AngloGold Ashanti Executives Engage in Securities Transactions to Address Tax Obligations

Strategic Insights -

AngloGold Ashanti, a major player in the mining sector, recently announced transactions involving securities by its key executive director, Gillian Doran, and two executive officers, Terry Briggs and Marcelo Godoy. The dealings were made public on May 16, 2025, and detailed the executives' off-market receipts and subsequent on-market sales of shares to address tax obligations. Under the company's 2023 Deferred Share Plans (DSP), Gillian Doran received 22,325 ordinary shares, which she subsequently sold on the market at an average price of US$40.37581 per share, generating a transaction value of US$333,504.21. Terry Briggs received 25,514 ordinary shares and sold 9,440 shares on the market at an average price of US$40.39371 per share, resulting in a transaction value of US$381,316.55. Marcelo Godoy received 25,745 ordinary shares and sold 9,526 shares on the market at an average price of US$40.37501 per share, generating a total value of US$384,612.69.

Key Takeaways:

  • British executive Gillian Doran, an Executive Director at AngloGold Ashanti, received 22,325 ordinary shares under the company's 2023 Deferred Share Plans (DSP) and sold 8,260 of these shares on the market at an average price of US$40.37581 per share.
  • Executive Officer Terry Briggs received 25,514 ordinary shares off-market at no charge, also under the DSP, and sold 9,440 shares on the market at an average price of US$40.39371 per share.
  • Another Executive Officer, Marcelo Godoy, received 25,745 ordinary shares off-market and sold 9,526 shares on the market at an average price of US$40.37501 per share.
  • The transactions involved multiple transactions within a specified price range, reflecting the execution strategy to optimize the sale process.
  • Each sale involved multiple transactions within a specified price range to maximize efficiency in selling shares on the market.
  • Anglogold Ashanti, listed under the ticker symbols AU on the New York Stock Exchange and ANG on the Johannesburg Stock Exchange, is a significant player in the mining industry.

Statistics:

  • Total transaction value for Gillian Doran: US$333,504.21
  • Total transaction value for Terry Briggs: US$381,316.55
  • Total transaction value for Marcelo Godoy: US$384,612.69
  • Average sale price per share for Gillian Doran: US$40.37581
  • Average sale price per share for Terry Briggs: US$40.39371
  • Average sale price per share for Marcelo Godoy: US$40.37501
  • Total shares sold on the market by Gillian Doran: 8,260
  • Total shares sold on the market by Terry Briggs: 9,440
  • Total shares sold on the market by Marcelo Godoy: 9,526

Sources:

  • AngloGold Ashanti plc, announcement made public on May 16, 2025
  • Johannesburg Stock Exchange (JSE)