5th Nov 2009 14:01
Anglo Platinum Limited
(incorporated in the Republic of South Africa)
(Registration No. 1946/022452/06)
JSE Share Code: AMS ISIN: ZAE000013181)
("the Company")
DELISTING AND TERMINATION OF SECONDARY LISTING ON THE LONDON STOCK EXCHANGE ("LSE")
In terms of Section 5.2.8 of the LSE Listings Requirements and Section 18.8 of the JSE Listings Requirements, shareholders are hereby notified that the Company has taken a decision to terminate its secondary listing on the LSE. Whilst the Company remains cognizant of the interest of all shareholders, the rationale for delisting on the LSE is chiefly dictated by the low volume of trade in the Company's shares on the LSE, the UK register comprising a fraction of the overall total shareholding. The company has determined that the secondary listing is administratively intensive and costly and is of the view that the volume of trade over the past few years does not sufficiently warrant a presence in London, nor the expense of maintaining a secondary listing on the LSE. Shareholders are further notified that all shareholders reflected on the UK register as at the record date of 4 December, 2009, currently administered by Capita Registrars, will be transferred onto the South African Register administered by Computershare Transfer Secretaries in South Africa.
The company delisted from Euronext on the Brussels Bourse during 2007 and International Depository Receipt ("IDR") holders were afforded the opportunity to exchange their IDR's for ordinary shares, for a period of one year until June 2008. Holders of IDR's are able to exchange their IDR's for cash (Rand value) on presentation of the instruments to ING Belgium/Soges-Fiducem. An announcement to this effect was published on Euronext during May 2007.
The company maintains its primary listing on the JSE.
Shareholders on the UK Register are required to inform the Transfer Secretaries in South Africa whether they wish to hold their documents of title in electronic or certificated form. If shareholders elect a dematerialised format, they are required to seek advice from their broker or a South African based Central Securities Depository Participant ("CSDP") as to the required procedures. Alternatively, if shareholders elect to remain in certificated form, the address to which the replacement certificate is to be posted must be provided to the Transfer Secretaries in South Africa.
The delisting from the LSE has been approved and the JSE notified, and the Salient Dates are as follows:
|
2009 |
|
|
Last day to trade on the LSE |
Friday 4 December |
|
Surrender of share certificates to UK Transfer Secretaries |
Friday 4 December |
|
Merger of Registers |
5 and 6 December |
|
Suspension of trading of Anglo Platinum shares on LSE trading system |
Monday 7 December |
|
Delisting from the LSE |
Monday 7 December |
|
Commencement of Trading of merged register on the JSE |
Monday 7 December |
Enquiries to be directed to
J D Meyer Johannesburg
Group Company Secretary 5 November, 2009
Sponsor
Merrill Lynch South Africa (Pty) Limited
Related Shares:
Anpario