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ANGLO AMERICAN PLATINUM LIMITED - Sale Of Shares By Directors Of A Major Subsidiary Company To Settle Tax Obligations

Release Date: 30/04/2025 12:00
Code(s): AMS     PDF:  
Wrap Text
Sale Of Shares By Directors Of A Major Subsidiary Company To Settle Tax Obligations

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")

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 ("LTIP") (the "scheme").

This announcement relates to the sale of shares pursuant to the vesting of LTIP awards granted on 13 April 2022.
These awards are subject to a three-year holding period and vested on 13 April 2025. In addition to the three-year
holding period, the LTIP awards are also subject to stringent performance conditions and vest only if the pre-
determined performance conditions are met. The details of the LTIP scheme are set out in the Remuneration Report
contained within the Company's 2024 Governance Report available on www.angloamericanpaltinum.com.

The following transactions are on market sales of LTIP shares associated with the vesting of the share awards after
the three year holding period and the level of performance conditions met to settle tax obligations associated with
the vesting of the share awards:


 Director and CEO               :     Craig Miller
 Company                        :     Anglo American Platinum Limited
 Transaction date               :     14 April 2025
 Nature of transaction          :     On market sale of LTIP shares vested on 13 April 2025
 Class of securities            :     Ordinary shares
 Number of shares sold          :     796.00
 Minimum selling price                R685.08
 Maximum selling price                R685.00
 Average Price per share        :     R685.00
 Transaction value              :     R545,267.56
 Nature of interest             :     Direct beneficial
 Clearance obtained             :     Yes

 Director and CFO               :     Sayurie Naidoo
 Company                        :     Anglo American Platinum Limited
 Transaction date               :     14 April 2025
 Nature of transaction          :     On market sale of LTIP shares vested on 13 April 2025
 Class of securities            :     Ordinary shares
 Number of shares sold          :     59
 Minimum selling price                R685.08
 Maximum selling price                R685.00
 Average Price per share        :     R685.00
 Transaction value              :     R40,415.56
 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               :     14 April 2025
 Nature of transaction          :     On market sale of LTIP shares vested on 13 April 2025

 Class of securities              :    Ordinary shares
 Number of shares sold            :    364
 Minimum selling price                 R685.08
 Maximum selling price                 R685.00
 Average Price per share          :    R685.00
 Transaction value                :    R249,343.46
 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                 :    14 April 2025
 Nature of transaction            :    On market sale of LTIP shares vested on 13 April 2025
 Class of securities              :    Ordinary shares
 Number of shares sold            :    79
 Minimum selling price                 R685.08
 Maximum selling price                 R685.00
 Average Price per share          :    R685.00
 Transaction value                :    R54,115.75
 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                 :    14 April 2025
 Nature of transaction            :    On market sale of LTIP shares vested on 13 April 2025
 Class of securities              :    Ordinary shares
 Number of shares sold            :    71
 Minimum selling price                 R685.08
 Maximum selling price                 R685.00
 Average Price per share          :    R685.00
 Transaction value                :    R48,635.67
 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                 :    14 April 2025
 Nature of transaction            :    On market sale of LTIP shares vested on 13 April 2025
 Class of securities              :    Ordinary shares
 Number of shares sold            :    335
 Minimum selling price                 R685.08
 Maximum selling price                 R685.00
 Average Price per share          :    R685.00
 Transaction value                :    R229,478.18
 Nature of interest               :    Direct beneficial
 Clearance obtained               :    Yes


30 April 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: 30-04-2025 12:00:00
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