Anglogold Ld Granting of Options
13 Março 2014 - 11:15AM
UK Regulatory
TIDMAGD
AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06)
ISIN No. ZAE000043485 - JSE share code: ANG
CUSIP: 035128206 - NYSE share code: AU
13March 2014
NEWS RELEASE
In terms of JSE Listings Requirement 3.63 we hereby provide the following
information regarding the granting of options by the Company under the
AngloGold Share Incentive Scheme to directors and the Company Secretary.
Date of notification 13 March 2014
Date of grant 24 February 2014
Key terms of the awards as approved by shareholders on 11 March 2013:
Bonus Share Plan (BSP): The executives' BSP cash bonus are matched at 150% with
share options which provides for vesting of awards in two trenches, 50% after
12 months and the remaining 50% after 24 months.
Long-Term Incentive Plan (LTIP): The executives are awarded LTIP's at 200% of
the annual basic salary and they vest after three years from the date of grant,
to the extent that the performance conditions, under which the awards were
granted, are met.
Clearance was obtained in terms of 3.66 of the JSE Listings Requirements.
Strike price NIL cost to participant in accordance with the
rules of the above plans
Market value per award at date R198.05
of grant
Class of security Options to acquire ordinary shares
Type of interest Direct beneficial
NAME BSP LTIP Total Total Value of
Awards Awards(ZAR)
S Venkatakrishnan 42,552 121,181 163,733 R32,427,320.65
(Executive Director)
RN Duffy 20,142 71,020 91,162 R18,054,634.10
(Executive Director)
ME Sanz Perez 15,546 57,561 73,107 R14,478,841.35
(Company Secretary)
78,240 249,762 328,002 R64,960,796.10
ENDS
Sponsor: UBS South Africa (Pty) Ltd
Contacts
Media
Chris Nthite +27 (0) 11 637 6388/+27 (0) 83 cnthite@anglogoldashanti.com
301 2481
Stewart Bailey +27 81 032 2563 / +27 11 637 sbailey@anglogoldashanti.com
6031
General inquiries media@anglogoldashanti.com
Investors
Stewart Bailey +27 81 032 2563 / +27 11 637 sbailey@anglogoldashanti.com
6031
Sabrina Brockman +1 (212) 858 7702 / +1 646 379 sbrockman@anglogoldashanti.com
(US & Canada) 2555
Fundisa Mgidi +27 11 6376763 / +27 82 821 fmgidi@anglogoldashanti.com
(South Africa) 5322
General inquiries investors@anglogoldashanti.
Certain statements contained in this document, other than statements of
historical fact, including, without limitation, those concerning the economic
outlook for the gold mining industry, expectations regarding gold prices,
production, cash costs, cost savings and other operating results, return on
equity, productivity improvements, growth prospects and outlook of AngloGold
Ashanti's operations, individually or in the aggregate, including the
achievement of project milestones, commencement and completion of commercial
operations of certain of AngloGold Ashanti's exploration and production
projects and the completion of acquisitions and dispositions, AngloGold
Ashanti's liquidity and capital resources and capital expenditures and the
outcome and consequence of any potential or pending litigation or regulatory
proceedings or environmental issues, are forward-looking statements regarding
AngloGold Ashanti's operations, economic performance and financial condition.
These forward-looking statements or forecasts involve known and unknown risks,
uncertainties and other factors that may cause AngloGold Ashanti's actual
results, performance or achievements to differ materially from the anticipated
results, performance or achievements expressed or implied in these
forward-looking statements. Although AngloGold Ashanti believes that the
expectations reflected in such forward-looking statements and forecasts are
reasonable, no assurance can be given that such expectations will prove to have
been correct. Accordingly, results could differ materially from those set out
in the forward-looking statements as a result of, among other factors, changes
in economic, social and political and market conditions, the success of
business and operating initiatives, changes in the regulatory environment and
other government actions, including environmental approvals, fluctuations in
gold prices and exchange rates, the outcome of pending or future litigation
proceedings, and business and operational risk management. For a discussion of
such risk factors, refer to the prospectus supplement to AngloGold Ashanti's
prospectus dated 17 July 2012 that was filed with the United States Securities
and Exchange Commission ("SEC") on 26 July 2013. These factors are not
necessarily all of the important factors that could cause AngloGold Ashanti's
actual results to differ materially from those expressed in any forward-looking
statements. Other unknown or unpredictable factors could also have material
adverse effects on future results. Consequently, readers are cautioned not to
place undue reliance on forward-looking statements. AngloGold Ashanti
undertakes no obligation to update publicly or release any revisions to these
forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events, except to the
extent required by applicable law. All subsequent written or oral
forward-looking statements attributable to AngloGold Ashanti or any person
acting on its behalf are qualified by the cautionary statements herein.
This communication may contain certain "Non-GAAP" financial measures. AngloGold
Ashanti utilises certain Non-GAAP performance measures and ratios in managing
its business. Non-GAAP financial measures should be viewed in addition to, and
not as an alternative for, the reported operating results or cash flow from
operations or any other measures of performance prepared in accordance with
IFRS. In addition, the presentation of these measures may not be comparable to
similarly titled measures other companies may use. AngloGold Ashanti posts
information that is important to investors on the main page of its website at
www.anglogoldashanti.com and under the "Investors" tab on the main page. This
information is updated regularly. Investors should visit this website to obtain
important information about AngloGold Ashanti.
AngloGold Ashanti Limited
Incorporated in the Republic of South Africa Reg No: 1944/017354/06
ISIN No. ZAE000043485 - JSE share code: ANG CUSIP: 035128206 - NYSE share code:
AU
Website: www.anglogoldashanti.com
END
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