Quick Poll

What type of insurance do you consider most essential in today's economic climate in South Africa?

Anglo American Directors and PDMRs Acquire Shares: Boosting Confidence in Future Growth

Anglo American
  • Directors and PDMRs at Anglo American plc acquire shares through the Share Incentive Plan.
  • Matt Daley and Tom McCulley participate in the share acquisition as Group Director – Technical and CEO of Crop Nutrients, respectively.
  • The transactions, disclosed in accordance with regulatory requirements, involve the acquisition of Partnership and Matching Shares at a price of GBP 25.116 per share.

Anglo American plc (AGL) announced today that several of its Directors and Persons Discharging Managerial Responsibilities (PDMRs) have acquired shares in the company through its Share Incentive Plan. This plan, approved by HM Revenue & Customs, enables employees to purchase shares using monthly salary deductions. The transactions have been disclosed in compliance with Article 19 of the UK Market Abuse Regulation.

Among the key participants in the share acquisition are Matt Daley, Group Director – Technical, and Tom McCulley, CEO of Crop Nutrients. Their respective notifications mark their initial involvement in these transactions

Matt Daley, a Group Director – Technical at Anglo American, acquired 12 Partnership Shares and 12 Matching Shares under the Share Incentive Plan. The acquisition took place on June 14, 2023, at a price of GBP 25.116 per share. As a result, Mr. Daley’s aggregated purchase amounted to GBP 25.11.

Similarly, Tom McCulley, CEO of Crop Nutrients, acquired 12 Partnership Shares and 12 Matching Shares under the same plan. The transactions occurred on June 14, 2023, with each share priced at GBP 25.116. The aggregated purchase for Mr. McCulley equated to GBP 25.11.

Picture of Lethabo Ntsoane

Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo

Related

Personal Financial Tools

Below is a list of tools built to assist South Africans to make the best financial decisions:

Latest

Rateweb

South Africa’s primary source of financial tools and information

Contact Us

admin@rateweb.co.za

iab membership
Facebook Twitter Youtube

Links

Home
Blog
About Us
Contact Us
Get paid online writing for Us
Privacy Policy
Terms and Conditions

Disclaimer

Rateweb strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

Rateweb is not a financial service provider and should in no way be seen as one. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles.