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JOHANNESBURG/LONDON - Valterra Platinum Limited, formerly known as Anglo American (JO:AGLJ) Platinum Limited, announced the completion of a demerger and the start of trading on the London Stock Exchange (LON:LSEG) (LSE) today. The move follows the separation of 51% of Anglo American plc’s interest in the company, effective as of Saturday, May 31, 2025.
The company’s entire issued share capital, comprising 265,292,206 ordinary shares, has been admitted to the Equity Shares category of the Financial Conduct Authority’s Official List and commenced trading on the LSE under the ticker symbol "VALT". This new listing complements Valterra Platinum’s primary listing on the Johannesburg Stock Exchange (JSE), where it trades with the share code "VAL" and ISIN ZAE000013181.
CEO Craig Miller expressed that the London listing marks a significant milestone for Valterra Platinum, enhancing its position as an independent entity within the platinum group metals (PGM) industry. He highlighted the company’s robust resource base, competitive cost structure, and processing capabilities as strengths that position it well to capitalize on the enduring demand in the PGM sector.
The decision to list on the London Stock Exchange is aimed at broadening Valterra Platinum’s shareholder base and improving access to its assets. Miller welcomed the new shareholders and emphasized the company’s commitment to long-term value creation for all stakeholders.
This strategic move is expected to provide Valterra Platinum with increased visibility and liquidity in the global market, aligning with its growth objectives. The information regarding the demerger and listing was based on a press release statement from Valterra Platinum.
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