Granting of options to directors and company secretarial personnel of AngloGold Ashanti Limited in terms of the AngloGold share incentive scheme
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| Thursday, February 19, 2009 |
In terms of JSE Listings Requirement 3.63 we hereby provide the following information regarding the granting of
options by the Company in terms of the AngloGold Share Incentive Scheme to directors and company secretarial
personnel.
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Date of notification | : | 18 February 2009 | |
Date of grant | : | 17 February 2009
On 29 April 2005 (as amended on 2 May 2008), shareholders approved the introduction of two new incentive plans, the key terms of which were
disclosed. The bonus share plan provides for the vesting of awards in two tranches – 40% in year one from date of grant and 60% in year two.
If however during years one and two, no options were exercised, then an additional 20% of awards granted will be issued and be fully vested three years from date of grant, provided that the participant is still in the employ of the company at the dates of vesting. Awards granted in terms of the long-term incentive plan (LTIP) vests three years after date of
grant, to the extent that the performance conditions, under which the awards were granted, are met. LTIP awards vest on 17 February 2012. Any awards not exercised within 10 years from date of grant will lapse. | |
Strike price | : | NIL cost to participant in accordance with the rules of the above plans | |
Class of security | : | Awards to acquire ordinary shares | |
Type of interest | : | Direct beneficial
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Clearance was obtained in terms of 3.66 of the JSE Listings Requirements.
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Name | Designation | Bonus Share Plan | Long-Term Incentive Plan |
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Cutifani : M | Director and CEO | 19,992 | 40,694 | |
Venkatakrishnan : S | Director and CFO | 15,268 | 21,238 | |
Eatwell : L | Company Secretary | 1,020 | 1,856 |
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Total awards granted to directors and company secretarial personnel | 36,280 | 63,788 |
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The awards granted above form part of a total award grant of | 740,609 | 528,538 | |
Number of participants | 1,558 | 87 | |
Market value per award at date of grant | R293.99 | R293.99 | |
Total number of ordinary shares currently held by the CEO, CFO and
Company Secretary is 10,000; 5,221 and 130, respectively. |
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Johannesburg
18 February 2009
JSE Sponsor : UBS Limited
| Queries |
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Tel: |
Mobile |
E-mail: |
| South Africa |
| Alan Fine (Media) |
+27 (0) 11 637 6383 |
+27 (0) 83 250 0757 |
afine@anglogoldashanti.com |
| Joanne Jones (Media) |
+27 (0) 11 637 6813 |
+27 (0) 82 896 0306 |
jjones@anglogoldashanti.com |
| Himesh Persotam (Investor Relations) |
+27 (0) 11 637 6647 |
+27 (0) 82 339 3890 |
hpersotam@anglogoldashanti.com |
Disclaimer
Certain statements made in this communication, including, without limitation, those concerning the proposed sale of
AngloGold Ashanti’s joint venture interest in the Boddington Gold Mine, the benefits anticipated from the proposed sale and
the timing of the satisfaction of the conditions precedent to the transaction, the timing of the repayment of AngloGold
Ashanti’s bridge financing and AngloGold Ashanti’s strategy to reduce its gold hedging position including the extent and
effects of the reduction, contain certain forward-looking statements regarding AngloGold Ashanti’s operations, economic
performance and financial condition. Although AngloGold Ashanti believes that the expectations reflected in such forwardlooking
statements are reasonable, no assurance can be given that such expectations will prove to have been correct.
Accordingly, results could differ materially from those set out in the forward-looking statements as a result of unanticipated
delays or difficulties in obtaining regulatory or third party approvals and other factors. For a discussion of such factors, that
may affect AngloGold Ashanti, including changes in economic and market conditions, success of business and operating
initiatives, changes in the regulatory environment and other government actions, fluctuations in gold prices and exchange
rates, and business and operational risk management, refer to AngloGold Ashanti's annual report for the year ended 31
December 2007, which was distributed to shareholders on 31 March 2008, and report to shareholders for the quarter and
nine months ended 30 September 2008, which was distributed to shareholders on 30 October 2008. AngloGold Ashanti
undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or
circumstances after today’s date or to reflect the occurrence of unanticipated events. All subsequent written or oral forwardlooking
statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary
statements herein.
AngloGold Ashanti posts information that is important to investors on the main page of its website at
www.anglogoldashanti.com and under the “Investors” tab on the main page. This information is updated regularly. Investors
should visit this website to obtain important information about AngloGold Ashanti.
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