| Tue 11 Apr 2006, 9:12 | | Anglo American plc - AngloGold Ashanti Offering of |
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AGL
ANAAL
Anglo American plc - AngloGold Ashanti Offering of ordinary shares
Anglo American plc
(Incorporated in the United Kingdom)
Registration number: 3564138
Share code: AGL
ISIN: GB0004901517
(the "Company")
Anglo American plc Announces Offering of Ordinary Shares of AngloGold Ashanti
Anglo American plc today announces that the offering of 13,328,313 AngloGold
Ashanti ordinary shares ("ordinary shares") by its subsidiary, Anglo South
Africa Capital (Proprietary) Limited ("ASAC"), and the offering by AngloGold
Ashanti Limited ("AngloGold Ashanti") of 9,970,732 ordinary shares, in each
case, in the form of ordinary shares or AngloGold Ashanti American Depositary
Shares ("ADSs"), (collectively "the combined offering"), has been priced at
US$51.25 per ADS. The combined offering is scheduled to close on 20 April, 2006.
To the extent that the combined offering has been oversold, ASAC has granted the
underwriters an option to purchase up to an additional 3,944,857 ordinary
shares. The underwriters have 30 days after the closing of the combined offering
to exercise this option. The net proceeds to Anglo American from this offering,
assuming full exercise of the underwriters" option to purchase additional
ordinary shares, are expected to be approximately US$1 billion.
After the completion of the offering, and depending upon the exercise by the
underwriters of their option, Anglo American"s holding in AngloGold Ashanti will
be between 41.7% and 43.1%.
The combined offering was led by Goldman, Sachs & Co. and UBS Investment Bank as
joint global coordinators and joint bookrunners for the combined offering. BMO
Nesbitt Burns and J.P. Morgan Securities acted as co-managers.
A final prospectus supplement for the combined offering will be filed with the
U.S. Securities and Exchange Commission as soon as possible. Copies of the final
prospectus supplement and prospectus may be obtained from the offices of
Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, telephone: 1-
866-471-2526 and from UBS Securities LLC, 1285 Avenue of the Americas, New York,
New York 10019-6028, telephone: 1-888-827-7275.
11 April 2006
Sponsor: J.P.Morgan Equities limited
Date: 11/04/2006 09:12:32 AM Produced by the JSE SENS Department
