Business
Results of bookbuild offering of shares in AAP
Results of bookbuild offering of shares in AAP.
About this update from Anglo American Plc
[{"type":"text","content":"\n\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAWS AND REGULATIONS.\n \nTHE SHARES TO WHICH THIS ANNOUNCEMENT RELATES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE \"SECURITIES ACT\"), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THERE WILL NOT BE A PUBLIC OFFERING OF SUCH SHARES IN THE UNITED STATES OR IN ANY OTHER JURISDICTION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\n \nONLY FOR DISTRIBUTION IN AUSTRALIA TO PERSONS WHO ARE \"SOPHISTICATED INVESTORS\" OR \"PROFESSIONAL INVESTORS\" AS DEFINED IN SECTIONS 708(8) OR 708(11) OF THE AUSTRALIAN CORPORATIONS ACT 2001 (CTH) (CORPORATIONS ACT) AND \"WHOLESALE CLIENTS\" AS DEFINED IN CHAPTER 7 OF THE CORPORATIONS ACT.\n \nNOT A SOLICITATION OF ANY PERSON IN CANADA EXCEPT ACCREDITED INVESTORS AND PERMITTED CLIENTS IN ALBERTA, BRITISH COLUMBIA, ONTARIO AND QUEBEC ONLY.\n \n \n\n\n\n\n27 November 2024\n\n\n\n\nResults of Anglo American's accelerated bookbuild offering of shares in Anglo American Platinum Limited\n\n\n\n\n\n\n\n\n\nFurther to the announcement released on 26 November 2024 regarding the launch of an accelerated bookbuild offering (the \"Placing\"), Anglo American South Africa Proprietary Limited (\"AASA\"), a wholly owned subsidiary of Anglo American plc (\"Anglo American\"), has sold 17,500,000 ordinary shares of Anglo American Platinum Limited (the \"Placing Shares\"), representing approximately 6.6% of the total issued ordinary share capital of Anglo American Platinum, at a price of ZAR548 per share.\n \nThe Placing raised gross proceeds of ZAR9.6 billion (approximately US$527 million). Anglo American Platinum is not a party to the Placing and will not receive any proceeds.\n \nSettlement of the Placing Shares is expected to occur on or about 2 December 2024 (on a T+3 basis) on the Johannesburg Stock Exchange.\n \nFollowing completion of the Placing, AASA's remaining shares in Anglo American Platinum will be subject to a lock-up of 90 days, subject to customary exceptions. The demerger of Anglo American Platinum...