AngloGold Ashanti has announced the completion of its corporate restructuring, with a primary listing of its shares on the New York Stock Exchange (NYSE) and a corporate domicile in the UK.
The corporate restructuring was first announced on 12 May of this year and approved by the shareholders of AngloGold Ashanti Limited on 18 August.
“The move of our primary listing to the NYSE provides us with improved access to the world’s largest capital market and places us alongside the industry’s highest-valued gold companies,” said AngloGold Ashanti CEO Alberto Calderon.
“This signifies an important new era for AngloGold Ashanti strengthening our corporate infrastructure as we continue to focus on taking performance from our world-class asset base to the next level,” he added.
The ordinary shares of AngloGold Ashanti plc commenced trading on the NYSE on 25 September 2023, maintaining the ticker symbol AU. Trading in the AngloGold Ashanti Limited American Depositary Shares (ADSs) on the NYSE ceased at the close of market on 22 September 2023 and the AngloGold Ashanti Limited ADS program has been terminated with effect from 25 September 2023.
AngloGold Ashanti remains committed to the Johannesburg Stock Exchange (JSE) and A2X Markets (A2X) in South Africa and the Ghana Stock Exchange (GhSE) in Ghana on which it has maintained secondary listings.
The ordinary shares of AngloGold Ashanti plc commenced trading on the JSE and A2X on 20 September 2023, maintaining the ticker symbol ANG.
The ordinary shares and Ghanaian Depositary Shares of AngloGold Ashanti plc will commence trading on the GhSE, maintaining the ticker symbols AGA and AAD, respectively, today, 26 September 2023.
The AngloGold Ashanti group is now headquartered in Denver, Colorado and retains a substantial corporate office in Johannesburg.
Source: Norvanreport