Anglo American PLC
20 July 2000
ANGLO'S SHARES IN DORBYL PLACED WITH INSTITUTIONS
Anglo American plc announced today that it has placed with institutional
investors its total shareholding, of a little under 20%, in Dorbyl Limited,
for a total consideration of approximately R185m (US$26m).
Leslie Boyd, vice chairman of Anglo American plc and chairman of the Anglo
Industries division said, 'the disposal of our interest in Dorbyl is another
step towards becoming a more focused mining and natural resources company.'
Since the beginning of this year, Anglo American has announced disposals of
assets in excess of US$400m.
Queries:
Anglo American
London
Kate Aindow
Tel: +44 020 7698 8619
Fax: +44 020 7698 8555
Anglo American
Johannesburg
Mrs Anne Dunn
Tel: +27 11 638 4730
Mob: +27 82 448 2684
Ms Marion Dixon
Tel: +27 11 638 3001
Mob: +27 82 775 5520
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.