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Implats increases RBPlat shareholding to 56.1%

15th June 2023

By: Marleny Arnoldi

Online News Editor

     

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JSE-listed Impala Platinum (Implats) has acquired a further 0.08% of the share capital of Royal Bafokeng Platinum (RBPlat).

Implats now owns 56.1% of RBPlat’s shares in issue.

The company has since the end of 2021 been gradually increasing its shareholding in the company and recently acquired the Public Investment Corporation’s 9.2% shareholding in RBPlat, in efforts to acquire all of the shares.

Northam Platinum, which had also previously sought to acquire all of RBPlat’s shares, holds 35.4% of RBPlat’s shares in issue.

 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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