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")
DEALING IN SECURITIES BY A MAJOR SUBSIDIARY IN TERMS OF THE RULES OF THE BONUS AND RETENTION SHARE PLAN ("BRP")
In compliance with the JSE Limited Listings Requirements, Kumba announces that Sishen Iron Ore Company (Pty) Ltd has, in accordance with paragraph
7.4.1 of the amended Bonus and Retention Share Plan ("BRP") approved by shareholders at the Annual General Meeting held on 10 May 2019, purchased Kumba shares in the open market on behalf of a participant to settle the share award made in terms of the BRP.
Name of Company | : Sishen Iron Ore Company Proprietary | |
Limited, a major subsidiary of Kumba | ||
Date of transaction | : | 15 March 2022 |
Nature of transaction | : On-market purchase of securities | |
Class of securities | : | Ordinary shares |
Number of securities | : | 13,841 |
Volume Weighted Average Purchase price | : | R593.4267 |
Highest price per share | : | R598.00 |
Lowest price per share | : | R591.49 |
Total transaction value | : | R8,213,618.95 |
Nature of Interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Centurion
16 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 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 05:37:00 UTC.