Kumba Iron Ore Limited
A member of the Anglo American plc group (Incorporated in the Republic of South Africa) (Registration number 2005/015852/06) Share code: KIO
ISIN: ZAE000085346 ("Kumba" or "the Company")
ACCEPTANCE OF AWARD OF FORFEITABLE SHARES BY DIRECTORS AND THE COMPANY SECRETARY
In terms of the JSE Limited Listings Requirements, the following information is disclosed pursuant to the grant and acceptance of forfeitable shares in terms of the Rules of the Company's Bonus and Retention Plan ("BRP"):
Director:
Company: Grant date: Acceptance date: Nature of transaction: Class of securities: Number of shares:
Award price per share*: Value of transaction: Nature of interest: Clearance obtained:
Director:
Company: Grant date: Acceptance date: Nature of transaction: Class of securities: Number of shares:
Award price per share*: Value of transaction: Nature of interest: Clearance obtained:
Company Secretary: Company:
Grant date: Acceptance date: Nature of transaction: Class of securities: Number of shares:
Award price per share*: Value of transaction: Nature of interest: Clearance obtained:
Nompumelelo Dessederia Zikalala Kumba Iron Ore Limited
1 March 2022
14 March 2022
Off market grant and acceptance of forfeitable shares Ordinary shares
3,247
(33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that the director remains in the employ of the Anglo American plc group of companies)
R628.88
R2,041,973.36 Direct beneficial Yes
Bothwell Anesu Mazarura
Kumba Iron Ore Limited 1 March 2022
14 March 2022
Off market grant and acceptance of forfeitable shares Ordinary shares
3,930
(33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that the director remains in the employ of the Anglo American plc group of companies)
R628.88
R2,471,498.40 Direct beneficial Yes
Fazila Patel
Kumba Iron Ore Limited 1 March 2022
14 March 2022
Off market grant and acceptance of forfeitable shares Ordinary shares
1,711
(33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that the company secretary remains in the employ of the Anglo American plc group of companies)
R628.88
R1,076,013.68 Direct beneficial Yes
- Award price per share is based on a 3-day VWAP ended 24 February 2022 of a Kumba share. The highest and lowest prices traded for Kumba shares over each day were as follows:
Date | Highest price | Lowest price |
per share | per share | |
22 February 2022 | R676.00 | R627.92 |
23 February 2022 | R663.57 | R639.95 |
24 February 2022 | R636.00 | R592.50 |
Centurion
14 March 2022
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
For further information, please contact: | |
Company Secretary | |
Fazila Patel | |
fazila.patel@angloamerican.com | |
Tel: +27 12 683 7060 | |
Mobile: +27 83 297 2293 | |
Investors | Media |
Penny Himlok | Sinah Phochana |
penny.himlok@angloamerican.com | sinah.phochana@angloamerican.com |
Tel: +27 12 622 8324 | Tel: +27 12 683 7019 |
Mobile: +27 82 781 1888 | Mobile: +27 76 066 0655 |
Notes to editors: |
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape Province. Kumba exports iron ore to customers around the globe including in China, Japan, South Korea and a number of countries in Europe and the Middle East.
www.angloamericankumba.com
Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our customers - safely and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and metallurgical coal for steelmaking, and nickel - with crop nutrients in development - we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining mining to improve people's lives.
www.angloamerican.com
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Kumba Iron Ore Ltd. published this content on 14 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2022 16:13:03 UTC.