Award of Share Options to Executive Directors and Executive Officers of AngloGold Ashanti plc
AngloGold Ashanti plc (AU) has granted conditional share awards to its executive directors and officers under two plans: the Deferred Share Plan (DSP) and the 2024 Omnibus Incentive Compensation Plan. This move is part of a transition from the backward-looking DSP to a forward-looking long-term incentive plan. The awards were granted on 27 August 2024, marking a significant change in the company's executive compensation structure. This transition aims to align executive incentives with future company performance and shareholder interests.
AngloGold Ashanti plc (AU) ha concesso premi azionari condizionati ai suoi dirigenti esecutivi e funzionari nell'ambito di due piani: il Piano di Azioni Differite (DSP) e il Piano di Compensazione Omnibus per il 2024. Questa mossa fa parte di una transizione dal DSP, che guarda al passato, a un piano di incentivazione a lungo termine che guarda al futuro. I premi sono stati concessi il 27 agosto 2024, segnando un cambiamento significativo nella struttura della compensazione esecutiva dell'azienda. Questa transizione mira ad allineare gli incentivi dei dirigenti con le future performance dell'azienda e gli interessi degli azionisti.
AngloGold Ashanti plc (AU) ha otorgado premios de acciones condicionados a sus directores ejecutivos y funcionarios bajo dos planes: el Plan de Acciones Diferidas (DSP) y el Plan de Compensación Omnibus 2024. Este movimiento forma parte de una transición del DSP, que es retrospectivo, a un plan de incentivos a largo plazo que es prospectivo. Los premios se otorgaron el 27 de agosto de 2024, marcando un cambio significativo en la estructura de compensación ejecutiva de la empresa. Esta transición tiene como objetivo alinear los incentivos ejecutivos con el rendimiento futuro de la empresa y los intereses de los accionistas.
AngloGold Ashanti plc (AU)는 두 가지 계획에 따라 임원 및 관리직 직원에게 조건부 주식 보상을 부여했습니다: 지연 주식 계획(DSP)과 2024년 종합 인센티브 보상 계획. 이 조치는 과거 지향적인 DSP에서 미래 지향적인 장기 인센티브 계획으로의 전환의 일환입니다. 보상은 2024년 8월 27일에 부여되었으며, 이는 회사의 임원 보상 구조에 중대한 변화를 의미합니다. 이 전환은 임원의 인센티브를 미래의 회사 성과 및 주주의 이익과 align하기 위한 것입니다.
AngloGold Ashanti plc (AU) a accordé des attributions conditionnelles d'actions à ses directeurs exécutifs et à ses cadres dans le cadre de deux plans : le Plan d'Actions Différées (DSP) et le Plan de Compensation Omnibus 2024. Cette décision s'inscrit dans une transition du DSP, qui est axé sur le passé, vers un plan d'incitation à long terme tourné vers l'avenir. Les attributions ont été accordées le 27 août 2024, marquant un changement significatif dans la structure de la rémunération des dirigeants de l'entreprise. Cette transition vise à aligner les incitations des dirigeants avec la performance future de l'entreprise et les intérêts des actionnaires.
AngloGold Ashanti plc (AU) hat seinen Geschäftsführern und Führungskräften bedingte Aktienauszeichnungen im Rahmen von zwei Programmen gewährt: dem Deferred Share Plan (DSP) und dem Omnibus Incentive Compensation Plan 2024. Dieser Schritt ist Teil eines Übergangs vom rückblickenden DSP hin zu einem zukunftsorientierten langfristigen Anreizprogramm. Die Auszeichnungen wurden am 27. August 2024 gewährt, was einen bedeutenden Wandel in der Vergütungsstruktur des Unternehmens für Führungskräfte darstellt. Dieser Übergang zielt darauf ab, die Anreize der Führungskräfte mit der zukünftigen Unternehmensleistung und den Interessen der Aktionäre in Einklang zu bringen.
- Implementation of a forward-looking long-term incentive plan
- Alignment of executive compensation with future company performance
- None.
Deferred Share Plan
The DSP share awards granted to Executive Directors and Executive Officers are due to vest over a five-year period from 2025 to 2029 in equal tranches. Post the notification of the grant the Executive Directors and Executive Officers have 30 days in which to accept or decline their awards, with a default acceptance at the end of the 30-day period.
Details of the grant of DSP awards to Executive Directors and Executive Officers are set out in the table below:
Name of company |
AngloGold Ashanti plc |
Date of grant |
27 August 2024 |
Class of security |
Option to acquire ordinary shares |
Nature of transactions |
Off-market, grant of DSP award |
Close of business share price on day prior to grant |
|
Strike price |
NIL cost to participant in accordance with the rules of the plan |
Nature and extent of interest |
Direct, Beneficial |
Name |
Value of Approved Award (USD) Based on 26 February 2024 Value(1) |
Number of DSPs Awarded |
Total Value of Awards (USD) Based on close of business share price on day prior to grant |
A Calderon (Executive Director) |
2,986,100 |
168,231 |
5,263,948 |
G Doran (Executive Director) |
909,883 |
51,261 |
1,603,957 |
L Ali (Executive Officer) |
1,005,822 |
56,666 |
1,773,079 |
S Bailey (Executive Officer) |
659,093 |
37,132 |
1,161,860 |
T Briggs (Executive Officer) |
649,171 |
36,573 |
1,144,369 |
M Godoy (Executive Officer) |
1,020,465 |
57,491 |
1,798,893 |
R Jordinson (Executive Officer) |
475,789 |
26,805 |
838,728 |
L Marwick (Executive Officer) |
740,708 |
41,730 |
1,305,732 |
(1) Based on the five day trailing VWAP to 26 February 2024 value of |
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2024 Performance Share Plan
The PSP share awards granted to Executive Directors and Executive Officers are due to vest in 2027 following a three-year performance period. Post the notification of the grant, the Executive Directors and Executive Officers have 30 days in which to accept or decline their awards with a default acceptance at the end of the 30-day period.
Details of the grant of PSP awards to Executive Directors and Executive Officers are set out in the table below:
Name of company |
AngloGold Ashanti plc |
Date of grant |
27 August 2024 |
Class of security |
Option to acquire ordinary shares |
Nature of transactions |
Off-market, grant of PSP award |
Close of business share price on day prior to grant |
|
Strike price |
NIL cost to participant in accordance with the rules of the plan |
Nature and extent of interest |
Direct, Beneficial |
Name |
Value of Approved Award (USD) Based on 26 February 2024 Value(1) |
Number of PSPs Awarded |
Total Value of Awards (USD) Based on close of business share price on day prior to grant |
A Calderon (Executive Director) |
2,871,489 |
161,774 |
5,061,908 |
G Doran (Executive Director) |
953,548 |
53,721 |
1,680,930 |
L Ali (Executive Officer) |
924,527 |
52,086 |
1,629,771 |
S Bailey (Executive Officer) |
672,530 |
37,889 |
1,185,547 |
T Briggs (Executive Officer) |
662,412 |
37,319 |
1,167,712 |
M Godoy (Executive Officer) |
937,999 |
52,845 |
1,653,520 |
R Jordinson (Executive Officer) |
754,411 |
42,502 |
1,329,888 |
L Marwick (Executive Officer) |
680,837 |
38,357 |
1,200,191 |
(1) Based on the five day trailing VWAP to 26 February 2024 value of |
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Website: www.anglogoldashanti.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20240829050171/en/
Media
Andrea Maxey +61 08 9435 4603 / +61 400 072 199 amaxey@anglogoldashanti.com
General inquiries media@anglogoldashanti.com
Investors
Andrea Maxey +61 08 9435 4603 / +61 400 072 199 amaxey@anglogoldashanti.com
Yatish Chowthee +27 11 637 6273 / +27 78 364 2080 yrchowthee@anglogoldashanti.com
Source: AngloGold Ashanti plc
FAQ
What share option plans did AngloGold Ashanti (AU) grant to executives on August 27, 2024?
Why is AngloGold Ashanti (AU) transitioning its executive compensation structure?
What is the purpose of AngloGold Ashanti's (AU) 2024 Omnibus Incentive Compensation Plan?
