AngloGold Ashanti CEO Alberto Calderon
Gold miner AngloGold Ashanti began trading on the New York Stock Exchange (NYSE) on Monday, marking the completion of its corporate restructuring.
The company moved its primary listing to the NYSE from the JSE, maintaining the ticker symbol AU.
The restructuring, which was announced May and approved by shareholders last month, also entails a new corporate domicile in the UK.
“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,” says AngloGold Ashanti CEO Alberto Calderon.
“This signifies an important new era for AngloGold Ashanti strengthening our corporate infrastructure as we continue to focus on taking performance from our world-class asset base to the next level.”
Trading in the AngloGold Ashanti American Depositary Shares (ADSs) on the NYSE ceased at the close of market on September 22, and the AngloGold Ashanti ADS programme has been terminated with effect September 25.
AngloGold Ashanti stated that it remained committed to the JSE and A2X Markets in South Africa, and the Ghana Stock Exchange (GhSE) on which it has maintained secondary listings.
The ordinary shares of AngloGold Ashanti began trading on the JSE and A2X on September 20, maintaining the ticker symbol ANG. The ordinary shares and Ghanaian Depositary Shares of AngloGold Ashanti will commence trading on the GhSE, maintaining the ticker symbols AGA and AAD respectively, on September 26.
The AngloGold Ashanti group is now headquartered in Denver, Colorado, and retains a substantial corporate office in Johannesburg.