Director/PDMR Shareholding

RNS Number : 0777J
Anglo American PLC
22 April 2022
 

Anglo American plc (the "Company")

Registered office: 17 Charterhouse Street, London EC1N 6RA, United Kingdom

Registered number: 3564138 (incorporated in England and Wales)

LEI: 549300S9XF92D1X8ME43

 

Notification of transaction by Director / PDMR

 

The Company announces an award of Ordinary Shares under the Company's Long Term Incentive Plan ("LTIP") to Duncan Wanblad, following his appointment as Anglo American's Chief Executive on 19 April 2022. The award was made under the LTIP at nil cost on 21 April 2022 to Mr Wanblad on the same terms as those granted to Directors and PDMRs as announced on 11 March 2022. A share price of £41.21875 per share as approved by the Company's Remuneration Committee has been used to determine the number of shares awarded.

 

The LTIP provides Directors and executive management with Shares awarded on a conditional basis as determined by the Remuneration Committee. This award will vest on 11 March 2025, subject to the satisfaction of performance conditions as explained in the 2021 Remuneration Report. The vested Shares will then be subject to a further holding period of two years and will be released on 11 March 2027.

 

In accordance with Article 19 of the UK Market Abuse Regulation, the relevant FCA notification is set out below.

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Duncan Wanblad

2.

Reason for the notification

a)

Position / status

Chief Executive (Director/PDMR)

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Full name of the entity

Anglo American plc

b)

LEI

549300S9XF92D1X8ME43

4.

Details of the transaction(s)

a)

Description of the financial instrument

 

Identification Code

Anglo American plc Ordinary Shares of USD0.54945 each

 

 

GB00B1XZS820

b)

Nature of the transaction

Award of Shares under the terms of the Anglo American plc Long Term Incentive Plan .  Subject to the satisfaction of performance conditions, the award will vest on 11 March 2025; the Shares will then be subject to a further holding period of two years and will be released on 11 March 2027 .

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

90,978

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

90,978

 

GBP 0.00

f)

Date of the transaction

2022-04-21

g)

Place of the transaction

London Stock Exchange - XLON

 

 

Clare Davage

Deputy Company Secretary

22 April 2022

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