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AngloGold CEO buys shares

Johannesburg - AngloGold Ashanti CEO Srinivasan Venkatakrishnan has bought R1.6m worth of shares in the mining giant, the company announced on Monday.

It said in a statement that Venkatakrishnan purchased 12 500 ordinary shares. The average price of shares purchased was R128.65.

The total value of the purchased shares, including brokerage and other fees, amounted to R1 618,566.

It said Venkatakrishnan previously bought 3429 shares in February and 10 000 shares in May.

The company said it had to give notice of the purchase in terms of a Johannesburg Stock Exchange listing requirement.

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