REG - Anglo American PLC - Director/PDMR Shareholding

Anglo AmericanAnnouncement

07/05/2020 16:00

RNS Number : 3040M
  
Anglo American PLC
  
07 May 2020
  
 

Anglo American plc (the "Company") 
Registered office: 20 Carlton House Terrace, London SW1Y 5AN
Registered number: 3564138 (incorporated in England and Wales)
LEI: 549300S9XF92D1X8ME43
 
Notification of transactions by Directors / PDMRs
Awards of Ordinary Shares were made under the Company's Long Term Incentive Plan ("LTIP") at nil cost on 6 May 2020 to Directors/PDMRs as detailed below. 
 
The Remuneration Committee has approved the grant of 2020 LTIP awards, which will pay-out based on the achievement of stretching performance conditions over three years, as disclosed in the Directors' Remuneration Report of the Company's 2019 Integrated Annual Report. These conditions include both relative and absolute performance milestones set before the COVID-19 crisis took hold, and a number of challenging measures relating to, for example, energy and climate change. 
The LTIP awards were delayed from the usual grant date of early March, to allow for shareholder approval of the new Directors' Remuneration Policy and the rules of the Anglo American LTIP 2020, at the Company's AGM on 5 May. A share price of £18.133 (JSE: ZAR.362.507), set in early March, and as approved by the Remuneration Committee, has been used to determine the number of shares awarded.  
 
These awards will vest in March 2023, subject to the satisfaction of performance conditions as explained in the Directors' Remuneration Report of the Company's 2019 Integrated Annual Report. The vested Shares will then be subject to a further holding period of two years and will be released in March 2025. 
 



Name of Director / PDMR


Number of Shares 




Mark Cutifani 


226,879




Stephen Pearce 


136,734




Tony O'Neill


141,799




Didier Charreton 


71,983




Bruce Cleaver 


104,976




Nolitha Fakude 


51,126




Ruben Fernandes


98,439 




Seamus French


114,036




Anik Michaud


68,063




Duncan Wanblad


108,064 




Peter Whitcutt 


97,989 



 
In accordance with Article 19 of the EU Market Abuse Regulation, the relevant FCA notifications are set out below. 
 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Mark Cutifani




2.


Reason for the notification




a)


Position / status 


Chief Executive (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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025. 




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


226,879








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
226,879
 
GBP 0.00




f) 


Date of the transaction


2020-05-06




g)


Place of the transaction 


London Stock Exchange - XLON



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Stephen Pearce




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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


136,734








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
136,734
 
GBP 0.00




f) 


Date of the transaction


2020-05-06




g)


Place of the transaction 


London Stock Exchange - XLON



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Tony O'Neill




2.


Reason for the notification




a)


Position / status 


Technical 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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


141,799








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
141,799
 
GBP 0.00




f) 


Date of the transaction


2020-05-06




g)


Place of the transaction 


London Stock Exchange - XLON



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Didier Charreton




2.


Reason for the notification




a)


Position / status 


Group Director - People & Organisation (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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


71,983








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
71,983
 
GBP 0.00




f) 


Date of the transaction


2020-05-06




g)


Place of the transaction 


London Stock Exchange - XLON



 
 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Bruce Cleaver




2.


Reason for the notification




a)


Position / status 


CEO of De Beers (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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


104,976








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
104,976
 
GBP 0.00




f) 


Date of the transaction


2020-05-06




g)


Place of the transaction 


London Stock Exchange - XLON



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Nolitha Fakude 




2.


Reason for the notification




a)


Position / status 


Group Director, South Africa (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


Award of Shares under the terms of the Anglo American plc Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


11,081








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
11,081
 
GBP 0.00 




f) 


Date of the transaction


2020-05-06




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


Award of Shares under the terms of the Anglo American plc Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


ZAR - South African Rand 




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




ZAR 0.00


40,045








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
40,045
 
ZAR 0.00 




f) 


Date of the transaction


2020-05-06 




g)


Place of the transaction 


Johannesburg Stock Exchange - XJSE



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Ruben Fernandes




2.


Reason for the notification




a)


Position / status 


CEO of Base Metals (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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


98,439








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
98,439
 
GBP 0.00




f) 


Date of the transaction


2020-05-06




g)


Place of the transaction 


London Stock Exchange - XLON



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Seamus French




2.


Reason for the notification




a)


Position / status 


CEO of Bulk Commodities and other Minerals (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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


114,036








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
114,036
 
GBP 0.00




f) 


Date of the transaction


2020-05-06




g)


Place of the transaction 


London Stock Exchange - XLON



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Anik Michaud




2.


Reason for the notification




a)


Position / status 


Group Director - Corporate Relations (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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


68,063








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
68,063 
 
GBP 0.00




f) 


Date of the transaction


2020-05-06 




g)


Place of the transaction 


London Stock Exchange - XLON



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Duncan Wanblad




2.


Reason for the notification




a)


Position / status 


Group Director - Strategy & Business Development (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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


108,064








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
108,064
 
GBP 0.00




f) 


Date of the transaction


2020-05-06 




g)


Place of the transaction 


London Stock Exchange - XLON



 



1.


Details of PDMR / person closely associated (PCA)




a)


Name


Peter Whitcutt




2.


Reason for the notification




a)


Position / status 


CEO of Marketing (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.


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 Long Term Incentive Plan.  Subject to the satisfaction of performance conditions, the award will vest in March 2023; the Shares will then be subject to a further holding period of two years and will be released in March 2025.




c)


Currency


GBP - British Pound




d) 


Price(s) and volume(s)





Price(s)


Volume(s)




GBP 0.00


97,989








e)


Aggregated information 
 
Aggregated volume 
 
Price 


 
 
97,989 
 
GBP 0.00




f) 


Date of the transaction


2020-05-06 




g)


Place of the transaction 


London Stock Exchange - XLON



 
 
Clare Davage 
Deputy Company Secretary 
7 May 2020 
 
 


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  END
 
 
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