Anglo American plc (the
"Company")
Registered office: 17 Charterhouse Street, London EC1N 6RA,
United Kingdom
Registered number: 3564138 (incorporated in England and
Wales)
LEI:
549300S9XF92D1X8ME43
Notification of transactions
by a Director / PDMR
The Company announces the following
transactions in its Ordinary Shares by a Director/PDMR.
The transactions are in connection
with John Heasley's appointment to the Company's Board as Finance
Director on 1 December 2023, as certain buyout awards were made to
him as compensation for incentives forfeited from his previous
employer under the Company's Non-Cyclical Share Award Plan ("NCA"),
structured on a 'like for like' basis to mirror the terms of the
forfeited incentives. Full details of Mr. Heasley's remuneration
arrangements following his appointment as Finance Director are set
out in the Directors' remuneration report of the Company's 2023
Integrated Annual Report (the "2023 remuneration
report").
Vesting of shares awarded at nil
cost under the NCA
As announced on 1 December 2023, an
award was made to Mr. Heasley under the NCA, vesting in three
tranches.
On 15 April 2024, the first tranche
of the award vested and 25,659
shares were released. 12,085 of these shares were
sold to cover withholding taxes and 13,574 net shares have been
retained by Mr. Heasley. The vesting of each tranche remains
subject to the performance underpins attached to the award being
met, as publicly disclosed by Mr. Heasley's previous employer. The
remaining portion of the first tranche of the award did not vest
and lapsed on the same date. The net shares released under the
award are subject to a further two-year holding period, during
which time they may not be sold or transferred.
Award of shares at nil cost under
the NCA
On 15 April 2024, following the
recent publication of his previous employer's 2023 annual report,
Mr. Heasley was granted an award of 7,264 shares under the
Company's NCA to compensate him for the shares that would have been
granted in April 2024 in relation to his 2023 bonus. The award will
vest in April 2027, aligned to the vesting date of the award Mr.
Heasley forfeited from his previous employer.
In accordance with Article 19 of the
UK Market Abuse Regulation, the relevant FCA notifications are set
out below.
1.
|
Details of PDMR / person closely associated
(PCA)
|
a)
|
Name
|
John Heasley
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
Finance Director
(Director/PDMR)
|
b)
|
Initial notification /
amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Full name of the entity
|
Anglo American plc
|
b)
|
LEI
|
549300S9XF92D1X8ME43
|
4.1
|
Details of the transaction(s)
|
a)
|
Description of the financial
instrument
Identification Code
|
Anglo American plc Ordinary Shares
of USD0.54945 each
GB00B1XZS820
|
b)
|
Nature of the transaction
|
Release of Shares awarded in
December 2023 under the terms of the Anglo American plc
Non-Cyclical Share Award Plan.
|
c)
|
Currency
|
GBP - British Pound
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
GBP 0.00
|
25,659
|
|
e)
|
Aggregated information
Aggregated volume
Price
|
25,659
GBP 0.00
|
f)
|
Date of the transaction
|
2024-04-15
|
g)
|
Place of the transaction
|
London Stock Exchange -
XLON
|
4.2
|
Details of the transaction(s)
|
a)
|
Description of the financial
instrument
Identification Code
|
Anglo American plc Ordinary Shares
of USD0.54945 each
GB00B1XZS820
|
b)
|
Nature of the transaction
|
Sale of Shares released under the
terms of the Anglo American plc Non-Cyclical Share Award Plan
to cover tax.
|
c)
|
Currency
|
GBP - British Pound
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
GBP 22.2428
|
12,085
|
|
e)
|
Aggregated information
Aggregated volume
Price
|
12,085
GBP 22.2428
|
f)
|
Date of the transaction
|
2024-04-15
|
g)
|
Place of the transaction
|
London Stock Exchange -
XLON
|
4.3
|
Details of the transaction(s)
|
a)
|
Description of the financial
instrument
Identification Code
|
Anglo American plc Ordinary Shares
of USD0.54945 each
GB00B1XZS820
|
b)
|
Nature of the transaction
|
Award of
Shares under the terms of the Anglo American plc Non-Cyclical Share
Award Plan in
compensation for incentives forfeited from a previous employer.
This award will vest in April 2027, aligned to the vesting date of
the forfeited award.
|
c)
|
Currency
|
GBP - British Pound
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
GBP 0.00
|
7,264
|
|
e)
|
Aggregated information
Aggregated volume
Price
|
7,264
GBP 0.00
|
f)
|
Date of the transaction
|
2024-04-15
|
g)
|
Place of the transaction
|
London Stock Exchange
- XLON
|
Clare Davage
Deputy Company Secretary
15 April 2024