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Executives

AngloGold Ashanti Executives Engage in Notable Share Transactions

Strategic Insights

— 1 min read

AngloGold Ashanti, a major player in the mining sector, has disclosed recent transactions involving its securities by two of its executives. Alberto Calderon, an Executive Director, and Richard Jordinson, an Executive Officer, have engaged in off-market transactions under the 2023 Deferred Share Plans (DSP). These dealings reflect a structured approach to managing executive compensation and related tax liabilities. The transactions involve significant sums, with Calderon selling 40,148 shares and Jordinson selling 38,346 shares, resulting in total values of US$1.64 million and US$1.57 million, respectively.

Key Takeaways:

  • Alberto Calderon, an Executive Director, received 80,296 ordinary shares under the 2023 Deferred Share Plans (DSP) and sold 40,148 of these shares at a weighted average price of US$40.88451 per share, yielding a total value of US$1.64 million.
  • Richard Jordinson, an Executive Officer, received 38,346 ordinary shares through an off-market transaction as part of the vested DSP awards and sold the entirety of these shares at a weighted average price of US$40.89551 per share, totaling US$1.57 million.
  • Both executives have direct and beneficial interests in the shares and have fulfilled related tax obligations.
  • The transactions were executed as per the structured plans relating to the Deferred Share Plans, a common practice for managing executive compensation and related tax liabilities.
  • The dealings reflect a routine part of the company's governance and compliance with market regulations.
  • The shares were sold at prices ranging from US$40.8792 to US$40.9248 per share for Calderon and US$40.8836 to US$40.9188 per share for Jordinson.

Statistics:

  • Total value of shares sold by Alberto Calderon: US$1.64 million
  • Weighted average price per share sold by Alberto Calderon: US$40.88451
  • Number of shares sold by Alberto Calderon: 40,148
  • Total value of shares sold by Richard Jordinson: US$1.57 million
  • Weighted average price per share sold by Richard Jordinson: US$40.89551
  • Number of shares sold by Richard Jordinson: 38,346
  • Date of transactions: May 13, 2025

Sources:

  • AngloGold Ashanti plc. (2025, May 14). Acquisition of ordinary shares by Executive Directors. Johannesburg Stock Exchange.
  • Johannesburg Stock Exchange. (n.d.). Rules for companies listing on the JSE.

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