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Implats buys more RBPlat shares

18th July 2023

By: Creamer Media Reporter

     

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Platinum group metals (PGMs) miner Impala Platinum (Implats) has acquired a further 245 000 shares in Royal Bafokeng Platinum (RBPlat).

This constitutes about 0.08% of RBPlat's shares in issue and raises Implats' shareholding in RBPlat to 56.52%.

The final condition precedent to Implats’ buyout offer to RBPlat shareholders was fulfilled on June 30 and RBPlat shareholders have until July 21 to accept the offer.

 

 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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