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PIC lifts its stake in Implats above 20%

11th October 2022

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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The Public Investment Corporation (PIC) has, on behalf of its clients, acquired a beneficial interest in the securities of JSE-listed Impala Platinum (Implats,) such that the total interest in the ordinary shares of the company held by PIC now amounts to 20.02%.

As required in terms of Section 122 of the Companies Act, Implats has filed the required notice with the Takeover Regulation Panel.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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