Anglo American raises ZAR 7.2bn via accelerated bookbuild
Mining giant Anglo American has raised ZAR 7.2bn (£308.03m) after an accelerated bookbuild saw it offer up 13.94m ordinary shares at a price of ZAR 515.0p per share.
Anglo American
2,581.00p
17:15 21/01/25
-1.51%
-39.50p
FTSE 100
8,548.29
17:09 21/01/25
n/a
n/a
FTSE 350
4,689.88
17:10 21/01/25
n/a
n/a
FTSE All-Share
4,641.76
17:15 21/01/25
n/a
n/a
Mining
11,135.45
17:04 21/01/25
2.64%
286.24
Anglo American said on Wednesday that settlement of the placing shares was expected to occur on or about 16 September on the Johannesburg Stock Exchange.
The FTSE 100-listed group noted that the placing shares represented approximately 5.3% of its total issued share capital.
As of 1015 BST, Anglo American shares were up 0.75% at 2,024.0p.
Reporting by Iain Gilbert at Sharecast.com