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
2,137.00p
15:40 17/09/24
1.79%
37.50p
FTSE 100
8,317.30
15:40 17/09/24
n/a
n/a
FTSE 350
4,590.21
15:40 17/09/24
n/a
n/a
FTSE All-Share
4,545.82
15:40 17/09/24
n/a
n/a
Mining
11,609.41
15:39 17/09/24
0.10%
12.00
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