Anglo American Platinum pursues London Stock Exchange secondary listing

Anglo American Platinum (JSE:ANANP) announced its application for a secondary listing on the London Stock Exchange (LSE), alongside the publication of its prospectus. The move, driven by the planned demerger from Anglo American plc, aims to maintain accessibility for UK-based shareholders and broaden the company's capital market reach. Expected to be renamed Valterra Platinum Limited subject to shareholder approval, the company will continue its primary listing on the Johannesburg Stock Exchange (JSE). Admission to the LSE is projected for June 2, 2025, with shares trading under the ticker "VALT." Anglo American intends to retain approximately 19.9% shareholding for at least 90 days post-demerger. The company's prospectus, detailing recent performance and risk factors, has been approved by the Financial Conduct Authority (FCA). The company currently has 265,292,206 shares in issue.