Anglo American plc announces exercise of Underwriters' Option
19 April, 2006
Anglo American plc today announces that the underwriters for the offering of ordinary shares of AngloGold Ashanti Limited by Anglo South Africa Capital (Proprietary) Limited
Anglo American plc today announces that the underwriters for the offering of ordinary shares (“ordinary shares”) of AngloGold Ashanti Limited by Anglo South Africa Capital (Proprietary) Limited, a wholly owned subsidiary of Anglo American, have exercised their option to purchase 3,356,857 additional ordinary shares in the form of AngloGold Ashanti American Depositary Shares (“ADSs”) at the offering price of US$51.25 per ADS. The shares are scheduled to be delivered on 20 April 2006, the same date as the scheduled closing of the offering.
After the completion of the offering, Anglo American's holding in AngloGold Ashanti Limited will be 41.8%.
The combined offering was led by Goldman, Sachs & Co. and UBS Investment Bank as joint global coordinators and joint bookrunners for the combined offering. BMO Nesbitt Burns and J.P. Morgan Securities acted as co-managers.
A final prospectus supplement for the combined offering was filed with the U.S. Securities and Exchange Commission on 12 April 2006. Copies of the final prospectus supplement and prospectus may be obtained from the offices of Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, telephone: 1-866-471-2526 and from UBS Securities LLC, 1285 Avenue of the Americas, New York, New York 10019-6028, telephone: 1-888-827-7275.