Allan Reid
About Allan
Allan began his career as a Candidate Attorney at Solomon and Nicholson, where he was subsequently promoted to an Associate. He then joined Slomowitz Myburgh Cawood and Brits as an Associate and was later promoted to Director. He was one of the founding partners of Smuts and Reid before joining Savage Jooste and Adams in 1997 as head of their Corporate, Commercial and Intellectual Property department. In February 2008 Allan joined Cliffe Dekker (now Cliffe Dekker Hofmeyr) as a Director. In 2024 Allan was appointed Executive Consultant.
Areas of expertise
Experience
Represented Lonmin in Sibanye-Stillwater's all-share offer. Under the terms of the deal, Sibanye-Stillwater acquired the entire issued of Lonmin. The deal was effected by means of a scheme of arrangement between Lonmin and the Lonmin shareholders under Part 26 of the UK Companies Act.
Advised Anglo American Platinum in regard to the reported Proposed Transaction Kabeljou and its Platinum Review.
Advised BHP Billiton on the disposal by bidding process of certain of its non-core coal rights.
Represented Platinum Group Metals and Platinum Group Metals (RSA) in their sale, with Japan Oil, Gas & Metals National Corporation (JOGMEC) of 15 per cent of their shareholding in Waterberg JV Resources (Pty) Limited to Impala Platinum Holdings Ltd (Implats). Additionally, Implats was granted a Purchase & Development Option to increase its interest in Waterberg JV to up to 50.01 per cent. Under the terms of the deal Implats can purchase an additional equity interest from JOGMEC, earning into the remaining interest by making a firm commitment to an expenditure of US$130 million in development work, with a right of first refusal to smelt and refine Waterberg Project ore.
Drafted submissions to the Minister of Mineral Resources on the Draft Mineral and Petroleum Resources Development Bill, 2012.
Represented Hitachi in negotiations with a Canadian mining company and a consortium of nine international financiers for the supply of fleets of equipment for a new Zambian copper mine.
Represented numerous international companies in regard to patent, design and trademark registrations, including para-statals of the Government of Cuba in regard to the Cuban cigar trademarks
Acted in a private equity deal take-over and restructuring of a major Canadian food company.
Advised numerous financial institutions with regard to funding of mining projects and security interests. Acting for Bakgatla-Ba-Kgafela Tribe in the restructuring of the Bakgatla-Ba-Kgafela Tribe's various platinum group metal interests and the acquisition and consolidation of additional mining and beneficiation interests, valued R2,6 billion.
Advising Lonmin Plc on equity capitalization coupled with a debt restructuring of the senior and revolving term facilities and mining right issues, valued US$ 800 million.
Advising Platinum Group Metals Ltd on drafting written submissions to Department of Mineral Resources and presentation to Department on the Draft Mineral and Petroleum Resources Development Bill.
Advising PPC Company Limited on the acquisition by PPC and Industrial Development Corporation (IDC) of a shareholding in an Ethiopian lime company; relationship agreement between PPC and IDC, valued US$30 million.
Advising Interplay Trading on the disposal by Interplay and joint venture partners of prospecting right to Ruukki SA subsidiary, including all regulatory executions, registrations, valued R30 million.
Advising Sekoko Resources (Pty) Limited on sale of shares in listed Australian entity, share acquisition/joint venture participation by Seychelles company in Sekoko Coal; funding and group restructuring advice; funding undertaking obligation, valued at AUS$ 29 million; funding obligations AUS$400 million.
Acting on behalf of Lonmin in opposition to DMR grant of prospecting rights for associated minerals to a third party over Lonmin mining areas.
Acting on behalf of Platinum Group Metals Ltd, Canada on new share issues, legal opinions, prospectus, valued at CAN$180 million.
Acting for Platinum Group Metals in regard to its vending of rights into a new operating entity, including regulatory, funding and mining right issues, valued in excess of R1,29 billion.
Disposal of Makana's interest in Vlakplaats coal reserves to a consortium led by Continental Coal, valued at R180 million.
Advised Village Main Reef Limited on the acquisition of the majority of the Simmer & Jack Mining assets, valued at R1,2 billion.
Advised China African Precious Metals on the acquisition by Hong Kong subsidiary of SSC Mandarin Group of the assets of Orkney Gold Mine from the liquidators of Pamodzi Gold, valued at R150 million.
Acquisition by Village Main Reef from DRDGold of Blyvooruitzicht mine, valued at R150 million. Advised on the R30 million acquisition by Village Main Reef Gold Mining from To The Point 74% stake in Consolidated Murchison Mine.
Acting for Platinum Group Metals Ltd and Platinum Group Metals (RSA) (Pty) Limited in the USD 74 million disposal of the Maseve Mine to Royal Bafokeng Platinum.
Represented ArcelorMittal S.A. and ArcelorMittal Sourcing SCA, the Luxembourg-based global steel group, in the disposal of their 50% stake in Kalagadi Alloys (Pty) Limited and their interests in a manganese off-take agreement to Kgalagadi Alloys, with funding from the African Development Bank and Industrial Development Corporation of South Africa.
Recognition
- Chambers Global 2017–2026 ranked Allan Reid in Band 2 for energy & natural resources: mining.
- The Legal 500 EMEA 2025 recommended Allan in the ‘Hall of Fame’ for mining.
- The Legal 500 EMEA 2020–2023 recommended him as a leading individual for mining. From 2011–2019, it recommended him for mining.
Credentials
Education
- BProc LLB, University of the Witwatersrand
- Year of admission as an attorney: 1985
- Registered with the Legal Practice Council
LANGUAGES
- English
- Afrikaans