REG - Anglo American PLC - Director/PDMR Shareholding

Anglo AmericanAnnouncement

15/04/2024 16:15

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RNS Number : 6758K  Anglo American PLC  15 April 2024

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  Anglo American plc Ordinary Shares of USD0.54945 each

      Identification Code

                                               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                        25,659

      Price                                    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  Anglo American plc Ordinary Shares of USD0.54945 each

      Identification Code

                                               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                        12,085

      Price                                    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  Anglo American plc Ordinary Shares of USD0.54945 each

      Identification Code

                                               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                        7,264

      Price                                    GBP 0.00
 f)   Date of the transaction                  2024-04-15
 g)   Place of the transaction                 London Stock Exchange - XLON

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

 

 

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