Trading in AngloGold Ashanti’s shares suspended ahead of corporate reorganization
In a significant move related to its corporate reorganisation transaction, Anglo Gold Ashanti (AGA) has announced the suspension of trading in its ordinary shares and depositary receipts on the Main Market of the Ghana Stock Exchange (GSE) effective from 8:00 a.m. on 20th September 2023.
This suspension follows AGA’s prior announcement on 27 July 2023, outlining its intention to undergo a corporate reorganisation. As part of this transition, AngloGold Ashanti plc, currently a wholly-owned subsidiary of AGA and incorporated under the laws of England and Wales, will assume the role of the holding company for AGA and its entire group.
Subsequent to the completion of the Reorganisation, AGA’s shares and depositary receipts will be delisted from the GSE. Simultaneously, the shares and depositary receipts of AngloGold Ashanti plc will be listed and admitted to trading on the Main Market of the GSE.
It is anticipated that trading in the shares and depositary receipts of AngloGold Ashanti plc will commence on the Main Market of the GSE at 10:00 a.m. (Ghana time) on 26 September 2023, marking a pivotal moment in AGA’s strategic transformation.
This development underscores AGA’s commitment to executing its corporate restructuring in accordance with its previously communicated plans.
