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VALTERRA PLATINUM LIMITED - Notification of major holdings

Release Date: 05/06/2025 15:00
Code(s): VAL     PDF:  
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Notification of major holdings

Valterra Platinum Limited
(previously Anglo American Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
JSE Share Code: VAL
LSE Share Code: VALT
ISIN: ZAE000013181
("the Company" or "Valterra Platinum")

5 June 2025


Notification of major holdings

As a result of Valterra Platinum's secondary listing, the Company is required to notify both the London and Johannesburg Stock
Exchanges of matters which are required to be disclosed under the Disclosure Guidance and Transparency Rules and the Listing
Rules of the Financial Conduct Authority (the "FCA").

Accordingly, the Company advises of the receipt of the following TR-1 notification –


NOTIFICATION OF MAJOR HOLDINGS


1a. Identity of the issuer or the underlying issuer of                               Valterra Platinum Limited
 existing shares to which voting rights are attached ii:                                (ISIN: ZAE000013181)

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer                                                                                                        X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

 An acquisition or disposal of voting rights

 An acquisition or disposal of financial instruments

 An event changing the breakdown of voting rights
 Other (please specify) iii: Notification required following issuer's admission to listing on the equity shares
 (international commercial companies secondary) listing category of the FCA's official list and admission to
                                                                                                                      X
 trading on the LSE's main market for listed securities


3. Details of person subject to the notification obligation iv

Name                                                         Anglo American International Limited

City and country of registered office (if applicable)        Port Louis, Mauritius

4. Full name of shareholder(s) (if different from 3.) v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reached
vi                                                            2 June 2025
  :

6. Date on which issuer notified (DD/MM/YYYY):                4 June 2025

7. Total positions of person(s) subject to the notification obligation

                                                    % of voting rights
                      % of voting rights                                                                 Total number of voting
                                                    through financial         Total of both in % (8.A
                      attached to shares                                                                 rights held in issuer (8.A +
                                                      instruments                      + 8.B)
                         (total of 8. A)                                                                 8.B) vii
                                                 (total of 8.B 1 + 8.B 2)
Resulting
situation on the
date on which
                              15.51                      0.00                          15.51                       40,714,769
threshold was
crossed or
reached
Position of
previous
notification (if
applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares
 Class/type of              Number of voting rights ix                         % of voting rights
 shares
ISIN code (if possible)            Direct                    Indirect                    Direct                         Indirect
                                  (DTR5.1)                  (DTR5.2.1)                  (DTR5.1)                       (DTR5.2.1)
Ordinary Shares
                                    40,714,769                  0                      15.51                            0.00
(ZAE000013181)




SUBTOTAL 8. A                                 40,714,769                                                15.51




B 1: Financial Instruments according to DTR5.3.1R (1) (a)
                                                                            Number of voting rights that
Type of financial           Expiration     Exercise/                        may be acquired if the
                                                                                                                % of voting rights
instrument                  date x         Conversion Period xi             instrument is
                                                                            exercised/converted.




                                           SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
                                         Exercise/
Type of financial   Expiration                                  Physical or cash       Number of
                                         Conversion Period                                                  % of voting rights
instrument          date x               xi                     Settlement xii         voting rights




                                                                SUBTOTAL 8.B.2


9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity             X
(please add additional rows as necessary) xiv
                                                                       % of voting rights
                                                                        through financial
                                            % of voting rights if it
Ultimate                                                               instruments if it       Total of both if it equals or is
                   Name of controlled         equals or is higher
controlling                                                           equals or is higher        higher than the notifiable
                      undertaking             than the notifiable
person                                                                    than the                      threshold
                                                   threshold
                                                                            notifiable
                                                                            threshold
Anglo
American                                            15.51                      0                      15.51%
plc
Anglo
                 Anglo American
American                                            15.51                      0                      15.51%
                 Services (UK) Ltd
plc
Anglo            Anglo American
American         Investments (UK)                   15.51                      0                      15.51%
plc              Limited
Anglo
                 Anglo American
American                                            15.51                      0                      15.51%
                 Holdings Limited
plc
Anglo
                 Anglo American
American                                            15.51                      0                      15.51%
                 Overseas Limited
plc
Anglo
                 Anglo American
American                                            15.51                      0                      15.51%
                 International Limited
plc

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held


11. Additional information xvi
Anglo American International Limited is a wholly-owned and indirect subsidiary of Anglo American plc.
 
Place of
                        London, United Kingdom
completion
 
Date of
                        4 June 2025
completion


JSE sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities


For further information, please contact:


Company Secretary
Fiona Edmundson
fiona.edmundson@valterraplatinum.com


Investors:
Theto Maake
theto.maake@valterraplatinum.com


Marcela Grochowina
marcela.grochowina@valterraplatinum.com


Media:
Cindy Maneveld
cindy.maneveld@valterraplatinum.com


About Valterra Platinum
Valterra Platinum Limited is one of the world's leading integrated producers of platinum group metals (PGMs) with a primary
listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange. With a portfolio of outstanding
long-life mines and proven processing assets, we responsibly and safely mine precious metals and associated co-products from
our rich mineral resource endowment and process the PGMs and co-products at our smelting and refining operations located in
South Africa and Zimbabwe. Our fully integrated value chain is supported by marketing hubs in London, Singapore and Shanghai
to deliver tailored solutions for our customers. The Company will continue to be disciplined in its capital allocation, integrating
sustainability into everything it does, to support the company's investment in its mining and processing capabilities, market
development activities to grow and commercialise new demand segments, continue to make a meaningful difference to the
development of the communities around our operations and return consistent and superior returns to shareholders. Valterra
Platinum is committed to zero harm, capital allocation discipline and delivering on our value-accretive strategic priorities as a
standalone, leading integrated PGM producer, guided by our purpose of unearthing value to better our world.

Date: 05-06-2025 03:00:00
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