Print this page Email this link Decrease font size Increase font size
You are here: Home > 2013 > Dealing in securities by a director and the company secretary of AngloGold Ashanti Limited

Dealing in securities by a director and the company secretary of AngloGold Ashanti Limited in terms of the AngloGold share incentive scheme


Acrobat Version
Tuesday, March 05, 2013

In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that the following director and company secretary have exercised share options and purchased ordinary shares respectively, after having received clearance to do so in terms of Listings Requirement 3.66. The options were granted in terms of the AngloGold Share Incentive Scheme.

The Chief Executive Officer, Mr Mark Cutifani has exercised 35,580 share options and have applied all of the after-tax proceeds, net of costs, to acquire 53,014 ordinary shares in his own name.

AngloGold Ashanti discloses the following information on the above dealing as follows:

Shares sold to settle tax and selling costs
Name of director M Cutifani
Name of company AngloGold Ashanti Limited
Date of transaction 1 March 2013
Nature of transaction On-market sale of shares to fund tax liability in relation to the below options and costs incurred in such a sale
Class of security Ordinary shares
Number of shares 35,580
Purchase price per share R217.77
Value transaction R7,748,156.97
Extent of interest Direct,beneficial
Prior clearance to deal Obtained

Options exercised
Name of director M Cutifani
Name of company AngloGold Ashanti Limited
Date of transaction 1 March 2013
Nature of transaction Off-market exercise of share options
Class of security Options in respect of ordinary shares
Date options granted Between 2010, 2011 and 2012
Date options vested Between 2011 and 2012
Number of options exercised 53,014
Option strike price NIL
Value of options exercised R11,544,710.34

In terms of the Co-Investment Plan (CIP), executives are allowed to take up to 50% of their after tax cash bonus to participate in a further matching scheme by purchasing shares in AngloGold Ashanti, and the company will match their initial investment into the scheme at 150%, with vesting over a two-year period in two equal tranches.

Purchase of shares
Name of officer ME Perez Sanz
Name of company AngloGold Ashanti Limited
Date of transaction 1 March 2013
Nature of transaction On-market purchase of shares
Class of security Ordinary shares
Number of shares 1,135
Purchase price per share R217.21
Value transaction R246,533.35
Extent of interest Direct,beneficial
Prior clearance to deal Obtained

JSE SPONSOR: UBS Limited

ENDS


Contacts
Media
Alan Fine +27 11 6376383 / +27 83 250 0757 afine@anglogoldashanti.com
Chris Nthite +27 11 6376388 / +27 83 301 2481 cnthite@anglogoldashanti.com
Stewart Bailey +1 646 338 4337 / +27 83 253 2021 sbailey@anglogoldashanti.com
General inquiries +27 11 637 6031 media@anglogoldashanti.com
 
Investors
Stewart Bailey +1 646 338 4337 / +27 83 253 2021 sbailey@anglogoldashanti.com
Sabrina Brockman (US & Canada) +1 (212) 858 7702 / +1 646 379 2555 sbrockman@anglogoldashanti.com
Mike Bedford (UK & Europe) +44 779 497 7881 / +44 1225 93 8483 mbedford@anglogoldashanti.com
General inquiries +27 11 6376059 investors@anglogoldashanti.com



Certain statements made in this communication, other than statements of historical fact, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, cash costs and other operating results, growth prospects and outlook of AngloGold Ashanti’s operations, individually or in the aggregate, including the achievement of project milestones, the completion and commencement of commercial operations of certain of AngloGold Ashanti’s exploration and production projects and the completion of acquisitions and dispositions, AngloGold Ashanti’s liquidity and capital resources and capital expenditure and the outcome and consequence of any potential or pending litigation or regulatory proceedings or environmental issues, are forward-looking statements regarding AngloGold Ashanti’s operations, economic performance and financial condition. These forward-looking statements or forecasts involve known and unknown risks, uncertainties and other factors that may cause AngloGold Ashanti’s actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied in these forward-looking statements or forecasts. Although AngloGold Ashanti believes that the expectations reflected in such forward-looking statements or foreacsts 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, among other factors, changes in economic, social, political and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions including environmental approvals, fluctuations in gold prices and exchange rates, and business and operational risk management. For a discussion of certain of these and other factors, refer to AngloGold Ashanti's annual report for the year ended 31 December 2011, which was distributed to shareholders on 4 April 2012, the company’s 2011 annual report on Form 20-F, which was filed with the Securities and Exchange Commission in the United States on 23 April 2012 and the prospectus supplement to the company’s prospectus dated July 17, 2012 that was filed with the Securities and Exchange Commission on July 25, 2012. These factors are not necessarily all of the important factors that could cause AngloGold Ashanti’s actual results to differ materially from those expressed in any forward-looking statements. Other unknown or unpredictable factors could also have material adverse effects on future results. Consequently, stakeholders are cautioned not to place undue reliance on forward-looking statements. 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, except to the extent required by applicable law. All subsequent written or oral forward-looking statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein.

This communication may contain certain "Non-GAAP" financial measures. AngloGold Ashanti utilises certain Non-GAAP performance measures and ratios in managing its business. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the reported operating results or cash flow from operations or any other measures of performance prepared in accordance with IFRS. In addition, the presentation of these measures may not be comparable to similarly titled measures other companies may use.

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.




 
[top]
©  2014  AngloGold Ashanti Limited

Developed by 3fifteen | Designed by Russell and Associates