5th Sep 2025 10:02
Valterra Platinum Limited
(previously Anglo American Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
JSE Share Code: VAL
LSE Share Code: VALT
ISIN: ZAE000013181
("The Company" or "Valterra Platinum")
5 September 2025
Notice of disposal of beneficial interests in the securities of the Company in terms of Section 122 of the Companies Act
Further to the announcements released by Anglo American plc and the Company on 3 and 4 September 2025 respectively, and in accordance with section 122(3)(b) of the Companies Act, 71 of 2008, as amended (the "Companies Act") and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that the Company has been informed that the Anglo American group has disposed of its entire remaining 19.9% stake in the Company, held through the entities listed below, such that the Anglo American group now holds 0% of the issued ordinary shares in the Company -
1. Anglo American International Limited;
2. Tenon Investment Holdings Proprietary Limited;
3. Epoch Investment Holdings (RF) Proprietary Limited (Epoch);
4. Epoch Two Investment Holdings (RF) Proprietary Limited (Epoch Two);
5. Tarl Investment Holdings (RF) Proprietary Limited (Tarl).
Craig Miller, CEO of Valterra Platinum, said: "The sale of Anglo American's remaining 19.9% shareholding in Valterra Platinum, marks a key milestone in the demerger process that was announced to the market in May 2024. It is pleasing to note Anglo American's confidence in Valterra Platinum as a leading integrated PGM producer and its position to benefit from the attractive structural PGM market dynamics. We thank Anglo American for their contribution in our transition to a standalone entity and I have full confidence in our management team and employees, to deliver on our strategic objectives. We are well positioned to continue delivering leading shareholder returns and create value for all stakeholders."
As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notices with the Takeover Regulation Panel.
RESPONSIBILITY STATEMENT
The Board of Directors of the Company (the "Board"), individually and collectively, accepts responsibility for the accuracy of the information contained in this announcement which relates to the Company. To the best of the Board's knowledge and belief, the information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of such information.
JSE sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
For further information, please contact:
Investors:
Leroy Mnguni
Marcela Grochowina
Media:
Cindy Maneveld
Company Secretary
Fiona Edmundson
About Valterra Platinum
Valterra Platinum Limited is one of the world's leading integrated producers of platinum group metals (PGMs) with a primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange. With a portfolio of world class, long-life mines and the most efficient processing assets in the industry, the company responsibly mines, smelts and refines PGMs and associated co-products from its operations located in South Africa and Zimbabwe. With its integrated value chain, supported by marketing hubs in London, Singapore and Shanghai, the company delivers tailored solutions for its customers. The Company continues to integrate sustainability into everything it does, supports investment in its mining and processing capabilities and pursues market development activities to grow and commercialise new demand segments. It also makes a meaningful impact to communities around its operations and will deliver consistent and superior returns to shareholders. Valterra Platinum is committed to zero harm, capital allocation discipline and delivering on our value-accretive strategic priorities as a standalone, leading integrated PGM producer, guided by our purpose of unearthing value to better our world
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