England & Wales
(State or Other Jurisdiction
of Incorporation or Organization)
|
Not Applicable
(I.R.S. Employer Identification No.)
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Large accelerated filer ☒
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Accelerated filer ☐
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Non-accelerated filer ☐
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Smaller reporting company ☐
Emerging growth company ☐
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8
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9
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a) |
the Registrant’s annual report on Form 20-F for the fiscal year ended December 31, 2023, filed with the Commission on April 25, 2024 (File No. 001-41815) (the “2023 Annual Report”), which contains audited
consolidated financial statements for the most recent fiscal year for which such statements have been filed; and
|
b) |
the description of the Registrant’s Ordinary Shares contained in the Registrant’s registration statement on Form F-4, initially filed with the Commission on June 23, 2023 (File No. 333-272867), including any
amendment or report filed for the purpose of updating such description.
|
● |
reports filed under Section 13(a), 13(c), 14 or 15(d) of the Exchange Act; and
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● |
reports furnished on Form 6-K that indicate that they are incorporated by reference in this Registration Statement.
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a) |
purchase and maintain for a director of the company insurance against any such liability,
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b) |
indemnify the director against liability incurred by the director to a person other than the company or an associated company (a “qualifying third party indemnity provision”), or
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c) |
indemnify a director of a company that is a trustee of an occupational pension scheme against liability incurred in connection with the company’s activities as trustee of the scheme
(a “qualifying pension scheme indemnity provision”).
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(a) |
The undersigned Registrant hereby undertakes:
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(1) |
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
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(i) |
To include any prospectus required by Section 10(a)(3) of the Securities Act;
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(ii) |
To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not
exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) under the Securities Act if, in
the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement;
|
(iii) |
To include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement;
|
(2) |
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
|
(3) |
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
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(b) |
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
|
(c) |
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director,
officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
|
|
ANGLOGOLD ASHANTI PLC
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By:
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/s/ Gillian Ann Doran
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Name:
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Gillian Ann Doran
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Title:
|
Chief Financial Officer and Executive Director
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Signature
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Title
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/s/ Alberto Calderon Zuleta
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Chief Executive Officer and Executive Director
(Principal Executive Officer)
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Name: Alberto Calderon Zuleta
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/s/ Gillian Ann Doran
|
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Chief Financial Officer and Executive Director
(Principal Financial Officer)
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Name: Gillian Ann Doran
|
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/s/ Ian Kramer
|
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Senior Vice President Group Finance
(Principal Accounting Officer)
|
Name: Ian Kramer
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/s/ Maria da Conceição das Neves Calha Ramos
|
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Chairman and Independent Non-Executive Director
|
Name: Maria da Conceição das Neves Calha Ramos
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/s/ Rhidwaan Gasant
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Independent Non-Executive Director
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Name: Rhidwaan Gasant
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/s/ Kojo Osei Frimpong Busia
|
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Independent Non-Executive Director
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Name: Kojo Osei Frimpong Busia
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/s/ Alan Murray Ferguson
|
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Independent Non-Executive Director
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Name: Alan Murray Ferguson
|
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/s/ Albert Headden Garner
|
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Independent Non-Executive Director
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Name: Albert Headden Garner
|
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/s/ Scott Paul Lawson
|
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Independent Non-Executive Director
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Name: Scott Paul Lawson
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/s/ Jinhee Magie
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Independent Non-Executive Director
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Name: Jinhee Magie
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/s/ Maria Del Carmen Richter
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Independent Non-Executive Director
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Name: Maria Del Carmen Richter
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/s/ Diana Li Sands
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Independent Non-Executive Director
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Name: Diana Li Sands
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/s/ Jochen Erhard Tilk
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Independent Non-Executive Director
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Name: Jochen Erhard Tilk
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/s/ Lisa Ali
|
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Authorized Representative in the United States
|
Name: Lisa Ali
|
|
One Bunhill Row
London EC1Y 8YY
T +44 (0)20 7600 1200
F +44 (0)20 7090 5000
|
AngloGold Ashanti plc
|
25 April 2024
|
4th Floor, Communications House, South Street
|
|
Staines-Upon-Thames, Surrey
|
|
United Kingdom
|
|
TW18 4PR
|
|
Our reference
DGW/HZW
Direct line
+44 (0)20 7090 4362
|
|
1. |
As English legal advisers to AngloGold Ashanti plc (the “Company”), we are giving this opinion in connection with the Registration Statement on Form S-8 (the “Registration
Statement”) of the Company to be filed with the United States Securities and Exchange Commission (the “SEC”) on 25 April 2024. We have not been concerned with investigating or verifying the
facts set out in the Registration Statement, with the exception of Item 6 therein to the extent it relates to the description of certain provisions of the UK Companies Act 2006 (the “Companies Act 2006”)
and the Articles of Association (as defined below), in respect of which we note the description of section 232 of the Companies Act 2006 is an accurate description of such provision, rather than a direct extract.
|
2. |
This letter sets out our opinion on certain matters of English law as at today’s date and as currently applied by the English courts. We express no opinion on European Union law as it affects or would be applied in any jurisdiction
other than England and Wales. We have not made any investigation of, and do not express any opinion on, any other law. This letter is to be governed by and construed in accordance with English law.
|
3. |
For the purposes of this opinion, we have examined:
|
(a) |
the articles of association of the Company adopted by a special resolution passed on 11 September 2023 (the “Articles of Association”);
|
(b) |
the rules of the Company’s 2024 Omnibus Incentive Compensation Plan (the “Plan”);
|
(c) |
the Registration Statement; and
|
(d) |
the results of (i) a search at the Registrar of Companies in respect of the Company on 25 April 2024 at 09:29am; and (ii) a search at the Central Registry of Winding-Up Petitions in respect of the Company on 25 April 2024 at 10:12am
(together the “Searches”).
|
4. |
For the purposes of this opinion, we have assumed:
|
(a) |
the conformity to original documents of all the copy (including electronic copy) documents examined by us;
|
(b) |
that all signatures on the executed documents which, or copies of which, we have examined are genuine;
|
(c) |
that the copy of the Articles of Association examined by us is complete and up to date and would, if issued today, comply, as respects the Articles of Association, with section 36 of the Companies Act 2006;
|
(d) |
the capacity, power and authority of each party to the documents examined by us to execute, deliver and exercise its rights and perform its obligations (as applicable) under those documents;
|
(e) |
that (i) information disclosed by the Searches was at the time each was carried out complete, up to date and accurate and has not since then been altered or added to, and (ii) the Searches did not fail to disclose any information
relevant for the purposes of this opinion;
|
(f) |
that (i) the Company has not made any proposal for a voluntary arrangement or obtained a moratorium under Part I of the UK Insolvency Act 1986 (as amended) (the “Insolvency Act 1986”), (ii) the
Company has not given any notice in relation to or passed any winding-up resolution, (iii) no application has been made or petition presented to a court, and no order has been made by a court, for the winding-up or administration of the
Company, and no step has been taken to strike off or dissolve the Company, (iv) no liquidator, administrator, receiver, administrative receiver, trustee in bankruptcy or similar officer has been appointed in relation to the Company or any
of its assets or revenues, and no notice has been given or filed in relation to the appointment of such an officer, and (v) no insolvency proceedings or analogous procedures have been commenced in any jurisdiction outside England and
Wales in relation to the Company or any of its assets or revenues;
|
(g) |
that insofar as any obligation under the Plan is to be performed in, or is otherwise subject to, any jurisdiction other than England and Wales, its performance will not be illegal or ineffective or contrary to public policy in that
jurisdiction;
|
(h) |
all acts, conditions or things required to be fulfilled, performed or effected in connection with the Plan under the laws of any jurisdiction other than England and Wales have been duly fulfilled, performed and effected in accordance
with the laws of each such jurisdiction;
|
(i) |
that the Plan which we have examined is in force, has not been amended, and has been and will be operated in accordance with its terms;
|
(j) |
that the directors of the Company have complied with their duties as directors in so far as relevant to this opinion letter;
|
(k) |
that, in respect of each issue of ordinary shares in the capital of the Company under the Plan (the “Shares”), the Company will have sufficient authorised but unissued share capital and the
directors of the Company will have been granted the necessary authority to allot and issue the relevant Shares;
|
(l) |
that a meeting of the board of directors of the Company or a duly authorised and constituted committee of the board of directors of the Company has been or will be duly convened and held, prior to the allotment and issue of the Shares,
at which it was or will be resolved to allot and issue the Shares;
|
(m) |
that the Shares will, before allotment or issue, have been fully paid up in accordance with the Companies Act 2006;
|
(n) |
that the Shares are issued in accordance with the Plan;
|
(o) |
that the name of the relevant allottee and Shares allotted are duly entered in the register of members of the Company;
|
(p) |
that the Company has not made and will not make a payment out of capital in respect of the purchase of its own shares which would cause a liability to be incurred by its shareholders under the Insolvency Act 1986;
|
(q) |
that none of the holders of the Company’s shares has received or will receive any dividends or distribution which constitute an unlawful distribution pursuant to common law or the Companies Act 2006 (as applicable);
|
(r) |
that there is no actual or implied additional contractual relationship between the Company and the holders of the Shares, except for any contract of employment, the Articles of Association and the Plan; and
|
(s) |
that, in respect of each issue of Shares, such issue will not be subject to any pre-emptive or other rights of the holders of issued shares of the Company except such rights as have been disapplied.
|
5. |
Based on and subject to the foregoing, and subject to the reservations set out below and to any matter of fact not disclosed to us, we are of the opinion that when the Shares are issued and delivered against full payment therefor as
contemplated in the Registration Statement and in conformity with the Articles of Association and so as not to violate any applicable law, such Shares will have been validly issued and fully paid up and no further contributions in respect
of such Shares will be required to be made to the Company by the holders thereof, by reason solely of their being such holders.
|
6. |
Our reservations are as follows:
|
(a) |
The English courts will apply English law as the governing law of the Plan.
|
(b) |
Insofar as any obligation under the Plan is to be performed in any jurisdiction other than England and Wales, an English court may have to have regard to the law of that jurisdiction in relation to the manner of performance and the
steps to be taken in the event of defective performance.
|
(c) |
We express no opinion as to whether specific performance, injunctive relief or any other form of equitable remedy would be available in respect of any obligation of the Company under or in respect of the Plan.
|
(d) |
The obligations of the Company and the remedies available to the Company or participants under or in respect of the Plan will be subject to any law from time to time in force relating to liquidation or administration or any other law
or legal procedure affecting generally the enforcement of creditors’ rights.
|
(e) |
With the exception of Item 6 in the Registration Statement to the extent it relates to the description of certain provisions of the Companies Act 2006 and the Articles of Association (in respect of which we note the description of
section 232 of the Companies Act 2006 is an accurate description of such provision, rather than a direct extract), we have not been responsible for verifying the accuracy of the information or the reasonableness of any statements of
opinion contained in the Registration Statement nor have we been responsible for verifying that no material information has been omitted from the Registration Statement. In addition, we express no opinion as to whether the Registration
Statement (or any part of it) contained or contains all the information required to be contained in it or whether the persons responsible for the Registration Statement have discharged their obligations thereunder.
|
(f) |
The Searches are not conclusive as to whether or not insolvency proceedings have been commenced in relation to the Company or any of its assets. For example, information required to be filed with the Registrar of Companies or the
Central Registry of Winding up Petitions is not in all cases required to be filed immediately (and may not be filed at all or on time); once filed, the information may not be made publicly available immediately (or at all); information
filed with a District Registry or County Court may not, and in the case of administrations will not, become publicly available at the Central Registry; and the Searches may not reveal whether insolvency proceedings or analogous procedures
have been commenced in jurisdictions outside England and Wales.
|
(g) |
This opinion is subject to any limitations arising from insolvency, liquidation, administration, moratorium, reorganisation and similar laws and procedures affecting the rights of creditors generally.
|
7. |
This opinion is given to you solely for your use in connection with the filing of the Registration Statement. It may not be relied upon by any other person or used for any other purpose other than set out in this opinion. It is not to
be reproduced, quoted, summarised or relied upon by anyone else or for any other purpose without our express consent.
|
8. |
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving this consent we do not admit that we are “experts” under the United States Securities Act of 1933, as amended, or the rules and
regulations of the SEC issued thereunder with respect to any part of the Registration Statement, including this opinion.
|
9. |
To the extent permitted by applicable law and regulation, you may rely on this letter only on condition that your recourse to us in respect of the matters addressed in this letter is against the firm’s assets only and not against the
personal assets of any individual partner. The firm’s assets for this purpose consist of all assets of the firm’s business, including any right of indemnity of the firm or its partners under the firm’s professional indemnity insurance
policies, but excluding any right to seek contribution or indemnity from or against any partner of the firm or person working for the firm or similar right.
|
/s/ PricewaterhouseCoopers Inc.
|
|
|
|
Johannesburg, Republic of South Africa
|
|
25 April 2024
|
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/s/ Ernst & Young Inc.
|
|
|
|
Johannesburg, Republic of South Africa
|
|
25 April 2024
|
|
/s/ BDO LLP
|
|
BDO LLP
|
London, United Kingdom
|
April 25, 2024
|
● |
the Technical Report Summaries, as exhibits to the Form 20-F;
|
● |
the use of and reference to my name, including my status as an expert or “Qualified Person” (as defined in 1300 Regulation S-K) in connection with the Form 20-F and Technical Report Summaries;
and
|
● |
any extracts from, or summary of, the Technical Report Summaries in the Form 20-F and the use of any information derived, summarised, quoted or referenced from the Technical Report Summaries, or
portions thereof, that is included or incorporated by reference into the Form 20-F.
|
/s/Tarryn Flitton
|
|
● |
the Technical Report Summary, as an exhibit to the Form 20-F;
|
|
● |
the use of and reference to my name, including my status as an expert or “Qualified Person” (as defined in 1300 Regulation S-K) in connection with the Form 20-F and
Technical Report Summary; and
|
|
● |
any extracts from, or summary of, the Technical Report Summary in the Form 20-F and the use of any information derived, summarised, quoted or referenced from the Technical
Report Summary, or portions thereof, that is included or incorporated by reference into the Form 20-F.
|
/s/ Duan Campbell
|
|
Duan Campbell
|
● |
the Technical Report Summary, as an exhibit to the Form 20-F;
|
● |
the use of and reference to my name, including my status as an expert or “Qualified Person” (as defined in 1300 Regulation S-K) in connection with the Form 20-F and Technical Report Summary;
and
|
● |
any extracts from, or summary of, the Technical Report Summary in the Form 20-F and the use of any information derived, summarised, quoted or referenced from the Technical Report Summary, or
portions thereof, that is included or incorporated by reference into the Form 20-F.
|
/s/ Damon Elder
|
|
Damon Elder
|
● |
the Technical Report Summary, as an exhibit to the Form 20-F;
|
● |
the use of and reference to my name, including my status as an expert or “Qualified Person” (as defined in 1300 Regulation S-K) in connection with the Form 20-F and Technical Report Summary; and
|
● |
any extracts from, or summary of, the Technical Report Summary in the Form 20-F and the use of any information derived, summarised, quoted or referenced from the Technical Report Summary, or
portions thereof, that is included or incorporated by reference into the Form 20-F.
|
/s/ Douglas Atanga
|
|
Douglas Atanga
|
● |
the Technical Report Summary, as an exhibit to the Form 20-F;
|
● |
the use of and reference to my name, including my status as an expert or “Qualified Person” (as defined in 1300 Regulation S-K) in connection with the Form 20-F and Technical Report Summary;
and
|
● |
any extracts from, or summary of, the Technical Report Summary in the Form 20-F and the use of any information derived, summarised, quoted or referenced from the Technical Report Summary, or
portions thereof, that is included or incorporated by reference into the Form 20-F.
|
/s/ Eric Kofi Owusu Acheampong
|
|
Eric Kofi Owusu Acheampong
|
● |
the Technical Report Summary, as an exhibit to the Form 20-F;
|
● |
the use of and reference to my name, including my status as an expert or “Qualified Person” (as defined in 1300 Regulation S-K) in connection with the Form 20-F and Technical Report Summary; and
|
● |
any extracts from, or summary of, the Technical Report Summary in the Form 20-F and the use of any information derived, summarised, quoted or referenced from the Technical Report Summary, or portions thereof, that is included or
incorporated by reference into the Form 20-F.
|
/s/ Richard Peattie
|
● |
the Technical Report Summary, as an exhibit to the Form 20-F;
|
● |
the use of and reference to my name, including my status as an expert or “Qualified Person” (as defined in 1300 Regulation S-K) in connection with the Form 20-F and Technical Report Summary;
and
|
● |
any extracts from, or summary of, the Technical Report Summary in the Form 20-F and the use of any information derived, summarised, quoted or referenced from the Technical Report Summary, or
portions thereof, that is included or incorporated by reference into the Form 20-F.
|
/s/ Romulo Sanhueza
|
|
Romulo Sanhueza
|
● |
the Technical Report Summary, as an exhibit to the Form 20-F;
|
● |
the use of and reference to my name, including my status as an expert or “Qualified Person” (as defined in 1300 Regulation S-K) in connection with the Form 20-F and Technical Report Summary; and
|
● |
any extracts from, or summary of, the Technical Report Summary in the Form 20-F and the use of any information derived, summarised, quoted or referenced from the Technical Report Summary, or
portions thereof, that is included or incorporated by reference into the Form 20-F.
|
/s/ Jay Olcott
|
|
Jay Olcott
|
|
Security Type
|
Security
Class Title
|
Fee Calculation Rule
|
Amount
Registered
|
Proposed Maximum
Offering Price Per Share
|
Proposed Maximum
Aggregate Offering Price
|
Fee Rate
|
Amount of
Registration Fee
|
Fees to Be Paid
|
Equity
|
AngloGold Ashanti plc
ordinary shares,
par value $1.00 per share
(the “Ordinary Shares”)
|
457(c) and 457(h)
|
20,000,000(1)
|
$22.04(2)
|
$440,800,000(2)
|
0.00014760
|
$65,062.08
|
|
Total Offering Amounts
|
|
$440,800,000(2)
|
|
$65,062.08
|
|||
|
Total Fee Offsets
|
|
|
|
--
|
|||
|
Net Fee Due
|
|
|
|
$65,062.08
|
(1)
|
This registration statement covers 20,000,000 Ordinary Shares of AngloGold Ashanti plc (the “Registrant”) which may be offered or sold under the 2024 Omnibus
Incentive Compensation Plan (the “Plan”). Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), there is also being registered such number of additional shares that may become available
pursuant to the Plan in the event of any stock split, stock dividend or similar transaction.
|
(2)
|
Estimated solely for the purpose of calculating the registration fee in accordance with Rules 457(c) and 457(h)(1) under the Securities Act based on the average
of the high and low prices of ordinary shares, par value $1.00 per share, of the Registrant on the New York Stock Exchange on April 22, 2024 of $22.04 per ordinary share.
|
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