Iain Gilbert Sharecast News
11 Sep, 2024 10:16 11 Sep, 2024 10:16

Anglo American raises ZAR 7.2bn via accelerated bookbuild

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Anglo AmericanSharecast graphic / Josh White

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

2,136.00p

15:45 17/09/24
1.74%
36.50p

FTSE 100

8,318.15

15:45 17/09/24
n/a
n/a

FTSE 350

4,590.50

15:45 17/09/24
n/a
n/a

FTSE All-Share

4,546.10

15:45 17/09/24
n/a
n/a

Mining

11,597.79

15:44 17/09/24
0.00%
0.38

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

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