10th Mar 2005 15:45
Anglo American PLC10 March 2005 ANGLO AMERICAN PLC (the "Company") DIRECTORS' INTERESTS - BONUS SHARE PLAN ("BSP") The Company announces that on 10 March 2005, the Company was advised that on 8March 2005, the following awards of ordinary shares of US$0.50 in the capital ofthe Company ("Shares") were made for nil consideration pursuant to the BSP . Theawards were based on a share price of £12.96 per Share, being the mid-marketprice per Share on the pricing date of 25 February 2005. In accordance with thedetermination of the Remuneration Committee, and in accordance with the rules ofthe BSP, the Company awarded, on Tuesday 8 March 2005, the number of Sharesunder the BSP specified below, conditional on continued employment, subject tothe rules of the BSP, until 31 December 2007: Director SharesMr B E Davison 15,013Mr A W Lea 16,527Mr A J Trahar 46,354 In accordance with the determination of the Remuneration Committee, and inaccordance with the rules of the BSP, the Company also awarded, on Tuesday 8March 2005, the number of enhancement Shares specified below, conditional uponthe attainment of a stretching earnings per share performance condition during athree-year performance period ending on 31 December 2007: Director SharesMr B E Davison 11,259Mr A W Lea 12,395Mr A J Trahar 34,765 DIRECTORS' SHARE INTERESTS The following table provides details of all the directors' current interests(excluding share options) in the ordinary shares of the Company following theabove transactions: As at 10 March 2005 ---------------------------------------- Non Beneficial Conditional beneficial(6) ------------------------------------------------------------------ Deferred bonus share match(2) BSP Bonus BSP Enhancement Shares(4) Shares(5) SIP(1) LTIP(3)------------ -------- ----- ------- ------- ------- --------- --------A J Trahar(6) 108,482 357 32,219 295,286 95,924 71,943 767,778B E Davison 35,311 - 5,267 129,820 27,718 20,788 -A W Lea(7) 77,473 357 12,803 142,164 33,441 25,081 -Sir Mark 19,814 - - - - - -Moody-Stuart (8)D J Challen 2,000 - - - - - -Dr C E Fay 5,853 - - - - - -R M Godsell(6) 92 - - - - - 767,778G Lindahl 11,735 - - - - - -R J Margetts(9) 9,259 - - - - - -Dr M S B Marques 752 - - - - - -N F 59,126,043 - - - - - 767,778Oppenheimer(6)(10)F T M Phaswana 9,103 - - - - - -Sir David 11,392 - - - - - -ScholeyProf K A L M 500 - - - - - -Van Miert ------------ -------- ------ ------- ------- ------- --------- -------- (1) The award of these Shares is conditional upon the participant'scontinued employment by the Group until three years after the conditional grantdate. (2) The award of these Shares is conditional upon the participant'scontinued employment by the Group until three years after the grant date. (3) The award of Shares under the LTIP is conditional upon thesatisfaction of performance conditions. (4) The award of Bonus Shares under the BSP is conditional upon theparticipant's continued employment by the Group until three years after theconditional grant date. (5) The award of Enhancement Shares under the BSP is conditional uponthe satisfaction of performance conditions as well as continued employment. (6) Messrs Godsell and Oppenheimer are deemed to be interested in TheErnest Oppenheimer Memorial Trust's holding of 767,778 shares of virtue of beingTrustees and Mr A J Trahar is also deemed to be interested by virtue of his wifebeing a Trustee. None of them is a beneficiary of the Trust. (7) A W Lea's beneficial interest includes 200 Shares arising as aresult of his son's interest in these Shares. (8) Sir Mark Moody-Stuart's beneficial interest includes 12,500 Sharesarising as a result of his interest in a family trust. (9) R J Margetts' beneficial interest in 9,259 Shares arises as aresult of his wife's interest in these Shares. (10) N F Oppenheimer's beneficial interest in 59,125,951 of these Sharesarises as a result of his interest in a discretionary trust which is treated asinterested in 52,250,206 Shares in which E Oppenheimer & Son Holdings Limited istreated as interested and 6,870,745 Shares in which Central Holdings Limited istreated as interested. The 6,870,745 Shares referred to above are Shares held byDebswana Diamond Company (Pty) Limited, in which N F Oppenheimer and CentralHoldings Limited have no economic interest. His interest in 5,000 of theseShares arises as a result of his wife's interest in a trust which has anindirect economic interest in those Shares. N Jordan Company Secretary 10 March 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Anglo American