7th Nov 2005 16:09
Anglo American PLC07 November 2005 Anglo American plc (the "Company") Anglo American Share Incentive Plan - SIP The SIP is an Inland Revenue approved trust arrangement, operated throughHalifax plc, under which employees are able to buy ordinary shares in theCompany of US$0.50 each ("ordinary shares"), using monthly deductions fromsalary, and are allocated an equivalent number of free ordinary shares("matching shares"). Both the purchased shares and the matching shares are heldin the SIP trust. The matching shares are acquired by the SIP Trust andallocated to the relevant employees. During the short period of time betweenacquisition and allocation, the executive directors of the Company are deemed tobe interested in those shares. The following transactions took place in relation to the SIP on Monday 7November 2005: 1. The SIP trust acquired a total of 11,597 ordinary shares at a price of £16.70 each, and allocated them to employee participants as matching shares. The executive directors were deemed to become interested in those ordinary shares on acquisition, and to cease to be interested in them on allocation. 2. The following executive directors and persons discharging managerial responsibility of the Company each purchased 7 ordinary shares at a price of £16.70 and were allocated 7 matching shares, free of charge: R J King (person discharging managerial responsibility) A W Lea (director) R S Robertson (person discharging managerial responsibility) P Smith (person discharging managerial responsibility) S R Thompson (director) A J Trahar (director) The notification of these transactions is to satisfy the Company's obligationsunder the Financial Services Authority Disclosure Rules 3.1.2 to 3.1.4. N JordanCompany Secretary7 November 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Anglo American