Director/PDMR Shareholding

Anglo American PLC
06 March 2024
 

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 transactions by Directors / PDMRs

The Company announces the following transactions in its Ordinary Shares ("Shares") by Directors and PDMRs.

 

Vesting of Shares awarded at nil cost under the Company's Bonus Share Plan ("BSP"), Long Term Incentive Plan ("LTIP") and Non-Cyclical Share Awards Plan ("NCA").

 

On 4 March 2024, awards made under the BSP, LTIP and NCA vested to a Director and PDMRs and Shares were released and sold to cover withholding taxes as noted below at £17.3653 per share (or JSE: ZAR407.6388 per share).

 

Awards granted under the LTIP in 2021 vested at 40.33% based on the extent to which the relevant performance conditions were met. Further details can be found in the Directors' remuneration report of the Company's 2023 Integrated Annual Report (the "2023 remuneration report"), published on 4 March 2024. The awards therefore vested to the following Director and PDMRs, to the extent noted below. The remaining portion of the share awards did not vest and lapsed on the same date.

 

Awards granted under the BSP to PDMRs vest in two tranches. For grants made up to 2020, the first tranche, equal to two thirds of the award, vests three years after grant and the remaining third vests as a second tranche five years from grant. For grants made from 2021, the first tranche, equal to one third of the award, vests two years after grant and the remaining two thirds vests as a second tranche three years after grant. First tranches of the 2022 BSP awards and the second tranche of the 2019 and 2021 BSP awards have vested as set out below.

 

Awards granted under the NCA were made to Monique Carter and Al Cook following the start of their employment with the Group in 2023, and to Themba Mkhwanazi following his appointment to the executive leadership team in 2020. The awards vest in March of each year, subject to continued employment.

 

Where applicable, Shares under award in the table below are inclusive of adjustments to existing awards under the BSP, LTIP and NCA following the demerger of Anglo American's thermal coal operations, as announced on 18 June 2021. Further details can be found in the 2021 Directors' remuneration report.

 

All Shares were released net of Shares sold to cover taxes as indicated below. The net Shares released under all LTIP awards, except for those made to Matt Daley and Matt Walker as these awards were granted prior to their appointments to the executive leadership team in 2023, are subject to a further two-year holding period, during which time they may not be sold or transferred.

 

Director/PDMR

Share Plan

Shares under award

Shares Vested

Shares sold for tax

Net Shares retained by Director/PDMR

Duncan Wanblad

2021 LTIP

68,548

27,645

12,994

14,651

Duncan Wanblad

2019 BSP

11,373

11,373

5,346

6,027

Duncan Wanblad

2021 BSP

8,251

8,251

3,878

4,373

Duncan Wanblad

2022 BSP

4,785

4,785

2,249

2,536

Monique Carter

2023 NCA

85,825

85,825

40,338

45,487

Al Cook

2023 NCA

8,052

8,052

3,785

4,267

Matt Daley

2021 LTIP

19,081

7,694

3,618

4,076

Matt Daley

2021 BSP

4,332

4,332

2,037

2,295

Matt Daley

2022 BSP

2,142

2,142

1,007

1,135

Ruben Fernandes

2021 LTIP

62,443

25,182

11,836

13,346

Ruben Fernandes

2019 BSP

4,700

4,700

2,192

2,508

Ruben Fernandes

2021 BSP

9,553

9,553

4,490

5,063

Ruben Fernandes

2022 BSP

3,927

3,927

1,846

2,081

Tom McCulley

2021 BSP

4,297

4,297

1,653

2,644

Tom McCulley

2022 BSP

2,474

2,474

1,060

1,414

Themba Mkhwanazi

2020 NCA

9,191

9,191

4,823

4,368

Richard Price

2021 LTIP

46,851

18,894

8,881

10,013

Richard Price

2019 BSP

7,698

7,698

3,619

4,079

Richard Price

2021 BSP

6,795

6,795

3,194

3,601

Richard Price

2022 BSP

4,036

4,036

1,897

2,139

Matt Walker

2021 LTIP

14,059

5,669

2,665

3,004

Matt Walker

2021 BSP

3,287

3,287

1,546

1,741

Matt Walker

2022 BSP

1,471

1,471

692

779

 

Other transactions in Shares by a Director/PDMR

 

The Company further announces that on 5 March 2024, Stuart Chambers, Chairman, transferred Shares held by him to an individual savings account ("ISA") held in his name. The ISA transfer was effected by the sale and immediate repurchase of Shares. Following the ISA transfer, the number and beneficial ownership of Shares held by Mr. Chambers is unchanged.

 

In accordance with Article 19 of the UK Market Abuse Regulation, the relevant FCA notifications are 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

4.1

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

Release of Shares awarded in March 2019, March 2021 and March 2022 under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

27,645

GBP 0.00

11,373

GBP 0.00

8,251

GBP 0.00

4,785

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

52,054

 

GBP 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON              

4.2

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

Sale of Shares released under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan to cover tax.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 17.3653

12,994

GBP 17.3653

5,346

GBP 17.3653

3,878

GBP 17.3653

2,249

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

24,467

 

GBP 17.3653

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Monique Carter

2.

Reason for the notification

a)

Position / status

People & Organisation 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

4.1

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

Release of Shares awarded in June 2023 under the terms of the Anglo American plc Non-Cyclical Share Awards Plan.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

85,825

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

85,825

 

GBP 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON              

4.2

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

Sale of Shares released under the terms of the Anglo American plc Non-Cyclical Share Awards Plan to cover tax. 

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 17.3653

40,338

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

40,338

 

GBP 17.3653

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Al Cook

2.

Reason for the notification

a)

Position / status

CEO of De Beers (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

4.1

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

Release of Shares awarded in March 2023 under the terms of the Anglo American plc Non-Cyclical Share Awards Plan.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

8,052

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

8,052

 

GBP 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON              

4.2

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

Sale of Shares released under the terms of the Anglo American plc Non-Cyclical Share Awards Plan to cover tax. 

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 17.3653

3,785

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

3,785

 

GBP 17.3653

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Matt Daley

2.

Reason for the notification

a)

Position / status

Technical & Operations 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

4.1

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

Release of Shares awarded in March 2021 and March 2022 under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

7,694

GBP 0.00

4,332

GBP 0.00

2,142

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

14,168

 

GBP 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON              

4.2

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

Sale of Shares released under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan to cover tax.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 17.3653

3,618

GBP 17.3653

2,037

GBP 17.3653

1,007

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

6,662

 

GBP 17.3653

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Ruben Fernandes

2.

Reason for the notification

a)

Position / status

Regional Director, Americas (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

4.1

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

Release of Shares awarded in March 2019, March 2021 and March 2022 under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

25,182

GBP 0.00

4,700

GBP 0.00

9,553

GBP 0.00

3,927

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

43,362

 

GBP 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON              

4.2

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

Sale of Shares released under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan to cover tax.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 17.3653

11,836

GBP 17.3653

2,192

GBP 17.3653

4,490

GBP 17.3653

1,846

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

20,364

 

GBP 17.3653

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Tom McCulley

2.

Reason for the notification

a)

Position / status

CEO of Crop Nutrients (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

4.1

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

Release of Shares awarded in 2021 and 2022 under the terms of the Anglo American plc Bonus Share Plan.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

4,297

GBP 0.00

2,474

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

6,771

 

GBP 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON              

4.2

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

Sale of Shares released under the terms of the Anglo American plc Bonus Share Plan to cover tax.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 17.3653

1,653

GBP 17.3653

1,060

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

2,713

 

GBP 17.3653

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Themba Mkhwanazi

2.

Reason for the notification

a)

Position / status

Regional Director, Africa & Australia (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

4.1

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

Release of Shares awarded in March 2020 under the terms of the Anglo American plc Non-Cyclical Share Awards Plan.

c)

Currency

ZAR - South African Rand

d)

Price(s) and volume(s)

Price(s)

Volume(s)

ZAR 0.00

9,191

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

9,191

 

ZAR 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

Johannesburg Stock Exchange - XJSE

4.2

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

Sale of Shares released under the terms of the Anglo American plc Non-Cyclical Share Awards Plan to cover tax.

c)

Currency

ZAR - South African Rand

d)

Price(s) and volume(s)

Price(s)

Volume(s)

ZAR 407.6388

4,823

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

4,823

 

ZAR 407.6388

f)

Date of the transaction

2024-03-05

g)

Place of the transaction

Johannesburg Stock Exchange - XJSE

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Richard Price

2.

Reason for the notification

a)

Position / status

Legal & Corporate Affairs 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

4.1

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

Release of Shares awarded in 2019, 2021 and 2022 under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

18,894

GBP 0.00

7,698

GBP 0.00

6,795

GBP 0.00

4,036

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

37,423

 

GBP 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON              

4.2

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

Sale of Shares released under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan to cover tax.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 17.3653

8,881

GBP 17.3653

3,619

GBP 17.3653

3,194

GBP 17.3653

1,897

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

17,591

 

GBP 17.3653

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Matt Walker

2.

Reason for the notification

a)

Position / status

CEO of Marketing (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

4.1

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

Release of Shares awarded in 2021 and 2022 under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

5,669

GBP 0.00

3,287

GBP 0.00

1,471

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

10,427

 

GBP 0.00

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON              

4.2

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

Sale of Shares released under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan to cover tax.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 17.3653

2,665

GBP 17.3653

1,546

GBP 17.3653

692

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

4,903

 

GBP 17.3653

f)

Date of the transaction

2024-03-04

g)

Place of the transaction

London Stock Exchange - XLON

 

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Stuart Chambers

2.

Reason for the notification

a)

Position / status

Chairman (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

ISA transfer effected by the sale and immediate repurchase of Shares with no change in beneficial ownership.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Shares sold

 

 

Shares repurchased

Price(s)

Volume(s)

GBP 17.33

19,478

 

Price(s)

Volume(s)

GBP 17.33

19,478

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

n/a - single transaction

f)

Date of the transaction

2024-03-05

g)

Place of the transaction

London Stock Exchange - XLON

 

Clare Davage

Deputy Company Secretary

6 March 2024

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings