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You are here: Home > 2005 > Granting of Options to Directors of AngloGold Ashanti Limited in Terms of the AngloGold Share Incentive Scheme

Granting of Options to Directors of AngloGold Ashanti Limited in Terms of the AngloGold Share Incentive Scheme


Acrobat Version
Wednesday, September 28, 2005
In terms of JSE Listings Requirement 3.63 we hereby provide the following information regarding the granting of options by the Company in terms of the AngloGold Share Incentive Scheme to directors and company secretarial personnel.

Date of advice to stock exchange: 28 September 2005
Date of grant : 4 May 2005
Strike price : NIL cost to participant
Vesting date : On 29 April 2005, shareholders approved the introduction of two new incentive plans, the key terms of which were disclosed. The bonus share plan provides for the vesting of option, in full, three years from date of grant, provided that the participant is still in the employ of the company at the date of vesting. Options granted in terms of the long-term incentive plan vests three years after date of grant, to the extent that the performance conditions, under which the options were granted, are met. Any options not exercised by 4 May 2015 will lapse.
Class of security : Options to acquire ordinary shares
Type of interest : Direct beneficial


Clearance was obtained in terms of 3.66 of the JSE Listings Requirements.


Name Designation Bonus Share Plan Long-Term Incentive Plan

Godsell : RM Director 10,135 30,400
Carvalho Silva : R Director 3,215 13,000
Nicolau : NF Director 2,635 13,000
Venkatakrishnan : S Director 1,865 13,000
Williams : KH Director 4,230 NIL
Simelane : YZ Managing Secretary 1,490 6,500
Bull : CR Company Secretary 810 NIL

Total options granted to directors and company secretarial personnel 24,380 75,900

The options granted above form part of a total option grant of 283,110 368,500
Number of participants 756 77
Market value per option at date of grant R197.50 R197.50



Johannesburg
28 September 2005
JSE Sponsor : UBS



 
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