Director/PDMR Shareholding

RNS Number : 5200R

Anglo American PLC

08 March 2021

 

Anglo American plc (the "Company")

Registered office: 20 Carlton House Terrace, London SW1Y 5AN

Registered number: 3564138 (incorporated in England and Wales)

LEI: 549300S9XF92D1X8ME43

Notification of transactions by Directors / PDMRs

The Company announces the following transactions in its Ordinary Shares by PDMRs.  

Vesting of shares awarded at nil cost under the Company's Bonus Share Plan ("BSP") and Long Term Incentive Plan ("LTIP")

On 3 March 2021, awards made under the BSP and LTIP vested to Directors/PDMRs and shares were released and sold to cover withholding taxes on 3 March as noted below at £ 29.62 per share.

Awards granted under the LTIP in 2018 vested at 83.8%, based on the extent to which the relevant performance conditions were met (further details can be found in the Directors' remuneration report of the Company's 2020 Integrated Annual Report). The awards are also subject to the vesting cap approved by the Company's Remuneration Committee in 2017, however, the value of the vesting cap was not reached on this vesting and therefore no shares lapsed as a result of the cap. The awards therefore vested to the following Directors/PDMRs, to the extent noted below. The remaining portion of the share awards did not vest and lapsed on the same date.

Awards granted under the BSP to PDMRs vest in two tranches. The first tranche, equal to two thirds of the award, vests three years after grant. The remaining third vests as a second tranche five years from grant. First tranches of the 2018 BSP awards and second tranches of the 2016 BSP awards have vested as set out below.

All shares were released net of shares sold to cover taxes as indicated below. The net shares released under all LTIP awards are subject to a further two-year holding period, during which time they may not be sold or transferred.

Director/PDMR	Share Plan	Shares Granted	Shares Vested	Shares sold for tax	Net shares retained by Director/PDMR
Didier Charreton	2018 BSP	20,112	20,112	9,453	10,659
Didier Charreton	2018 LTIP	70,519	59,094	27,775	31,319
Bruce Cleaver	2018 BSP	27,227	27,227	12,797	14,430
Bruce Cleaver	2018 LTIP	102,841	86,180	40,505	45,675
Mark Cutifani	2016 BSP	44,635	44,635	20,979	23,656
Mark Cutifani	2018 BSP	46,690	46,690	21,945	24,745
Mark Cutifani	2018 LTIP	222,263	186,256	87,541	98,715
Ruben Fernandes	2016 BSP	13,634	13,634	4,553	9,081
Ruben Fernandes	2018 BSP	13,856	13,856	5,408	8,448
Ruben Fernandes	2018 LTIP	33,725	28,261	11,031	17,230
Seamus French	2016 BSP	36,704	36,704	17,251	19,453
Seamus French	2018 BSP	23,894	23,894	11,231	12,663
Seamus French	2018 LTIP	111,716	93,618	44,001	49,617
Anik Michaud	2016 BSP	16,788	16,788	7,891	8,897
Anik Michaud	2018 BSP	17,808	17,808	8,370	9,438
Anik Michaud	2018 LTIP	70,289	58,902	27,684	31,218
Tony O'Neill	2016 BSP	29,425	29,425	13,830	15,595
Tony O'Neill	2018 BSP	30,699	30,699	14,429	16,270
Tony O'Neill	2018 LTIP	138,914	116,410	54,713	61,697
Stephen Pearce	2018 BSP	27,630	27,630	12,987	14,643
Stephen Pearce	2018 LTIP	133,952	112,252	52,759	59,493
Duncan Wanblad	2016 BSP	33,906	33,906	15,936	17,970
Duncan Wanblad	2018 BSP	25,897	25,897	12,172	13,725
Duncan Wanblad	2018 LTIP	105,865	88,714	41,696	47,018
Peter Whitcutt	2016 BSP	35,239	35,239	16,563	18,676
Peter Whitcutt	2018 BSP	27,008	27,008	12,694	14,314
Peter Whitcutt	2018 LTIP	95,996	80,444	37,809	42,635

Other transactions in vested shares by PDMRs and their PCAs

The Company further announces a transfer of its Ordinary shares by a PDMR to a person closely associated with them (PCA).

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	Didier Charreton
2.	Reason for the notification
a)	Position / status	Group Director - People and 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	Release of Shares awarded in March 2018 under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.00 20,112 GBP 0.00 59,094
e)	Aggregated information Aggregated volume Price	79,206 GBP 0.00
f)	Date of the transaction	2021-03-03
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 Long Term Incentive Plan and Bonus Share Plan to cover tax.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 29.62 9,453 GBP 29.62 27,775
e)	Aggregated information Aggregated volume Price	37,228 GBP 29.62
f)	Date of the transaction	2021-03-03
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 2018 under the terms of the Anglo American plc Long Term Incentive Plan and Bonus Share Plan.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.00 27,227 GBP 0.00 86,180
e)	Aggregated information Aggregated volume Price	113,407 GBP 0.00
f)	Date of the transaction	2021-03-03
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 Long Term Incentive Plan and Bonus Share Plan to cover tax.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 29.62 12,797 GBP 29.62 40,505
e)	Aggregated information Aggregated volume Price	53,302 GBP 29.62
f)	Date of the transaction	2021-03-03
g)	Place of the transaction	London Stock Exchange - XLON

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 2018 and March 2016 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 44,635 GBP 0.00 46,690 GBP 0.00 186,256
e)	Aggregated information Aggregated volume Price	277,581 GBP 0.00
f)	Date of the transaction	2021-03-03
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 29.62 20,979 GBP 29.62 21,945 GBP 29.62 87,541
e)	Aggregated information Aggregated volume Price	130,465 GBP 29.62
f)	Date of the transaction	2021-03-03
g)	Place of the transaction	London Stock Exchange - XLON

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	Release of Shares awarded in March 2018 and March 2016 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 13,634 GBP 0.00 13,856 GBP 0.00 28,261
e)	Aggregated information Aggregated volume Price	55,751 GBP 0.00
f)	Date of the transaction	2021-03-03
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 29.62 4,553 GBP 29.62 5,408 GBP 29.62 11,031
e)	Aggregated information Aggregated volume Price	20,992 GBP 29.62
f)	Date of the transaction	2021-03-03
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 and Other Minerals (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 2018 and March 2016 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 36,704 GBP 0.00 23,894 GBP 0.00 93,618
e)	Aggregated information Aggregated volume Price	154,216 GBP 0.00
f)	Date of the transaction	2021-03-03
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 29.62 17,251 GBP 29.62 11,231 GBP 29.62 44,001
e)	Aggregated information Aggregated volume Price	72,483 GBP 29.62
f)	Date of the transaction	2021-03-03
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 2018 and March 2016 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 16,788 GBP 0.00 17,808 GBP 0.00 58,902
e)	Aggregated information Aggregated volume Price	93,498 GBP 0.00
f)	Date of the transaction	2021-03-03
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 29.62 7,891 GBP 29.62 8,370 GBP 29.62 27,684
e)	Aggregated information Aggregated volume Price	43,945 GBP 29.62
f)	Date of the transaction	2021-03-03
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 2018 and March 2016 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 29,425 GBP 0.00 30,699 GBP 0.00 116,410
e)	Aggregated information Aggregated volume Price	176,534 GBP 0.00
f)	Date of the transaction	2021-03-03
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 29.62 13,830 GBP 29.62 14,429 GBP 29.62 54,713
e)	Aggregated information Aggregated volume Price	82,972 GBP 29.62
f)	Date of the transaction	2021-03-03
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	Release of Shares awarded in March 2018 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 27,630 GBP 0.00 112,252
e)	Aggregated information Aggregated volume Price	139,882 GBP 0.00
f)	Date of the transaction	2021-03-03
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.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 29.62 12,987 GBP 29.62 52,759
e)	Aggregated information Aggregated volume Price	65,746 GBP 29.62
f)	Date of the transaction	2021-03-03
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 & 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 2018 and March 2016 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 33,906 GBP 0.00 25,897 GBP 0.00 88,714
e)	Aggregated information Aggregated volume Price	148,517 GBP 0.00
f)	Date of the transaction	2021-03-03
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 29.62 15,936 GBP 29.62 12,172 GBP 29.6 41,696
e)	Aggregated information Aggregated volume Price	69,804 GBP 29.62
f)	Date of the transaction	2021-03-03
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	Release of Shares awarded in March 2018 and March 2016 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 35,239 GBP 0.00 27,008 GBP 0.00 80,444
e)	Aggregated information Aggregated volume Price	142,691 GBP 0.00
f)	Date of the transaction	2021-03-03
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 29.62 16,563 GBP 29.62 12,694 GBP 29.62 37,809
e)	Aggregated information Aggregated volume Price	67,066 GBP 29.62
f)	Date of the transaction	2021-03-03
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.	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 14,430
e)	Aggregated information Aggregated volume Price	14,430 GBP 0.00
f)	Date of the transaction	2021-03-03
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 14,430
e)	Aggregated information Aggregated volume Price	14,430 GBP 0.00
f)	Date of the transaction	2021-03-03
g)	Place of the transaction	London Stock Exchange - XLON

Clare Davage

Deputy Company Secretary

8 March 2021

 

END

 

 

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