Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

AngloGold Ashanti

24th Mar 2006 07:02

Anglo American PLC24 March 2006 News Release 24 March 2006 Anglo American plc Announces Secondary Offering of Ordinary Shares ofAngloGold Ashanti Anglo American plc ("Anglo American") announces (pursuant to SEC Rule 134) thatits subsidiary AngloGold Ashanti Limited ("AngloGold Ashanti") has filed anautomatic shelf registration statement with the United States Securities andExchange Commission with respect to the global sale of approximately 17.6million ordinary shares of AngloGold Ashanti held by Anglo American, plus anadditional 4.2 million ordinary shares held by Anglo American that may be soldat the option of the underwriters. The registration statement was filed pursuantto the terms of a Registration Rights Agreement between AngloGold Ashanti andAnglo American. As announced by AngloGold Ashanti earlier today, AngloGold Ashanti willsimultaneously conduct a primary offering of approximately 10.3 million ordinaryshares, to be used for project development, capital expenditure, generalcorporate purposes and to reduce short term debt. Goldman, Sachs & Co. and UBS Investment Bank are acting as joint globalcoordinators and joint bookrunners for the offering and BMO Nesbitt Burns andJPMorgan Securities will act as co-managers for the offering. The terms of thecombined offering are set forth in a preliminary prospectus supplement filedtoday with the United States Securities and Exchange Commission. The prospectussupplement relating to the offering may be obtained free of charge from theUnited States Securities and Exchange Commission's web site at www.sec.gov.Copies of the preliminary prospectus supplement, when available, may be obtainedfrom the offices of Goldman, Sachs & Co., 85 Broad Street, New York, New York10004, telephone: 1-212-902-1000 or UBS Securities LLC, 1285 Avenue of theAmericas, New York, New York 10019-6028, telephone: 1-888-827-7275. For further information: Investor Inquiries Nick von SchirndingTel: +44 207 968 8540 Charles GordonTel: +44 207 968 8933 Anne DunnTel: +27 11 638 4730 Media Inquiries Pamela BellTel: +44 207 968 8568 Daniel NgwepeTel: +27 11 638 2267 This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Anglo American
FTSE 100 Latest
Value9,012.99
Change20.87