AngloGold Ashanti (AGA) lists additional shares on GSE: Find out more.

The Ghana Stock Exchange (GSE) has on Monday, October 7, 2013 admitted to its list, 18,140,000 ordinary shares of 0.25cents each issued by AngloGold Ashanti Limited.

The shares were issued for the purposes of the conversion of an aggregate principal amount of US$686,162,400, 6% Mandatory Convertible Subordinate Bonds due on September 15, 2013. 

The bonds were issued by AngloGold Ashanti Holdings Finance plc, a wholly-owned subsidiary of the company and fully and unconditionally guaranteed on a subordinated basis.

The directors of AGA acting on the shareholders resolution of a general meeting held on October 26, 2010, on August 27, 2013 authorized the issue and the allotment of the said shares.  The shares were in accordance with the terms of the transaction.

Source: GSE

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