Equity Insights
Corporate Action: Anglo American (AGL) - Demerger of Valterra Platinum and Share Consolidation
Anglo American plc (AGL) will demerge a portion of its stake in Valterra Platinum Ltd (VAL) to AGL shareholders, in the ratio of 110 VAL shares per 1 075 AGL shares held. This will be immediately followed by a share consolidation in the ratio of 96 AGL shares for every 109 AGL shares held. VAL is currently trading as Anglo American Platinum (AMS), but the name change will become effective prior to VAL shares reflecting in broker accounts.
20 May 2025