ANGLO AMERICAN PLC Announces Corporate Action
Why we think this is neutral
This RNS announcement is a general corporate update and does not contain any of the mandatory news types specified, such as contract news, trading update, or annual results. Therefore, the sentiment is assessed as neutral.
Key Points
- Spin-off of 110 shares of AAP for every 1075 Anglo American shares held
- Consolidation of every 109 existing shares into 96 new shares
Summary
The major mining company has announced a corporate action involving a spin-off and share consolidation.
ANGLO AMERICAN PLC (AAL LN / AAL.L) has announced a corporate action involving a spin-off of 110 shares of a new company AAP for every 1075 Anglo American shares held, along with a consolidation of every 109 existing shares into 96 new shares. The effective date of this corporate action was 2nd June 2025.
GENERAL UPDATE