Anglo American PLC

Director's Dealing • Mar 11, 2022

National Storage Mechanism | Additional information

RNS Number : 5364E

Anglo American PLC

11 March 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 transactions by Directors / PDMRs

Awards of Ordinary Shares were made under the Company's Bonus Share Plan ("BSP") and Long Term Incentive Plan ("LTIP") at nil cost on 11 March 2022 to Directors/PDMRs as detailed below. A share price of £39.007 (JSE: ZAR804.658), set in early March, and as approved by the Company's Remuneration Committee, has been used to determine the number of shares awarded.

Awards made under the BSP

Under the terms of the BSP, one third of each Share award will vest and be released on 11 March 2024, subject to continued employment. The remaining two thirds of each award will vest and be released on 11 March 2025.

As announced in November 2021, Mark Cutifani will step down as Chief Executive at the Company's Annual General Meeting on 19 April 2022 (the "2022 AGM") and will remain employed by Anglo American until 30 June 2022.  He will continue to provide services to the Group in support of a smooth transition for the incoming Chief Executive. As explained in the Directors' Remuneration Report of the Company's 2021 Integrated Annual Report (the "2021 Remuneration Report"), Mr Cutifani's Share awards will vest at their original vesting dates.

Name of Director / PDMR	Number of Shares
Mark Cutifani	28,295
Stephen Pearce	17,053
Tony O'Neill	17,684
Didier Charreton	11,572
Bruce Cleaver	13,469
Nolitha Fakude	7,998
Ruben Fernandes	11,551
Anik Michaud	12,209
Duncan Wanblad	14,074
Peter Whitcutt	16,663

Awards made under the LTIP

The LTIP provides Directors and executive management with Shares awarded on a conditional basis as determined by the Remuneration Committee. These awards 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.

As announced in November 2021, Duncan Wanblad will be appointed as Anglo American's Chief Executive at the Company's 2022 AGM, following the retirement of Mark Cutifani.  Mr Wanblad will be eligible to be considered for an LTIP award as Chief Executive, and the Company intends that an award be granted to Mr Wanblad following his appointment as Chief Executive on 19 April 2022, subject to his election as a Director of the Company at the 2022 AGM.

As explained in the 2021 Remuneration Report, Mr Cutifani will not receive an LTIP award in 2022. 

Name of Director / PDMR	Number of Shares
Stephen Pearce	66,779
Tony O'Neill	69,253
Didier Charreton	35,156
Bruce Cleaver	50,751
Nolitha Fakude	25,018
Ruben Fernandes	48,076
Anik Michaud	36,174
Themba Mkhwanazi	44,863
Peter Whitcutt	47,857

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

Mark Cutifani

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 Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	28,295

e)

Aggregated information

Aggregated volume

Price

28,295

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Stephen Pearce

2.

Reason for the notification

a)

Position / status

Finance Director (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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	17,053

e)

Aggregated information

Aggregated volume

Price

17,053

GBP 0.00

f)

Date of the transaction

2022-03-11

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

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	66,779

e)

Aggregated information

Aggregated volume

Price

66,779

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Tony O'Neill

2.

Reason for the notification

a)

Position / status

Technical Director (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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	17,684

e)

Aggregated information

Aggregated volume

Price

17,684

GBP 0.00

f)

Date of the transaction

2022-03-11

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

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	69,253

e)

Aggregated information

Aggregated volume

Price

69,253

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Didier Charreton

2.

Reason for the notification

a)

Position / status

Group Director - People & Organisation (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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	11,572

e)

Aggregated information

Aggregated volume

Price

11,572

GBP 0.00

f)

Date of the transaction

2022-03-11

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

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	35,156

e)

Aggregated information

Aggregated volume

Price

35,156

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Bruce Cleaver

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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	13,469

e)

Aggregated information

Aggregated volume

Price

13,469

GBP 0.00

f)

Date of the transaction

2022-03-11

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

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	50,751

e)

Aggregated information

Aggregated volume

Price

50,751

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Nolitha Fakude

2.

Reason for the notification

a)

Position / status

Group Director - South Africa (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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	1,804

e)

Aggregated information

Aggregated volume

Price

1,804

GBP 0.00

f)

Date of the transaction

2022-03-11

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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

ZAR - South African Rand

d)

Price(s) and volume(s)

Price(s)	Volume(s)
ZAR 0.00	6,194

e)

Aggregated information

Aggregated volume

Price

6,194

ZAR 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

Johannesburg Stock Exchange - XJSE

4.3

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	5,412

e)

Aggregated information

Aggregated volume

Price

5,412

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

4.4

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

ZAR - South African Rand

d)

Price(s) and volume(s)

Price(s)	Volume(s)
ZAR 0.00	19,606

e)

Aggregated information

Aggregated volume

Price

19,606

ZAR 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

Johannesburg Stock Exchange - XJSE

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Ruben Fernandes

2.

Reason for the notification

a)

Position / status

CEO of Base Metals (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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	11,551

e)

Aggregated information

Aggregated volume

Price

11,551

GBP 0.00

f)

Date of the transaction

2022-03-11

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

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	48,076

e)

Aggregated information

Aggregated volume

Price

48,076

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Anik Michaud

2.

Reason for the notification

a)

Position / status

Group Director - Corporate Relations and Sustainable Impact (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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	12,209

e)

Aggregated information

Aggregated volume

Price

12,209

GBP 0.00

f)

Date of the transaction

2022-03-11

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

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	36,174

e)

Aggregated information

Aggregated volume

Price

36,174

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / PCA

a)

Name

Themba Mkhwanazi

2.

Reason for the notification

a)

Position / status

CEO of Bulk Commodities (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	44,863

e)

Aggregated information

Aggregated volume

Price

44,863

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Duncan Wanblad

2.

Reason for the notification

a)

Position / status

Group Director - Strategy and Business Development (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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	14,074

e)

Aggregated information

Aggregated volume

Price

14,074

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Peter Whitcutt

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

Award of Shares under the terms of the Anglo American plc Bonus Share Plan. One third of the Share award will be released on 11 March 2024 and two thirds on 11 March 2025.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	16,663

e)

Aggregated information

Aggregated volume

Price

16,663

GBP 0.00

f)

Date of the transaction

2022-03-11

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

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	47,857

e)

Aggregated information

Aggregated volume

Price

47,857

GBP 0.00

f)

Date of the transaction

2022-03-11

g)

Place of the transaction

London Stock Exchange - XLON

Clare Davage

Deputy Company Secretary

11 March 2022

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