17th Aug 2009 12:45
TONGAAT HULETT: ANGLO AMERICAN PLC DISPOSES ITS SHAREHOLDING IN TONGAAT HULETT
Tongaat Hulett Limited
Registration number (1892/000610/06)
Share code: TON
ISIN ZAE000096541
TONGAAT HULETT: ANGLO AMERICAN PLC DISPOSES ITS SHAREHOLDING IN TONGAAT HULETT
Tongaat Hulett shareholders are referred to the announcement made today by Anglo American plc on the completion of its sale of the shares it owned in Tongaat Hulett to institutional investors.
The 51.2 million shares held by Anglo American were all sold in their bookbuild equity placing process. No exchangeable bonds will be issued by Anglo American.
Peter Staude, CEO of Tongaat Hulett, says "The bookbuild process highlighted interest by institutional fund managers, with Tongaat Hulett shares now widely held both locally and internationally."
The Anglo American announcement is available on the Stock Exchange News Service (SENS) on the JSE and the Regulatory News Service (RNS) on the LSE.
13 August 2009
Tongaat
Sponsor
INVESTEC BANK LIMITED
Related Shares:
Anglo American