Anglo American plc's 78% owned subsidiary, Anglo American Platinum Limited ('Anglo American Platinum'), announced today that its subsidiary, Anglo Platinum Marketing Limited ('APML'), has subscribed for interests in two UK based venture capital funds (the 'Funds'), with a total aggregate commitment of $100 million. Anglo American Platinum's commitment to the Funds is matched by a $100 million commitment from South Africa's Government Employees Pension Fund represented by the Public Investment Corporation SOC Ltd (the 'PIC').

The Funds will be managed through an independent fund management business, AP Ventures LLP, led by two experienced former APML executives. The Funds have been established to invest globally in companies which support the development of innovative and competitive technological uses of platinum group metals ('PGMs').

The first Fund will hold certain of APML's existing investments which have been made under APML's PGM investment programme. The second Fund will be established to make new investments.

Anglo American Platinum issued an announcement this morning to the Johannesburg Stock Exchange which is available on the Anglo American Platinum website via link.

This transaction is a smaller related party transaction under UK Listing Authority ('UKLA') Listing Rule 11, as the PIC is a substantial shareholder in Anglo American plc. The transaction is therefore subject to the requirements of UKLA Listing Rule 11.1.10R.

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Anglo American plc published this content on 17 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 July 2018 07:11:07 UTC