Citigroup Global Markets Limited, an exempt principal trader, has disclosed its dealings in the relevant securities of Anglo American plc in accordance with Rule 8.5 of the Takeover Code. The dealings were undertaken on 2nd May 2024 and involved purchases, sales, and cash-settled derivative transactions.
The disclosed purchases and sales of the ordinary shares of Anglo American plc were made at various prices and in different currencies. The transactions included purchases of 100,000 securities at ZAR 617.0000 per unit and 488 securities at EUR 30.4700 per unit. Additionally, sales of 555,309 securities were made at GBP 26.6150 per unit.
Furthermore, Citigroup Global Markets Limited engaged in cash-settled derivative transactions involving increasing and reducing long and short positions, with varying numbers of reference securities and prices per unit. The transactions included increasing short positions by 100,000 securities at GBP 26.2358 per unit and reducing long positions by various quantities at different prices.
The disclosure also indicated that there were no indemnity or other dealing arrangements related to relevant securities, and no agreements, arrangements, or understandings that could be an inducement to deal or refrain from dealing.
This disclosure provides transparency regarding the trading activities of Citigroup Global Markets Limited in relation to Anglo American plc, as required by the Takeover Code. It offers insights into the recent dealings and derivative transactions involving the securities of Anglo American plc, contributing to a better understanding of the market activity surrounding the company.