Amplats to trade as Valterra Platinum from May 28

ANGLO American Platinum (Amplats) will begin its life as a standalone company demerged from parent Anglo American on May 28 when it will trade in Johannesburg under its new name of Valterra Platinum.This is in terms of a notice to shareholders published on Thursday regarding the firm’s annual general meeting which has been scheduled for May 8. Shareholders will vote on the proposed name change among other matters.Anglo American announced plans to demerge Amplats in May last year in terms of a simplification strategy aimed at focusing on its copper, iron ore and minerals fertiliser assets. As part of the demerger, Valterra Platinum will take a secondary listing in London, designed to minimise flowback of shares from investors not mandated to hold an investment in a Johannesburg, commodity specific company.   The post Amplats to trade as Valterra Platinum from May 28 appeared first on Miningmx.Weiter zum vollständigen Artikel bei Mining.com Weiter zum vollständigen Artikel bei Mining.com