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ANGLOPLAT:  65,613   +803 (+1.24%)  14/02/2025 19:14

ANGLO AMERICAN PLATINUM LIMITED - Notice of Disposal and Acquisition of Beneficial Interests in the Securities of the Company in Terms of Section 122

Release Date: 14/02/2025 13:03
Code(s): AMS     PDF:  
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Notice of Disposal and Acquisition of Beneficial Interests in the Securities of the Company in Terms of Section 122

Anglo American Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
("The Company" or "Anglo American Platinum")


Anglo American Platinum – Notice of disposal and acquisition of beneficial interests in the securities of the Company in terms
of Section 122 of the Companies Act


Shareholders are referred to the announcements published by (i) Anglo American plc ("Anglo American") on 14 May 2024
regarding its plan to unlock significant value inherent in its portfolio through, amongst other things, the demerger of its stake in
the Company in a responsible and orderly manner to optimise value for both the shareholders of Anglo American and Anglo
American Platinum (the "Anglo American Platinum Demerger"); and (ii) Anglo American Platinum on 2 September 2024 regarding
the internal re-organisation undertaken by certain Anglo American subsidiaries in South Africa in preparation for the Anglo
American Platinum Demerger (the "September Internal Re-organisation").


Following the September Internal Re-organisation, and as part of progressing towards implementation of the Anglo American
Platinum Demerger, the Company has been informed by Anglo American that certain Anglo American subsidiaries have
undertaken a further internal re-organisation. The resulting changes are administrative in nature and have no impact on Anglo
American's beneficial interest in the Company.


In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 (the "Companies Act"), and paragraph 3.83(b) of the JSE
Limited Listings Requirements, shareholders are therefore advised of the following changes:


    *    Anglo American South Africa Proprietary Limited ("AASA"), a wholly-owned subsidiary of Anglo American, has notified
         the Company that it has disposed of its entire 66.7% beneficial interest in the securities of the Company to Anglo
         American International Limited ("AAI"), which is also a wholly owned subsidiary of Anglo American, such that it now
         holds 0% of the issued ordinary shares in the Company (the "AASA Disposal"); and


    *    AAI has notified the Company that, pursuant to the AASA Disposal, it has acquired that same beneficial interest in
         securities of the Company, such that it now holds 66.7% of the issued ordinary shares in the Company.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notices with the Takeover
Regulation Panel.

RESPONSIBILITY STATEMENT

The board of directors of the Company (the "Board"), individually and collectively, accepts responsibility for the accuracy of the
information contained in this announcement which relates to the Company. To the best of the Board's knowledge and belief, the
information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of
such information.


Johannesburg
                                                                                                                               

14 February 2025
Sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities

For further information, please contact:

Investors:                                                                Media:
Theto Maake                                                              Cindy Maneveld
(SA) +27 (0) 83 489 5215                                        (SA) +27 (0) 82 201 4779
theto.maake@angloamerican.com                                   cindy.maneveld@angloamerican.com
PlatinumIR@angloamerican.com

Marcela Grochowina
(SA) +27 (0) 82 400 3222
marcela.grochowina@angloamerican.com
PlatinumIR@angloamerican.com


Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum
group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting, and refining
operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo
American Platinum is committed to the highest standards of safety and continues to make a meaningful and sustainable
difference in the development of the communities around its operations.

www.angloamericanplatinum.com


Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and
crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards,
and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth
potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we
discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and
responsibly. Our Sustainable Mining Plan commits us to a series of stretching goals over different time horizons to ensure we
contribute to a healthy environment, create thriving communities and build trust as a corporate leader. We work together with
our business partners and diverse stakeholders to unlock enduring value from precious natural resources for our shareholders,
for the benefit of the communities and countries in which we operate, and for society as a whole. Anglo American is re-
imagining mining to improve people's lives.

Anglo American is currently implementing a number of major structural changes to unlock the inherent value in its portfolio
and thereby accelerate delivery of its strategic priorities of Operational excellence, Portfolio simplification, and Growth. This
portfolio transformation will focus Anglo American on its world-class resource asset base in copper, premium iron ore and crop
nutrients, once the sale of our steelmaking coal and nickel businesses, the demerger of our PGMs business (Anglo American
Platinum), and the separation of our iconic diamond business (De Beers) have been completed.

www.angloamerican.com

Date: 14-02-2025 01:03:00
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