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Implats acquires another 1.07m RBPlat shares

20th April 2023

By: Donna Slater

Features Deputy Editor and Chief Photographer

     

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JSE-listed platinum group metals (PGMs) miner Impala Platinum (Implats) has acquired an additional 1.07-million shares in fellow PGMs miner Royal Bafokeng Platinum (RBPlat) – representing 45.09% of RBPlat’s shares in issue.

The latest acquisition of shares constitutes about 0.37% of the RBPlat shares in issue, and was made at the value of R150 a share, consisting of R60 in offer consideration shares and R90 in cash.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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