Dealing in Securities by an Executive Officer of AngloGold Ashanti Plc

Rhea-AI Summary

AngloGold Ashanti (NYSE: AU) reports that Executive Officer Alberto Calderon has received 54,970 ordinary shares at nil cost under the 2023 Deferred Share Plans (DSP). Subsequently, Calderon sold 25,286 shares at an average price of US$24.22 per share, generating approximately US$612,442, to cover tax liabilities related to the DSP awards. The transactions occurred on November 12, 2024, with the share sale executed through multiple transactions at prices ranging from US$24.2204 to US$24.2207.

Positive

• Executive officer maintains significant portion of vested shares (29,684 shares), showing confidence in company

Negative

• None.

Insights

Financial Analyst

This insider transaction reveals standard executive compensation practices at AngloGold Ashanti. CEO Alberto Calderon received 54,970 shares through the company's Deferred Share Plan, immediately selling 25,286 shares at $24.22 per share to cover tax obligations - a common practice among executives. The total value of shares sold was approximately $612,442. The remaining 29,684 shares were retained, demonstrating continued alignment with shareholder interests. This transaction pattern is typical for executive compensation events and doesn't signal any unusual insider sentiment about the company's prospects.

LONDON & DENVER & JOHANNESBURG--(BUSINESS WIRE)-- AngloGold Ashanti plc (the “Company”) (NYSE: AU; JSE: ANG) announces that an Executive Officer of the Company, Alberto Calderon, has dealt in securities of the Company.

Name of Executive Officer	Alberto Calderon
Name of Company	AngloGold Ashanti plc
Date of transaction	12 November 2024
Nature of transaction	Off-market receipt of vested shares under the 2023 Deferred Share Plans (DSP)
Class of security	Ordinary shares
Number of securities	54,970
Price per security	Nil
Nature and extent of interest	Direct, Beneficial

A portion of the shares received by the Executive Officer have been sold to satisfy related taxes as detailed below:

Name of Executive Officer	Alberto Calderon
Name of Company	AngloGold Ashanti plc
Date of transaction	12 November 2024
Nature of transaction	On-market sale of shares to fund tax liability in relation to DSP awards
Class of security	Ordinary shares
Number of securities sold	25,286
Price per security	US$24.22061
Value of transaction (excluding fees)	US$612,442.32
Nature and extent of interest	Direct, Beneficial

(1)

Weighted average price. These shares were sold in multiple transactions at prices ranging from US$24.2204 to US$24.2207 inclusive.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20241113660111/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

Website: www.anglogoldashanti.com

Source: AngloGold Ashanti plc

FAQ

How many shares did AngloGold Ashanti (AU) Executive Officer Alberto Calderon receive in November 2024?

Alberto Calderon received 54,970 ordinary shares under the 2023 Deferred Share Plans (DSP) on November 12, 2024.

What was the value of shares sold by AngloGold Ashanti (AU) Executive Calderon in November 2024?

Alberto Calderon sold 25,286 shares at approximately US$24.22 per share, generating US$612,442.32 to cover tax liabilities.

What was the purpose of AngloGold Ashanti (AU) Executive Calderon's share sale in November 2024?

The share sale was conducted to fund tax liability related to the Deferred Share Plans (DSP) awards.