Implats grabs a further chunk of Royal Bafokeng Platinum

The purpose of this announcement is to advise RBPlat Shareholders that Implats has, since the Offer Circular acquired further RBPlat Shares.

ACQUISTION OF FURTHER SHARES

Implats has concluded agreements to acquire a further 1,003,495 RBPlat Shares constituting approximately 0.35% of the RBPlat Shares in issue. After the aforementioned trades are implemented, Implats will hold RBPlat Shares comprising an aggregate of approximately 35.66% of the RBPlat Shares in issue.

Implats confirms that these acquisitions have already been disclosed to the Takeover Regulation Panel (TRP) as required under Chapter 5 of the Companies Regulations, 2011 (Takeover Regulations).

Save as may be prohibited under the Companies Act or the Takeover Regulations, Implats may be acquiring further RBPlat Shares after the date of this announcement whilst the Offer remains open and, if required under the Companies Act or the Takeover Regulations, will make further disclosures and announcements in that regard.

The board of directors of Implats (to the extent that the information relates to Implats) accepts responsibility for the information contained in this announcement and, to the best of the Implats board’s knowledge and belief, that information is true and this announcement does not omit anything likely to affect the importance of the information included.

Leave a Reply

Your email address will not be published.