PIC reduces Anglo American stake as executives buy shares

Public Investment Corporation SOC Limited has disclosed a change in its major holdings in Anglo American plc, with its total voting rights decreasing to 5.992% from a previous notification of 6.863%. This adjustment, reflecting 70,594,174 voting rights, was effective on December 11, 2025, and reported to the issuer on December 15, 2025.

Concurrently, several Anglo American plc directors and persons discharging managerial responsibilities (PDMRs) acquired shares through the company's share incentive plan on December 15, 2025. Duncan Wanblad (chief executive officer), John Heasley (chief financial officer), Alison Atkinson (chief projects & development officer), Monique Carter (chief people & organisation officer), Al Cook (CEO, De Beers), Tom McCulley (chief technical officer), Helena Nonka (chief strategy & sustainability officer), Richard Price (chief legal & corporate affairs officer), and Matt Walker (CEO, marketing) each acquired 5 partnership shares and 5 matching shares. All acquisitions were priced at £28.42 per share, with an aggregated volume of 10 shares per individual. The transactions took place on the London Stock Exchange - XLON.