BlackRock lifts stake in Northam to above 5%

29th May 2023 By: Tasneem Bulbulia - Senior Contributing Editor Online

JSE-listed Northam Platinum Holdings has received notification from London-based investment company BlackRock advising that it has acquired a beneficial interest in the securities of Northam, such that BlackRock now holds a beneficial interest of 5.04% in the company’s total issued share capital.

The company has filed the relevant notification with the Takeover Regulation Panel.

Northam is an independent, empowered, integrated platinum group metals producer.