the two companies have initiated discussions with certain
stakeholders and a further announcement will be made in due course. However,
there can be no assurance that agreement will be reached. Consequently,
shareholders of Ashanti are advised to exercise caution when dealing in the
relevant securities until a further announcement is made."
AngloGold confirms that it is in negotiations with Ashanti and certain of its
stakeholders but there can be no assurance that agreement will be reached.
Consequently, shareholders of AngloGold are advised to exercise caution when
dealing in relevant securities until a further announcement is made.
Johannesburg
16 May 2003
JSE Sponsor: UBS Warburg
Except for the historical information contained herein, the matters discussed in
this news release are forward-looking statements within the meaning of Section
27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities
Exchange Act of 1934. For a discussion of important factors and risks involved
in AngloGold"s business, refer to AngloGold"s annual report on Form 20-F for the
year ended 31 December 2002 which was filed with the U.S. Securities and
Exchange Commission on 7 April 2003.
AngloGold does not undertake any obligation to update publicly or release any
revisions to publicly update any forward-looking statements discussed in this
news release, whether as a result of new information, future events or
otherwise.
In the event a transaction is entered into between AngloGold and Ashanti,
AngloGold will file important documents with the U.S. Securities and Exchange
Commission (the "SEC"). In the event a transaction is entered into, investors
and security holders are urged to carefully read all such documents filed with
the SEC, because these documents will contain important information. Investors
and security holders will be able to obtain a free copy of any such documents at
the SEC"s web site at www.sec.gov or by directing a request to AngloGold
Limited, 14th Floor, 11 Diagonal Street, Johannesburg 2001, South Africa,
Attention: Chris Bull, Company Secretary.
| 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 ] | |||||||||||||
|
|||||||||||||
