Anglo American plc (the 'Company')
Registered office: 20 Carlton House Terrace, London SW1Y 5AN
Registered number: 3564138 (incorporated in England and Wales)
Notification of transactions by Directors / PDMRs
The Company received notification on 5 and 6 March 2018 of the following transactions in its Ordinary Shares by Directors/PDMRs:
Vesting of Shares awarded at nil cost under the Company's Bonus Share Plan ("BSP") and Long Term Incentive Plan ("LTIP")
Awards made under the BSP and LTIP in March 2015 vested on 3 March 2018 to Directors/PDMRs as noted below. Shares were released and sold to cover withholding taxes on 5 March 2018, the first trading day after vesting, at £16.934 per share.
In the case of awards granted under the LTIP in 2015, the relevant performance conditions were met as to 50% (full details can be found in the Company's 2017 Annual Report and Accounts). 50% of the awards therefore vested to the following Directors/PDMRs, net of the shares sold to cover taxes, as noted below. The net shares are subject to a further two-year holding period, during which time they may not be sold or transferred. The remaining 50% of the share awards did not vest and lapsed on the same date.
Bruce Cleaver's and Anik Michaud's 2015 LTIP awards were made prior to their becoming PDMRs, therefore these were not subject to the performance condition or a holding period and have vested and been released in full.
Director/PDMR |
Share Plan |
Shares Granted |
Shares Vested |
Shares sold for tax |
Net shares retained by Director/PDMR |
Mark Cutifani |
BSP |
51,061 |
51,061 |
23,999 |
27,062 |
Mark Cutifani |
LTIP |
362,275 |
181,137 |
85,135 |
96,002 |
Tony O'Neill |
BSP |
31,381 |
31,381 |
14,750 |
16,631 |
Tony O'Neill |
LTIP |
195,000 |
97,500 |
45,825 |
51,675 |
Bruce Cleaver |
BSP |
29,508 |
29,508 |
13,870 |
15,638 |
Bruce Cleaver |
LTIP |
22,300 |
22,300 |
10,481 |
11,819 |
Seamus French |
BSP |
30,146 |
30,146 |
14,169 |
15,977 |
Seamus French |
LTIP |
135,000 |
67,500 |
31,725 |
35,775 |
Anik Michaud |
BSP |
15,204 |
15,204 |
7,146 |
8,058 |
Anik Michaud |
LTIP |
18,200 |
18,200 |
8,554 |
9,646 |
Duncan Wanblad |
BSP |
22,162 |
22,162 |
10,417 |
11,745 |
Duncan Wanblad |
LTIP |
135,000 |
67,500 |
31,725 |
35,775 |
Peter Whitcutt |
BSP |
28,670 |
28,670 |
13,475 |
15,195 |
Peter Whitcutt |
LTIP |
135,000 |
67,500 |
31,725 |
35,775 |
In accordance with Article 19 of the EU 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 |
4.1 |
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 2015 under the terms of the Anglo American plc Bonus Share Plan and Long Term Incentive Plan. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
51,061 |
GBP 0.00 |
181,137 |
|
e) |
Aggregated information Aggregated volume Price |
232,198 GBP 0.00 |
f) |
Date of the transaction |
2018-03-05 |
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 and Long Term Incentive Plan to cover tax. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 16.934 |
23,999 |
GBP 16.934 |
85,135 |
|
e) |
Aggregated information Aggregated volume Price |
109,134 GBP 16.934 |
f) |
Date of the transaction |
2018-03-05 |
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 |
Release of Shares awarded in March 2015 under the terms of the Anglo American plc Bonus Share Plan and Long Term Incentive Plan. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
31,381 |
GBP 0.00 |
97,500 |
|
e) |
Aggregated information Aggregated volume Price |
128,881 GBP 0.00 |
f) |
Date of the transaction |
2018-03-05 |
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 and Long Term Incentive Plan to cover tax. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 16.934 |
14,750 |
GBP 16.934 |
45,825 |
|
e) |
Aggregated information Aggregated volume Price |
60,575 GBP 16.934 |
f) |
Date of the transaction |
2018-03-05 |
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 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 2015 under the terms of the Anglo American plc Bonus Share Plan and Long Term Incentive Plan. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
29,508 |
GBP 0.00 |
22,300 |
|
e) |
Aggregated information Aggregated volume Price |
51,808 GBP 0.00 |
f) |
Date of the transaction |
2018-03-05 |
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 and Long Term Incentive Plan to cover tax. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 16.934 |
13,870 |
GBP 16.934 |
10,481 |
|
e) |
Aggregated information Aggregated volume Price |
24,351 GBP 16.934 |
f) |
Date of the transaction |
2018-03-05 |
g) |
Place of the transaction |
London Stock Exchange - XLON |
1. |
Details of PDMR / person closely associated (PCA) |
a) |
Name |
Seamus French |
2. |
Reason for the notification |
a) |
Position / status |
CEO of Bulk Commodities - Coal and Iron Ore (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 2015 under the terms of the Anglo American plc Bonus Share Plan and Long Term Incentive Plan. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
30,146 |
GBP 0.00 |
67,500 |
|
e) |
Aggregated information Aggregated volume Price |
97,646 GBP 0.00 |
f) |
Date of the transaction |
2018-03-05 |
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 and Long Term Incentive Plan to cover tax. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 16.934 |
14,169 |
GBP 16.934 |
31,725 |
|
e) |
Aggregated information Aggregated volume Price |
45,894 GBP 16.934 |
f) |
Date of the transaction |
2018-03-05 |
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 (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 2015 under the terms of the Anglo American plc Bonus Share Plan and Long Term Incentive Plan. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
15,204 |
GBP 0.00 |
18,200 |
|
e) |
Aggregated information Aggregated volume Price |
33,404 GBP 0.00 |
f) |
Date of the transaction |
2018-03-05 |
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 and Long Term Incentive Plan to cover tax. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 16.934 |
7,146 |
GBP 16.934 |
8,554 |
|
e) |
Aggregated information Aggregated volume Price |
15,700 GBP 16.934 |
f) |
Date of the transaction |
2018-03-05 |
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 |
CEO Base Metals & Group Director - Strategy & 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 |
Release of Shares awarded in March 2015 under the terms of the Anglo American plc Bonus Share Plan and Long Term Incentive Plan. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
22,162 |
GBP 0.00 |
67,500 |
|
e) |
Aggregated information Aggregated volume Price |
89,662 GBP 0.00 |
f) |
Date of the transaction |
2018-03-05 |
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 and Long Term Incentive Plan to cover tax. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 16.934 |
10,417 |
GBP 16.934 |
31,725 |
|
e) |
Aggregated information Aggregated volume Price |
42,142 GBP 16.934 |
f) |
Date of the transaction |
2018-03-05 |
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 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 March 2015 under the terms of the Anglo American plc Bonus Share Plan and Long Term Incentive Plan. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
28,670 |
GBP 0.00 |
67,500 |
|
e) |
Aggregated information Aggregated volume Price |
96,170 GBP 0.00 |
f) |
Date of the transaction |
2018-03-05 |
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 and Long Term Incentive Plan to cover tax. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 16.934 |
13,475 |
GBP 16.934 |
31,725 |
|
e) |
Aggregated information Aggregated volume Price |
45,200 GBP 16.934 |
f) |
Date of the transaction |
2018-03-05 |
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 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 |
Sale of Ordinary Shares |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 17.359 |
8,237 |
|
e) |
Aggregated information Aggregated volume Price |
8,237 GBP 17.359 |
f) |
Date of the transaction |
2018-03-06 |
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 |
Transfer of Ordinary Shares to spouse at nil cost. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
19,220 |
|
e) |
Aggregated information Aggregated volume Price |
19,220 GBP 0.00 |
f) |
Date of the transaction |
2018-03-06 |
g) |
Place of the transaction |
London Stock Exchange - XLON |
1. |
Details of PDMR / person closely associated (PCA) |
a) |
Name |
Adele Cleaver |
2. |
Reason for the notification |
a) |
Position / status |
PCA - Spouse of Bruce Cleaver, a 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 |
Transfer of Ordinary Shares from spouse at nil cost. |
c) |
Currency |
GBP - British Pound |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0.00 |
19,220 |
|
e) |
Aggregated information Aggregated volume Price |
19,220 GBP 0.00 |
f) |
Date of the transaction |
2018-03-06 |
g) |
Place of the transaction |
London Stock Exchange - XLON |
John Mills
Group Company Secretary
7 March 2018