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Notice of Disposal and Acquisition of Beneficial Interests in the Securities of the Company
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 announcement published by Anglo American plc ("Anglo American") on 14 May
2024 regarding Anglo American's plan to unlock significant value inherent in its portfolio through the acceleration
of its strategy and delivery of consistently stronger shareholder returns (the "Strategic Plan"). Integral to Anglo
American achieving those objectives, Anglo American announced its intention to demerge 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").
The Company has been informed by Anglo American that certain Anglo American subsidiaries in South Africa have
undertaken an internal re-organisation in preparation for the Anglo American Platinum Demerger. 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 Investments Proprietary Limited ("AASAI") (a wholly-owned subsidiary of
Anglo American) has notified the Company that it has disposed of its entire 78.56% beneficial interest in
the securities of the Company to Anglo South Africa Proprietary Limited ("ASA"), 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 "AASAI Disposal");
- ASA has notified the Company that, pursuant to the AASAI Disposal, it has acquired that same beneficial
interest in securities of the Company, such that it holds 78.56% of the issued ordinary shares in the
Company (the "ASA Acquisition"). However, immediately following the ASA Acquisition, ASA further
notified the Company that it has disposed of its entire 78.56% beneficial interest in the securities of the
Company to Anglo American South Africa Proprietary Limited ("AASA"), also a wholly-owned subsidiary of
Anglo American, such that it now holds 0% of the issued ordinary shares in the Company (the "ASA
Disposal"); and
- AASA has notified the Company that, pursuant to the ASA Disposal, it has acquired a beneficial interest in
securities of the Company, such that it now holds 78.56% 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
2 September 2024
Sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
For further information, please contact:
Investors: Media:
Theto Maake Keitumetse Masike
(SA) +27 (0)83 489 515 (SA) +27 (0)66 484 0227
theto.maake@angloamerican.com keitumetse.masike.@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 and our products are the essential ingredients in almost every
aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future
development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more
sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at
the heart of our business, we use innovative practices and the latest technologies to discover new resources and to
mine, process, move and market our products to our customers – safely and sustainably.
As a responsible producer of copper, nickel, platinum group metals, diamonds (through De Beers), and premium
quality iron ore and steelmaking coal – with crop nutrients in development – we are committed to being carbon
neutral across our operations by 2040. More broadly, our Sustainable Mining Plan commits us to a series of
stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust
as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring
value from precious natural resources for the benefit of the communities and countries in which we operate, for
society as a whole, and for our shareholders. Anglo American is re-imagining mining to improve people's lives.
www.angloamerican.com
Date: 02-09-2024 12:00:00
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