Director/PDMR Shareholding

RNS Number : 4696F

Anglo American PLC

09 March 2020

 

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 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 4 March 2020, awards made under the BSP and LTIP vested to Directors/PDMRs and shares were released and sold to cover withholding taxes on 5 March as noted below at £ 19.429 per share.

In the case of awards granted under the LTIP in 2017, the relevant performance conditions were met as to 92.47% (further details can be found in the Directors' Remuneration Report of the Company's 2019 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 2017 BSP awards and second tranches of the 2015 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	2017 LTIP	116,316	107,557	50,552	57,005
Didier Charreton	2017 BSP	25,957	25,957	12,200	13,757
Bruce Cleaver	2017 LTIP	169,628	156,855	73,722	83,133
Bruce Cleaver	2017 BSP	31,373	31,373	14,746	16,627
Mark Cutifani	2017 LTIP	366,606	339,000	159,330	179,670
Mark Cutifani	2015 BSP	25,530	25,530	12,000	13,530
Mark Cutifani	2017 BSP	70,752	70,752	33,254	37,498
Ruben Fernandes	2017 LTIP	57,017	52,723	16,914	35,809
Ruben Fernandes	2015 BSP	6,589	6,589	1,909	4,680
Ruben Fernandes	2017 BSP	21,278	21,278	6,735	14,543
Seamus French	2017 LTIP	184,267	170,391	80,084	90,307
Seamus French	2015 BSP	15,072	15,072	7,084	7,988
Seamus French	2017 BSP	38,379	38,379	18,039	20,340
Anik Michaud	2017 LTIP	114,035	105,448	49,561	55,887
Anik Michaud	2017 BSP	19,668	19,668	9,244	10,424
Tony O'Neill	2017 LTIP	229,129	211,875	99,582	112,293
Tony O'Neill	2015 BSP	15,690	15,690	7,375	8,315
Tony O'Neill	2017 BSP	44,018	44,018	20,689	23,329
Stephen Pearce	2017 LTIP	220,944	204,306	96,024	108,282
Duncan Wanblad	2017 LTIP	174,617	161,468	75,890	85,578
Duncan Wanblad	2015 BSP	11,080	11,080	5,208	5,872
Duncan Wanblad	2017 BSP	34,033	34,033	15,996	18,037
Peter Whitcutt	2017 LTIP	158,338	146,415	68,816	77,599
Peter Whitcutt	2015 BSP	14,334	14,334	6,737	7,597
Peter Whitcutt	2017 BSP	39,603	39,603	18,614	20,989

Other Transactions in Vested Shares by PDMRs and 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 EU 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 2017 under the terms of the Anglo American plc Long Term Incentive Plan and Deferred Bonus Share Plan.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.00 107,557 GBP 0.00 25,957
e)	Aggregated information Aggregated volume Price	133,514 GBP 0.00
f)	Date of the transaction	2020-03-04
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 Deferred Bonus Share Plan to cover tax.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 19.429 50,552 GBP 19.429 12,200
e)	Aggregated information Aggregated volume Price	62,752 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 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 0.00 156,855 GBP 0.00 31,373
e)	Aggregated information Aggregated volume Price	188,228 GBP 0.00
f)	Date of the transaction	2020-03-04
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 19.429 73,722 GBP 19.429 14,746
e)	Aggregated information Aggregated volume Price	88,468 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 and March 2015 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 0.00 339,000 GBP 0.00 25,530 GBP 0.00 70,752
e)	Aggregated information Aggregated volume Price	435,282 GBP 0.00
f)	Date of the transaction	2020-03-04
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 19.429 159,330 GBP 19.429 12,000 GBP 19.429 33,254
e)	Aggregated information Aggregated volume Price	204,584 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 and March 2015 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 52,723 GBP 0.00 6,589 GBP 0.00 21,278
e)	Aggregated information Aggregated volume Price	80,590 GBP 0.00
f)	Date of the transaction	2020-03-04
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 19.429 16,914 GBP 19.429 1,909 GBP 19.429 6,735
e)	Aggregated information Aggregated volume Price	25,558 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 and March 2015 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 0.00 170,391 GBP 0.00 15,072 GBP 0.00 38,379
e)	Aggregated information Aggregated volume Price	223,842 GBP 0.00
f)	Date of the transaction	2020-03-04
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 19.429 80,084 GBP 19.429 7,084 GBP 19.429 18,039
e)	Aggregated information Aggregated volume Price	105,207 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 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 0.00 105,448 GBP 0.00 19,668
e)	Aggregated information Aggregated volume Price	125,116 GBP 0.00
f)	Date of the transaction	2020-03-04
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 19.429 49,561 GBP 19.429 9,244
e)	Aggregated information Aggregated volume Price	58,805 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 and March 2015 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 0.00 211,875 GBP 0.00 15,690 GBP 0.00 44,018
e)	Aggregated information Aggregated volume Price	271,583 GBP 0.00
f)	Date of the transaction	2020-03-04
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 19.429 99,582 GBP 19.429 7,375 GBP 19.429 20,689
e)	Aggregated information Aggregated volume Price	127,646 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 under the terms of the Anglo American plc Long Term Incentive Plan.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.00 204,306
e)	Aggregated information Aggregated volume Price	204,306 GBP 0.00
f)	Date of the transaction	2020-03-04
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 to cover tax.
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 19.429 96,024
e)	Aggregated information Aggregated volume Price	96,024 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 and March 2015 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 0.00 161,468 GBP 0.00 11,080 GBP 0.00 34,033
e)	Aggregated information Aggregated volume Price	206,581 GBP 0.00
f)	Date of the transaction	2020-03-04
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 19.429 75,890 GBP 19.429 5,208 GBP 19.429 15,996
e)	Aggregated information Aggregated volume Price	97,094 GBP 19.429
f)	Date of the transaction	2020-03-05
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 2017 and March 2015 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 0.00 146,415 GBP 0.00 14,334 GBP 0.00 39,603
e)	Aggregated information Aggregated volume Price	200,352 GBP 0.00
f)	Date of the transaction	2020-03-04
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 19.429 68,816 GBP 19.429 6,737 GBP 19.429 18,614
e)	Aggregated information Aggregated volume Price	94,167 GBP 19.429
f)	Date of the transaction	2020-03-05
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 16,627
e)	Aggregated information Aggregated volume Price	16,627 GBP 0.00
f)	Date of the transaction	2020-03-06
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 16,627
e)	Aggregated information Aggregated volume Price	16,627 GBP 0.00
f)	Date of the transaction	2020-03-06
g)	Place of the transaction	London Stock Exchange - XLON

Clare Davage

Deputy Company Secretary

9 March 2020

 

END

 

 

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