Implats increases stake in RBPlat to 29.38%

1st December 2021

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

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Impala Platinum (Implats) has concluded agreements to acquire a further 14-million, or about 4.86%, of Royal Bafokeng Platinum’s (RBPlat’s) shares in issue.

This follows an announcement on November 29 that it had acquired 70.8-million, or 24.52%, of RBPlat’s shares in issue.

Implats now owns about 29.38% of RBPlat shares in issue.

Implats again said on Tuesday that it may acquire further shares while the offer remains open.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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