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BRIEF-Anglo American Announces Demerger Of South Africa Thermal Coal Operations

PUBLISHED: Thu, 08 Apr 2021 06:12:49 GMT

April 8 (Reuters) – Anglo American PLC:

* ANGLO AMERICAN PLC – DEMERGER OF SOUTH AFRICA THERMAL COAL OPERATIONS

* ANGLO AMERICAN – ANNOUNCES DEMERGER OF ITS THERMAL COAL OPERATIONS IN SOUTH AFRICA, SUBJECT TO APPROVAL OF ANGLO AMERICAN’S SHAREHOLDERS ON 5 MAY 2021.

* ANGLO AMERICAN – SEPARATION WILL BE IMPLEMENTED THROUGH TRANSFER OF ANGLO AMERICAN’S THERMAL COAL OPERATIONS IN SOUTH AFRICA TO A NEW HOLDING CO

* ANGLO AMERICAN – SEPARATION WILL BE IMPLEMENTED VIA DEMERGER OF THUNGELA SHARES TO CO’S SHAREHOLDERS & PRIMARY LISTING OF THUNGELA’S SHARES ON JSE

* ANGLO AMERICAN – IN ORDER FOR PROPOSED DEMERGER TO BE IMPLEMENTED, ANGLO AMERICAN SHAREHOLDER APPROVAL WILL BE SOUGHT

* ANGLO AMERICAN – IF IT IS APPROVED, IT IS EXPECTED THAT DEMERGER WOULD BE EFFECTIVE ON 4 JUNE 2021 Source text for Eikon: Further company coverage:

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