Anglo Platinum buys back 1,8% of its shares
Anglo Platinum wishes to announce that in terms of the share buy back programme approved by shareholders on 25 May 2001 it has repurchased in open market a total of 3 901 667 shares of which 2 228 267 have been cancelled. The balance of 1 673 400 are held in a wholly owned subsidiary. The Company's issued share capital has reduced from 217 929 518 to 215 701 251. This effectively reduces the number of shares used for earnings per share and dividend per share calculations by 1,8% to 214 027 851.
As stated previously the Company will continue to purchase shares in terms of the buy back programme from time to time as it sees value in the share. Anglo Platinum is currently in its closed period in terms of the buy back and will not purchase any further shares in the market until after the release of its results in February 2002.
For further information, please contact
Trevor Raymond
(011) 373-6462
082 654 8467