Citigroup Global Markets Limited has disclosed its dealings in the securities of Anglo American plc, in accordance with Rule 8.5 of the Takeover Code. The transactions, which took place on 15 May 2024, include purchases and sales of ordinary shares of Anglo American plc, as well as cash-settled derivative transactions. The disclosed dealings involve various currencies, including USD, ZAR, and GBP.
The disclosed purchases and sales of Anglo American plc's ordinary shares by Citigroup Global Markets Limited include a total of 6,698 shares sold at a highest price of ZAR 609.4300 per unit and a lowest price of ZAR 606.7033 per unit. Additionally, 1 share was purchased at a price of ZAR 609.4300 per unit. Moreover, 188,375 shares were sold at a highest price of GBP 33.2030 per unit and a lowest price of GBP 25.9000 per unit, while 468,684 shares were purchased at a highest price of GBP 26.4800 per unit and a lowest price of GBP 25.9000 per unit.
Furthermore, the disclosed cash-settled derivative transactions by Citigroup Global Markets Limited involve the use of Total Return Swaps (TRS) for increasing and reducing short positions, with varying numbers of reference securities and prices per unit in GBP.
The disclosure also includes information on indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made by Christopher Alexander Pollock on 16 May 2024.
This public dealing 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 insight into the recent transactions and derivative activities involving the securities of Anglo American plc, contributing to a better understanding of the market dynamics and trading behavior related to the company's shares.