Anpario Regulatory News (ANP)

12 Feb 2007 07:00

Anglo Platinum Limited12 February 2007 Anglo Platinum Limited("Anglo Platinum" or "the company")Incorporated in the Republic of South AfricaRegistration number: 1946/022452/06JSE ordinary share code: AMSISIN code: ZAE000013181JSE preference share code: AMSPISIN code: ZAE000054474 Declaration of ordinary dividend andoption to elect to re-invest 50% of the cash dividend Notice is hereby given that the board of directors of Anglo Platinum hasdeclared a final dividend of 3 900 cents per ordinary share in respect of thefinancial year ended 31 December 2006 ("the cash dividend"). In addition, the board has proposed that ordinary shareholders be given theoption to elect("the re-investment election") to use 50% of the proceeds of the cash dividendto subscribe for whole new ordinary shares in Anglo Platinum ("the subscriptionshares"). The re-investment election will not be offered directly or indirectly,in the United States of America, Canada, Australia or Japan, unless certainexemptions from the requirements of these jurisdictions are demonstrated by theordinary shareholder concerned to be applicable. The number of subscription shares to which ordinary shareholders will becomeentitled if they elect the re-investment election, will be determined withreference to the issue price. The issue price will be the weighted averagetraded price of the ordinary shares of the company on the JSE Limited ("JSE")for the five business days ending Thursday, 1 March 2007 less 3 900 cents perordinary share, being the amount of the cash dividend per ordinary share. To the extent that the proceeds of 50% of the cash dividend if applied insubscribing for subscription shares would result in fractions of shares, suchfraction will be rounded up to the nearest whole number where the fraction of anew ordinary share is greater than or equal to 0.5 and will be rounded down tothe nearest whole number where such fraction is less than 0.5. To the extentthat a fraction of a share is rounded up, the subscription amount will exceed50% of the cash dividend amount. This excess will be deducted from the cashportion of the dividend due to such shareholder. To the extent that a fractionis rounded down, the remaining portion of the 50% in respect of which theordinary shareholder has elected to apply for subscription shares will be addedto the cash portion due to such shareholder.Entitlements will be posted tocertificated shareholders on or about Monday, 19 March 2007 ("the paymentdate"). Dematerialised shareholders will have their accounts at their CSDP orbroker credited on Monday, 19 March 2007. The subscription shares will be issued on Monday, 19 March 2007 and the numberof ordinary shares listed on the JSE will be adjusted on or about Tuesday, 20March 2007. Documentation dealing with the subscription shares and there-investment election will be posted to ordinary shareholders and to holders ofthe convertible perpetual cumulative preference shares ("convertible preferenceshares") on Monday, 12 February 2007. Only ordinary shareholders recorded in the register on Friday, 16 March 2007will be entitled to receive the cash dividend and to elect the re-investmentelection. In accordance with the terms of the allotment and issue of the convertiblepreference shares it is necessary for the conversion price applicable to theconvertible preference shares to be adjusted under the circumstances where AngloPlatinum's dividend cover is less than 1.4 times. As the dividend cover inrespect of the 2006 dividends is less than 1.4 times, it is necessary to adjustthe conversion price to be used when convertible preference shares are convertedinto ordinary shares. Currently the conversion price is R288.43 or 34.6703ordinary shares for each 100 convertible preference shares converted. Therevised ratio will be published on SENS and in the press once this has beendetermined. The salient dates are as follows: 2007Dividend declaration and finalisation date Monday, 12 February Circular incorporating forms of election posted to shareholders Monday, 12 February Election period opens at 09:00 (SA time) Monday, 12 February Announcement regarding the issue price per subscriptionshare released on SENS Friday, 2 March Issue price for the subscription shares released on SENS - finalisation date for the re-investment election Friday, 2 March Last day to trade to receive the cash dividend and to be entitled to elect the re-investment election Friday, 9 March Ordinary shares trade "ex" dividend and re-investment election Monday, 12 March Maximum number of new ordinary shares listed on the JSEin respect of the re-investment election Monday, 12 March Currency conversion rate applicable to the ordinary dividend released on SENS Tuesday, 13 March Election period closes for holders on the UK register at 10:00 (UK time) Wednesday, 14 March Election period closes for holders on the SA register at 12:00 (SA time) (see note) Friday, 16 March Record date to receive the cash dividend and for the re-investment election Friday, 16 March Dividend cheques or, where applicable, share certificates and cheques in respect of the cash dividend portion posted to certificated shareholders on or about Monday, 19 March Safe custody accounts with the CSDP or broker credited and/or updated Monday, 19 March Results announcement published on SENS Monday, 19 March Adjusted number of new ordinary shares Tuesday, 20 Marchlisted on the JSE on or aboutResults announcement published in the Tuesday 20 Marchpress No dematerialisation or re-materialisation of share certificates may take place between Monday, 12 March 2007 and Friday, 16 March 2007, both days inclusive. No conversions of convertible preference shares may take place during the period between Monday, 12 February 2007 and Friday, 16 March 2007, both dates inclusive. Note:Dematerialised shareholders are required to notify their duly appointed CSDP orbroker of their acceptance of the offer in the manner and time stipulated in theagreement governing the relationship between the shareholder and his/her CSDP orbroker. By order of the board J D Meyer JohannesburgGroup Company Secretary 12 February 2007 Registered address:55 Marshall StreetJohannesburg 2001, South Africa(PO Box 62179, Marshalltown, 2107) South African RegistrarsComputershare Investor Services 2004 (Pty) Limited70 Marshall StreetJohannesburg 2001, South Africa(PO Box 61051, Marshalltown, 2107)Telephone +27 11 370 5000Facsimile +27 11 688 5221 United Kingdom RegistrarsCapita IRG plc, The Registry34 Beckenham RoadBeckenham, Kent, BR3 4TU, EnglandTelephone +44 870 162-3100 (within UK)Telephone +44 208 639-2157 (from outside UK) Sponsor:Merrill Lynch South Africa (Pty) LtdRegistration number 1995/001805/07Registered Sponsor and Member of theJSE Securities Exchange South Africa This information is provided by RNS The company news service from the London Stock Exchange