US$1.7bn 4% bonds due 2014 - conversion price

RNS Number : 3045B

Anglo American PLC

13 April 2012

 

Anglo American plc (the "Company")

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

Registered number: 3564138

NOTICE TO HOLDERS OF THE COMPANY

U.S.$1,700,000,000 4.00 PER CENT. CONVERTIBLE BONDS DUE 2014 (THE "BONDS")
ISIN: XS0424806734

NOTICE OF ADJUSTMENT TO THE CONVERSION PRICE OF THE BONDS

Adjustment Event

On 17 February 2012, the Company announced that on 26 April 2012 it would pay a cash Dividend of U.S.$0.46 per Ordinary Share.

In accordance with the terms and conditions of the Bonds (the "Conditions"), Condition 5(b)(iii) requires an adjustment to be made to the Conversion Price if the Issuer shall pay or make any Dividend to the Shareholders, provided that such adjustment (rounded down if applicable) would be equal to, or more than, 1 per cent. of the Conversion Price then in effect.

The previous Conversion Price was £18.36.

With effect from (and including) 13 April 2012, being the first date upon which the Fair Market Value of the relevant Dividend was capable of being determined, the Conversion Price has been adjusted to £18.02.

Conversion Agent

Deutsche Bank AG, London Branch

Effective Date of Conversion Price Adjustment

The adjustment to the Conversion Price will take effect on 13 April 2012.

Defined Terms

Unless otherwise defined in this notice, terms used in this notice have the meanings given to them in the Conditions.

This notice is given by:

N Jordan

13 April 2012

 

END

 

 

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