Last checked at 1 Dec 2023 13:00
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
The Company announces that awards of Ordinary Shares under the Company's Non-Cyclical Share Award Plan ("NCA") were made at nil cost on 1 December 2023 to an Executive Director.
An award has been made to John Heasley following the commencement of his employment with Anglo American. Mr Heasley has been granted an award of shares in compensation for incentives forfeited from his previous employer, following his appointment to the Company's Board of Directors as Finance Director on 1 December 2023. This award has been structured on a 'like for like' basis to broadly mirror the opportunity and terms of the forfeited incentives. This award will vest in three tranches, subject to continued employment, aligned to the vesting dates of Mr Heasley's awards from his previous employer in April 2024, 2025, and 2026. The vesting of each tranche will remain subject to the underpins attached to the original awards being met. Vested shares will be subject to a holding period of two years from the vesting date to align with the terms of the original awards.
Full details of Mr Heasley's remuneration arrangements will be set out in the Company's 2023 Directors' Remuneration Report.
In accordance with Article 19 of the UK Market Abuse Regulation, the relevant FCA notification is set out below.
1. | Details of PDMR / person closely associated (PCA) | |||||
a) | Name | John Heasley | ||||
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. | 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 Non-Cyclical Share Award Plan in compensation for incentives forfeited from a previous employer. This award will vest in three tranches aligned to the vesting dates of the forfeited awards in April 2024, 2025, and 2026. The vesting of each tranche will remain subject to the underpins attached to the original awards being met. Vested shares will also be subject to a holding period of two years from the vesting date, aligned to terms of the original awards. | ||||
c) | Currency | GBP - British Pound | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information
Aggregated volume
Price |
95,287
GBP 0.00 | ||||
f) | Date of the transaction | 2023-12-01 | ||||
g) | Place of the transaction | London Stock Exchange - XLON | ||||
Clare Davage
Deputy Company Secretary
1 December 2023