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Director/PDMR Shareholding

1st Aug 2008 16:30

RNS Number : 5039A
Anglo Platinum Limited
01 August 2008
 



Anglo Platinum Limited and its Subsidiaries ("Anglo Platinum") (Incorporated in the Republic of South Africa) (Registration number 1946/022452/06) JSE Codes: AMS; AMSP ISIN: ZAE000013181; ZAE000054474

A member of the Anglo American plc group

Directors Dealings

In terms of paragraph 3.63 - 3.74 of the Listings Requirements of JSE Limited, the following information is disclosed in respect of the acquisition of Anglo Platinum ordinary shares by a non-executive director of Anglo Platinum on 31 July 2008:

Name: Mohammed Valli Moosa

Number of shares acquired: 11 572

Nominal price per share acquired: R965-00

Total value: R11 166 980

Extent of director's interest: Direct beneficial

The shares have been acquired through a black economic empowerment (BEE) transaction with Lereko Investment Holdings, entered into in 2004 before Mr. Moosa became an Anglo Platinum director,  (such shares having been held in trust by the RPM Waterval Empowerment Trust on behalf o the beneficiaries, including Mr. Moosa), which served to facilitate the acquisition by Anglo Platinum of mining rights for Waterval Section as part of the Rustenburg Platinum Mines Operation. Conditions precedent now having been met pertaining to the transaction, the shares are being transferred to the beneficiaries of the Empowerment Trust. 

Prior written approval in terms of paragraph 3.66 of the Listings Requirements has been obtained.

Johannesburg

1 August, 2008

Sponsor

Merrill Lynch South Africa (Proprietary) Limited

This information is provided by RNS
The company news service from the London Stock Exchange
 
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