AngloGold Ashanti has completed its corporate restructuring, with a primary listing of its shares on the New York Stock Exchange (NYSE) and a corporate domicile in the United Kingdom.
The corporate restructuring was first announced last May and later approved by the shareholders on 18 August.
“The move of our primary listing to the NYSE provides us with improved access to the world’s largest capital market and places us alongside the industry’s highest-valued gold companies,” said AngloGold Ashanti chief executive Alberto Calderon.
"To further enhance our corporate infrastructure and drive performance from our world-class asset base, this marks a significant new era for AngloGold Ashanti."
On September 25, 2023, trading began on the New York Stock Exchange (NYSE) for AngloGold Ashanti ordinary shares.
AngloGold Ashanti, meanwhile, reaffirmed its dedication to its secondary listings on the Johannesburg Stock Exchange (JSE) and A2X Markets (A2X) in South Africa, as well as the Ghana Stock Exchange (GhSE) in Ghana.
The ordinary shares of AngloGold Ashanti commenced trading on the JSE and A2X on 20 September 2023.
The ordinary shares and Ghanaian Depositary Shares of AngloGold Ashanti also commence trading on the GhSE on 26 September 2023.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished