U.S. stock futures rise after U.S.-Japan trade deal; Tesla, Alphabet earnings due
LONDON - Anglo American (JO:AGLJ) plc has announced the closing price of Valterra Platinum Limited shares in relation to its previously communicated demerger process. Today, the ordinary shares of Valterra Platinum Limited, a spin-off from Anglo American, closed at ZAR 70,472 cents per share on the Johannesburg Stock Exchange.
This pricing update follows a series of announcements by Anglo American, including the circular issued on April 8, 2025, detailing the demerger of 136,262,382 ordinary shares from its holding in Valterra Platinum Limited. The demerger is part of a distribution to qualifying Anglo American shareholders, which will be completed through the transfer of these shares.
Additionally, Anglo American has confirmed that a share consolidation will take place subsequent to the demerger’s completion. The company provided a finalisation announcement on May 20, 2025, and has since followed the corporate actions timetable set by the JSE Limited for these proceedings.
Shareholders of Anglo American can expect further updates on the implementation of the demerger and the subsequent share consolidation. The company maintains its primary listing on the London Stock Exchange (LON:LSEG), with secondary listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the Namibia Stock Exchange, and the SIX Swiss Exchange.
The information regarding the demerger and share consolidation is based on a press release statement from Anglo American plc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.