Elliott Investment Management, L.P. has disclosed a 3.14285% stake in Anglo American PLC. The disclosure, made under Rule 8.3 of the Takeover Code, includes interests and short positions in the relevant securities of Anglo American PLC. The disclosure also mentions the date of the position held and dealings undertaken, which was 15th May 2024.
The disclosure indicates that Elliott Investment Management, L.P. and its related entities, including Elliott International, L.P., Elliott Associates, L.P., and The Liverpool Limited Partnership, hold a significant stake in Anglo American PLC. The disclosure also includes details of cash-settled derivatives, with 42,038,118 cash-settled derivatives representing 3.14285% of the relevant securities.
The disclosure provides a breakdown of the interests and short positions in the relevant securities of Anglo American PLC. It also outlines the nature of the dealings, including purchases and sales, cash-settled derivative transactions, and stock-settled derivative transactions. Additionally, it states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with the regulatory requirements, and it provides transparency regarding the significant stake held by Elliott Investment Management, L.P. and its related entities in Anglo American PLC. This information is crucial for investors, analysts, and other stakeholders to understand the ownership and interests in the company, as well as the related derivative transactions.
In conclusion, the disclosure by Elliott Investment Management, L.P. sheds light on its 3.14285% stake in Anglo American PLC, providing important insights into the ownership and positions in the relevant securities of the company. This disclosure is a key element in maintaining transparency and compliance with regulatory requirements in the financial markets.