Anglo American update re: Anglo American Platinum

RNS Number : 3846D

Anglo American PLC

26 April 2013

 



26 April 2013

Anglo American update re. Anglo American Platinum

Anglo American plc draws attention to an announcement issued by Anglo American Platinum Limited, the text of which is set out below:

Report on proceedings at the Annual General Meeting and changes to the Board of Directors

Changes to the board of directors

The Board of Anglo American Platinum Limited is pleased to announce the appointment of Valli Moosa as Independent Non-Executive Chairman of the Company with immediate effect.

Valli Moosa's appointment follows the retirement of Cynthia Carroll, who stepped down at the Company's Annual General Meeting today.  Valli has been a Director since 2008, served as Deputy Chairman and Lead Independent Director of the Board since 2010 and is well placed to succeed Cynthia as Chairman. Valli is the current Chairman of Sun International Limited. 

Valli said "I look forward to leading the Board through this challenging time and working with the Executive team to ensure that we deliver on our commitment to restoring Anglo American Platinum to safe and sustainable profitability, for the long term benefit of all our stakeholders. I also thank Cynthia Carroll for her committed service to the Board over the last six years and we wish her well for the future."

The Board is also pleased to announce the appointment of Mark Cutifani as a Non-Executive Director of the Anglo American Platinum Limited Board with immediate effect. Mark is the Chief Executive of Anglo American plc and former Chief Executive of AngloGold Ashanti Limited.

The Board Committees will be re-constituted in line with King III Code of Governance and the JSE listing requirements.

Report On Proceedings at Annual General Meeting

At the Annual General Meeting of the Shareholders of Anglo American Platinum Limited held today, 26 April 2013, all of the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.

The special resolutions will be lodged for registration with the Companies and Intellectual Property Commission in due course.

 

END

 

 

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