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ANGLO AMERICAN PLATINUM LIMITED - CANCELLATION OF S502493 Dealing in Securities by Directors and Company Secretary of the Company and by Directors of a Major Subsidiary

Release Date: 24/03/2025 16:16
Code(s): AMS
Wrap Text
CANCELLATION OF S502493 Dealing in Securities by Directors and Company Secretary of the Company and by Directors of a Major Subsidiary

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")

DEALING IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY OF THE COMPANY AND BY DIRECTORS OF A
MAJOR SUBSIDIARY

As required in terms of the JSE Limited Listings Requirements, Anglo American Platinum advises of the allocation of
a Transformation award. The Transformation Award is an extraordinary, one-off incentive to a select group of
employees, prescribed officers and executive directors linked to the business transformation, and successful delivery
of the demerger and action plan. The award vests on 1 October 2027 and is subject to performance conditions. The
details of the Transformation award are set out in the Remuneration Report contained within the Company's 2024
Governance Report.

 Director and CEO                :    Craig Miller
 Company                         :    Anglo American Platinum Limited
 Transaction date                :    20 March 2025
 Nature of transaction           :    Off market acceptance of conditional awards granted on 20
                                      March 2025
 Class of securities             :    Ordinary shares
 Number of shares                :    12.269
 Volume weighted average         :    R611.20
 Price per share
 Transaction value               :    R7,500.000
 Nature of interest              :    Direct beneficial
 Vesting date                    :    1 October 2027, subject to certain performance conditions being met.

 Clearance obtained              :    Yes

 Director and CFO                :    Sayurie Naidoo
 Company                         :    Anglo American Platinum Limited
 Transaction date                :    20 March 2025
 Nature of transaction           :    Off market acceptance of conditional awards granted on 20
                                      March 2025
 Class of securities             :    Ordinary shares
 Number of shares                :    7,361
 Volume weighted average         :    R611.20
 Price per share
 Transaction value               :    R4,500,000
 Nature of interest              :    Direct beneficial
 Vesting date                    :    1 October 2027, subject to certain performance conditions being met.

 Clearance obtained              :    Yes

 Director                        :    Yvonne Mfolo
 Company                         :    Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                                      American Platinum)
 Transaction date                :    20 March 2025
 Nature of transaction           :    Off market acceptance of conditional awards granted on 20
                                      March 2025
 Class of securities             :    Ordinary shares
 Number of shares                :    5726

Volume weighted average   :   R611.20
Price per share
Transaction value         :   R3,500,000
Nature of interest        :   Direct beneficial
Vesting date              :   1 October 2027, subject to certain performance conditions being met.

Clearance obtained        :   Yes

Director                  :   Martin Poggiolini
Company                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                              American Platinum)
Transaction date          :   20 March 2025
Nature of transaction     :   Off market acceptance of conditional awards granted on 20
                              March 2025
Class of securities       :   Ordinary shares
Number of shares          :   5726
Volume weighted average   :   R611.20
Price per share
Transaction value         :   R3,500,000
Nature of interest        :   Direct beneficial
Vesting date              :   1 October 2027, subject to certain performance conditions being met.

Clearance obtained        :   Yes

Director                  :   Agit Singh
Company                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                              American Platinum)
Transaction date          :   20 March 2025
Nature of transaction     :   Off market acceptance of conditional awards granted on 20
                              March 2025
Class of securities       :   Ordinary shares
Number of shares          :   5726
Volume weighted average   :   R611.20
Price per share
Transaction value         :   R3,500,000
Nature of interest        :   Direct beneficial
Vesting date              :   1 October 2027, subject to certain performance conditions being met.

Clearance obtained        :   Yes

Director                  :   Seboleleng Virginia Tyobeka
Company                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                              American Platinum)
Transaction date          :   20 March 2025
Nature of transaction     :   Off market acceptance of conditional awards granted on 20
                              March 2025
Class of securities       :   Ordinary shares
Number of shares          :   5726
Volume weighted average   :   R611.20
Price per share
Transaction value         :   R3,500,000
Nature of interest        :   Direct beneficial
Vesting date              :   1 October 2027, subject to certain performance conditions being met.

Clearance obtained        :   Yes
                                                                                                                        
Company Secretary                :    Fiona Edmundson
Company                          :    Anglo American Platinum Limited
Transaction date                 :    20 March 2025
Nature of transaction            :    Off market acceptance of conditional awards granted on 20
                                      March 2025
Class of securities              :    Ordinary shares
Number of shares                 :    2863
Volume weighted average          :    R611.20
Price per share
Transaction value                :    R1,750,000
Nature of interest               :    Direct beneficial
Vesting date                     :    1 October 2027, subject to certain performance conditions being met.

Clearance obtained               :    Yes

The number of shares awarded is determined by the 10-day volume weighted average price immediately prior to
the award date of 20 March 2025.

SALE OF SHARES BY DIRECTORS OF A MAJOR SUBSIDIARY COMPANY TO SETTLE TAX OBLIGATIONS WITH RESPECT
TO THE VESTING OF SHARE AWARDS

As required in terms of the JSE Limited Listings Requirements, Anglo American Platinum hereby advises shareholders
of the sale of shares in terms of the Company's Long-Term Incentive Plan ("BSP") (the "scheme").

This announcement relates to the sale of shares pursuant to the vesting of BSP awards granted on 1 March 2022 as
well as vesting of one third of BSP awards granted on 1 March 2023 (BSP21). These awards are subject to a respective
three-year and two-year holding period and vested on 1 March 2023 after the termination of the Company's closed
period. The details of the BSP scheme are set out in the Remuneration Report contained within the Company's 2024
Governance Report.

The following transactions are on market sales of BSP shares to settle tax obligations associated with the vesting of
the share awards after the holding period:

 Director and CEO                :    Craig Miller
 Company                         :    Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                                      American Platinum)

 Transaction date                :    3 March 2025
 Nature of transaction           :    On-market sale of BSP shares vested on 1 March 2025
 Class of securities             :    Ordinary shares
 Number of shares sold           :    1237
 Volume weighted average         :    R588.84
 Price per share
 Transaction value               :    R728,405.22
 Nature of interest              :    Direct beneficial
 Clearance obtained              :    Yes

 Director and CFO                :    Sayurie Naidoo
 Company                         :    Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                                      American Platinum)
 Transaction date                :    3 March 2025
 Nature of transaction           :    On-market sale of BSP shares vested on 1 March 2025
 Class of securities             :    Ordinary shares
 Number of shares sold           :    285
 Volume weighted average         :    R588.84
 Price per share
 Transaction value               :    R167,819.40
 Nature of interest              :    Direct beneficial


 Clearance obtained        :   Yes

 Director                  :   Seboleleng Virginia Tyobeka
 Company                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                               American Platinum)
 Transaction date          :   3 March 2025
 Nature of transaction     :   On-market sale of BSP shares vested on 1 March 2025
 Class of securities       :   Ordinary shares
 Number of shares sold     :   515
 Volume weighted average   :   R588.84
 Price per share
 Transaction value         :   R303,256.83
 Nature of interest        :   Direct beneficial
 Clearance obtained        :   Yes

 Director                  :   Martin Poggiolini
 Company                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                               American Platinum)
 Transaction date          :   3 March 2025
 Nature of transaction     :   On-market sale of BSP shares vested on 1 March 2025
 Class of securities       :   Ordinary shares
 Number of shares sold     :   385
 Volume weighted average   :   R588.84
 Price per share
 Transaction value         :   R226,703.40
 Nature of interest        :   Direct beneficial
 Clearance obtained        :   Yes

 Director                  :   Yvonne Mfolo
 Company                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                               American Platinum)
 Transaction date          :   3 March 2025
 Nature of transaction     :   On-market sale of BSP shares vested on 1 March 2025
 Class of securities       :   Ordinary shares
 Number of shares sold     :   618
 Volume weighted average   :   R588.84
 Price per share
 Transaction value         :   R363,908.18
 Nature of interest        :   Direct beneficial
 Clearance obtained        :   Yes

 Director                  :   Agit Singh
 Company                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo
                               American Platinum)
 Transaction date          :   3 March 2025
 Nature of transaction     :   On-market sale of BSP shares vested on 1 March 2025
 Class of securities       :   Ordinary shares
 Number of shares sold     :   404
 Volume weighted average   :   R588.84
 Price per share
 Transaction value         :   R 237,891.36
 Nature of interest        :   Direct beneficial
 Clearance obtained        :   Yes

24 March 2025
Johannesburg
                                                                                                                    

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: 24-03-2025 04:16:59
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