Dealing in Securities by Company Secretary of AngloGold Ashanti
OREANDA-NEWS. In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that the Company Secretary has dealt in ordinary shares of the Company, after having received clearance to do so in terms of JSE Listings Requirement 3.66. The transactions were pursuant to a Co-Investment Plan (CIP) for the Company's executives.
In terms of the CIP, executives are allowed to apply up to 50% of their after tax cash bonus to purchase AngloGold Ashanti ordinary shares. The Company then matches their investment at 150% through an on-market purchase of shares, with vesting over a two-year period in two equal tranches; the first vesting date being the anniversary of the date on which the executive purchased the shares and the second vesting date being the second anniversary of the date on which the executive purchased the shares.
The Company Secretary opted to participate in the CIP in 2013. This being the second anniversary of the date on which the Company Secretary purchased the shares in 2013, the Company has purchased and allocated matching shares to the Company Secretary as detailed below:
Name of officer - ME Sanz Perez
Name of company - AngloGold Ashanti Limited
Date of transaction - 04 March 2015
Nature of transaction - On-market purchase of shares by the Company, being the allocation of the matched portion in respect of the second tranche
Class of security - Ordinary shares
Number of shares purchased - 851
Average price per share - R126.48
Lowest price per share - R126.37
Highest price per share - R126.50
Value of transaction (including fees) - R108,470.91
Extent of interest - Direct, Beneficial
Prior clearance to deal – Obtained.
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