Mining giant Anglo American has raised ZAR 7.2bn (£308.03m) after an accelerated bookbuild saw it offer up 13.94m ordinary shares at a price of ZAR 515.0p per share.
Source: Sharecast
Anglo American said on Wednesday that settlement of the placing shares was expected to occur on or about 16 September on the Johannesburg Stock Exchange.
The FTSE 100-listed group noted that the placing shares represented approximately 5.3% of its total issued share capital.
As of 1015 BST, Anglo American shares were up 0.75% at 2,024.0p.
Reporting by Iain Gilbert at Sharecast.com
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