Sibanye-Stillwater has announced that JPMorgan Chase & Co. has acquired a significant stake in the company, reaching 5.66% of its total issued ordinary shares.
The disclosure was made in line with Section 122(3)(b) of South Africa’s Companies Act and relevant listing requirements of the Johannesburg Stock Exchange (JSE). The company confirmed that it had received formal notification from JPMorgan regarding the acquisition of beneficial interest in its securities.
Under regulatory obligations, Sibanye-Stillwater has submitted the required notice to the Takeover Regulation Panel, as mandated when there is a change in beneficial ownership of shares.
The company’s board of directors stated that it assumes full responsibility for the accuracy of the information disclosed, noting that the announcement is based on official documentation (TRP121.1 forms) received from JPMorgan. The board also affirmed that the statement contains no omissions that could affect its significance.
Sibanye-Stillwater is listed on both the JSE under the ticker SSW and the New York Stock Exchange (NYSE) under SBSW.
