Citigroup Global Markets Limited has released a public dealing disclosure under Rule 8.5 of the Takeover Code, relating to its trading activities with Anglo American plc. The dealings were undertaken on 9th May 2024 and involved both purchases and sales of the ordinary securities of Anglo American plc. The highest price per unit paid for the securities was GBP 27.5450, while the lowest price per unit paid was GBP 26.4450.
In addition to the purchases and sales, Citigroup Global Markets Limited also engaged in cash-settled derivative transactions, specifically increasing and reducing short positions. The transactions involved a significant number of reference securities and varied in price per unit. The nature of these dealings indicates a complex trading strategy involving Anglo American plc's securities.
The disclosure also includes information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. This suggests that the disclosed transactions were not influenced by any external factors or agreements.
This public disclosure provides insight into the trading activities of Citigroup Global Markets Limited in relation to Anglo American plc, shedding light on the nature and extent of their involvement in the securities of the company.