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Implats’ shareholding in RBPlat increases to 56.02%

9th June 2023

By: Marleny Arnoldi

Deputy Editor Online

     

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JSE-listed Impala Platinum (Implats) has acquired a further 0.30% of shares in Royal Bafokeng Platinum (RBPlat), taking its shareholding to 56.02%.

Implats has been steadily increasing its shareholding in RBPlat since it made an offer, in January 2022, to acquire all shares in RBPlat for R150 a share.

The company finally managed to garner a majority shareholding in RBPlat through purchasing Public Investment Corporation's stake of 9.2% earlier in June.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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