Stimela
18 April, 2002
Following the announcement on 12 March 2002, regarding acquisitions of strategic interests in Kumba Resources Limited (Kumba) and AngloVaal Mining Limited, Anglo American plc confirms that it has exercised its right to acquire Stimela BVI (Stimela), the holder of 10.5% of Kumba, subject to regulatory approval.
Acquiring ownership of Stimela is not subject to any pre-emptive rights. Stimela intends to retain its 10.5% stake in Kumba and to maintain the co-operation agreement that exists between Stimela and the Industrial Development Corporation.
Disclaimer:
The information contained in press releases, annual or interim reports, analyst presentations, and financial information should not be deemed accurate or current except as of the date of issue. Anglo American plc does not, does not intend to, and specifically disclaims any duty to, update or correct such information.