REG - Valterra Platinum - Notice of disposal of beneficial interests

Bank of AmericaAnnouncement

05/09/2025 11:15

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RNS Number : 2123Y  Valterra Platinum Limited  05 September 2025

Valterra Platinum Limited

(previously Anglo American Platinum Limited)

(Incorporated in the Republic of South Africa)

(Registration number: 1946/022452/06)

JSE Share Code: VAL

LSE Share Code: VALT

ISIN: ZAE000013181

("The Company" or "Valterra Platinum")

 

5 September 2025

 

Notice of disposal of beneficial interests in the securities of the Company in
terms of Section 122 of the Companies Act

 

Further to the announcements released by Anglo American plc and the Company on
3  and 4 September 2025 respectively, and in accordance with section
122(3)(b) of the Companies Act, 71 of 2008, as amended (the "Companies Act")
and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders
are advised that the Company has been informed that the Anglo American group
has disposed of its entire remaining 19.9% stake in the Company, held through
the entities listed below, such that the Anglo American group now holds 0% of
the issued ordinary shares in the Company -

 

1.         Anglo American International Limited;

2.         Tenon Investment Holdings Proprietary Limited;

3.         Epoch Investment Holdings (RF) Proprietary Limited (Epoch);

4.         Epoch Two Investment Holdings (RF) Proprietary Limited
(Epoch Two);

5.         Tarl Investment Holdings (RF) Proprietary Limited (Tarl).

 

Craig Miller, CEO of Valterra Platinum, said: "The sale of Anglo American's
remaining 19.9% shareholding in Valterra Platinum, marks a key milestone in
the demerger process that was announced to the market in May 2024. It is
pleasing to note Anglo American's confidence in Valterra Platinum as a leading
integrated PGM producer and its position to benefit from the attractive
structural PGM market dynamics. We thank Anglo American for their contribution
in our transition to a standalone entity and I have full confidence in our
management team and employees, to deliver on our strategic objectives.  We
are well positioned to continue delivering leading shareholder returns and
create value for all stakeholders."

 

As required in terms of section 122(3)(a) of the Companies Act, the Company
has filed the required notices with the Takeover Regulation Panel.

 

RESPONSIBILITY STATEMENT

 

The Board of Directors of the Company (the "Board"), individually and
collectively, accepts responsibility for the accuracy of the information
contained in this announcement which relates to the Company. To the best of
the Board's knowledge and belief, the information contained in this
announcement is true and nothing has been omitted which is likely to affect
the importance of such information.

JSE sponsor:

Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities

 

For further information, please contact:

 

Investors:

Leroy Mnguni

leroy.mnguni@valterraplatinum.com

 

Marcela Grochowina

marcela.grochowina@valterraplatinum.com

 

Media:

Cindy Maneveld

cindy.maneveld@valterraplatinum.com

 

Company Secretary

Fiona Edmundson

fiona.edmundson@valterraplatinum.com

 

About Valterra Platinum

Valterra Platinum Limited is one of the world's leading integrated producers
of platinum group metals (PGMs) with a primary listing on the Johannesburg
Stock Exchange and a secondary listing on the London Stock Exchange. With a
portfolio of world class, long-life mines and the most efficient processing
assets in the industry, the company responsibly mines, smelts and refines PGMs
and associated co-products from its operations located in South Africa and
Zimbabwe. With its integrated value chain, supported by marketing hubs in
London, Singapore and Shanghai, the company delivers tailored solutions for
its customers. The Company continues to integrate sustainability into
everything it does, supports investment in its mining and processing
capabilities and pursues market development activities to grow and
commercialise new demand segments. It also makes a meaningful impact to
communities around its operations and will deliver consistent and superior
returns to shareholders. Valterra Platinum is committed to zero harm, capital
allocation discipline and delivering on our value-accretive strategic
priorities as a standalone, leading integrated PGM producer, guided by our
purpose of unearthing value to better our world

 

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