Implats’ offer to acquire all the shares in Royal Bafokeng Platinum (RBPlat) offers a compelling strategic platform for realising future value

Mandatory offer

to RBPlat shareholders

Market update with Moneyweb - SAfm: Listen to Implats’ Johan Theron talk about the offer.

Implats’ acquisition of a majority stake in RBPlat offers compelling strategic, operational and financial benefits for all stakeholders

It secures a platform to create a significant Western Limb production base that enhances and entrenches the region’s position as the most significant source of global primary PGM production

This will better deliver tangible socio-economic benefits for the region and its communities, including employment security

It creates sustained benefits for the industries and stakeholders supported by mining activities in the greater-Rustenburg region

RBPlat shareholders will benefit immediately by receiving cash and from significant exposure to future benefits and synergies

An integrated PGM value chain

Exposure to a portfolio, comprising operating PGM assets, projects, and a toll refining business, well-positioned to capture the benefits of the full value chain through integrated processing facilities, including wholly owned smelters, and base and precious metal refineries