HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

14-Nov-2018
(Official Notice)
Bondholders of the Implats Convertible Bond ("the Convertible Bond") are hereby advised that the Convertible Bond will commence trading ex-interest from the start of business on Wednesday, 28 November 2018 until the close of trade on Friday, 30 November 2018 with respect to the interest coupon period which commenced on Friday, 7 June 2018 (inclusive) that will end on Friday, 7 December 2018 (exclusive).



The interest amount to be paid on Friday, 7 December 2018 will be R318.75 for each ZAR10 000.00 of principal amount. The next interest coupon period will commence on Friday, 7 December 2018 (inclusive) and end on Friday, 7 June 2019 (exclusive).



The salient dates relating to this interest payment are as follows:

*Last day to trade in order to participate in this interest - Tuesday, 27 November 2018

*Ex interest date - Wednesday, 28 November 2018

*Record date - Friday, 30 November 2018

*Payment date - Friday, 7 December 2018
24-Oct-2018
(Official Notice)
Shareholders are advised that Implats? audited 2018 Group Annual Financial Statements and Company Annual Financial Statements for the year ended 30 June 2018 are available on the Company?s website at http://implats-reports.co.za/reports/pdf/2018/implats-afs-2018.pdf There is no change to the financial information published by the Company on the Stock Exchange News Service of the JSE on 13 September 2018. The Company?s external auditors, PricewaterhouseCoopers Inc, issued an unqualified audit opinion on the consolidated financial statements which is available for inspection at the Company's registered office.



Publication of B-BBEE annual compliance report

Notice is hereby given that the Company?s Annual Compliance Report required to be published in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003, as amended and paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Limited Listings Requirements is available on the Company?s website http://www.implats.co.za/pdf/sustainable-key- development-documents/impala-platinum-bee-scorecard-2018-2.pdf
22-Oct-2018
(Official Notice)
Shareholders are hereby advised that Deutsche Securities (SA) Proprietary Limited has resigned as the Company?s Sponsor with effect from 31 October 2018. Nedbank Corporate and Investment Banking, a division of Nedbank Limited, has been appointed as Sponsor to Implats with effect from 1 November 2018.

18-Oct-2018
(Official Notice)
Implats shareholders are advised that at the sixty-second annual general meeting (?Annual General Meeting?) held at the company?s registered office on Wednesday, 17 October 2018, in terms of the notice of Annual General Meeting distributed to shareholders on Monday 17 September 2018, all of the resolutions tabled were passed by the requisite majority of votes cast by shareholders.
17-Sep-2018
(Official Notice)
Shareholders are referred to the announcement containing the summarised consolidated annual results for the year ended 30 June 2018 published on the Stock Exchange News Service of the JSE Ltd. (?SENS?) on Thursday, 13 September 2018. Shareholders are advised that a notice to shareholders for the year ended 30 June 2018, including amongst others, the notice of the sixty- second annual general meeting, a form of proxy and the summarised consolidated annual results for the year ended 30 June 2018 has been distributed to shareholders and is available on the company?s website at www.implats.co.za



Notice of Annual General Meeting

Notice was given that the sixty-second Annual General Meeting of shareholders of the Company will be held at the Company?s head office in the Boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg at 11:00 on Wednesday, 17 October 2018 (?Annual General Meeting?).



Salient dates of the Annual General Meeting

The notice of the Annual General Meeting has been distributed to the Company?s shareholders who were recorded as such in the Company?s register of shareholders on Friday, 7 September 2018, being the distribution record date used to determine which shareholders are entitled to receive notice of Annual General Meeting.



The record date for shareholders to be registered in the register of the Company for purposes of being entitled to attend, participate in and vote at the Annual General Meeting is Friday, 12 October 2018 (?Voting Record Date?). Accordingly, the last date to trade in order to be registered in the Company?s register of shareholders on the Voting Record Date shall be Tuesday, 9 October 2018. Although Shareholders are entitled to lodge proxy forms prior to the commencement of voting on respective resolutions, forms of proxy should preferably be lodged by no later than 11:00 on Tuesday, 16 October 2018.
13-Sep-2018
(C)
20-Aug-2018
(Official Notice)
02-Aug-2018
(Official Notice)
25-Jul-2018
(Official Notice)
27-Jun-2018
(Official Notice)
Implats announced the appointment of Ms Meroonisha Kerber, Ms Dawn Earp and Mr Preston Speckmann to the Board of Directors of Implats (the ?Implats Board?) with effect from 1 August 2018.



Ms Kerber, BCom CA (SA), joins Implats as chief financial officer and an executive director of the Implats Board. She is an experienced finance executive having served as Senior Vice President, Finance at AngloGold Ashanti Ltd., prior to which she spent eleven years at Anglo American Platinum Ltd., serving as Head of Financial Accounting for the majority of that period.



Ms Earp, BCom, BAcc CA (SA), has been appointed to the Implats Board as an independent non-executive director and as chairman of the audit committee. Ms Earp has a long career in the mining industry and has previously served as chief financial officer at Implats and as finance director at Rand Refinery Ltd.. Ms Earp has also served on the board of Metmar Ltd., Teba Ltd., where she was chairman of the audit committee and currently serves on the board of Transit Freight Forwarding (Pty) Ltd.



Mr Speckmann, BCompt. CA (SA), has been appointed as an independent non-executive director of the Implats Board and as a member of the audit committee. Mr Speckmann has extensive experience in the financial services industry and served as Group Finance Director of MMI Holdings Ltd. for a period of 16 years. He retired from MMI at the end of June 2015. He currently serves on the boards of Santam Ltd. as well as various Santam Ltd. and Sanlam subsidiary companies as an independent non-executive director. He is a member of the audit and risk committees of these companies.



It is further announced that Ms Mpho Nkeli will, with effect from 1 August 2018, no longer serve as a member of the reconstituted audit committee.
06-Jun-2018
(Official Notice)
Implats has regularly kept the market informed of developments with regard to the Government of Zimbabwe?s (?Government?) intention to compulsorily acquire land measuring 27 948 hectares within its subsidiary Zimplats? special mining lease area.



Implats advised that Zimplats has agreed to release to the Government land measuring 23 903 hectares within Zimplats? mining lease area in support of the Government?s efforts to enable participation by other investors in the platinum mining industry in Zimbabwe. Following this release of ground, Zimplats now holds two separate and non-contiguous pieces of land measuring in aggregate 24 632 hectares. Consequently, the operating subsidiary applied for and was granted with effect from 31 May 2018, two separate mining leases over the two pieces of land measuring 6 605 hectares and 18 027 hectares, respectively. The smaller area hosts the historical Hartley mining area and Selous Metallurgical Complex, while the other hosts the Ngezi mining operations, including the future portal 10 mining area. These mining leases replace the special mining lease held by Zimplats, which was due for renewal in August 2019.



The two mining leases issued to Zimplats? operating subsidiary are valid for the life of mine of Zimplats? mining operations and secure the operating subsidiary?s mining tenure.
11-May-2018
(Official Notice)
Bondholders of the Implats Convertible Bond (?the Convertible Bond?) are hereby advised that the Convertible Bond will commence trading ex-interest from the Start of business on Wednesday, 30 May 2018 until the close of trade on Friday, 1 June 2018 with respect to the interest coupon period which commenced on Friday, 8 December 2017(inclusive) that will end on Thursday, 7 June 2018 (exclusive).



The interest amount to be paid on Thursday, 7 June 2018 will be ZAR318.75 for each ZAR10 000.00 of principal amount. The next interest coupon period will commence on Friday, 8 June 2018(inclusive) and end on Friday, 7 December 2018 (exclusive).



The salient dates relating to this interest payment are as follows:

* Last day to trade in order to participate in this interest : Tuesday, 29 May 2018

* Ex interest date : Wednesday, 30 May 2018

* Record date : Friday, 1 June 2018

* Payment date : Thursday, 7 June 2018
26-Apr-2018
(Official Notice)
23-Apr-2018
(Official Notice)
Further to the announcement released on the Stock Exchange News Service of the JSE Ltd. on 10 April 2018 regarding the changes to the board of directors of Implats (?Board?), shareholders are notified that Ms Babalwa Ngonyama, currently an independent non-executive director and member of the audit committee, has been appointed interim chairman of the audit committee. The Board has undertaken a process to appoint a permanent chairman of the audit committee. It is expected that the search process will be concluded before the end of the financial year, being 30 June 2018.



The Board announced that Ms Babalwa Ngonyama has been appointed as the Lead

Independent Director. This appointment will be effective when Ms Ngonyama ceases to be the interim

chairman of the audit committee.

10-Apr-2018
(Official Notice)
It is with deep sadness that the Implats board of directors (?board?) announces that Mr Hugh Colin Cameron, an Independent Non-Executive Director and Chair of the Audit Committee passed away on Friday, 6 April 2018 after a short illness. The board will make announcements regarding new appointments in due course.
01-Mar-2018
(C)
19-Feb-2018
(Official Notice)
Shareholders are advised that Implats? headline earnings per share (HEPS) for the half year ended 31 December 2017 is expected to be a loss of between 17 and 26 cents per share compared to the half year ended 31 December 2016 HEPS loss of 71 cents, representing an improvement of between 76% and 63% respectively.



Basic earnings per share (EPS) is expected to be a loss of between 19 and 28 cents per share compared to the year ended 31 December 2016 EPS loss of 52 cents, representing an improvement of between 63% and 46% respectively.



The major reason for the increase in HEPS from the comparative period is that the Group made a gross profit in the current period compared to a gross loss in the comparable six months ended 31 December 2016. A significant amount of metal was tied up in the pipeline at 31 December 2017 due to an unscheduled re-build of one of the furnaces. This negatively affected sales but was more than offset by a reduction in cost of sales.



The Group also made a profit before tax compared to a loss before tax in the comparable six months notwithstanding a negative impact from a fair value adjustment on Impala Refining Services? creditors due to an increase in metal prices at the end of the period.



Higher ?additional profits tax? payable by Zimplats increased the tax charge period on period, which resulted in the anticipated loss after tax for the six months ended 31 December 2017 being between 46% and 63% less than the loss incurred in the prior comparable period.



The financial information on which this trading statement is based has not been reviewed and reported on by the external auditors of Implats. The Group?s reviewed financial results for the period ended 31 December 2017 will be released on 1 March 2018.

30-Jan-2018
(Official Notice)
In accordance with the Terms and Conditions of the Implats Convertible Bond Listing Document dated 8 April 2013, bondholders are advised of the following full capital redemption effective on Wednesday, 21 February 2018, being the maturity date of the 2018 Convertible Bonds:



*Bond code: IMPCB

*ISIN: ZAE000175873

*Amount outstanding before capital redemption: R304 240 000

*Capital redemption amount: R304 240 000

*Amount outstanding after the capital redemption: Nil

*Accrued interest at R250.00 for each R10 000 (equating to R250 per note): R7 606 000

*Total redemption amount payable at R31 184.60 for each R10 000 (equating to R10 250 per note): R311 846 000

*Last day to trade: Tuesday, 13 February 2018

*Bonds suspended on JSE trading system: Wednesday, 14 February 2018

*Record date: Friday, 16 February 2018

*Payment date: Wednesday, 21 February 2018

*Listing of bonds terminated on JSE trading system: Thursday, 22 February 2018



06-Dec-2017
(Official Notice)
Further to the announcement released on SENS on 4 December 2017, Bondholders are advised that the payment date referred to in that announcement should be Thursday, 7 December 2017 and not Friday, 8 December 2017.



Accordingly, as a reminder, the Implats Convertible Bond commenced trading ex-interest from the close of trade on Monday, 04 December 2017 until the close of trade on Wednesday, 6 December 2017, with respect to the interest coupon period that commenced on Tuesday, 6 June 2017 (inclusive) and that will end on Thursday, 7 December 2017 (exclusive).



The interest amount to be paid on Thursday, 7 December 2017 will be ZAR321.37 for each ZAR10 000.00 of principal amount. The next interest coupon period will commence on Thursday, 7 December 2017 (inclusive) and end on 7 June 2018 (exclusive).



The salient dates relating to this interest payment are as follows:

* Last day to trade in order to participate in this interest : Friday, 01 December 2017

* Ex interest date : Monday, 4 December 2017

* Record date : Wednesday, 6 December 2017

* Payment date : Thursday, 7 December 2017
04-Dec-2017
(Official Notice)
Bondholders of the Implats Convertible Bond (?the Convertible Bond?) are hereby advised that the Convertible Bond will commence trading ex-interest from the close of trade on Monday, 04 December 2017 until the close of trade on Wednesday, 6 December 2017, with respect to the interest coupon period that commenced on Tuesday, 6 June 2017 (inclusive) that will end on Thursday, 7 December 2017 (exclusive).



The interest amount to be paid on Thursday, 7 December 2017 will be ZAR321.37 for each ZAR10 000.00 of principal amount. The next interest coupon period will commence on Friday, 8 December 2017 (inclusive) and end on 7 June 2018 (exclusive).



The salient dates relating to this interest payment are as follows:

*Last day to trade in order to participate in this interest - Friday, 01 December 2017

*Ex interest date - Monday, 4 December 2017

*Record date - Wednesday, 6 December 2017

*Payment date - Friday, 8 December 2017
27-Nov-2017
(Official Notice)
Implats announces the appointment of Ms Lee-Ann Samuel as an executive director to the board of directors of Implats (the ?Board?) with immediate effect.



21-Nov-2017
(Official Notice)
Shareholders are advised that Brenda Berlin has resigned as Group Chief Financial Officer and as Executive Director of Implats, with effect from 28 February 2018. Additionally, Mark Munroe has assumed the role of Head of Operations: Impala Rustenburg and Lee-Ann Samuel has been appointed Group Executive: People.



Following an extended career in in the mining sector, Ms Berlin, has made a decision to take-up a new corporate role that will afford her a new career opportunity more aligned to her current aspirations. She joined Implats in 2004 to head up the corporate finance activities for the Group, and later assumed the position of Group Executive: Strategy and Business Development. She was appointed Group Chief Financial Officer in 2011.



Mr Munroe will join Implats in January 2018 and will have responsibility for the optimisation of the Impala Rustenburg operations. In previous roles, Mr Munroe made significant contributions to the strategic and mining transformation, and the extension of life at various mining operations in southern Africa, as well as in other regions. His immediate priority at Impala Rustenburg is a return to cost competitiveness and consistency, leading to sustained profitability.



Ms Samuel joined in October 2017 and is providing strategic direction across the Group with regard to the human resource discipline, human resource policies and managing external trends and other impacts on the human resources function.

The Board will immediately implement a process to identify a suitable successor. In the meantime, and until her departure, Ms Berlin will continue to work on implementing various strategic initiatives and assist in ensuring a smooth transition for her successor.

06-Nov-2017
(Official Notice)
Further to the announcement on 16 October 2017, Implats announces that it has today closed the first phase of its investment in the Waterberg development project (?Waterberg?) by acquiring a 15% shareholding in Waterberg for USD30 million from Platinum Group Metals Ltd. and Japan Oil, Gas and Metals National Corporation. As set out in the previous announcement Implats also now has an option to acquire majority ownership of the project following completion of a definitive feasibility study, as well as a right of first refusal to smelt and refine Waterberg concentrate.



Located in Limpopo on the northern limb of the Bushveld complex, Waterberg represents a large scale platinum group metal (?PGM?) resource with an attractive risk profile, given its shallow nature and ability to support a fully mechanized operation with the potential for the project to have amongst the lowest operating costs in the PGM sector.
31-Oct-2017
(Official Notice)
20-Oct-2017
(Official Notice)
Implats shareholders are advised that at the sixty-first annual general meeting (?Annual General Meeting?) held at the Company?s registered office on Wednesday, 18 October 2017, in terms of the notice of Annual General Meeting distributed to shareholders between Thursday 14 September 2017 and Monday, 18 September 2017, all of the resolutions tabled were passed by the requisite majority of votes cast by shareholders.
17-Oct-2017
(Official Notice)
Notice is hereby given that the Company?s Annual Compliance Report required to be published in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003, as amended (the ?B-BBEE Act?) and paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Limited Listings Requirements is available on the Company?s website (www.implats.co.za).

16-Oct-2017
(Official Notice)
Implats announced that it has entered into definitive agreements with Platinum Group Metals Ltd. (?PTM?), Japan Oil, Gas and Metals National Corporation (?JOGMEC?) and Mnombo Wethu Consultants (Pty) Ltd. (?Mnombo?) to acquire a minority interest in the Waterberg development project (?Waterberg?), with an option to acquire majority ownership of the project following completion of a definitive feasibility study ("DFS").



Located in Limpopo on the northern limb of the Bushveld complex, Waterberg represents a large scale platinum group metal (?PGM?) resource with an attractive risk profile given its shallow nature. This facilitates fully mechanised production with the potential for the project to have amongst the lowest operating costs in the PGM sector.



Under the terms of the relevant agreements Implats, subject to various conditions precedent, will pay USD30 million in cash to acquire a 15% shareholding in the project from PTM and JOGMEC. Implats will then be closely involved with the DFS process, which is intended to examine alternative options to establish a preferred development path for the project.



Implats will have 90 business days following approval of the DFS to determine whether it wishes to exercise its option to acquire control of the project, and a further 90 business days to confirm acceptable financing arrangements. Subject to any necessary adjustments, Implats would obtain a 50.01% shareholding by purchasing an additional 12.195% equity interest from JOGMEC for USD34.8 million and by contributing USD130.0 million into Waterberg in return for an additional 22.815% equity interest. This capital will be contributed as required in order to fund the development of the project, which would be managed by Implats. The parties have also reached agreement to ensure there will be participation by appropriately broad-based empowerment groupings in the Waterberg project.



The transaction falls below the categorisation threshold in terms of the JSE Limited Listings Requirements.
18-Sep-2017
(Official Notice)
Implats has issued a notice to relevant employee representative groups, government authorities and other stakeholders at its Implats Rustenburg (Implats) operation, indicating that it has initiated a Section 189 consultation process, in terms of the Labour Relations Act, 66 of 1995 (LRA), that may lead to staff reductions.



The consultation process is specifically aimed at ensuring the sustainability of the Implats operations, which currently employ some 31 000 people.



The Company is currently experiencing severe financial pressures at Implats, largely as a result of persistently low metal (Rand) prices and continued production cost increases. Labour productivity rates have also declined over the last few years and production levels at Implats Rustenburg have reduced from a historical base of some 1 000 000 platinum ounces per annum, to the 680 000 to 720 000 ounces forecast for the 2018 financial year.



It is expected that some 2 500 people could be affected near term, but this does not preclude further optimisation processes that may be required in future to ensure the continued sustainability of the operation.
14-Sep-2017
(Official Notice)
Shareholders are referred to the announcement containing the summarised consolidated annual results for the year ended 30 June 2017 published on the Stock Exchange News Service of the JSE Ltd. (?SENS?) on Thursday, 14 September 2017. Shareholders are advised that the Implats Annual Integrated Report 30 June 2017 (?Implats IAR?), which incorporates the full annual financial statements for the year ended 30 June 2017 (?Annual Financial Statements?), is available on the Company?s website (www.implats.co.za). A notice to shareholders for the year ended 30 June 2017, including amongst others, the notice of the sixty-first annual general meeting, a form of proxy and the summarised consolidated annual results for the year ended 30 June 2017, will be distributed to the shareholders between Thursday, 14 September 2017 and Monday, 18 September 2017.



The annual financial statements which are a supplement to the Implats IAR contain no modification to the summarised consolidated annual results for the year ended 30 June 2017 released on SENS on Thursday, 14 September 2017.



Notice of AGM

Notice is hereby given that the sixty-first AGM of shareholders of the Company will be held at the Company?s head office in the Boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg at 11:00 on Wednesday, 18 October 2017 (?AGM?).



Salient dates of the AGM

The notice of the AGM will be distributed to the Company?s shareholders who were recorded as such in the Company?s register of shareholders on Friday, 8 September 2017, being the distribution record date used to determine which shareholders are entitled to receive notice of AGM.



The record date for shareholders to be registered in the register of the Company for purposes of being entitled to attend, participate in and vote at the AGM is Friday, 13 October 2017 (?Voting Record Date?). Accordingly, the last date to trade in order to be registered in the Company?s register of shareholders on the Voting Record Date shall be Tuesday, 10 October 2017. Although shareholders are entitled to lodge proxy forms prior to the commencement of voting on respective resolutions, forms of proxy should be lodged by no later than 11:00 on Tuesday, 17 October 2017.

14-Sep-2017
(C)
28-Aug-2017
(Official Notice)
Implats announces the resignation of Ms Albertinah Kekana as a non-executive director of the board of directors of Implats (?the board?) with immediate effect. The board expresses its appreciation to Ms Kekana for her contribution during her tenure. Mr Udo Lucht, who has been Ms Kekana?s alternate on the board, has been appointed as non- executive director of the board with immediate effect, representing Royal Bafokeng Holdings.
22-Aug-2017
(Official Notice)
Shareholders are advised that Implats? headline earnings per share (HEPS) for the year ended 30 June 2017 is expected to be a loss of between 125 and 150 cents per share compared to the year ended 30 June 2016 HEPS of 12 cents.



Basic earnings per share (EPS) is expected to be a loss of between 1 030 and 1 235 cents per share compared to the year ended 30 June 2016 EPS loss of 10 cents.



The difference between EPS and HEPS for the year ended 30 June 2017 is due to the impairment of a royalty prepayment at year end.



The major reason for the decline in HEPS from the comparative period is that the prior year gross profit declined to a gross loss in the current year. In addition, the income tax credit was significantly negatively affected by both an increase in additional profits tax for Zimplats in the current year and a non-recurring tax credit on a bad debt in the prior year.



The Group?s reviewed financial results for the period ended 30 June 2017 will be released on 14 September 2017.
28-Jul-2017
(Official Notice)
Further to the announcement released on the Stock Exchange News Service this morning, shareholders and bondholders are advised of the following salient dates in respect of the listing of the 2022 Impala Convertible Bonds:

* Last day to trade UIMPU (ZAU000015349) - Friday, 28 July 2017

* Ex date Monday, 31 July 2017

* Listing IMCB22 (ZAE000247458) Monday, 31 July 2017

* Record date - Wednesday, 2 August 2017

* Settlement/issue date - Thursday, 3 August 2017



28-Jul-2017
(Official Notice)
Bondholders and shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE on Friday, 26 May 2017 relating to the final terms of the 2022 Convertible Bond Offerings.



As set out in that announcement, the 2022 Convertible Bonds remained subject to approval by shareholders of Implats to convert the 2022 Convertible Bonds into ordinary shares of Implats in accordance with, and subject to, the terms and conditions of the 2022 Convertible Bonds. Implats shareholders approved the conversion at a general meeting of shareholders held on Monday, 24 July 2017.



Accordingly, an application for admission to trading of the ZAR Bonds on the Main Board was made to the JSE. This application was formally approved by the JSE on Thursday, 27 July 2017. The document setting out the full details of the ZAR Bonds ("Listing Document") is available for inspection on the Implats website (www.implats.co.za) and at the registered office of Implats, being 2 Fricker Road, Illovo, Gauteng, South Africa.



The last day to trade the ZAR Bonds in their unlisted form (under Bond Code: UIMPU, ISIN: ZAU000015349) will be Friday, 28 July 2017. The first date to trade the ZAR Bonds on the JSE`s equity trading platform (under Stock Code: IMCB22, ISIN: ZAE000247458) will be Monday, 31 July 2017.



To the extent that, as contemplated in the Listing Document, Implats creates and issues further notes, bonds or debentures having the same terms and conditions in all respects as the outstanding notes, bonds or debentures of any series (including the 2022 Convertible Bonds), any such issuance and associated documentation will be executed in compliance with the JSE Debt Listings Requirements (if the relevant bonds are listed) and no further issues will be made under the Listing Document.
26-Jul-2017
(Official Notice)
Bondholders of the Implats Convertible Bond (?the Convertible Bond?) were advised that the Convertible Bond will commence trading ex-interest from the close of trade on Wednesday, 16 August 2017 until the close of trade on Friday, 18 August 2017, with respect to the interest coupon period that commenced on 21 February 2017 (inclusive) that will end on 21 August 2017 (exclusive). The interest amount to be paid on 21 August 2017 will be ZAR250.00 for each ZAR10 000.00 of principal amount. The next interest coupon period will commence on 21 August 2017 (inclusive) and end on 21 February 2018 (exclusive).



The salient dates relating to this interest payment are as follows:

* Last day to trade in order to participate in this interest : Tuesday, 15 August 2017

* Ex interest date : Wednesday, 16 August 2017

* Record date : Friday, 18 August 2017

* Payment date : Monday, 21 August 2017
25-Jul-2017
(Official Notice)
Shareholders of Implats are referred to the general meeting held at the Company?s registered office on Monday, 24 July 2017 (?General Meeting?) and to the circular to shareholders dated 22 June 2017 relating to the proposed approval of the following resolutions:

*the conversion of the Company?s entire authorised and issued share capital from par value shares to no par value shares (the ?Conversion of share capital?);

*an increase in the Company?s authorised share capital from 844 008 000 Ordinary Shares to 944 008 000 Ordinary Shares (the ?Increase of authorised share capital?);

*things (i) grant the Implats directors a specific authority and approval for the directors of the Company to allot and issue authorised but unissued share capital of the Company for cash, to the bondholders on the exercise of the conversion rights, (ii) increase the number of authorised Ordinary Shares (pursuant to a conversion from par value Ordinary Shares to no par value Ordinary Shares) in order to ensure that there is a sufficient number of Ordinary Shares for the issue to the bondholders on the exercise of conversion rights, (iii) to update the MOI so as to comply with the current JSE Limited (?JSE?) Listings Requirements in relation to fractions of securities(the ?Amendment of MOI?); and

* the granting and approval of a specific authority for Implats directors to allot and issue up to a maximum of 175 million Ordinary Shares for the purpose of the conversion of the 2022 Convertible Bonds (the ?Approval of conversion issue?).



Results of General Meeting

As at Friday, 14 July 2017, being the Shareholders? Meeting Record Date, Implats had 734 778 378 ordinary shares in issue. The total number of shares voted in person or by proxy at the General Meeting was 611 670 142 representing 83.25 % of Implats issued share capital and 85.12 % of the votable shares as at the Shareholders? Meeting Record Date.



JSE Listings

Upon lodgement and, where necessary, registration of the special resolutions with the Companies and Intellectual Property Commission, Implats will make application to the JSE to reflect:

*the authorised Ordinary Share Capital as 944 008 000 shares of no par value;

*the issued Ordinary Share Capital as 734 778 378 shares of no par value;

*the continued listing of ZAR 243 million 2018 Convertible Bonds due February 2018; and

*the listing of ZAR3,250 million 2022 Convertible Bonds due May 2022.

19-Jul-2017
(Official Notice)
Implats shareholders are referred to the announcement released on SENS on Tuesday, 18 July 2017 and are advised that the last day to trade to be eligible to vote at the General Meeting was Tuesday, 11 July 2017 and the shareholders? meeting record date was Friday, 14 July 2017.
18-Jul-2017
(Official Notice)
Implats shareholders are referred to the announcement released on SENS on 22 June 2017 in relation to the distribution of a circular to Implats? shareholders (dated 22 June 2017), including a notice (the ?Notice?) of general meeting (the ?General Meeting?) and amongst others a resolution to grant the board of directors of Implats a specific authority to issue Implats? ordinary shares in the future (Ordinary Resolution ? Approval of Conversion Issue per the Notice, the ?Resolution?), if required, in accordance with the terms of the recently issued USD and ZAR convertible bonds maturing in 2022 (collectively the ?2022 Convertible Bonds?).



Following further discussions with the JSE, it has been agreed that because the Implats? ordinary shares nominally held by Allan Gray are beneficially held by the clients of Allan Gray and not Allan Gray itself, Allan Gray will not be treated as a ?material shareholder? of Implats and therefore will not be regarded a ?related party? in terms of the JSE Listings Requirements. Allan Gray was the only potential related party in relation to Implats. Allan Gray clients or entities that are the beneficial owners of the Implats? ordinary shares will be entitled to vote on the Resolution, whether in person or by proxy, subject to the restriction below.



Voting at the General Meeting

Voting at a General Meeting in relation to resolutions regarding a specific issue of shares for cash are governed by the JSE Listings Requirements. Shareholders are advised that any votes cast on the Resolution by any specific beneficial holder of Implats ordinary shares that is also a holder of the 2022 Convertible Bonds during the period commencing on the last day to trade to be eligible to vote at the General Meeting, being Friday, 17 July 2017, up to and including the date of the General Meeting, being Monday, 24 July 2017 (?Relevant Period?), cannot be counted. Accordingly, any shareholder entitled to vote at the General Meeting should be satisfied that they were not also a holder of the 2022 Convertible Bonds during the Relevant Period before either casting their vote at the General Meeting or, if voting by proxy, submitting their proxy form ahead of the deadline for submission at 11:00 South Africa time on Friday, 21 July 2017.
07-Jul-2017
(Official Notice)
Implats announced the resignation of Dr Nkosana Moyo as an independent non-executive director of the board of directors of Implats (?the Board?). Dr Moyo has stepped down from the Board with immediate effect in order to pursue his political interests.
22-Jun-2017
(Official Notice)
01-Jun-2017
(Official Notice)
26-May-2017
(Official Notice)
25-May-2017
(Official Notice)
26-Apr-2017
(Official Notice)
23-Feb-2017
(C)
13-Feb-2017
(Official Notice)
Shareholders are advised that Implats? headline earnings per share (HEPS) for the half year ended 31 December 2016 is expected to be a loss of between 65 and 79 cents per share compared to the half year ended 31 December 2015 HEPS profit of 53 cents.



Basic earnings per share (EPS) is expected to be a loss of between 48 and 58 cents per share compared to half year ended 31 December 2015 EPS profit of 31 cents.



The difference between EPS and HEPS for the six months to 31 December 2016 is primarily due to the insurance compensation received from the 14 Shaft fire incident in January 2016.



The major reason for the decline in HEPS from the comparative period is that the prior period included a tax credit due to a write-off of an amount owed by a debtor. HEPS from continuing operations for the current year will be further negatively affected by 10 - 15 cents a share when the Group?s share of profit after tax from Impala Chrome (Pty) Ltd. is eliminated as ?discontinued operations profit? due to the Group?s stake in this entity being up for sale.



The financial information on which this trading statement is based has not been reviewed and reported on by the external auditors of Implats. The Group?s reviewed interim financial results for the period ended 31 December 2016 will be released on 23 February 2017.



10-Feb-2017
(Official Notice)
Bondholders of the Implats Convertible Bond (?the Convertible Bond?) are hereby advised that the Convertible Bond will commence trading ex-interest from the close of trade on Tuesday, 14 February 2017 until the close of trade on Friday, 17 February 2016, with respect to the interest coupon period that commenced on 22 August 2016(inclusive) that will end on 21 February 2017 (exclusive). The interest amount to be paid on Tuesday, 21 February 2017 will be ZAR250.00 for each ZAR10,000.00 of principal amount. The next interest coupon period will commence on 21 February 2017 (inclusive) and end on 21 August 2017 (exclusive).



The salient dates relating to this interest payment are as follows:

*Last day to trade in order to participate in this interest Tuesday, 14 February 2017

*Ex interest date Wednesday, 15 February 2017 *

*Record date Friday, 17 February 2017

*Payment date Tuesday, 21 February 2017
01-Feb-2017
(Media Comment)
According to Business Report, Impala's Zimbabwe subsidiary Zimplats has proceeded with its growth drive in the country. Zimplats said it is set to revive its Bimha mine which should be in full production by December next year. Bimha mine is the company's largest operation in the country accounting for nearly half its production.
12-Dec-2016
(Official Notice)
Noteholders are advised that the Company has published its Annual Financial Statements for the year ended 30 June 2016 (?the AFS?) on the Company?s website. The AFS are available for viewing and downloading on the Company?s website at the following link: www.implats.co.za/implats/Investor-media.asp
07-Dec-2016
(Official Notice)
Implats announced the appointment of Mr Nicolaas (Nico) Johannes Muller as chief executive officer and an executive director of Implats with effect from 3 April 2017.
31-Oct-2016
(Official Notice)
Implats announced the appointment of Mr Udo Lucht as an alternate director to Ms Albertinah Kekana with effect from Friday, 28 October 2016.
31-Oct-2016
(Official Notice)
Subsidiary operating companies of Implats, Impala Platinum Limited?s Rustenburg operations and Marula Platinum Limited, have signed a three year wage settlement with the Association of Mineworkers and Construction Union (AMCU). This deal is effective 1 July 2016.



The settlement agreement allows for employees over the next three years to receive:

? A monthly basic salary increase of R1000 for A - B-level and 7% for C-level employees within the bargaining unit;

? Living out and home ownership allowances increase by R150 per month for each year of the three year agreement in Rustenburg and by R150 per month in year two and three for Marula;

? An increase in Implats? medical aid contributions to employees of 6% in year 1 and 7% in the following 2 years of the wage agreement.



With this agreement in place, Implats? operating entities at Rustenburg and Marula can focus on ensuring safe and sustainable operations.
28-Oct-2016
(Official Notice)
26-Oct-2016
(Official Notice)
Implats shareholders are advised that at the sixtieth annual general meeting (?Annual General Meeting?) held at the Company?s registered office on Wednesday, 26 October 2016, in terms of the notice of Annual General Meeting distributed to shareholders on Tuesday, 27 September 2016, all of the resolutions tabled were passed by the requisite majority of votes cast by shareholders.



As at Friday, 21 October 2016, being the Voting Record Date, Implats had 734 778 378 ordinary shares in issue. The total number of shares voted in person or by proxy at the Annual General Meeting was 594,828,709 representing 80.95% of Implats issued share capital and 82.78% of the votable shares as at the Voting Record Date.



27-Sep-2016
(Official Notice)
Shareholders are referred to the announcement containing the summarised consolidated annual results for the year ended 30 June 2016 published on the Stock Exchange News Service of the JSE Ltd. on 1 September 2016. Notice is hereby given that the sixtieth annual general meeting of shareholders of the company will be held at the company?s head office in the boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg at 11:00 on Wednesday, 26 October 2016. The notice of the annual general meeting has been distributed to shareholders of the company on Tuesday, 27 September 2016 and is available on the company?s website (www.implats.co.za).



Salient dates

The notice of the annual general meeting has been distributed to the company?s shareholders who were recorded as such in the company?s register of shareholders on Friday, 16 September 2016, being the notice record date used to determine which shareholders are entitled to receive notice of the company?s annual general meeting.



The record date for shareholders to be registered in the register of the company for purposes of being entitled to attend, participate in and vote at the annual general meeting is Friday, 21 October 2016 (?Voting Record Date?). Accordingly, the last date to trade in order to be registered in the company?s register of shareholders on the Voting Record Date shall be Tuesday, 18 October 2016. Forms of proxy must be lodged by no later than 11:00 on Tuesday, 25 October 2016.





01-Sep-2016
(C)
Revenue for the year increased to R35.9 billion (2015: R32.5 billion). Gross profit dropped to R4 million (2015: R1.6 billion), loss from operations narrowed to R370 million (2015: loss of R4 billion), while loss attributable to owners of the company lowered to R70 million (2015: loss of R3.7 billion). Furthermore, headline earnings per share weakened to 12 cents per share (2015: 36 cents per share).



Dividend

No dividend was declared.



Prospects

Implats remains resolute in achieving zero harm goals to ensure the safety and well-being of every employee and will continue to work closely with all stakeholders including employees, organised labour and the Department of Mineral Resources (DMR) in pursuit of achieving safe production across all operations.



In the short term, PGM prices are expected to remain subdued. Implats will continue its cash preservation initiatives as well as the drive to enhance productivity and profitability. The Group continues to invest in its operations and will mechanise and optimise through the downturn to ensure it is well positioned for the future. All operations are performing extremely well and efforts are apace to restore Impala Rustenburg to its full potential.



Given the impact of the 14 Shaft fire, the production estimate for Impala is between 700 000 and 710 000 platinum ounces for 2017, after which the previous guidance of building up to 830 000 platinum ounces by 2020 remains. Production guidance for the other operations remains unchanged for the coming year - Zimplats 260 000 platinum ounces in matte and Marula, Two Rivers and Mimosa 90 000, 175 000 and 115 000 platinum ounces in concentrate, respectively.



Unit costs are expected to be approximately R21 300 per platinum ounces and capital should be contained to R4.4 billion in 2017.
22-Aug-2016
(Official Notice)
Shareholders are advised that Implats? headline earnings per share (?HEPS?) for the year ended 30 June 2016 is expected to be between 9 and 16 cents which is between 56% and 75% lower than that of the year ended June 2015 (HEPS:36 cents). The main reason for the decrease in HEPS for the year to June 2016, is lower rand metal prices which were offset to some extent by increased volumes and stringent cost control.



The basic loss per share is expected to be between 7 and 12 cents (June 2015: loss of 603 cents). The difference between HEPS and basic loss per share for the year to June 2016 is primarily due to the impairment of 12 mechanised shaft, which was closed in December 2015.
19-Jul-2016
(Official Notice)
Impala Platinum Holdings Ltd (Implats) is pleased to announce that it has extended the quantum and tenure of its existing debt facilities from certain of its local relationship banking institutions in order to further strengthen its balance sheet. Implats has amended R3.25 billion of its existing debt facilities, which were previously available until December 2017, to a revised quantum of R4.0 billion available until 2021. All other debt facilities remain in place. Production guidance for the Implats group remains unchanged and it is expected that the group will be well positioned in terms of cash generation. The enhanced liquidity provides comfort that Implats is able to address upcoming debt maturities as well as the ongoing needs of the business.

19-Jul-2016
(Official Notice)
Bondholders of the Implats Convertible Bond (?the Convertible Bond?) are hereby advised that the Convertible Bond will commence trading ex-interest from the close of trade on Tuesday, 16 August 2016 until the close of trade on Friday, 19 August 2016, with respect to the interest coupon period that commenced on 21 February 2016(inclusive) that will end on 21 August 2016 (exclusive).



The interest amount to be paid on 22 August 2016 will be ZAR250.00 for each ZAR10 000.00 of principal amount. The next interest coupon period will commence on 21 August 2016 (inclusive) and end on 21 February 2017 (exclusive).



The salient dates relating to this interest payment are as follows:

* Last day to trade in order to participate in this interest : Tuesday, 16 August 2016

* Ex interest date : Wednesday, 17 August 2016

* Record date : Friday, 19 August 2016

* Payment date : Monday, 22 August 2016
19-May-2016
(Official Notice)
Following the fall of ground incident that occurred at Impala Rustenburg?s 1 Shaft on 17 May 2016, it is with sincere and deep regret that the Board of Directors and management team announce the discovery of the body of one of the missing employees. The body was found in an area with extremely unstable ground conditions and has not yet been recovered. The search and rescue teams are continuing with their relentless efforts to find the second miner.



The families of the two miners have been informed of the latest developments and continue to receive support from the mine, the Department of Mineral Resources (DMR) and Association of Mineworkers and Construction Union (AMCU). The families have requested that we withhold the names of both miners at this time.



Further announcements will be made as soon as additional information becomes available.



19-May-2016
(Official Notice)
Implats announces the resignation of Ms Almorie Maule as a non-executive director of the board of directors of Implats (?the Board?) with immediate effect.



18-May-2016
(Official Notice)
Implats announced to shareholders that after six years on the Implats board of directors (the ?board?), of which the initial two were as a non-executive director, Mr Terence Goodlace has advised the board that he will step down as Chief Executive and executive director of the company on 1 December 2016.



The board is reviewing its leadership succession plans as well as embarking on a structured search process to fill the vacancy.
17-May-2016
(Official Notice)
Implats confirms that a fall of ground incident occurred at Impala Rustenburg?s 1 Shaft during the morning shift of 17 May 2016. Regrettably two employees have been reported missing. All other employees have been safely evacuated from the working area and a search and rescue operation by mine rescue teams is underway to locate the two missing miners. The full extent and cause of the rock fall has not yet been established as the priority and focus remains the search and rescue operation. Further announcements will be made as soon as additional information becomes available.

04-May-2016
(Official Notice)
Implats reported on a court order issued by the United States District Court for the Eastern District of Pennsylvania on 26 April 2016, wherein the Court confirmed the award issued by the London Court of International Arbitration (?LCIA?) and ordered A1 Specialised Services and Supplies Ltd. (?A1?) to pay to Implats a total amount of USD201 million.



The court order follows a dispute between Implats and A1 in which Implats asserted that A1 defaulted on amounts due to Implats. The parties agreed to have the matter heard by the LCIA which duly heard the matter and issued a final award on 9 December 2015 in Implats? favour for the full amount claimed by Implats being USD201 million. Implats will pursue all legal avenues available to it to collect the amount due.
26-Apr-2016
(Official Notice)
01-Apr-2016
(Media Comment)
According to Business Day Impala Platinum, which plans to take its entire refinery off the national electricity grid by installing hydrogen fuel cells, unveiled an innovative technology that could thrust SA to the forefront of global hydrogen fuel cell developments. Implats and its strategic partners, including the University of the Western Cape and Hydrogen SA (HySA) systems, have deployed the first refuelling station using the unique and locally developed system called a metal hydride compressor. This employs a combination of metals to store compressed hydrogen at low pressure, and is used in both the refuelling station and on board the vehicle.
25-Feb-2016
(C)
15-Feb-2016
(Official Notice)
Shareholders are advised that Implats' headline earnings per share (HEPS) for the half year ended 31 December 2015 is expected to be between 50 and 59 cents which is between 20% and 10% lower than that of the half year ended 31 December 2014 (HEPS of 66 cents). Basic earnings per share (EPS) are expected to be between 29 and 35 cents which is between 30% and 15% lower than the previous comparable period, being the half year ended 31 December 2014 (EPS of 41 cents).



The difference between EPS and HEPS for the six months to December 2015 is primarily due to the impairment of the 12 Shaft mechanised section, which, as announced in September 2015, was closed in December 2015. The decline in HEPS is primarily due to the lower rand metal prices, which were 15% lower than the previous comparable period ended 31 December 2014. The Group's reviewed interim financial results for the period ended 31 December 2015 will be released on 25 February 2016.
27-Jan-2016
(Official Notice)
Bondholders of the Implats Convertible Bond (the Convertible Bond) are hereby advised that the Convertible Bond will commence trading ex-interest from the close of trade on Friday, 12 February 2016 until the close of trade on Friday, 19 February 2016, with respect to the interest coupon period that commenced on 21 August 2015(inclusive) that will end on 21 February 2016 (exclusive).



The interest amount to be paid on 22 February 2016 will be ZAR250.00 for each ZAR10,000.00 of principal amount. The next interest coupon period will commence on 22 February 2016 (inclusive) and end on 21 August 2016 (exclusive).



The salient dates relating to this interest payment are as follows:

*Last day to trade in order to participate in this interest Friday, 12 February 2016

*Ex interest date Monday, 15 February 2016

*Record date Friday, 19 February 2016

*Payment date Monday, 22 February 2016

25-Jan-2016
(Official Notice)
Implats regrets to announce that four employees have lost their lives following a fire, which occurred underground at Impala Rustenburg?s 14 Shaft on 22 January 2016. The fire was detected during the night shift of Friday, 22 January 2016, employees were immediately stopped from proceeding underground and the teams working underground were evacuated from the various areas of the shaft. However, four employees were reported missing and an immediate search and rescue operation was initiated. Sadly, the bodies of the four missing employees were discovered by one of the search and rescue teams during the late afternoon of Saturday, 23 January 2016. The four employees were overcome by fumes while they were trying to find their way to safety.



Mine management is continuing its engagement with the families of the deceased and providing the support and assistance required at this very difficult time. The Minister of Mineral Resources, the Honourable Mr Mosebenzi Joseph Zwane, was in attendance at the mine during the afternoon of Sunday, 24 January 2016 to obtain a full report from mine management.



The detailed investigation is continuing to assess the cause of the fire and the damage that has resulted. The fire has reportedly now been extinguished and the six rescue and assessment teams, which are working in the lower reaches of the mine where the fire started, are clearing residual smoke in certain areas. The telemetry systems on the shaft is showing that gas readings have reduced appreciably as measured at the two primary surface ventilation fans. The system shows that the upper section of the mine is clear, but power has not as yet been restored to the bottom section of the shaft area. It is too early to assess the effect on production at this stage.
05-Jan-2016
(Official Notice)
Note-holders are advised that Impala Platinum Holdings has published its 2015 Annual Financial Statements for the year ended 30 June 2015 (?the AFS?) on the company?s website.



The AFS are available on the company?s website at the following link http://www.implats.co.za/implats/Investor- media.asp
06-Nov-2015
(Official Notice)
Implats notifies shareholders that the company did not issue a statement or an announcement regarding company earnings contrary to the headline by Bloomberg on Friday, 6 November 2015 at 15:00 which read Impala Platinum sees lower EPS. We have established that this was an editorial error on the part of Bloomberg and that they have since removed the headlines.
06-Nov-2015
(Official Notice)
Implats announced the resignation of Mr Brett Nagle as a non-executive director of the board of directors of Implats with immediate effect.
30-Oct-2015
(Official Notice)
21-Oct-2015
(Official Notice)
Implats confirmed the resignation of Dr Khotso Mokhele as an independent non-executive director of the board of directors of Implats (?the board?). On 10 June 2015, the board announced on the Stock Exchange News Service of the JSE Ltd. that Dr Mokhele would step down both as chairman and independent non-executive director at the conclusion of the annual general meeting held today 21 October 2015 whereupon, Dr Mandla Gantsho would take over the chairmanship.
21-Oct-2015
(Official Notice)
Implats (?Shareholders?) are advised that at the fifty-ninth annual general meeting of shareholders (?Annual General Meeting?) held at the company?s registered office on Wednesday, 21 October 2015, in terms of the notice of Annual General Meeting distributed to shareholders on Monday, 22 September 2015, all of the resolutions tabled were passed by the requisite majority of votes cast by shareholders.
07-Oct-2015
(Official Notice)
Implats announced the successful completion of the placing of Implats ordinary shares announced yesterday, 6 October 2015 (the "Placing").



A total of 102 564 102 new Implats ordinary shares (the "Placing Shares") have been placed to a broad range of institutional investors at a price of ZAR39.00 per Placing Share, raising gross proceeds of approximately ZAR4.0 billion. The Placing Shares being issued represent approximately 16.2 per cent of the issued ordinary share capital of the company prior to the Placing. The remaining Implats ordinary shares not utilised in the Placing will be returned to the authorised but unissued shares of the company.



The issue price represents a discount of 7.1% to the closing share price on 6 October 2015 and a discount of 12.7% to the 30 day volume weighted average closing price of Implats shares ended on 6 October 2015.



Subject to approval by the JSE Ltd. (?JSE?), listing and trading of the Placing Shares is expected to commence on or about Wednesday, 14 October2015.



The Placing Shares, when issued, will be fully paid and will rank pari passu in all respects with the existing ordinary shares of 2.5 cents each in the share capital of the company including the right to receive all dividends and other distributions declared, made or paid after the date of issue of the Placing Shares.
06-Oct-2015
(Official Notice)
06-Oct-2015
(Official Notice)
Implats shareholders are referred to the announcement released on the Stock Exchange News Service on 3 September 2015 and to the circular issued to Implats shareholders on 4 September 2015, relating to the proposed equity capital raising of up to R4 billion via an accelerated bookbuild process to qualifying investors (the "Specific Issue of Shares for Cash"). At the general meeting of Implats shareholders held on 6 October 2015, all the special and ordinary resolutions proposed in relation to the Specific Issue of Shares for Cash, were passed by the requisite majority of votes.
30-Sep-2015
(Official Notice)
Shareholders are referred to the announcement containing the summarised consolidated annual results for the year ended 30 June 2015 and details of the annual general meeting published on the Stock Exchange News Service of the JSE Ltd. on 3 September 2015. Notice is hereby given that the fifty-ninth Annual General Meeting of shareholders of the Company will be held at the Company?s head office in the Boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg at 11:00 on Wednesday, 21 October 2015. The notice of the Annual General Meeting has been distributed to shareholders of the Company on Tuesday, 22 September 2015 and is available on the Company?s website (www.implats.co.za).



Salient dates

The notice of the Annual General Meeting has been distributed to the Company?s shareholders who were recorded as such in the Company?s register of shareholders on Friday, 11 September 2015, being the notice record date used to determine which shareholders are entitled to receive notice of the Company?s Annual General Meeting.



The record date for shareholders to be registered in the register of the Company for purposes of being entitled to participate in and vote at the Annual General Meeting is Friday, 16 October 2015 (?Voting Record Date?). Accordingly, the last date to trade in order to be registered in the Company?s register of shareholders on the Voting Record Date shall be Friday, 9 October 2015. Forms of proxy must be lodged by no later than 11:00 on Tuesday, 20 October 2015.
03-Sep-2015
(Official Notice)
03-Sep-2015
(Official Notice)
03-Sep-2015
(C)
Revenue for the year increased to R32.477 billion (2014: R29.028 billion). Gross profit lowered to R1.628 billion (2014: R3.242 billion), loss attributable to owners of the Company widened to R3.663 billion (2014: profit of R8 million), while headline earnings per share decreased to 36cps (2014: 86cps).



Dividend

No dividend declared for the year.
31-Aug-2015
(Official Notice)
Implats announces the resignation of Ms Thandi Orleyn as an independent non-executive director of the board of directors of Implats (?the Board?) with immediate effect.
24-Aug-2015
(Official Notice)
Shareholders are advised that Implats? headline earnings per share (HEPS) for the year ended 30 June 2015 are expected to be between 33 cents and 47 cents which is between 45% and 62% lower than that of the year ended 30 June 2014 (HEPS of 86 cents).



The decrease in HEPS is primarily due to two main factors. Firstly, the ramp-up of the Rustenburg operations, at full cost, following the five-month strike which ended in June 2014. Production in the prior financial year was impacted by the strike, and the earnings impact was mitigated through cost curtailment measures. Secondly, the partial collapse at Zimplats? Bimha mine which impacted production and productivity levels.



After the scrapping of property, plant and equipment as a result of the partial collapse of the Bimha operation at Zimplats and the impairment of exploration, evaluation and mining assets elsewhere in the Group, the basic loss per share is expected to be between 598 cents and 607 cents which is considerably lower than the previous comparable period (basic earnings of 41 cents per share).



The Group?s audited financial results for the year ended 30 June 2015 will be released on 3 September 2015.
30-Jul-2015
(Official Notice)
Bondholders of the Implats Convertible Bond (?the Convertible Bond?) are hereby advised that the Convertible Bond will commence trading ex-interest from the close of trade on Thursday, 6 until the close of trade on Friday, 14 August 2015, with respect to the interest coupon period that commenced on 21 February 2015 (inclusive) and that will end on 21 August 2015 (exclusive).



The interest amount to be paid on Friday, 21 August 2015 will be R250.00 for each R10 000.00 of principal amount. The next interest coupon period will commence on 21 August 2015 (inclusive) and end on 21 February 2016 (exclusive).



The salient dates relating to this interest payment are as follows:

*Last day to trade in order to participate in this interest: Thursday, 6 August

*Ex interest date: Friday, 7 August

*Record date: Friday, 14 August

*Payment date: Friday, 21 August
10-Jun-2015
(Official Notice)
The Board of Directors of Implats announced the appointment of Dr Mandla Gantsho as its independent non-executive chairman. The appointment will take effect on 21 October 2015 at the conclusion of the Company?s annual general meeting (AGM).



Dr Khotso Mokhele will step down as a director and chairman of Implats at the AGM. Dr Mokhele was appointed to the Board in June 2004 as a non-executive director and was appointed chairman in 2009. The Board extends its appreciation to Dr Mokhele for his significant contribution to the Company.
27-May-2015
(Official Notice)
Implats? strategic process announced in February 2015 outlined an option to seek value through a possible disposal of its Marula operation, which is situated on the Eastern Limb of the Bushveld complex near Burgersfort, South Africa. Following a thorough assessment over the last quarter, the Board of Directors of Implats (?the Board?) has resolved that enhanced shareholder returns will best be obtained by focusing on strategic interventions that will optimise performance at this operation, including a reduction in operating costs and growing output to 90 000 platinum ounces per annum. Consequently, the Board has ended the formal disposal process.
14-May-2015
(Official Notice)
30-Apr-2015
(Official Notice)
Implats announce the appointment of Ms Mpho Nkeli as independent non-executive director to the Board of Directors with immediate effect.
05-Mar-2015
(Official Notice)
In terms of paragraph 3.59 of the Listings Requirements of the JSE Ltd., Implats is pleased to announce the appointments of Dr Sydney Mufamadi, Mr Bernard Swanepoel and Dr Nkosana Moyo as independent non-executive directors to the Board of Directors with immediate effect.



Dr Mufamadi, PhD and MSc, is the Director of the School of Leadership at the University of Johannesburg and he serves on the subsidiary boards of Barclays Bank Africa Group in Mozambique and Tanzania. He has built his reputation in various leadership positions including being a previous Minister for Safety and Security and Minister for Provincial and Local Government in the Government of the Republic of South Africa, and is known for his mediation and conflict resolution skills as well as his expertise in bilateral and multilateral diplomacy.



Mr Swanepoel, BSc (Mining Engineering) and BCom (Hons), brings with him extensive deep-level mining and commercial experience. He is currently a Partner at To-The-Point Growth Specialists, is the non-executive chairman of Village Main Reef and serves as non-executive director on the boards of Sanlam Ltd. and African Rainbow Minerals Ltd. Previous roles include Chief Executive Officer of Village Main Reef Ltd. and Harmony Gold Mining Company Ltd.



Dr Moyo, MBA, PhD and BSc (Hons) (Physics), is the Founder and Executive Chairman of the Mandela Institute for Development Studies. As a Zimbabwean national, he has served on the boards of a number of companies in the cement, sugar, finance, tourism, mining, airline and food sectors. Previously he served as the Vice President and Chief Operating Officer of the African Development Bank in Tunisia, while he has also held the positions of Managing Partner for Actis (a global private equity firm) in Africa, as well as a Senior Advisor and Associate for the International Finance Corporation.
26-Feb-2015
(Official Notice)
Implats released their strategic review.



Strategic review

* Implats will continue to drive the Respect, Care and Zero Harm initiatives

* Platinum group metal (PGM) market fundamentals are sound over the longer term, but overall prices are likely to remain ?lower for longer?

* Within this context, Implats will position the Group strategically to conserve cash while restoring and optimising operational performance and profitability

* In doing so, Implats has endeavoured to maintain strategic optionality to safeguard the long-term value potential of its assets in an environment where metal prices are expected to recover

* The Group will invest R30 billion across its operations over the next five years. However, the strategic target for 2016 is to reduce the planned capital spend by R2.2 billion to R4.5 billion

* Impala Rustenburg will be repositioned and modernised:

** Deliver on the new 16 and 20 shaft complexes, which contribute to Impala reaching its sustainable production level of 13.5 million tonnes and 850 000 platinum ounces per annum by 2019

** Operating less vertical shaft systems

** Better efficiencies and an improved cost structure

** Improved Merensky: UG2 mining mix leading to higher grades

** Slowing 17 Shaft capital expenditure to critical path shaft-sinking activities (saving R2.5 billion over the 2015 and 2016 period)

** All resulting in improved profitability

* Ultimately restore Zimplats to 6 million tonnes per annum and 260 000 platinum ounces per annum

** Through open-pit mining while the Bimha mine is redeveloped

* Maintain steady-state production at Mimosa

* Defer Afplats for four years

** Reduced capital spend

* Build on the cash-positive IRS business model to grow profits through additional sources of PGM supply

* Optimise performance at Marula and seek to realise value through a disposal of this asset

* Maintaining and positioning the balance sheet to meet strategic objectives

* Reposition stakeholder engagement programmes and associated activities to maintain the social licence to operate
26-Feb-2015
(C)
16-Feb-2015
(Official Notice)
Further to the announcement on 9 December 2014, shareholders are advised that Implats? headline earnings per share (HEPS) for the half year ended 31 December 2014 is expected to be between 53 and 77 cents which is between 45% and 63% lower than that of the half year ended 31 December 2013 (HEPS of 142 cents).



After the impairment of property, plant and equipment as a result of the partial collapse of the Bimha operation at Zimplats, basic earnings per share (EPS) are expected to be between 33 and 48 cents which is between 77% and 67% lower than the previous comparable period, being the half year ended 31 December 2013 (EPS of 145 cents).



The decrease in the HEPS and EPS is primarily due to lower production from Impala Rustenburg, impacted by the ramp-up of operations to reach full capacity following the five-month strike compared to an uninterrupted first half of the previous financial year. The Group?s production was further impacted by industrial action and safety stoppages at Marula and the precautionary safety closure of the whole of the Bimha operation. During November 2014, Impala Rustenburg reached pre-strike production levels and Zimplats has now actioned a recovery plan that mitigates the impact of the partial collapse at the Bimha operation. This recovery plan includes the mining and processing of supplementary open pit ore while the Bimha mine is re-opened and re-developed.



The financial information on which this trading statement is based has not been reviewed and reported on by the external auditors of Implats. The Group?s reviewed interim financial results for the period ended 31 December 2014 will be released on 26 February 2015.

30-Jan-2015
(Official Notice)
Implats informed shareholders that a 15% export levy on unbeneficiated platinum group metal (PGM) revenue in Zimbabwe became effective from 1 January 2015, as per the Finance Act (No. 3), 2014 (Act 11 of 2014).



As previously announced, in 2013 the Government of Zimbabwe proposed an export levy on unbeneficiated platinum, with a view to encouraging platinum mining companies to invest in smelting and refining capacity in Zimbabwe. This export levy was deferred to take effect from 1 January 2015. In the 2015 National Budget statement made in December 2014, the Minister of Finance announced that the Government had deferred the export tax on un- beneficiated platinum until 1 January 2017. However, the recently promulgated 2015 Finance Bill does not provide for the deferral of the levy.



It is not clear whether the export levy will be formally enforced and the Group, in consultation with the Chamber of Mines in Zimbabwe, is presently seeking clarity from the authorities. Implats and its Zimbabwean operations remain committed to securing a conducive regulatory and fiscal framework for the mining industry in Zimbabwe. It should be noted that the Group?s Zimplats operation does not export unbeneficiated platinum concentrate, and as a consequence will not be impacted by this levy.



Implats is not in a position to provide further details due to the sensitive and confidential nature of these engagements. Further developments will be communicated in due course.
29-Jan-2015
(Official Notice)
Bondholders of the Implats Convertible Bond (?the Convertible Bond?) were advised that the Convertible Bond will commence trading ex-interest from the commencement of trade on Monday, 16 February 2015 until the close of trade on Friday, 20 February 2015, with respect to the interest coupon period that commenced on 22 August 2014 (inclusive) and that will end on 23 February 2015 (exclusive).



The interest amount to be paid on Monday, 23 February 2015 will be ZAR250.00 for each ZAR10 000.00 of principal amount. The next interest coupon period will commence on 23 February 2015 (inclusive) and end on 21 August 2015 (exclusive).



The salient dates relating to this interest payment are as follows:

* Last day to trade in order to participate in this interest : Friday, 13 February

* Ex interest date : Monday, 16 February

* Record date : Friday, 20 February

* Payment date : Monday, 23 February.
11-Dec-2014
(Official Notice)
09-Dec-2014
(Official Notice)
Shareholders are advised that the Group?s headline earnings per share (HEPS) and basic earnings per share (EPS) for the half year ended 31 December 2014 are expected to be more than 20% lower than the comparable figures of 142 and 145 cents per share respectively for the half year ended 31 December 2013.



The decrease in the HEPS and EPS is primarily due to lower production from Impala Rustenburg, impacted by the ramp-up of operations to reach full capacity following the five-month strike during the second half of the financial year ended 30 June 2014. The Group?s production was further impacted by industrial action and safety stoppages at Marula and the precautionary closure of the Bimha mine at Zimplats.



A further announcement will be made once the Implats board of directors have a reasonable degree of certainty in providing forecast ranges for HEPS and EPS for the half year.



The financial information on which this trading statement is based has not been reviewed and reported on by the external auditors of Implats. The Group?s reviewed interim financial results for the period ending 31 December 2014 will be released on 26 February 2015.

29-Oct-2014
(Official Notice)
23-Oct-2014
(Official Notice)
Implats informed shareholders that at the annual general meeting of Implats shareholders held on 22 October 2014, the ordinary resolutions relating to the appointment of Mr TV Mokgatlha as a non-executive director of the company and a member of the Audit Committee in the Notice of Annual General Meeting 2014, distributed to shareholders on 25 September 2014, ("Notice of Annual General Meeting 2014") were withdrawn. All the other ordinary and special resolutions proposed in the Notice of Annual General Meeting 2014 were passed by the requisite majority.



The results of the Annual General Meeting are as follows:

* Total number of Implats' issued ordinary shares is 632 214 276;

* Total number of ordinary shares in issue excluding 16 233 994 treasury shares is 615 980 282 ("Total Votable Ordinary Shares");

* Total number of ordinary shares voted in person or by proxy was 506 511 376 representing 80.12% of the total issued share capital of the ordinary shares of the company.



Change in directorate

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of directors of Implats, advised shareholders that Mr TV Mokgatlha has resigned as a non- executive director of the company with effect from 22 October 2014.
25-Sep-2014
(Official Notice)
Shareholders are advised that the annual integrated report of Implats for the year ended 30 June 2014, which includes the summary consolidated annual financial statements and the notice of annual general meeting (Annual Integrated Report), has been distributed to shareholders of the Company on Thursday, 25 September 2014. The Annual Integrated Report is available on the Company?s website (www.implats.co.za).



Notice of Annual General Meeting

Notice is given that the fifty-eighth Annual General Meeting of shareholders of the Company will be held at the Company?s head office in the Boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg at 11:00 on Wednesday, 22 October 2014.



Salient dates

The Annual Integrated Report, containing the Notice of Annual General Meeting has been distributed to the Company?s shareholders who were recorded as such in the Company?s register of shareholders on Friday, 19 September 2014, being the notice record date used to determine which shareholders are entitled to receive notice of the Company?s Annual General Meeting.



The record date for shareholders to be registered in the register of the Company for purposes of being entitled to participate in and vote at the Annual General Meeting is Friday, 17 October 2014 (Voting Record Date). Accordingly, the last date to trade in order to be registered in the Company?s register of shareholders on the Voting Record Date shall be Friday, 10 October 2014. Forms of proxy must be lodged by no later than 11:00 on Tuesday, 21 October 2014.
08-Sep-2014
(Official Notice)
Implats announced that four employees have passed away in four separate incidents at its Impala Rustenburg operation, since work recommenced after the industry-wide strike in July 2014. Following the last incident on Friday, 6 September 2014, all underground operations have been suspended for a period of two days to mourn the tragic loss of colleagues and to re- double efforts, on a consultative basis with all key stakeholders, in prioritising employee health and safety initiatives. As part of this process, Impala Rustenburg employees have all been requested to attend a Safety Awareness mass meeting with senior members of Implats, and its respective unions, at the Royal Bafokeng Stadium in Rustenburg scheduled for Tuesday, 9 September 2014 to remember those who have tragically lost their lives and to offer condolences to the family and friends of the deceased, while also reinforcing the safety strategy, which seeks to embed a culture that achieves a vision of zero harm. Management, which is currently investigating all of the fatal events and reviewing all safety initiatives and plans, is confident that the two-day work stoppage should not affect the recently provided guidance of Impala Rustenburg achieving 250 000 ounces of platinum for the six months ended 31 December 2014.



Unfortunately, these recent accidents are a clear sign that a significant amount of work and effort, as well as improved levels of leadership, and cultural transformation are still required to ensure that the strategy is achieved. Management will continue to actively engage all key stakeholders including employees, union leaders and representatives of the Department of Mineral Resources in a collaborative effort, to ensure that the zero harm vision is realised. This will include how Implats drives critical safety behaviours aligned to major hazards as included in the safe production rules that the Group introduced two years ago.
28-Aug-2014
(C)
Revenue for the year lowered slightly to R29 billion (2013: R29.8 billion). Gross profit decreased to R3.2 billion (2013: R4.7 billion), while profit attributable to owners of the Company fell to R8 million (2013: R1 billion). Furthermore, headline earnings per share dropped to 86cps (2013: 329cps).



Dividend

No dividends were declared.



Prospects

Demand fundamentals remain strong for platinum, palladium and rhodium against the backdrop of both increased automotive sales and tightening emissions legislation. This, combined with constrained supply, should be positive for PGM prices in the future. In general, platinum, palladium and rhodium markets are expected to remain in fundamental deficit for the next three to five years.



Implats' management, taking direction from the board, are intensely focused on the health and safety of employees across the Group. Efforts to reenergise and rebuild Impala, increase the volumes at Marula, as well as successfully mitigate the effect of the Mutambara shear at Zimplats are ongoing. Furthermore, Implats continues to invest in its replacement projects, which are essential to restore its production profile into the future. In the short term, a strategic review of Impala?s operations and projects to determine a new way forward is being undertaken.
25-Aug-2014
(Official Notice)
Implats announced the appointment of Tebogo Llale as the group's Company Secretary, with effect from 25 August 2014. Tebogo will assume responsibility for leading the company's secretarial function and will serve as a member of the Executive Committee.
20-Aug-2014
(Official Notice)
Further to the announcement by Zimplats Holdings Ltd (Zimplats) on 18 July 2014 regarding the underground collapse at a section of the Bimha Mine, Implats wishes to inform shareholders and other stakeholders that a decision has now been made to cease all mining activity at the mine, with immediate effect, to ensure the safety of our employees.



In July 2014, a collapse within a section of the underground working area of the Bimha Mine was triggered by the accelerated deterioration of ground conditions associated with a major fault, the Mutambara Shear, which transgresses through the mining area. Over recent weeks, ground conditions have continued to deteriorate and as a consequence, it has been decided to withdraw employees in high-risk areas with immediate effect and to implement orderly closure procedures across the rest of the mine.



A team of Company and independent advisors has been appointed to conduct detailed investigations to re-engineer and/or arrest the current mine stability concerns. Further announcements will be made as soon as there is clarity on the outlook for the mine. At this stage, there is a possible production impact of up to 70 000 platinum ounces in the 2015 financial year at the Zimplats? operation as a consequence of closing the Bimha Mine. Production from the other three mines is not expected to be affected and the ramp-up of Mupfuti Mine continues as planned. In addition two mining fleets from the Bimha Mine have already been deployed to the other Zimplats mines to mitigate production losses. Zimplats produced 240 000 platinum ounces in the 2014 financial year.
15-Aug-2014
(Official Notice)
Further to the announcement on 24 July 2014, shareholders are advised that Implats' headline earnings per share (HEPS) for the financial year ended 30 June 2014 is expected to be between 82 and 98 cents which is between 70 % and 75% lower than that of the financial year ended 30 June 2013 (HEPS of 330 cents). This is mainly due to the five-month industrial action experienced by the Impala Rustenburg operations.



Basic earnings per share (EPS) are expected to be between zero and three cents which is between 98% and 100% lower than the previous comparable period, being the year ended 30 June 2013 (EPS of 168 cents). The expected decrease in EPS is a result of the impact of the above-mentioned factor and includes the add-back of impairments (after tax) for headline earnings calculations of approximately R480 million.



The Group's audited year-end financial results for the period ended 30 June 2014 will be released on 28 August 2014.
04-Aug-2014
(Official Notice)
Bondholders of the Implats Convertible Bond were advised that the Convertible Bond will commence trading ex-interest from the close of trade on Monday, 11 August 2014 until the close of trade on Friday, 15 August 2014, with respect to the interest coupon period that commenced on 21 February 2014 (inclusive) and that will end on 21 August 2014 (exclusive).



The interest amount to be paid on Thursday, 21 August 2014 will be ZAR250.00 for each ZAR10 000.00 of principal amount. The next interest coupon period will commence on 21 August 2014 (inclusive) and end on 21 February 2015 (exclusive).



The salient dates relating to this interest payment are as follows:

* Last day to trade in order to participate in this interest : Friday, 8 August 2014

* Ex interest date : Monday, 11 August 2014

* Record date : Friday, 15 August 2014

* Payment date : Thursday, 21 August 2014.
24-Jul-2014
(Official Notice)
Shareholders are advised that the company's headline earnings per share (HEPS) and basic earnings per share (EPS) for the financial year ended 30 June 2014 are expected to be more than 20% lower than the comparable figures for the financial year ended 30 June 2013. A key contributor to the decline of the HEPS and EPS was the five-month strike at the Impala Rustenburg operations during the second half of the financial year.



A further announcement will be made as soon as the company and its directors have a reasonable degree of certainty of the final results.
24-Jun-2014
(Official Notice)
12-Jun-2014
(Official Notice)
The following statement was released in Johannesburg by Implats in conjunction with Anglo American Platinum Ltd. ("Amplats") and Lonmin plc ("Lonmin"):



AMCU agrees to take offer to employees

Platinum producers, Anglo American Platinum Ltd. (Amplats), Impala Platinum Holdings Ltd. (Implats) and Lonmin Plc (Lonmin) announce that 'in principle' undertakings have been reached with the leadership of the Association of Mineworkers and Construction Union (AMCU) in respect of wages and conditions of employment. AMCU will be discussing these 'in principle' undertakings with its members to seek a mandate to accept the offers which, if given, will bring to an end the 21-week long strike.



The principles that underpin the proposals seek to achieve a sustainable future for the three platinum companies for the benefit of all stakeholders and to afford employees the best possible increase under the current financial circumstances.



The companies expect to receive feedback from AMCU on Friday, 13 June. Thereafter, and should an agreement be reached, the companies will be assisting employees to ensure a safe return to a normal working environment.



Further details will be made available once feedback is received from AMCU.
26-May-2014
(Media Comment)
Business Day reported that, Implats's Zimbabwean subsidiary, Zimplats, is looking forward to invest USD100 million in refurbishing the base metals refinery at its Selous operations. This is the company's attempt to meet demands for increased beneficiation of mineral output by the Zimbabwean government. Alex Mhembere, Zimplats CEO, said the work is set to start in July and would take two years to complete. As a result, Zimplats would be producing copper and nickel in Zimbabwe and not at the Implats' refineries in Springs South Africa as at present.
26-May-2014
(Official Notice)
The board of directors of Implats ("the board"), in compliance with Section 3.59 of the JSE Listings Requirements, advised shareholders that Ms Avanthi Parboosing has resigned as company secretary of the company with effect from 21 July 2014.
16-May-2014
(Official Notice)
02-May-2014
(Media Comment)
According to Business Report, Implats' Zimbabwean unit Zimplats reported a 9% rise in revenue and recorded a 76% surge in operating profit to USD36 million (R379 million) for the quarter to March 2014. Zimplats has paid about USD10 million to a community share ownership scheme under Zimbabwe's indigenisation laws, although the agreement signed with the government in 2013, which also requires Implats to hand cede majesty control of the company, is being revised. However, Zimplats' quarterly production costs only rose by 1%.
25-Apr-2014
(Official Notice)
05-Mar-2014
(Official Notice)
Implats confirms that discussions with the Association of Mineworkers and Construction Union (AMCU), Anglo American Platinum Ltd. (Amplats), Impala Platinum Ltd. (Impala) and Lonmin PLC (Lonmin), being facilitated by the Commission for Conciliation, Mediation and Arbitration (CCMA), have unfortunately not managed to secure a resolution to the industry wage dispute and these discussions have been adjourned. The strike at Implats' Rustenburg operation has continued for nearly six weeks in which time the company has lost approximately 90 000 ounces of platinum production. This equates to around R2 billion in revenue lost (calculated at the current basket of metal prices).



At Impala, this offer represents a monthly guaranteed pay package of 26% over three years, increasing the minimum guaranteed package for surface employees from R8 641 to R10 915 and for underground employees from R9 297 to R11 746 respectively over the three-year period. We call on all our employees to seriously consider this offer in the interests of the sustainability of our industry, and to secure their jobs. A return to work is critical before permanent structural changes become inevitable. Shareholders will be kept informed as the process evolves.
27-Feb-2014
(C)
Revenue for the interim period ended 31 December 2013 rose to R16.5 billion (R15.1 billion). Gross profit fell to R1.8 billion (R2.5 billion), profit from operations decreased to R1.3 billion (R1.6 billion), while profit attributable to owners of the company grew to R879 million (R813 million). Furthermore, headline earnings per share increased to 142cps (128cps).



Dividend

Given current industrial relations climate, no interim dividend declared.



Prospects

The fundamentals for PGMs remain robust and volatile. World economies are showing some positive growth signs auguring well for the demand for these metals. Implats continues to forecast deficit markets for the next year or two, and this is expected to slowly erode the level of inventories and have a positive impact on prices. The lack of capital investment by the industry should curtail future supply from southern Africa, to the extent that it is not envisaged that output levels will return to their highs of 2007 for the next five years. The operating environment in South Africa remains challenging as a result of the changing labour dynamics and increased stakeholder expectations, while cost pressures remain high as a result of potential wage settlements and power increases. The improved operational recovery, coupled with the capital and expansion projects, will benefit the Company once the wage negotiation impasse in the platinum sector is resolved.

21-Feb-2014
(Official Notice)
Talks between the platinum sector and the Association of Mineworkers and Construction Union (AMCU), facilitated by the Commission for Conciliation, Mediation and Arbitration (CCMA), has, unfortunately, not managed to secure a resolution to the industry wage dispute with AMCU members. The strike at Implats' Rustenburg operation has continued for four weeks in which time the Company has lost 22 working days and 2 800 ounces of platinum production per working day. This equates to approximately 61 600 ounces platinum in total, which at R22 500 an ounce, amounts to R1.38 billion in revenue lost (calculated at the current basket of metal prices).



The CCMA mediation process brought together the negotiating teams of AMCU and the platinum producers, Impala Platinum Ltd. (Impala), Anglo American Platinum Ltd. (Amplats), and Lonmin PLC (Lonmin) under the auspices of the CCMA. The platinum producers tabled a revised wage offer to AMCU members on 29 January 2014 based on a set of principles that would ultimately realise a minimum guaranteed pay package of R12 500 per month over time. This offer represents an increase in wages and benefits of some R2 billion rand in the first year alone for the three companies combined. The revised offer has to be viewed in the context of an industry having reported a cash loss of approximately R4.3 billion in 2013.



Impala has offered to increase the minimum monthly guaranteed pay package by 26% over three years. This would increase the minimum guaranteed package for surface employees from R8 641 to R10 915 and for underground employees from R9 297 to R11 746 respectively over the three-year period. Implats is in constant communication with all its stakeholders to ensure they remain informed of the situation and can implement the necessary mitigating measures to manage the impact of the strike.
24-Jan-2014
(Official Notice)
Bondholders of the Implats Convertible Bond ("the Convertible Bond") are hereby advised that the Convertible Bond will commence trading ex-interest from the close of trade on Monday, 10 February 2014 until the close of trade on Friday, 14 February 2014, with respect to the interest coupon period that commenced on 21 August 2013 (inclusive) and that will end on 21 February 2014 (exclusive).



The interest amount to be paid on Friday, 21 February 2014 will be ZAR25 000.00 for each ZAR1 000 000.00 of principal amount. The next interest coupon period will commence on 21 February 2014 (inclusive) and end on 21 August 2014 (exclusive).



The salient dates relating to this interest payment are as follows:

*Last day to trade in order to participate in this interest -- Friday, 7 February 2014

*Ex interest date -- Monday, 10 February 2014

*Record date -- Friday, 14 February 2014

*Payment date -- Friday, 21 February 2014
23-Jan-2014
(Official Notice)
Implats advised that safe shutdown procedures at its mining and processing operations in the Rustenburg region have been implemented with effect from the commencement of the night shift on Wednesday, 22 January 2014. The Association of Mineworkers and Construction Union (AMCU) affiliated employees have commenced industrial action this morning. The principle of no-work no-pay will be effective. Non-striking employees are encouraged to report for work on day shifts only. These actions are to mitigate risks of possible intimidation and violence during the industrial action.



Implats has recorded low attendance (approximately 10%) at its Rustenburg mine following the initiation of the industrial action. The Company has ensured through the Commission for Conciliation, Mediation and Arbitration (CCMA) that AMCU is aware of the picketing rules and that its members must picket in designated areas only. Implats respects the rights of workers to strike but also calls on all parties to respect the rights of workers electing to report for duty. Some incidences have been reported of non-striking workers being prevented from entering the premises and reporting for work. The Company has received assurances from AMCU leadership that they will ensure discipline amongst their members.



Given the shutdown of mining operations at Rustenburg, Implats will lose approximately 2 800 ounces of platinum per working day during the strike. Operations at the affected shafts will focus on cleaning, maintenance, development and essential support services. Implats will be stockpiling flotation concentrate from other mining operations and the processing plant should have sufficient capacity to make up the back log once operations resume. Zimplats Holdings Ltd. (Zimplats) will continue to process matte through the refinery.



Implats is supporting the proposed government facilitated mediation process in an attempt to find a resolution to the current impasse. The Company also remains committed to further engagement in an effort to ensure a workable solution for all, which will secure the sustainability of the business and preserve jobs as far as possible. Stakeholders will be kept informed as additional information becomes available.
20-Jan-2014
(Official Notice)
Implats advised stakeholders that the Association of Mineworkers and Construction Union (AMCU) has issued a strike notice to Impala and that strike action will commence at its Rustenburg mining operation from the morning shift on Thursday 23 January 2014.



Impala and AMCU have been engaged in wage negotiations for more than six months. Despite progress in many areas, the parties have not reached agreement on wages and other conditions of employment.



Implats' recently signed a two-year wage agreement with the National Union of Mineworkers (NUM), effective from July 2013, for the Marula and Refining operations. In accordance with this agreement, the minimum guaranteed remuneration for lower category workers will increase by 8.5% in year one and 7.5% in year two.



Implats' Mimosa, Zimplats, Marula, Two Rivers and Refining operations will not be affected by the impending strike action.



The company remains committed to further engagement and to finding a solution that will secure the sustainability of the business and preserve jobs as far as possible. Impala has taken all reasonable measures to prepare for a possible wage strike to ensure peace, order and stability.
17-Jan-2014
(Official Notice)
Implats announced the appointment of Andile Sangqu as Group Executive: Sustainability and Risk, with effect from 1 March 2014. Andile will report directly to Terence Goodlace, Implats' Chief Executive Officer and will assume responsibility for leading the company's corporate social investment programmes, environmental matters, risk management, certain relationships with governments and regulatory bodies and sustainability functions. He will serve as a member of the Executive Committee and represent the company on a number of its operational boards.
15-Nov-2013
(Official Notice)
Implats announced the appointment of Nelson Ndlala as the new Executive Head: Rustenburg Operations with immediate effect. He will report directly to Terence Goodlace, the Chief Executive Officer and will take responsibility for leading the Company's Rustenburg operations. He will serve as a member of the Executive Committee as well as represent the Company on a number of its operational boards.
04-Nov-2013
(Official Notice)
23-Oct-2013
(Official Notice)
At the annual general meeting of Implats shareholders held on 23 October 2013, all the ordinary and special resolutions proposed in the Notice of Annual General Meeting 2013, distributed to shareholders on 26 September 2013, were passed by the requisite majority.
18-Oct-2013
(Official Notice)
The board of directors of Implats ("the board"), in compliance with section 3.59 of the JSE Listings Requirements, announces the resignation of Paul Dunne as an executive director of the board with immediate effect, following his decision to step down as Group Executive: Operations.



Shareholders are advised that executive management and the board are engaged in a process to finalise the appointment of a new head of operations for Rustenburg and will make an announcement in due course.
26-Sep-2013
(Official Notice)
Shareholders were advised that the annual integrated report of Implats for the year ended 30 June 2013, which includes the summary consolidated annual financial statements and the notice of annual general meeting ("Annual Integrated Report"), has been distributed to shareholders of the Company on Thursday, 26 September 2013. The Annual Integrated Report is available on the Company's website (www.implats.co.za).



Notice of Annual General Meeting

Notice is given that the fifty-seventh Annual General Meeting of shareholders of the Company will be held at the Company's head office in the Boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg at 11:00 on Wednesday, 23 October 2013.



Salient dates

The Annual Integrated Report, containing the Notice of Annual General Meeting has been distributed to the Company?s shareholders who were recorded as such in the Company?s register of shareholders on Friday, 20 September 2013, being the notice record date used to determine which shareholders are entitled to receive notice of the Company's Annual General Meeting.



The record date for shareholders to be registered in the register of the Company for purposes of being entitled to participate in and vote at the Annual General Meeting is Friday, 18 October 2013 ("Voting Record Date"). Accordingly, the last date to trade in order to be registered in the Company?s register of shareholders on the Voting Record Date shall be Friday, 11 October 2013. Forms of proxy must be lodged by no later than 11:00 on Tuesday, 22 October 2013.
26-Sep-2013
(Media Comment)
Business Day reported that plans by Implats to reduce output amid a record shortfall of platinum and the rand's weakness have provided a boost to the company's bonds and curbed the miner's need to raise finance. Yields on Implats' USD200 million of bonds changeable into stock at an equivalent of USD24.13 per share fell 152 basis points so far during September 2013 to 4.51% on Wednesday, 25 September. Shares in Implats have surged 47% since reaching an almost eight-year low on 25 June 2013. The weakness of the rand has also boosted Implats' dollar-based revenue, helping it to cover higher labour costs..
20-Sep-2013
(Official Notice)
Further to the final cash dividend declared on 29 August 2013 and payable on 23 September 2013, notice of which was released on the Stock Exchange News Service ("SENS") on 29 August 2013, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is R15.53950 to GBP1.00. This equates to a gross final cash dividend of 3.86113 pence per share to United Kingdom registered shareholders. The dividend payable is subject to a maximum of 15% Dividend Tax, unless any exemptions apply.
19-Sep-2013
(Official Notice)
Prior to being appointed alternate director to the board, Mr O M Pooe served as a non-executive director of the company since 2010.
29-Aug-2013
(C)
Revenue for the year ended 30 June 2013 increased to R30 billion (2012: R27.6 billion). Gross profit lowered to R5.1 billion (2012: R6.3 billion), while profit attributable to owners of the Company dropped to R1 billion (2012: R4.2 billion). Furthermore, headline earnings per share slumped to 330cps (2012: 685cps).



Dividend

A gross final dividend of 60cps for the year ended 30 June 2013 has been declared payable to shareholders of ordinary shares. The dividend has been declared out of income reserves.



Prospects

Implats firmly believes that the demand for their metals will increase in the medium to long term driven primarily by the growth in global vehicle sales. However, future primary supply growth will remain constrained which will result in tighter market conditions leading to higher prices for our metals. Implats continues to invest in their replacement projects, which are essential to restore Impalas production profile. The company will maintain production in 2014 at current levels and thereafter progressively grow output to 850 000 ounces of platinum per annum by 2018. This, coupled with the completion of the Phase 2 expansion project at Zimplats, will ensure the sustainability of the Group. In this regard, capital expenditure of R5.5 billion is planned for 2014.
19-Aug-2013
(Official Notice)
Bondholders of the Implats convertible bond ("the convertible bond") were advised that the convertible bond commenced trading ex-interest from the close of trade on 8 August 2013 until the close of trade on 16 August 2013, with respect to the interest coupon period that commenced on 21 February 2013 (inclusive) and that will end on 21 August 2013 (exclusive). The interest amount to be paid on 21 August 2013 will be R250.00 for each R10 000.00 of principal amount. The next interest coupon period will commence on 21 August 2013 (inclusive) and end on 21 February 2014 (exclusive).



The salient dates relating to this interest payment are as follows:

*Last day to trade in order to participate in this interest payment -- Thursday, 8 August 2013

*Ex interest date -- Monday, 12 August 2013

*Record date -- Friday, 16 August 2013

*Payment date -- Wednesday, 21 August 2013
16-Aug-2013
(Official Notice)
Shareholders are advised that Implats' headline earnings per share (HEPS) for the financial year ended 30 June 2013 are expected to be between 308 and 343 cents which is between 50% and 55% lower than that of the financial year ended 30 June 2012 (HEPS of 685 cents). This is due to operational performance at Impala Rustenburg, above inflation cost increases and impairments of R1.3 billion of long- term receivables (excluding the goodwill impairment referred to below).



Basic earnings per share (EPS) are expected to be between 145 and 179 cents which is between 74% and 79% lower than the previous comparable period, being the year ended 30 June 2012 (EPS of 690 cents). The expected decrease in EPS is a result of the impact of the above-mentioned factors as well as the write-down of approximately R1 billion of goodwill resulting from the African Platinum plc acquisition concluded in the 2007 financial year.



The Company's audited year end financial results for the period ended 30 June 2013 will be released on 29 August 2013.
08-Aug-2013
(Official Notice)
The board of directors of Implats announced the following resignations from, and appointments to the board, with effect from 8 August 2013.



Mr O M Pooe has resigned as a non-executive director, representing Royal Bafokeng Holdings ("RBH"), the investment vehicle of the Royal Bafokeng Nation. Ms A Kekana has been appointed as a non-executive director, representing RBH, in Mr Pooe's stead. Mr Pooe has been appointed as alternate director to Ms Kekana.



Mr TV Mokgatlha has resigned as a non-executive director, representing RBH. Mr Mokgatlha has accepted the board's invitation to join the company as an independent non-executive director, following his resignation as an RBH nominated director.



In Mr TV Mokgatlha's stead, Mr B Nagle has been appointed as a non-executive director, representing RBH.
06-Jun-2013
(Official Notice)
The board of directors of Implats announced the appointments of Mr Peter Davey as an independent non-executive director with effect from 1 July 2013 and Ms Albertinah Kekana as an alternate non-executive director to Mr OM Pooe, with effect from 7 June 2013.
06-Jun-2013
(Media Comment)
Business Report noted that Implats' mines were operating normally after the end of an unauthorised work stoppage by about 300 employees. Spokesman Bob Gilmour commented that it was "only a one-day strike, everything is back to normal."
07-May-2013
(Official Notice)
Shareholders of Implats are referred to the circular to shareholders dated 8 April 2013 relating to the granting and approval of a specific authority for Implats directors to allot and issue up to a maximum of 30 000 000 Implats ordinary shares for the purpose of the conversion of the convertible bonds issued by Implats on 21 February 2013 ("the Specific Authority").



Shareholders are advised that the special resolution relating to the Specific Authority was passed by the requisite majority of Shareholders at the general meeting of Implats held at the registered office of the Company.
03-May-2013
(Media Comment)
Business Day reported that Implats' Zimbabwean unit, Zimplats, registered a 26% jump in first quarter operating profit, despite increased pressure from the Zimbabwean government for the company to hand over 28 000ha of its platinum land. Zimplats recorded an operating profit of USD65 million for the three months to 31 March 2013. Revenue for the period under review was also up 32%.
02-May-2013
(Official Notice)
09-Apr-2013
(Official Notice)
Bondholders and shareholders are referred to the announcement released on SENS on Friday, 15 February 2013 relating to the placement of Implats USD and ZAR convertible bonds for total gross proceeds of approximately USD200 million and R2.672 million respectively, by way of concurrent accelerated offerings, as follows:

* Implats issued 1.0% convertible bonds due February 2018 in a nominal amount of USD200 million.

* Implats issued 5.0% convertible bonds due February 2018 in a nominal amount of R2.672 million (the "ZAR Bonds").



An application for admission to trading of the ZAR Bonds on the Main Board was made to the JSE. This application was formally approved by the JSE on Monday, 8 April 2013. The document setting out the full details of the ZAR Bonds ("Listing Document") is available for inspection on the JSE website (www.jse.co.za) and on the Implats website (www.implats.co.za). The Listing Document is also available for inspection at the registered office of Implats, being 2 Fricker Road, Illovo, Gauteng, South Africa.



The last day to trade the ZAR Bonds in their unlisted form (under Bond Code: IMPCB, ISIN: ZAU000013013) will be Tuesday, 9 April 2013. The first date to trade the ZAR Bonds on the JSE's equity trading platform (under Stock Code: IMPCB, ISIN: ZAE000175873) will be Wednesday, 10 April 2013.



Final positions for transfer will be determined on the Record Date, being Tuesday, 16 April 2013 and the listed ZAR Bonds will be credited to the bondholders' accounts with the CSDPs on Wednesday 17 April 2013. The ZAR Bonds will be traded in nominals of ZAR10 000 on the JSE's equity trading platform. Consequently, each bondholder will be allocated by their respective CSDPs circa 100 new Debt Instruments of ZAR10 000 nominal each, for every unlisted ZAR Bond with a nominal of ZAR1 million. Investors should be aware that the new ZAR Bonds will trade on a price basis and may or may not reflect the accrued interest in each ZAR Bond.
08-Apr-2013
(Official Notice)
08-Mar-2013
(Official Notice)
Further to the interim cash dividend declared on 14 February 2013 and payable on 11 March 2013, notice of which was released on SENS on 14 February 2013, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is R13.78160 to GBP1.00. This equates to a gross interim cash dividend of GBP2.53962 pence per share to United Kingdom registered shareholders. The dividend payable is subject to a maximum of 15% Dividend Tax, unless any exemptions apply.
05-Mar-2013
(Official Notice)
Implats advised shareholders that the Government of Zimbabwe has, through a Government Gazette Extraordinary dated 1 March 2013 ("Gazette Extraordinary"), indicated that it intends to compulsorily acquire 27 948 hectares or approximately 50% of mining claims owned by the operating subsidiary of the Group, Zimbabwe Platinum Mines (Private) Ltd. ("Zimplats"), and that such claims would be used "for the benefit of the public". Zimplats has 30 days from the publication of the Gazette Extraordinary to lodge a written objection with the acquiring authority. Implats and Zimplats are taking legal advice in order to protect their rights and, in addition, remain in consultation with the relevant Government authorities. Shareholders will be kept informed of any material developments.
15-Feb-2013
(Official Notice)
Implats is pleased to announce the result of its dual offering and the final terms of the senior unsecured convertible bonds due 2018 (the "ZAR Bonds") and the senior unsecured convertible bonds due 2018 (the "USD Bonds" and together with the ZAR Bonds, the "Bonds"). The ZAR1 775 million ZAR Bonds have been allocated in full and the USD200 million USD Bonds have been allocated in full. The option to increase the ZAR Bonds has been exercised in full such that a total of R2 672 million ZAR Bonds have been allocated.



The Bonds will be issued and redeemed at par and will carry a coupon of 5.00% per annum for the ZAR Bonds and 1.00% per annum for the USD Bonds. The ZAR Bonds' initial conversion price has been set at ZAR214.9000 per share, a premium of 35% above the volume weighted average price of the shares from launch to pricing while the USD Bonds' initial conversion price has been set at USD24.1300 per share, a premium of 35% above the volume weighted average price of the shares from launch to pricing, converted at the prevailing ZAR: USD spot rate at the time of pricing. The Company will have the option to call the Bonds at par plus accrued interest at any time on or after 13 March 2016, if the aggregate value of the underlying shares per Bond for a specified period of time is 130% or more of the principal amount of that Bond.



Implats shareholders will be requested to grant specific authority for the directors to issue ordinary shares pursuant to the conversion rights which will attach to the Bonds. It is expected that settlement of the Bonds will take place on or about Thursday, 21 February 2013. Implats intends to apply for admission of the ZAR Bonds to trade on the Main Board of the JSE and the USD Bonds to trade on a European stock exchange within 3 months following settlement of the Bonds. UBS is acting as Global Co-ordinator. The Standard Bank of South Africa Ltd. (in connection with the offering of the ZAR Bonds) and Standard Bank Plc (in connection with the offering of USD Bonds) together with UBS are acting as Joint Bookrunners. Basis Point Capital is acting as the local partner in connection with the offering of the Bonds.
14-Feb-2013
(Official Notice)
14-Feb-2013
(C)
Revenue for the interim period ended 31 December 2012 lowered to R15.2 billion (2011: R15.4 billion). Gross profit fell to R2.6 billion (2011: R4.5 billion), profit from operations slumped to R1.6 billion (2011: R4.4 billion), while profit attributable to owners of the company plunged to R813 million (2011: R3.5 billion). Furthermore, headline earnings per share more than halved to 128cps (2011: 573cps).



Dividend

Notice is given that a gross interim dividend of 35cps for the half year ended 31 December 2012 has been declared payable to shareholders of ordinary shares. The dividend has been declared out of income reserves.



Prospects

The fundamentals for PGM's remain robust as a result of tight South African supply and on-going firm demand by the automotive industry. This should have a positive impact on PGM prices. The operating environment in South Africa continues to be challenging as a result of the changing labour dynamics and increased stakeholder expectations. Cost pressures will remain high as a result of proposed power increases and potential wage demands, which could be mitigated to some extent by a recovery at Impala Rustenburg. Implats takes a long-term view on the business and will continue to invest in replacement shafts in South African and the growth project in Zimbabwe.
11-Feb-2013
(Official Notice)
Shareholders are advised that Implats' basic headline earnings per share (HEPS) and basic earnings per share (EPS) for the six months ended 31 December 2012 are expected to be between 120 and 138 cents which is between 76% and 79% lower than that of the six months ended 31 December 2011 (HEPS of 573 cents; EPS of 575 cents).



The expected decrease in the HEPS and EPS is due to a decrease in mine-to- market throughput, above inflation cost increases and the impairment of long-term receivables of R603 million. Excluding the impairment of long-term receivables of R603 million HEPS and EPS would have been expected to be between 219 and 237 cents which is between 59% and 62% lower than that of the six months ended 31 December 2011.



The Company's six months financial results for the period ended 31 December 2012 will be released on 14 February 2013.
11-Jan-2013
(Official Notice)
14-Dec-2012
(Official Notice)
10-Dec-2012
(Official Notice)
Implats ("the Company") has requested the UK Financial Services Authority to cancel the listing of the Company's ordinary shares of 2.5 South African cents each ("Ordinary Shares") on the UK Official List and to cancel the admission of the Ordinary Shares to trading on the London Stock Exchange's market for listed securities. It is expected that the cancellation of the UK listing and of the admission of the Ordinary Shares to trading on the London Stock Exchange ("LSE") will take effect at 8.00 a.m. (UK time) on 14 January 2013 (the "effective date").



The Ordinary Shares have been listed on the UK Official List since February 1973. Currently, shareholders holding approximately 0.12% of the total issued capital of the Company appear on the Company's UK register of members.



However, since listing on the LSE, only a small amount of trading in the Ordinary Shares has been conducted on the LSE and taking into account the high costs associated with being admitted to the UK Official List, the board of directors of the Company consider that there is no longer any significant benefit to the Company in maintaining this listing.



Following cancellation of the listing and the admission to trading in London, the UK register maintained by Computershare Investor Services PLC will continue. However, subject to putting the appropriate arrangements in place, shareholders will only be able to trade their shares on the JSE Limited ("JSE") after the effective date. It should be noted that in order to trade their shares on the JSE, shareholders will be required to dematerialise their shareholding.
29-Nov-2012
(Official Notice)
The board of directors of Implats announce the appointment of Alastair Macfarlane as an independent non- executive director of the company with effect from 1 December 2012.
16-Nov-2012
(Official Notice)
24-Oct-2012
(Official Notice)
At the annual general meeting of Implats shareholders held on 24 October 2012, all the ordinary and special resolutions proposed in the notice of annual general meeting 2012, sent to shareholders on 27 September 2012 were passed by the requisite majority. Special resolution number 3 relating to the adoption of the company's new Memorandum of Incorporation together with a copy of the Memorandum of Incorporation will be submitted to the Companies and Intellectual Property Commission for filing.
01-Oct-2012
(Official Notice)
Implats announced that Mr JM McMahon will retire from office at the annual general meeting to be held on 24 October 2012. Despite having the full support of the board of directors of Implats to do so, Mr McMahon does not offer himself for re-election.
28-Sep-2012
(Official Notice)
Impala Platinum Holdings Ltd (Implats) today, 28 September 2012, announced that it is to implement a market adjustment for its employees which will add 4.8% to its wage bill. This follows a commitment to conduct a full wage benchmarking exercise announced by the company on Tuesday 11 September 2012. The results of the exercise address a range of identified wage issues across Impala with a strong focus on lower level employees. The market adjustments will be implemented on 1 October 2012.

27-Sep-2012
(Official Notice)
Shareholders are advised that the Annual Integrated Report of Implats for the year ended 30 June 2012, which includes the annual financial statements ("Annual Integrated Report"), has been distributed to shareholders of the Company on Thursday, 27 September 2012. The Notice of Annual General Meeting 2012 has also been distributed to shareholders today and both documents are available on the Company's website (www.implats.co.za). The annual financial statements contain no changes or modifications to the condensed audited preliminary consolidated annual results released on SENS on Thursday, 23 August 2012.



Notice of annual general meeting

Notice is given that the fifty-sixth annual general meeting of shareholders of the company will be held at the company's head office in the Boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg at 11:00 on Wednesday, 24 October 2012.
14-Sep-2012
(Official Notice)
Further to the final cash dividend declared on 23 August 2012 and payable on 17 September 2012, notice of which was released on SENS on 23 August 2012, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is ZAR13.48830 to GBP1.00. This equates to a gross final cash dividend of 4.4483 pence per share to United Kingdom registered shareholders. The dividend payable is subject to a maximum of 15% Dividend Tax, unless any exemptions apply.
11-Sep-2012
(Official Notice)
Implats is in the process of informing all stakeholders that the company has received a wage demand from the Interim Workers Committee (IWC) at Impala Rustenburg. At the end of April 2012 a wage increase was implemented which formed part of the settlement following the industrial action that was concluded during early March 2012.



Despite clear commitments from all parties to uphold the settlement, the IWC has now demanded that the company implement the same increase again for the second year of the 2011/12 wage agreement. These increases have already been implemented and were brought forward by a period of two months to April 2012 as a gesture of goodwill.



In a meeting with the IWC, the company proposed a process of open mediated dialogue with all stakeholders to find a sustainable resolution as quickly as possible. At the meeting, the company also offered to conduct a full wage review to commence as early as possible to ensure that all stakeholders? demands are considered and discussed in detail. Stakeholders will be kept informed as the process evolves.
23-Aug-2012
(C)
Revenue declined to R27.6 billion (R33.1 billion). Gross profit decreased to R7 billion (R11.6 billion) and profit from operations was lower at R5.6 billion (R10.2 billion). Net attributable profit decreased to R4.2 billion (R6.6 billion). In addition, headline earnings per share fell to 685c (1 105cps.



Dividend

A final gross ordinary dividend of 60cps has been declared.



Outlook

The global economic climate is finely balanced between a gradual recovery, supported in some measure by further government stimulus packages, and an unwelcome visit back to recession, driven by the inability of world leaders, particularly those in Europe, to find sustainable solutions to their financial woes. Whilst the former scenario, coupled with meaningfully reduced South African supply would see the markets move towards tighter conditions thereby supporting prices, the latter would result in further reduction in margins and a reassessment of capital plans going forward.
23-Aug-2012
(Official Notice)
Implats has acknowledged today, 23 August 2012, as a day of mourning in memory of those who lost their lives at Lonmin. As a consequence all mining and processing operations at Impala Rustenburg will be suspended for the day to enable employees to pay their respects to their deceased colleagues. The board and management team extend their sincere condolences to the families, friends and colleagues of those who died.
10-Aug-2012
(Official Notice)
Shareholders were advised that Implats headline earnings per share (HEPS) and basic earnings per share (EPS) for the financial year ended 30 June 2012 are expected to be between 645 and 695 cents. This is lower than that of the financial year ended 30 June 2011 (HEPS and EPS of 1 105 cents) primarily due to lower sales volumes as a result of the strike at Impala Rustenburg. The company's audited year-end financial results will be released on 23 August 2012.
02-Aug-2012
(Media Comment)
Business Day noted that Implats rose 3% on Wednesday, 1 August 2012 to close at R133.98 after Zimplats, its Zimbabwean unit, reported June-quarter results that were not as bad as expected. Zimplats recorded a 52% fall in operating profit to USD25 million in the fourth quarter to June 2012, due to weaker platinum group metal prices. However, Zimplats reported a 13% jump in the volume of metals sold.
01-Jun-2012
(Official Notice)
Shareholders are referred to the announcement on SENS dated 31 January 2012 regarding the appointment of Terence Goodlace as chief executive officer and as an executive director to the board of directors of the company from 1 July 2012. Shareholders are advised that Terence Goodlace has changed his capacity from a non-executive director with effect from 31 May 2012 and will become an executive director to the board of directors of the company with effect from 1 June 2012.
29-May-2012
(Official Notice)
24-May-2012
(Official Notice)
Implats confirmed that all employees who embarked on the unprotected strike this week, in support of colleagues who were arrested by the SA Police Services for alleged involvement in incidents of violence, have returned to work, starting with the night shift last night.



Following a number of questions regarding the current membership of the two unions at the mine, Implats confirms that management has commissioned a process to verify claims by the Association of Mineworkers and Construction Union (AMCU) that they represent more than 10 000 of Implats' employees. Management is also in discussion with all the relevant stakeholders to persuade them to stop the unnecessary conflict through the establishment of a joint interim workers committee to discuss and regulate labour issues for the benefit of all the employees.



Implats' condemns the use of violence and intimidation and call on all the parties to do the same. Management will attempt to make up some of the lost production (6 000 platinum ounces) during the next six months through working extra production shifts.
23-May-2012
(Official Notice)
Implats reported last week that during a clash between members of the National Union of Mineworkers (NUM) and the Association of Mineworkers and Construction Union (AMCU) a company employee was shot and wounded. Following this incident and violence earlier in the year, the SA Police Services have arrested two alleged perpetrators. This action has resulted in the majority of the mining workforce embarking on an unprotected work stoppage in support of their colleagues and a refusal to return to work until they have been released. The striking workers are preventing employees who wish to work from doing so.



Implats believes that this unprotected work stoppage is not related to company issues and is as a result of continued union rivalry. The safety of the employees remains Implats' first priority and they have been liasing with the SA Police Services in this regard. Implats will lose approximately 3 000 platinum ounces per day during the work stoppage, which, if protracted will impact our near term profitability as well as the number of jobs we can sustain in the future.
22-May-2012
(Official Notice)
Implats and Aquarius Platinum Ltd. confirmed that a fire occurred at the jointly owned Mimosa operation in Zimbabwe during the night. This was caused when the conveyor belt in the main decline ignited. The fire has been contained. All employees have been accounted for and no injuries have been reported. The majority of the workforce was evacuated following the incident. Initially 75 employees were accommodated in refuge bays due to low visibility. They are now in the process of being moved to surface. This is expected to be completed during the course of the afternoon. At this stage, the extent of the damage and impact on production cannot be ascertained. Further information will be communicated in due course.
12-Apr-2012
(Media Comment)
Business Report noted that Implats' Rustenburg operation, which comprises half of group production, is running below full output almost six weeks after workers at the world's largest platinum mine went on strike demanding higher pay. CEO David Brown said Implats is seeking dialogue with rock drill operators, team leaders and the National Union of Mineworkers to resolve issues. On 2 March 2012 the company estimated that production at the mine will be back at full output two to three weeks from 5 March 2012. However, BMO Capital Markets has said that it might take three weeks or longer than the Implats' estimate for the mine to return to normal output.
22-Mar-2012
(Media Comment)
Business Day reported the Zimbabwean government-controlled Herald newspaper as saying that Implats' Zimbabwean unit, Zimplats, may face total nationalisation if it does not meet the government's two-week deadline for agreement on the value of a stake in the company. CEO David Brown has said the Zimbabwean government will have to pay between USD500 million to USD1 billion for the 31% stake it wants in Zimplats.
15-Mar-2012
(Media Comment)
According to Business Day, Implats could receive more than USD500 million in a complex transaction to transfer a 51% stake in its Zimplats subsidiary to indigenous Zimbabweans in a deal that could in the end see the company claw back shares in Zimbabwe's largest platinum miner. Implats has come under pressure to comply with Zimbabwe's laws requiring foreign-owned mining firms to transfer 51% ownership stakes to black Zimbabweans. After several proposals were rejected and ultimatums given by the Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere, Implats and the minister said the latest proposal for its 87% held subsidiary had been "accepted in principle", and the 51% will be sold for an independently determined "appropriate" amount. Implats CEO David Brown commented that the agreement has cooled tempers.
14-Mar-2012
(Official Notice)
Implats announces further clarification of the agreement reached with the Government of Zimbabwean 13 March 2012. The Government has agreed in principle that the new plan presented is compliant with the law and is acceptable. No agreement has been reached on timing or valuation other than that the transactions would be at appropriate value. The proposals made by Implats to the Government in this regard are:-

* shares in Zimplats representing 10% of the enlarged issued share capital of Zimplats will be issued to the Community Trust at the independent valuation previously submitted to the Government. Zimplats will provide an interest free loan to the Community Trust to fund the shares and the loan will be repaid from dividends. This stake would be non-contributory.

* shares in Zimplats representing a further 10% of the enlarged issued share capital of Zimplats will be sold to an employee share ownership trust for the benefit of all full time employees of Zimplats. The shares will be sold at the same independent valuation and Zimplats will provide an interest- bearing loan to the Employee Trust to fund the purchase of the shares. The loan will be repaid from dividends and will be contributory or dilutive.



It has also been agreed that Zimplats and the Government will explore fair value compensation in lieu of empowerment credits for the ground released under the agreement of 24 May 2006. It was proposed to Government that on receipt of this compensation, Zimplats will make available for sale to the National Indigenisation and Economic Empowerment Fund ("NIEEF") a 31% fully contributory stake in Zimplats for cash at an independently determined fair value at the time. Future expansion opportunities will therefore not be impacted. Upon the execution of these initiatives, Zimplats will have met all of the Government's indigenisation and empowerment objectives and requirements.
09-Mar-2012
(Official Notice)
Further to the interim cash dividend declared on 16 February 2012 and payable on 12 March 2012, notice of which was released on SENS on 16 February 2012, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is R11.9003 to GBP1.00. This equates to an interim cash dividend of 11.3442 pence per share to UK registered shareholders.
28-Feb-2012
(Official Notice)
Implats has previously communicated to shareholders about the illegal work stoppage at its Rustenburg mine. The strike has now entered its sixth week and Implats has lost 100 000 Pt oz which is equivalent to a loss of revenue of around R2 billion. Implats is working with the Department of Mineral Resources in order to resume production as soon as practically possible, but it is dependent on operational turnout of staff. The 15 800 employees who did not join the illegal work stoppage and the 9 800 who have re-applied for their positions are involved with mining activities such as cleaning, establishment, critical end development and making-safe in anticipation of resumption of production. Third party material deliveries continue to be processed as normal. Implats and the National Union of Mineworkers are encouraging dismissed employees to return to work by the deadline of Wednesday, 29 February 2012 for reinstatement at previous benefits and conditions, after which time normal recruitment procedures will apply on a first come first served basis.
24-Feb-2012
(Official Notice)
Further to the Government of Zimbabwe`s requirement to submit an Indigenisation Implementation Plan ("IIP"), Zimbabwe Platinum Mines (Private) Ltd. ("Zimplats"), an indirect 87% subsidiary of Implats, submitted its revised plan in November 2011. In a letter dated 22 February 2012, Zimplats was advised by the Zimbabwean Minister of Youth Development, Indigenisation and Empowerment ("the Minister") that the portion of its IIP relating the empowerment credits for the Release of Ground agreement entered into in 2006 has been rejected. Implats is concerned to note the statement by the Minister that unless progress is made within 14 days to transfer the required shareholding (in lieu of the empowerment credits) to the National Indigenisation and Economic Empowerment Fund ("NIEEF"), enforcement mechanisms will be activated. The Minister also indicated that suitable compensation for the released ground would be considered. Shareholders are advised that negotiations with the Minister will be undertaken in an attempt to reach a mutually acceptable solution. Shareholders will be informed of further material developments as they occur.
24-Feb-2012
(Official Notice)
Further to the Government of Zimbabwe's requirement to submit an Indigenisation Implementation Plan ("IIP"), Mimosa Holdings (Pvt) Ltd. ("Mimosa"), a 50% subsidiary of Implats, submitted its revised plan in November 2011. In a letter dated 22 February 2012, Mimosa was advised by the Zimbabwean Minister of Youth Development, Indigenisation and Empowerment ("the Minister") that a portion of its IIP has been rejected. Implats is concerned to note the statement by the Minister that unless an agreement is reached with the National Indigenisation and Economic Empowerment Fund ("NIEEF") to transfer the required shareholding to NIEEF within 30 days, enforcement mechanisms will be activated. Shareholders are advised that negotiations with the Minister will be undertaken in an attempt to reach a mutually acceptable solution. Shareholders will be informed of further material developments as they occur.
20-Feb-2012
(Official Notice)
Implats noted with concern the statements made by the Zimbabwean Minister of Youth Development, Indigenisation and Empowerment, Mr Saviour Kasukuwere to the media on Sunday, 19 February 2012 with regard to Implats' stake in Mimosa Platinum (Pvt) Ltd. ("Mimosa"). Mr Kasukuwere reportedly said that in order to facilitate indigenisation, the company should dispose of its interest in Mimosa and leave Aquarius Platinum Ltd. as the shareholder of reference for funding and technical support. To date, the company has not received any official notification in this regard from the Government of Zimbabwe.
16-Feb-2012
(C)
Revenue for the interim period ended 31 December 2011 increased slightly R15.4 billion (2010: R15.3 billion). Gross profit however fell to R4.8 billion (2010: R5 billion), while profit from operations decreased to R4 billion (2010: R4.2 billion), but profit attributable to owners of the company rose to R3.5 billion (2010: R2.1 billion). Furthermore, headline earnings per share climbed to 573cps (2010: 345cps).



Dividends

On 16 February 2012, a sub-committee of the board declared an interim cash dividend in respect of 2012 of 135cps amounting to R819 million.



Prospects

The past six months would suggest that any sustained rally in the PGM markets is likely to be driven by an embryonic recovery in the US and a renewed growth focus in China, and would be balanced by the potential for a disorderly default in some EU countries. As a result Implats expects continued volatility in the commodity markets until a more definite growth environment can be established. Subsequent to half year-end the majority of the Impala Rustenburg mining employees embarked on an illegal strike, resulting in the dismissal of approximately 17 000 employees. The impact of this business interruption is a loss of some 3 000 ounces of platinum production per day. As at the 14th of February 2012 this had resulted in a loss of production of 60 000 ounces of platinum.
13-Feb-2012
(Media Comment)
According to Business Report, Impala Platinum had reached an agreement with the National Union of Mineworkers (NUM) to end the illegal strike at its Rustenburg mine, the union said yesterday. Mineworkers were dissatisfied with their pay and downed tools last month. An agreement to get the mine operational was reached on Friday, NUM spokesman Lesiba Seshoka said. Implats would rehire 17 200 workers dismissed for striking, he said. The company would also tighten security to prevent the intimidation of workers returning to work, Seshoka said. "The NUM strongly condemns those intimidating others and appeals to the law enforcement agencies to arrest those who do so as well as those who roam in the company premises when they are not employed by the company." The union would later discuss the treatment of the 5 000 rock drill operators believed to have instigated the strike. Implats spokesman Bob Gilmour was not available for comment yesterday.
03-Feb-2012
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Implats' headline earnings per share (HEPS) and basic earnings per share (EPS) for the six months ended 31 December 2011 are expected to be between 552 cents and 587 cents which is between 60% and 70% higher than that of the six months ended 31 December 2010 (EPS and HEPS of 345 cents). The increase in HEPS and EPS is due to a weakening of the rand/dollar exchange rate and accounting adjustments associated with movements in both the share price and metal prices during the period under review. The company's six months financial results will be released on 16 February 2012.
02-Feb-2012
(Official Notice)
Implats wishes to advise that approximately 13 000 mining employees who participated in the illegal work stoppage at Impala Rustenburg which started on Monday, 30 January 2012, and who failed to return to work by the deadline of Wednesday, 1 February 2012, have been dismissed. This brings the total number of employees dismissed to in the region of 17 200. A process of rehiring for those employees who wish to reapply for their positions will be undertaken in due course. Further announcements will be made in due course.
01-Feb-2012
(Official Notice)
Implats advised that the majority of the mining workforce at its Impala Rustenburg operation failed to report for duty this morning, Wednesday 1 February 2012. Incidents of intimidation have been reported across the property. As the strike has been declared illegal, the company, in line with its ultimatum, will initiate dismissal procedures. The company will begin a process of rehiring for those employees who wish to reapply for their positions. Further announcements will be made in due course.
31-Jan-2012
(Official Notice)
Implats announced the appointment of Terence Goodlace as chief executive officer and as an executive director to the board of directors of the company with effect from 1 July 2012.
28-Nov-2011
(Media Comment)
Business Day reported that, Impala Platinum may make a new attempt to buy smaller rival Royal Bafokeng Platinum to expand local output after a failed bid last year, HSBC said on Friday. "We expect Impala to continue its courtship" after a blocking vote held by Anglo American Platinum expires, Cor Booysen, an analyst at HSBC Securities said. The veto may end in December next year, he said, citing "market speculation". Anglo American Platinum blocked a bid of almost R20 billion by Impala before an initial public offering a year ago by Royal Bafokeng.
21-Nov-2011
(Official Notice)
It is with deep regret that Implats announces that the two employees reported missing on Friday were fatally injured following a fall of ground incident at Impala Rustenburg's Seven Shaft. The bodies of Mr Samuel Rapelang Montshioa of Taung in the North West Province and Mr Thobekile Zendane of Lusikisiki in the Eastern Cape were recovered late on Friday. Both the board and management team express their sincere condolences to the families and friends of the deceased. A full investigation is underway. The Impala Rustenburg operation was suspended on 21 November 2011 as a comprehensive safety review is undertaken.
18-Nov-2011
(Official Notice)
Implats regretted to announce that a fall of ground event occurred at Impala Rustenburg's 7 Shaft this morning. Currently two of our employees are trapped underground and a search and rescue operation is underway. The incident is currently being investigated and the shaft has been closed. Impala Rustenburg will not be in production on Monday 21 November while we undertake a comprehensive safety review. Further information will be made available in due course.
17-Nov-2011
(Official Notice)
Gross platinum production declined by 12% compared to the first quarter a year ago to 388 000 ounces. This was as a result of reduced volumes through IRS from Crocodile River due to on-going operational issues, the closure of Blue Ridge, as well as the fact that 34 000 ounces of once-off Lonmin toll material was processed in the previous comparable quarter. Palladium production decreased in line with platinum. As a result of rhodium's longer pipeline, production of this metal only fell by 7% due to a stock build-up in the corresponding period a year ago as a result of the treatment of additional toll material.



Group unit costs (excluding SBP)

Group unit cost per platinum ounce produced excluding share-based payments rose by 10.8% from the previous quarter a year ago primarily due to the recent impact of the 10% wage settlement and the continuation of high electricity tariff increases.
31-Oct-2011
(Official Notice)
Implats announce the appointment of Almorie Maule as an independent non-executive director to the board of directors of the company effective from 1 November 2011.

28-Oct-2011
(Official Notice)
Implats announced the resignation of Ms MV Mennell as an independent non- executive director of the board of directors of Implats (the "board") with effect from 26 October 2011.
26-Oct-2011
(Official Notice)
At the annual general meeting of Implats shareholders held on 26 October 2011, all the ordinary and special resolutions proposed in the annual report sent to shareholders on 25 August 2011 were passed by the requisite majority.
14-Oct-2011
(Media Comment)
Business Report quoted Zimbabwean President Robert Mugabe as saying that the transfer of a 10% stake in Implats' Zimbabwean unit Zimplats to a community trust and a USD10 million donation "a start". Mr Mugabe commented that he would have expected more from such a large company though.
16-Sep-2011
(Official Notice)
Further to the final cash dividend declared on 25 August 2011 and payable on 19 September 2011, notice of which was released on SENS on 25 August 2011, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is R11.7690 to GBP1.00. This equates to a final cash dividend of GBP35.6870 pence per share to United Kingdom registered shareholders.
15-Sep-2011
(Official Notice)
Further to the announcement dated 9 September 2011, Implats confirms that the Zimbabwean Minister of Youth Development, Indigenisation and Empowerment (the "Minister") has agreed that its Zimbabwean subsidiary, Zimbabwe Platinum Mines (Pvt) Ltd ("Zimbabwe Platinum Mines"), has until 15 November 2011 to submit a revised Indigenisation Plan. The threat of Zimbabwe Platinum Mines' operating licence being cancelled has therefore fallen away. Implats will continue to inform shareholders of on-going material developments.
15-Sep-2011
(Media Comment)
Business Day reported that Implats CEO David Brown said in an interview that "the threat of a licence cancellation is not there" regarding its operations in Zimbabwe. Brown commented that the possible cancellation of Implats' operating licence in Zimbabwe because of its failing to meet a requirement that the company sell a stake to locals has fallen away. Implats has until 15 November 2011 to submit a revised application.
09-Sep-2011
(Official Notice)
Further to the announcement dated 23 August 2011, Implats confirmed that its Zimbabwean subsidiary, Zimbabwe Platinum Mines (Pvt) Ltd ("Zimbabwe Platinum Mines"), received a letter dated 6 September 2011 from the Zimbabwean Minister of Youth Development, Indigenisation and Empowerment (the "Minister") in which the Minister advised that Zimbabwe Platinum Mines' Indigenisation Plan did not meet the minimum requirements of the law and that accordingly, the Minister had requested the Zimbabwean Minister of Mines to cancel Zimbabwe Platinum Mines' operating licence. This development follows several meetings between management and the relevant authorities regarding Zimbabwe Platinum Mines' Indigenisation Plan.



Shareholders are advised that the Zimbabwe Platinum Mines' operating licence has not been cancelled and discussions between management and the relevant authorities in this regard are on-going despite the Minister's letter of 6 September 2011. Implats will continue to inform shareholders of on-going material developments.
29-Aug-2011
(Media Comment)
The Sunday Times Business Times reported that Implats' Zimbabwean unit, Zimplats, was in talks with that country's government after authorities rejected its black empowerment proposals. Zimbabwe's government has given several foreign-owned banks and mines two weeks to submit new plans on how they will transfer majority stakes to local blacks or risk losing their business permits.
25-Aug-2011
(Official Notice)
Implats posted copies of its integrated annual report incorporating the annual financial statements for the year ended 30 June 2011 to shareholders on Thursday, 25 August 2011. Notice was also given that the fifty-fifth annual general meeting of shareholders of Implats will be held at the company's head office in the Boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg on 26 October 2011 at 11:00 to transact the business as stated in the notice of annual general meeting.
25-Aug-2011
(C)
Revenue for the year increased to R33.1 billion (2010: R25.4 billion). Gross profit rose to R11.6 billion (2010: R8.2 billion), profit from operations grew to R10.2 billion (2010: R7 billion), while profit attributable to owners of the company strengthened to R6.6 billion (2010: R4.7 billion). Furthermore, headline earnings per share was higher at 1 105cps (2010: 786cps).



Dividends per share

A final cash dividend of 420cps has been declared in respect of the year ended 30 June 2011.



Prospects

Despite the welcome recovery in metal prices experienced during 2010, the current and future environment is not without its challenges - 2011 has seen the re-emergence of EU debt concerns, little sign of meaningful recovery in the US and the impact of the tragic earthquake and tsunami in Japan. These, together with persistently higher oil prices and the threat of inflation, will continue to exert a negative influence on the prospects of world economic recovery. Notwithstanding the macro challenges faced by the developed economies, the resilience displayed in emerging markets should continue to drive demand for all commodities. Growing demand for vehicles in emerging economies, together with tighter emission legislation throughout the world, is likely to underpin strong fundamental demand for PGMs in the medium term. A challenging supply environment will result in tight market conditions going forward. The group is positioned to benefit from this environment. The key to this is a stable and long-lasting production platform. The delivery of the new mining projects at Impala Rustenburg will provide this base. In Zimbabwe the Phase 2 expansion at Zimplats will support our growth aspirations to over 2 million ounces of platinum per annum by 2014.
23-Aug-2011
(Official Notice)
Implats confirmed that its Zimbabwean subsidiary, Zimbabwe Platinum Mines (Pvt) Ltd ("Zimbabwe Platinum Mines"), and its joint venture, Mimosa Platinum (Pvt) Ltd ("Mimosa Platinum") (collectively "the companies") received letters dated 17 August 2011 from the Zimbabwean Minister of Youth Development, Indigenisation and Empowerment (the "Minister") informing the companies that their Indigenisation Plans had been rejected. Zimbabwe Platinum Mines has been given fourteen days to provide the Minister with reasons as to why its business operation licence should not be cancelled, whereas Mimosa Platinum has been given fourteen days to submit a revised Indigenisation Plan. Discussions between management and the relevant authorities in this regard are on-going and shareholders will be advised of any future developments. Shareholders should note that several other companies from the mining, financial and industrial sectors, have received similar letters to the ones received by the companies.
12-Aug-2011
(Official Notice)
Shareholders are advised that Implats' headline earnings per share (HEPS) and basic earnings per share (EPS) for the financial year ended 30 June 2011 are expected to be between 1 075 and 1 115 cents which is between 37% and 42% higher than that of the financial year ended 30 June 2010 (HEPS and EPS of 786 cents per share). The increase in HEPS and EPS is due to higher dollar metal prices and increased sales volumes. The company's annual audited financial results will be released on 25 August 2011.
27-May-2011
(Official Notice)
Marula Platinum (Pty) Ltd ("Marula"), a subsidiary company in which Implats has a 73% interest, has continued to underperform against the operational targets that management has set. Recent underperformance is due to logistical constraints as a result of the conversion from mechanised to conventional mining at Clapham shaft. Driekop shaft continues to perform well. As a consequence, the company is undertaking a full strategic review of this business. Initial indications are that Marula should remain a 70 000 platinum ounces per annum producer for the next two years as opposed to growing to 95 000 ounces of refined platinum by 2013. This will enable the completion of the conversion project.



This strategy entails an increased focus on development to open up mineable face, and logistical initiatives such as the relocation of trackless workshops to underground and the extension of the chairlift to surface. Given that the mine is currently staffed for a higher level of production, the company is now in the process of investigating right sizing of the cost base for the lower level of production. This will result in staff reductions. Accordingly, a Section 189 process in terms of the Labour Relations Act, Act 66 of 1995, has been initiated giving Marula sixty days to engage in a consultative process with key stakeholders with the intention of mitigating the potential impact on employees.

13-May-2011
(Official Notice)
11-Mar-2011
(Official Notice)
Further to the interim cash dividend declared on 17 February 2011 and payable on 14 March 2011, notice of which was released on SENS on 17 February 2011, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is R11.1619 to GBP1.00. This equates to an interim cash dividend of 13.4386 pence per share to United Kingdom registered shareholders.
24-Feb-2011
(Official Notice)
Implats announce the appointment of Brenda Berlin as Chief Financial Officer of the Group and as Executive Director to the board of directors of Implats. She will assume her responsibilities in this capacity with immediate effect.
17-Feb-2011
(C)
Revenue was 38% higher, at R15.3 billion (R11.1 billion) for the six months to 31 December 2010. Gross profit rose to R5 billion (R3.1 billion). Net attributable profit increased to R2.1 billion (R1.3 billion). In addition, basic headline earnings improved by 63% to 345cps from 212cps previously.



Dividend

An interim ordinary dividend of 150cps has been declared.



Outlook

The growing influence of the emerging market economies and the injection of further liquidity in the US augurs well for a sustained recovery in world markets. These coupled with the containment of Europe's debt problems and challenging supply prospects will result in tight market conditions for both platinum and palladium. In line with this the rhodium market is expected to move back to balance. The improved operational recovery coupled with the capital and expansion projects position the company well to benefit from the improving economic environment.
27-Jan-2011
(Official Notice)
Shareholders are advised that Implats' headline earnings per share (HEPS) and basic earnings per share (EPS) for the six months ended 31 December 2010 are expected to be between 329 and 350 cents which is between 55% and 65% higher than that of the six months ended 31 December 2009 (EPS and HEPS of 212 cents).



The increase in HEPS and EPS is due to higher metal prices and sales volumes.It should be noted that the earnings were tempered by the strengthening of the rand over the reporting period. The financial information on which this trading statement is based has not been reviewed by the external auditors of Implats. The company's six months financial results will be released on 17 February 2011.
17 Jan 2011 13:08:26
(Official Notice)
Implats announced the resignation of Dawn Earp as chief financial officer of the group and as an executive director of the board with immediate effect. Dawn has left to pursue other interests and the board wished her well in her future endeavours. Francois Naude, currently group executive finance, will act as chief financial officer until a new permanent appointment is made.
17 Nov 2010 16:17:21
(Official Notice)
01 Nov 2010 17:03:42
(Official Notice)
Implats announced the retirement of Les Paton as an executive director of the board with effect from 31 October 2010.
19 Oct 2010 14:06:37
(Official Notice)
At the annual general meeting of Implats shareholders held on 19 October 2010, all the ordinary and special resolutions proposed in the annual report and sent to shareholders on 26 August 2010 were passed by the requisite majority. The special resolution relating to a general authority to repurchase the company's securities will be lodged with the Companies and Intellectual Property Registration Office for registration.
11 Oct 2010 12:04:45
(Official Notice)
Shareholders are referred to the cautionary announcement dated 30 September 2010 and are advised that as negotiations have been terminated, caution is no longer required to be exercised by shareholders when dealing in the company's securities.
06 Oct 2010 16:46:38
(Official Notice)
Implats announce the appointment of Mandla Gantsho and Babalwa Ngonyama as independent non-executive directors to the board of directors of the company with effect from 1 November 2010.

30 Sep 2010 14:47:24
(Official Notice)
Shareholders are advised that Implats has entered into discussions regarding a potential transaction which, if successfully concluded, may have a material effect on the price of Implats' securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
17 Sep 2010 15:09:19
(Official Notice)
Further to the final cash dividend declared on 26 August 2010 and payable on 20 September 2010, notice of which was released on SENS on 26 August 2010, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is R11.0871 to GBP1.00. This equates to a final cash dividend of GBP24.35pps to United Kingdom registered shareholders.
27 Aug 2010 08:55:14
(Media Comment)
According to Business Report, Impala Platinum planned to invest R20 billion in projects to help raise output to 2.1 million ounces of platinum a year by 2014 from 1.74 million ounces last year, to benefit from rising prices. According to company chief executive David Brown, the company might add to borrowings in two or three years, depending on exchanges. Implats might boost output at its eponymous mine operations to about 940 000 ounces this fiscal year from 871 000 ounces last year.
26 Aug 2010 16:36:18
(Official Notice)
Implats posted copies of its integrated annual report incorporating the annual financial statements for the year ended 30 June 2010 to shareholders today. Notice is hereby given that the fifty-fourth annual general meeting of shareholders of Implats will be held at the company's head office in the boardroom, 2nd Floor, 2 Fricker Road, Illovo, Johannesburg at 11:00 on Tuesday, 19 October 2010 to transact the business as stated in the notice of annual general meeting.
26 Aug 2010 09:13:26
(C)
Revenue reduced by 3% to R25.4 billion from R26.1 billion. Gross Profit decreased to R8.2 billion (June 2009: R9.8 billion), and profit attributable to owners of the company declined to R4.7 billion (June 2009: R6 billion). Headline earnings for the financial year declined by 22% to 786cps, from 1 001cps.



Dividend

A final cash dividend of 270cps has been declared in respect of the financial year ended 30 June 2010.



Prospects

The risks of returning to global recessionary conditions are decreasing through the concerted efforts of world governments to stimulate their economies. Notwithstanding this, it is forecast that a year of unenthusiastic economic growth can be expected prior to a full revival of the world economy. Given this scenario the platinum market is expected to remain in deficit for 2010, and remain as such thereafter as growing heavy duty diesel demand for platinum will encounter a challenging supply environment. The group is positioned to benefit from improved medium- to long-term fundamentals for PGMs. The key to this is a stable and long-lasting production platform. The delivery of the new mining projects at Impala Rustenburg, the first of which is scheduled to commence production next year, provides this base. Growth opportunities exist throughout the Group. These will be developed in line with our growth profile to 2.1 million ounces of platinum by 2014.
20 Aug 2010 10:05:35
(Official Notice)
Implats announced the appointment of O'lebogang Mpueleng Pooe as a non-executive director and Hugh Cameron as an independent non-executive director to the board of directors of the company.
12 Aug 2010 16:01:54
(Official Notice)
Shareholders were advised that Implats' headline earnings per share (HEPS) and basic earnings per share (EPS) for the financial year ended 30 June 2010 are expected to be between 750 and 800 cents which is between 20% and 25% lower than that of the financial year ended 30 June 2009 (HEPS and EPS of 1 001 cents). A key factor in the decline of the HEPS and EPS was the increase in the share based expense (net of taxation) of R335 million in the current year, compared to a credit in the prior year of R648 million. This is equivalent to a movement of 164 cents per Implats share. The company's annual audited financial results will be released on 26 August 2010.
05 Aug 2010 17:59:11
(Official Notice)
Implats is pleased to announce the appointment of Terence Goodlace as a non- executive director to the board of directors of the company with immediate effect. Terence brings with him extensive mining experience having worked in the mining industry since the early 1980's. He is currently the CEO of Metorex Ltd prior to which he held several senior positions with Gold Fields Ltd and was a member of their executive committee.
28 May 2010 15:21:55
(Official Notice)
Implats announces the resignation of Ms Fatima Jakoet as an independent non-executive director from the board of directors ("the board") with immediate effect and thanks her for her contribution during her tenure. The board is currently engaged in a process to consider and appoint new board members.
17 May 2010 15:31:14
(Official Notice)
14 May 2010 15:02:19
(Official Notice)
Implats announced the appointment of Gerhard Potgieter as Group Executive: Growth Projects and Consulting Mining Engineer with effect from 1 July 2010. He will report directly to David Brown, the CEO and will take responsibility for leading the company's capital projects portfolio and will serve as a member of the executive committee as well as on various operational boards.
30 Apr 2010 15:31:54
(Official Notice)
In accordance with the United Kingdom Financial Services Authority`s Disclosure and Transparency Rules, the Company advises that its issued share capital comprises 631 714 020 ordinary shares of 2.5 South African cents each. The voting rights of all of these shares are identical with each share carrying the right to one vote.



The company holds 16 233 994 shares in Treasury. The voting rights of treasury shares are automatically suspended. Accordingly, there are voting rights of 615 480 026. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interest in Implats under the Disclosure and Transparency Rules.

29 Mar 2010 09:14:24
(Media Comment)
According to Business Report, Implats has agreed to invest USD500 million in expanding its Zimbabwean operations once the country clarifies laws forcing companies to be 51% owned by black investors. The expansion will add two million tons per annum to production. Implats is also seeking information about the laws, the ending of a tax dispute, and the assumption of debt owed by the Zimbabwean Central Bank to the government.
12 Mar 2010 14:09:11
(Official Notice)
Further to the interim cash dividend declared on 18 February 2010 and payable on 15 March 2010, notice of which was released on SENS on 18 February 2010, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is R11.1831 to GBP1.00. This equates to an interim cash dividend of GBP10.73pps to United Kingdom registered shareholders.
11 Mar 2010 14:02:13
(Official Notice)
Implats announced the resignation of Mr Steve Phiri as a non-executive director of the board of directors of Implats with immediate effect. Mr Phiri was appointed onto the Board in June 2007 as a nominee of Royal Bafokeng Holdings (Pty) Ltd.
18 Feb 2010 08:47:12
(C)
Revenue for the period reduced by 32% to R11.1 billion from R16.2 billion for December 2008.The gross profit for the six months ending 30 June 2009 was R2.3 billion with a gross margin of 24%. In the period under review the gross profit improved to R3.1 billion with a gross margin of 28%. Headline earnings per share for the period was 212 cents compared to 877 cents for 2008. Despite the decrease in headline earnings per share of 76%, the board agreed to maintain the dividend at the same level as the previous interim dividend of 120 cents per share.



Prospects

As the first signs of a global economic recovery become apparent, the prospects for industrial demand looks promising coupled with the recent launch of a US platinum and palladium Exchange Traded Fund and another year of constrained supply will result in tight market conditions for both metals. Despite growing demand rhodium's ample liquidity will keep prices in check. Despite difficult conditions Implats has retained a strong balance sheet and maintained a continuous dividend flow to shareholders. This is a reflection of operational recovery and improved market fundamentals. In addition, the group's cost performance which has been impacted by lower volumes at Impala Rustenburg, is still regarded as one of the best in the industry. The positive developments at this operation, an unchanged five year capital expenditure programme of R23 billion and a steady growth profile to 2.1 million ounces of platinum by 2014 place Implats in a strong position to take advantage of the improving economic environment.
16 Feb 2010 16:20:07
(Official Notice)
Implats announced the appointment of Paul Dunne as an executive director to the Implats board with immediate effect.
01 Feb 2010 16:02:57
(Official Notice)
Shareholders are advised that Implats' headline earnings per share and basic earnings per share for the six months ended 31 December 2009 are expected to be between 200 and 220 cps which is between 75% and 77% lower than that of the six months ended 31 December 2008 (EPS of 877 cps, HEPS of 876 cps). The expected decrease in the HEPS and EPS is primarily due to the significant decrease in relative metal prices. Furthermore, as a result of the 19% increase in the Implats share price from 30 June 2009 to 31 December 2009, the share based payment charge (net of taxation) amounted to R560 million in the current period, compared to a credit in the prior period of R976 million.



The company's six months financial results will be released on 18 February 2010.
13 Nov 2009 12:32:01
(Official Notice)
Higher production from the Zimbabwean operations, increased deliveries to Impala refining services and changes in the pipeline, as stocks were cleared during the strike action, resulted in a 6% increase in gross refined platinum production period on period to 413 000 ounces. Palladium and rhodium rose by 22% and 20% respectively.



At the lease area tonnes milled declined by 26% to just under 3 million due to the closure of all mechanised sections following the 14 Shaft incident and the two-week strike during September. As a result platinum production declined by similar levels with the loss of 25 000 ounces from the safety stoppages and a further 50 000 ounces due to the industrial action. The change in the mining layout in the mechanised sections will further impact production in the current year by another 25 000 ounces.



The closure of the mechanised sections impacted Merensky production which fell by 17% to 39% of throughput. Despite this the overall grade at the operation improved as a result of the focus on quality mining. On-reef development continues to receive the attention of the operational team. As a result of the 14 Shaft incident and the strike, production for FY2010 is expected to be down by 100 000 ounces of platinum to 850 000. Annualised production of 1 million ounces of platinum will be achieved within the next five years. The lower production volumes will adversely impact unit costs during the first half of the current year.
11 Nov 2009 17:20:20
(Official Notice)
The board of directors of Implats announced the appointment of Dr Khotso Mokhele as chairman of the board with immediate effect. Dr Mokhele replaces Mr Michael McMahon who has been acting chairman to date.
06 Nov 2009 12:27:55
(Official Notice)
Implats announces the resignation of Dr Fred Roux as an independent non-executive director of the board with immediate effect.
29 Oct 2009 15:21:10
(Official Notice)
The Implats board of directors advised that it will consider the appointment of Dr Khotso Mokhele as its new chairman at the board meeting to be held on 11 November 2009. Dr Mokhele has indicated his intention to accept a nomination and subsequent election as chairman, should the board so resolve. It is anticipated that Dr Mokhele's appointment will be effective from 11 November 2009 and on such date he will replace Mr Michael McMahon who is currently acting chairman of the board.
22 Oct 2009 14:33:49
(Official Notice)
Implats has resolved, after some deliberation, that Dr Fred Roux will no longer continue as chairman of Implats with immediate effect. In the interim, Mr Michael McMahon will assume the role of acting chairman until a permanent appointment is made.
22 Oct 2009 14:32:24
(Official Notice)
At the annual general meeting held on 22 October 2009, all the ordinary and special resolutions proposed in the annual report and sent to shareholders on 27 August 2009 were passed by the requisite majority. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
28 Sep 2009 08:51:21
(Media Comment)
Impala platinum was sticking to it's goal of eliminating fatalities by 2012 despite suffering a safety "hammer blow" this year, Implats chief executive David Brown said on Friday. It has reported 17 fatalities this calendar year: This is the worst record in platinum mining, particularly as a result of a rock-burst at it's Impala Lease mine that claimed nine lives in July. Safety at Implat's mines was more important than producing platinum. "Safety must come first," he said. "If mining safely reduces production for this financial year then that is what we will do. "Safety is not just a management issue, it is a tripartite process that includes the unions' the workers and management. All three of those legs need to be working in concert." Brown said.
18 Sep 2009 14:13:05
(Official Notice)
Further to the final cash dividend declared on 27 August 2009 and payable on 21 September 2009, notice of which was released on SENS on 27 August 2009, the rand to sterling conversion rate that will be used in calculating the sterling amount payable to shareholders registered in the United Kingdom section of the share register is R12.1622 to GBP1.
08 Sep 2009 13:14:42
(Official Notice)
The work stoppage at Implats has ended, with all striking employees returning to work effective from the night shift on 7 September 2009. Following on from discussions with the National Union of Mineworkers (NUM) and other employee representatives over the past few days, employees have accepted the company's wage proposals and elected to return to work. The company still believes that in light of the current economic situation and a strong decline in the CPI to 6.7%, that this offer is fair and reasonable and hope to sign a final agreement with all the employee representatives soon. Strike action is never a desired outcome, with severe consequences for both the employer and the employees. Implats remains committed to resolving all the underlining relationship issues between its employees, the unions and the company. In particular, the group denounce, in the strongest possible terms, the level of violence that has accompanied this particular work stoppage. The principle of no work no pay will apply to the full duration of the work stoppage and disciplinary action will be taken against all individuals found guilty of intimidation, violence and property damage.
02 Sep 2009 15:32:53
(Official Notice)
Implats and the National Union of Mineworkers (NUM) have met on several occasions to resolve the current wage dispute and strike action. Some of the NUM branches have accepted the current offer and have returned to work.
27 Aug 2009 09:33:55
(C)
The plight of the global economy impacted financial performance and sales for the 2009 financial year decreased by 31% to R26.1 billion from R37.6 billion in the previous financial year. In dollar terms, sales were 41% lower at USD3.0 billion. Headline earnings for the financial year decreased by 52% to 1 001c per share, from 2 065c per share in the 2008 financial year.



Dividend

Dividend payments totalling R7.8 billion were made during the year. A final cash dividend of 200cps has been declared in respect of the financial year ended 30 June 2009.



Prospects

In the shorter term, management believe the platinum market will remain close to a position of balance, with lower supply being welcome given the demand destruction in the automobile industry. The next financial year will be a difficult one due to the slow recovery of the world economy, and improved sentiment will only likely be seen towards the end of this period resulting in a resurgence in the market. The challenge in the interim is for the group to position itself to take advantage of the next upturn. Management are currently focusing on ensuring a stable production base in the short-term. Looking forward, there are several organic growth opportunities available to the group, and these will be embarked upon as soon as funding constraints abate and the timing is right. Given an improved environment in Zimbabwe, it will be possible in due course to increase platinum production significantly. This organic growth potential, taken together with that of the South African operations, will ensure that future growth will not be constrained. Further opportunities to add to the resource base will continue to receive attention as will opportunities to utilise smelting and refining assets for third party processing.
25 Aug 2009 12:51:10
(Official Notice)
Implats confirms that there is a work stoppage at the company's Rustenburg Operations. The stoppage involves most underground employees. This stoppage occurred despite the union's suspension of its strike notice over the weekend following the agreed wage settlement of a 10% increase to all unionised employees. The situation is exacerbated by the fact that no demands have been made of management by the striking workers. The work stoppage appears to be related to communication between the union and its members. Both Marula and the Refining operations continue to run as normal. Further announcements will be made in due course.
21 Aug 2009 14:18:40
(Official Notice)
Shareholders are advised that Implats' headline earnings per share for the year ended 30 June 2009 are expected to be between 980c and 1020c. This is lower than that of the financial year ended 30 June 2008 (2065c) due to the significant decrease in metal prices. Basic earnings per share are expected to be between 980c and 1020c. This is lower than the previous comparable period, being the year ended 30 June 2008 (2910c) which included the profit on disposal of Implats' shareholdings of 8.6% in Aquarius Platinum Ltd and 20% in Aquarius Platinum (South Africa) Pty Ltd. The financial information on which this trading statement is based has not been audited by the external auditors of Implats. The company's audited year end financial results will be released on 27 August 2009.
11 Aug 2009 09:59:25
(Media Comment)
The Sunday Times Business Times reported that Implats' Zimbabwean division, Zimplats, recorded a 25% surge in second-quarter revenue. This was a result of higher metal prices.
05 Aug 2009 10:40:54
(Media Comment)
Business Report noted that the government has lifted a suspension order on four Implats mine shafts two weeks after nine workers were killed in an accident. Spokesman Bob Gilmour said it would take "a few days yet" before production resumed.
21 Jul 2009 11:57:01
(Official Notice)
Implats announced a major fall of ground incident which occurred at approximately 12:00pm on 20 July 2009 in one of the mechanised panels at 14 Shaft in Rustenburg. All nine employees trapped by the rock fall were fatally injured and have been recovered from the shaft complex. The company is presently in the process of informing the families in consultation with the National Union of Mine Workers.
21 Jul 2009 08:44:37
(Official Notice)
Implats advises with regret that during the course of the night, and in consultation with the Department of Mineral Resources and the National Union of Mine Workers, it became necessary to change our focus from rescue to recovery. We can confirm at this stage that seven employees have been fatally injured. Rescue teams remain at the scene searching for the remaining two unaccounted employees.



20 Jul 2009 14:54:19
(Official Notice)
Implats advises with deep regret that a major fall of ground occurred at 14 Shaft in Rustenburg resulting in multiple fatalities. The incident occurred at approximately 12:00pm (20 July 2009).
26 Jun 2009 09:15:19
(Media Comment)
Business Report noted that Implats might face labour action after the National Union of Mineworkers ("NUM") declared a dispute over pay. The NUM has referred the dispute to a government mediator after Implats rejected an increase of 20%. Implats is offering 6.5% instead.
09 Jun 2009 11:48:01
(Official Notice)
Impala advises that Mr L C van Vught has resigned as an independent non-executive director from the board of the company with effect from 30 June 2009. Mr van Vught joined the Implats board in 2004 and during his tenure he served on both the Remuneration and Audit Committees. The company would like to express its sincere thanks to Mr van Vught for his invaluable contribution to the company over the last number of years.
18 May 2009 11:09:42
(Official Notice)
04 May 2009 15:18:07
(Media Comment)
Business Times reported that Implats' Zimbabwean unit, Zimplats Holdings, recorded a first-quarter operating profit of USD1.1 million. The division has secured a USD35 million loan to fund its expansion and its profit was a turnaround from the previous quarter's loss. Higher prices and lower costs boosted profit.
01 Apr 2009 16:07:06
(Official Notice)
Implats announces the appointment of Mr Niall Carroll with effect from 1 April 2009 as an alternate director to Mr Thabo Mokgatlha on the board of directors of Implats.
19 Feb 2009 12:41:53
(C)
Revenue for the period ending December 2008 reduced by 0.5% to R16.2 billion (USD1.96 billion) from R16.3 billion (USD2.36 billion) for the comparative period ending December 2007. The group's operating margins remained stable at 45.7% (46.7%), despite operating and economic difficulties experienced. Implats reported headline earnings of 877cps (771cps).



Dividend

An interim cash dividend of 120cps has been declared in respect of the half-year ended 31 December 2008.



Prospects

With world economies and their financial systems still on life support, it is increasingly difficult to forecast the outcome for 2009. Suffice to say management do not expect any major recovery in automotive demand. In this environment, and with reduced metal availability from South Africa, Russia and perhaps more significantly the recycle market (both automotive and jewellery), Impala expect the market to register a small surplus for 2009. In summary, the dire economic circumstances belie the more positive fundamentals for PGM's that have often been articulated. However board believe the confidence needed to restore the health of this market may prove elusive during the bulk of the year.
14 Jan 2009 12:20:22
(Official Notice)
The proposed acquisition by Implats of the entire issued share capital of Mvelaphanda Resources Ltd ("Mvela Res") and Northam Platinum Ltd ("Northam") through a series of inter-conditional transactions. Shareholders are advised that due to the current global economic climate as well as the ongoing volatility in commodity and equity prices, the parties have not been able to agree on exchange ratios for the implementation of the proposed transaction. Negotiations have therefore been terminated. Shareholders of Mvela Res, Northam and Implats are advised that the cautionary announcement published on 19 November 2008 has been withdrawn and no longer required to exercise caution in their share dealings.
13 Jan 2009 09:01:10
(Media Comment)
According to Business Report, Implats may reduce its offer for Mvelephanda Resources Ltd and Northam Platinum Ltd ("Northam") by almost R8 billion due to a plunge in platinum prices and a fall in Northam's share price. An unnamed shareholder commented that a lower ratio of Implats shares for Northam shares would be better. In addition, analysts expect that if prices of platinum group metals (PGMs) do not recover, Implats could pull out of the deal in order to conserve its R10.4 billion cash holding.
07 Jan 2009 09:12:59
(Official Notice)
Shareholders of Mvelaphanda Resources Ltd ("Mvela Resources"), Northam Platinum Ltd ("Northam") and Implats are referred to the joint cautionary announcement by the three companies dated 19 November 2008 regarding the proposed acquisition by Implats of the entire issued share capital of Mvela Resources and Northam through a series of inter-conditional transactions. Shareholders will be notified of any further developments in due course and are advised to continue to exercise caution in their share dealings until a further announcement is made.
20 Nov 2008 16:04:30
(Official Notice)
Given the current global financial crisis and economic downturn, the rapid decline in platinum group metal prices coupled with lower cash receipts and the increased volatility within the capital markets, Implats has suspended its share buy-back programme. As at the 19 November 2008, the company had completed 18.6% of the programme amounting to 5 562 545 shares at a cost of R723.8 million.



Cash preservation is the company's major focus in the current environment and both the board and management are reviewing capital expenditure plans, additional cost saving initiatives and all projects including the Marula Merensky and Afplats (Leeuwkop) projects. These projects amounted to R9.7 billion in our original five year R30 billion capital expenditure plan. The company will keep the market informed of further developments.
19 Nov 2008 17:37:14
(Official Notice)
Shareholders are referred to the joint announcement by Mvela Resources, Northam and Implats dated 2 October 2008 and the subsequent announcements by Mvela Resources and Northam dated 20 October 2008 and 27 October 2008, regarding the proposed acquisition by Implats of the entire issued share capital of Mvela Resources and Northam through a series of inter- conditional transactions. Shareholders are advised that due to the current global financial crisis and economic downturn, the decline in platinum group metal ("PGM") prices, and the increased volatility within the capital markets, it has become increasingly difficult for the Parties to determine an exchange ratio that would be satisfactory to the shareholders of Implats, Mvela Resources and Northam at this time. Although platinum and other PGMs are trading at 3 year lows, the long-term outlook for the platinum sector remains positive. The parties continue to believe in the strategic rationale and benefits of the proposed transaction which would uniquely position the combined Implats, Mvela Resources and Northam group as a leading South African-listed company with meaningful empowerment credentials and a diverse portfolio of platinum assets. Implats remains interested in pursuing a transaction with Mvela Resources and Northam. However, Implats is not able to proceed with the proposed transaction on the basis of an exchange ratio of 35 Implats shares for every 100 Northam shares in the current market environment. Implats' due diligence investigation of Mvela Resources and Northam has been satisfactorily concluded. The parties believe in the merits of the proposed transaction and are continuing discussions. Shareholders of Mvela Resources, Northam and Implats are advised to exercise caution in their share dealings until a further announcement is made.
23 Oct 2008 12:31:21
(Official Notice)
At the annual general meeting held on 23 October 2008, all the ordinary and special resolutions proposed in the annual report and sent to shareholders on 28 August 2008 were passed by the requisite majority. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
02 Oct 2008 17:01:59
(Official Notice)
12 Sep 2008 16:16:50
(Official Notice)
Shareholders of Implats are advised that the company has entered into discussions with Mvelaphanda Resources Ltd and Northam Platinum Ltd to create a South African controlled platinum champion. A transaction, if successfully concluded, may have a material impact on the price of Implats securities. Shareholders are therefore advised to exercise caution in their dealings in securities until a further announcement is made.
11 Sep 2008 08:58:39
(Media Comment)
According to the Financial Mail, the shortage of electricity has forced Implats to reassess its midterm production target. CEO David Brown said that Eskom has not been able to guarantee that adequate power will be provided for the planned Marula Merensky project. As a result, Implats now aims to produce 2.5 million ounces of platinum by 2015, instead of 2012.
28 Aug 2008 08:38:52
(C)
Revenue increased 19% to R37.6 billion (R31.5 billion). Profit from operations rose to R16.6 billion (R12.3 billion) and net profit attributable to ordinary shareholders more than doubled to R17.6 billion (R7.2 billion). Headline earnings was 57% higher at 2 065cps (1 313cps).



Dividend

A final ordinary dividend of 1 175cps has been declared.



Prospects

The focus in 2009 ahead will be on safety, the retention of skills and increasing production. The group anticipates platinum production increasing in FY2009 as ramp-up projects continue to grow. Cost pressures will continue and cost increases are likely to be higher than in FY2008. Capital expenditure is expected to rise to R8 billion in 2009. Implats anticipates the market to move closer to balance in the short-term. While global jewellery demand - for both platinum and palladium - has fallen in response to higher price levels, and the fuel price is steering the choice of vehicles towards smaller cars in the United States and Europe, car sales in China, India and elsewhere in Asia remain strong. Despite the current economic slowdown, demand fundamentals remain sound in the medium to long-term.
27 Aug 2008 09:33:10
(Media Comment)
Business Day noted that Implats spokesman Bob Gilmour would not comment on speculation that the group and Aquarius Platinum Ltd have planned to launch a GBP5 billion bid for Lonmin plc. London's Daily Telegraph reported that the two companies have postponed their bid because they were unable to offer more than the GBP33.00 a share that Xstrata has offered.
15 Aug 2008 08:05:33
(Media Comment)
Business Day noted that shares in Implats gained 7.77% on Thursday, 14 August 2008. The stock closed at R233.00 on speculation of an offer for the company from BHP Billiton plc ("BHPBill"). Online news agency Miningmx reported that BHPBill could make the bid so that the miner can diversify into platinum.
06 Aug 2008 15:33:44
(Official Notice)
Shareholders are advised that Implats` basic earnings per share for the full year ending 30 June 2008 are expected to be 115% - 125% higher than that of the last financial year ended 30 June 2007. Headline earnings per share will be between 50% - 60% higher than the previous comparable period, being the year ended 30 June 2007. The audited financial results will be published on 28 August 2008.
23 Jul 2008 08:18:12
(Media Comment)
According to Business Day, Implats' Zimbabwean subsidiary, Zimplats Holdings ("Zimplats"), was cooperating with the country's central bank after an audit made unspecified allegations. Zimplats told the Australian Stock Exchange it rejected allegations concerning a USD115 million liability to the Zimbabwean government.
16 Jul 2008 10:01:11
(Media Comment)
Business Day reported that Implats has formed an alliance with Australia's Impact Minerals. The two companies will explore and develop nickel-platinum deposits in southern Africa.
26 Jun 2008 15:42:52
(Official Notice)
The current position in Zimbabwe is creating a difficult operating environment. However, Implats' operations in this country continues to operate well in extremely trying conditions. In addition, the weakening economy has reduced the group's options of supporting local suppliers as well as having a damaging impact on the country's infrastructure. Implats had in the past stated that an improvement in the socio-economic arena would facilitate a more stable investment climate and result in significant investment in developing the resources under its control with the resulting prospect of large scale employment.



Shareholders are warned of the risks associated with Implats' investments in Zimbabwe, but can be assured that Implats remains willing to be part of any solution that could possibly lead to an improvement of the socio-economic environment.
05 Jun 2008 07:53:25
(Media Comment)
Implats has secured enough power from Eskom to proceed with three new shafts in Rustenburg for its Leeuwkop project, said executive director Shadwick Bessit. Business Day reported that the most recently approved shaft is the No 17, costing R5.5 billion excluding escalations, and was approved by the board in February. However, it was still uncertain whether the R3 billion Leeuwkop project would be approved without assurance of Eskom's ability to provide an additional 60MVA of electricity.
16 Apr 2008 08:20:14
(Official Notice)
Shareholders are advised that Implats has entered into agreements with Aquarius Platinum Ltd ("Aquarius") and Aquarius Platinum (South Africa) (Pty) Ltd ("AQPSA") in terms of which these companies will purchase Implats' entire interest in Aquarius and AQPSA respectively, through share buybacks. The combined cash consideration for both transactions amounts to approximately USD744 million (excluding Secondary Tax on Companies ("STC") credits). The salient terms of the transaction are outlined below.



Salient terms of the transactions

Aquarius buyback Aquarius will purchase Implats' holding of 21.4 million shares (approximately 8.4% of Aquarius' issued share capital) in AQP at a price of GBP6.71 per share for a total consideration of GBP143.8 million pounds (USD285 million). The price was determined by taking a 10% discount to the 30-day volume weighted average price of 7.46 pounds on the close of business on 19 March 2008, the day the parties agreed the terms of the transaction.



AQPSA buyback

AQPSA, a 54% held subsidiary of Aquarius, will purchase Implats' 20% holding in AQPSA for a total cash consideration of USD459 million (excluding STC credits). Implats' board representatives on AQPSA's board, namely Les Paton and Francois Naude, will resign from the AQPSA board on completion of the transaction.



Conditions precedent

The buyback of Implats' 8.4% holding in AQP and its 20% holding in AQPSA are inter-conditional. The transactions are subject to the fulfilment of the following conditions:

*Aquarius and AQPSA obtaining the necessary funding for the share buyback.

*Aquarius, AQPSA and Implats obtaining the necessary South African regulatory approvals for the implementation of the transactions.



Completion date

The transaction is expected to be completed by the 25 April 2008 provided the conditions precedent have been met.
13 Mar 2008 08:02:17
(Media Comment)
Implats said in Business Report that it had agreements in place to deal with the new nationalisation law in Zimbabwe. The company said that it had planned for the law, and that the agreements it had reached included a deal for its majority-owned Zimplats operation, which encompassed a combination of empowerment credits and cash.
11 Mar 2008 08:27:30
(Media Comment)
Implats and Aquarius Platinum Ltd ("Aquarius") fell 5.05% and 17.69% to R106.01 and R329.65, in trading on the JSE on Monday, 10 March 2008, after legislation passed in Zimbabwe that would require foreign companies to offer 51% stakes in assets to black Zimbabweans. According to Business Day, the two companies jointly own the Mimosa mine. Zimbabwe's mining industry is seeking clarification on whether it is covered by the Indigenisation and Economic Empowerment Act, and the CE of the country's Chamber of Mines, Joseph Malaba, said that is not clear whether the new law covers the mining industry.
07 Mar 2008 11:04:43
(Official Notice)
Implats has a primary listing on the JSE and a secondary listing on the Official List of the United Kingdom Financial Services Authority. Application has been made for 75 794 748 Ordinary Shares to be admitted to the Official List and to trading on the London Stock Exchange`s main market for listed securities. The Ordinary Shares rank pari passu with the existing issued ordinary shares of Implats. It is expected that Admission will become effective, and that unconditional dealings in the Ordinary Shares will commence on the London Stock Exchange, at 8.00 a.m. on 12 March 2008.
14 Feb 2008 08:35:29
(C)
Sales for the period ending December 2007 increased by 9.8% to R16.32 billion from R14.86 billion for the six- month period ending December 2006. Headline and basic earnings per share decreased by 6.3% to 771 cents as a result of the additional shares issued to the RBN for the royalty to equity conversion in 2007. Cost of sales was up by 10.6% to R8.69 billion largely as a result of a rise in operating costs.



Dividends

An interim cash dividend of 300 cents per share has been declared in respect of the half-year ended 31 December 2007.



Prospects

The Marula conversion was executed in January 2008 and the section 11 transfer required to complete the transfer of mining rights is expected to be granted by the end of March 2008. Impala Platinum Ltd (Rustenburg) conversion and Afplats (Leeuwkop) mining rights applications are currently awaiting approval from the DME. South African supply constraints due to electric power and people issues coupled with stable to firm automotive demand will result in very tight market conditions in 2008 for both platinum and rhodium. While the outlook for palladium continues to improve, significant above ground stock sales have the potential to be price disruptive.
28-Aug-2006
(Permanent)
The board of directors of Implats resolved, and shareholders approved at the AGM held on 12 October 2006 of a special resolution authorising the subdivision of each ordinary share of 20c each into eight ordinary shares of 2.5c.
07 Jul 2006 09:36:33
(Media Comment)
Implats told Business Day, on 7 July 06, that the group had sold a 7.5% stake in its Marula mine to a group headed by Bridgette Radebe. The deal is valued at R158 million and brings Implats BEE investors to just under 26%.
04 Jul 2006 12:04:46
(Official Notice)
Keith Rumble, chief executive officer, will be leaving the group as at 31 December 2006 to pursue other interests. David Brown, currently chief financial officer, will assume the role of chief executive officer with effect from 1 September 2006 and will work with Keith from this date, until the end of 2006 to ensure an orderly transfer of responsibilities.
04 Jul 2006 12:00:07
(Official Notice)
At the general meeting of Implats shareholders held at 8:00 on Tuesday, 4 July 2006, the ordinary and special resolutions tabled at the meeting to give effect to the transaction were approved by the requisite majorities. The special resolutions have been lodged with the Companies Intellectual Property Registration Office for registration. Application will be made to the JSE for the listing of 2 054 072 new Implats ordinary shares to be allotted and issued in terms of the ESOP. It is anticipated that the additional Implats ordinary shares will be listed from the commencement of business on Friday, 7July 2006.



14 Jun 2006 16:05:04
(Official Notice)
Implats' headline earnings per share for the full year ending 30 June 2006 are still expected to be 20%-30% higher than that of the last financial year as announced at the interim results in February 2006. This is lower than market expectation as a result of lower than anticipated production. Despite record production from the Impala Lease Area, its production was lower than expected due to a combination of grade problems, slower improvements in mining efficiencies and three lost production shifts due to COSATU national stayaways. This was compounded by lower than expected receipts by Impala Refining Services Ltd. The financial results for the year ended 30 June 2006 are expected to be published on 25 August 2006.
08 Jun 2006 09:58:15
(Media Comment)
Business Report noted on 8 June 06 that Implats had come to an agreement with black investors to sell 15% of Marula platinum for R316 million.
05 Jun 2006 11:40:12
(Media Comment)
Implats' share price rose as high has 6% on 2 June 06. Business Day attributed the rise to the group's announcement that it had settled a dispute with the Zimbabwean government.
01 Jun 2006 08:23:18
(Official Notice)
22 May 2006 15:01:17
(Official Notice)
Shareholders of Implats are referred to the detailed terms announcement dated 14 December 2005 regarding a proposed black economic empowerment ("BEE") transaction in respect of Implats.



Shareholders are advised that the requisite legal agreements and documents relating to the BEE transaction have been signed. The BEE transaction remains subject to other conditions precedent as listed in the terms announcement.



A circular setting out full details of the BEE transaction and containing a notice of general meeting is being prepared and is expected to be posted to Implats shareholders in early June.
17 Mar 2006 14:56:15
(Official Notice)
Implats has confirmed that CEO, Keith Rumble held a meeting with his Excellency Cde Robert Mugabe and senior members of the Zimbabwean Government on Wednesday, 15 March 2006. These discussions centred on the recently announced cabinet approved draft proposal relating to ownership of the Zimbabwean platinum industry. These discussions were open and frank and it was confirmed that the draft proposal is still work in progress.
16 Mar 2006 17:26:55
(Official Notice)
Implats announced an expansion to its Mineral Processes' smelting facility which would increase its capacity to 2.8 million ounces of platinum per annum, after taking into account additional drying, converting and gas cleaning capacity at an estimated cost of R750 million. The Implats board has approved an upgrade to the No 4 Furnace, at a cost of R150 million, which will ensure a sustained output of 2.3 million ounces of platinum per annum allowing for planned and unplanned furnace maintenance periods. This project is in line with expansions at Implats' Precious Metals Refinery (PMR) and Base Metals Refinery (BMR) in Springs. Expansion of the PMR from 2.0 to 2.3 million ounces of platinum by 2008 at a cost of R50 million has been approved and a feasibility study to increase the BMR's capacity from 2.0 to 2.3 million ounces is currently underway. Conceptual studies have already been initiated to increase capacity at both the BMR and PMR, initially to 2.5 and subsequently to 2.8 million ounces of platinum.
16 Mar 2006 17:25:41
(Official Notice)
Shareholders are referred to the interim results announcement published on SENS on 16 February 2005 and are advised that financial information on which the Prospects section was based has not been reviewed or reported on by Implats' auditors.
06 Mar 2006 14:59:50
(Official Notice)
The group is in receipt of a cabinet approved draft proposal relating to ownership of the Zimbabwean platinum industry. Implats believes the proposal is not in the best interests of developing the platinum industry in Zimbabwe and is inconsistent with previous discussions with the Zimbawean Government. The company will actively engage with and seek further clarity from the Zimbabwean Government on the proposal and remains hopeful that a solution will be found in the best interest of Zimbabwe and the companies invested there.
16 Feb 2006 10:17:52
(C)
20 Jan 2006 08:15:29
(Official Notice)
Implats expects the group's headline earnings for the interim to 31 December 2005 to increase by between 55% and 75% compared to the previous comparable period. Basic earnings, however is expected to be between 30% and 50% lower over the same period. The group's results are expected to be published on or about 18 February 2006.
14 Dec 2005 08:23:51
(Official Notice)
01 Dec 2005 09:36:11
(Official Notice)
Following a meeting in London on 30 November 2005 between Dynatec Corporation, Sumitomo Corporation and Implats, Implats advised that pursuant to its review of the Ambatovy Project, it has delivered a formal notice of withdrawal under the Shareholders Agreement. Internationally, both the capital and production costs relating to mining projects have escalated since the initial feasibility study was completed in February 2005. While there were synergies for Implats' own nickel production cost profile in Implats view, the project as a whole would not meet Implats' hurdle rates.
25 Nov 2005 17:12:00
(Official Notice)
Shareholders are advised that Implats is in the process of finalising a broad- based black economic empowerment ("BEE") ownership transaction. Accordingly, shareholders are advised to exercise caution in dealing in their shares until Implats announces further detail on its BEE transaction.
24 Nov 2005 16:51:50
(Official Notice)
Shadwick Bessit has been appointed as an executive director of the company with immediate effect.
27 Sep 2005 12:59:03
(Media Comment)
The Zimbabwean government claims that Zimplats, a subsidiary of Implats, owed it USD16.6 million in unpaid taxes. Zimplats told Business Day however that it was granted tax concessions by the government as well as subsequent assurances by the mines ministry. This dispute might threaten the proposed bilateral investor protection agreement between South Africa and Zimbabwe.

21 Sep 2005 08:51:59
(2)
26 Aug 2005 09:53:46
(C)
During the year, gross platinum production decreased by 6% from 1.96m ounces to 1.85m ounces. This was expected as the FY2004 figures included the once-off processing of 232 000 ounces of platinum for Lonmin. Sales increased by 6.2% to R12.5bn (R11.8bn) and gross profit fell marginally to R4.2bn. Net profit increased by 77.6% to R5bn (R3bn) mainly due to profit from the sale of Lonplats. Headline earnings grew 9.9% to R43.25 per share (R39.34 per share) and a dividend of R18 was declared.



Prospects

Prospects for PGMs essentially remain unchanged from that of recent years. The automotive industry is expected to continue to be the major driving force of demand for platinum in the medium term with both light-duty and heavy-duty diesel vehicle emission control technologies being platinum-based. Demand will be supported by that from the jewellery sector and the platinum market is thus likely to remain in balance.
22 Aug 2005 11:36:04
(Media Comment)
Hugo Nelson, Coronation Fund Managers portfolio manager, informed Business Day of his opinion that Implats offers the best risk-reward opportunity regarding prospects for metals. Nelson reasoned that SA`s mines account for 77% of the world`s platinum but less than 10% of the world`s gold supply.
11 Aug 2005 09:17:58
(Official Notice)
Implats, Dynatec Corporation (Dynatec) and Sumitomo Corporation (Sumitomo), on 11 August 05, announced that Dynatec and Sumitomo have entered into an agreement, confirmed by Implats, whereby Sumitomo will acquire a 25% interest in the Ambatovy Nickel Project in Madagascar. In accordance with the terms of the Implats/Dynatec agreement (announced on May 26, 2005), both companies will reduce their respective interests in Ambatovy to 37.5%, with Dynatec to receive the full financial consideration related to Sumitomo`s entry as a 25% shareholder. Implats, Dynatec and Sumitomo have agreed to modify the pending Implats-Dynatec shareholders agreement with respect to the Ambatovy Project as necessary to reflect Sumitomo`s entry into the Project by no later than September 30, 2005.



The Ambatovy feasibility study released by Dynatec in February 2005 indicated the potential for 60 000 tonnes per annum (tpa) of nickel metal and 5 600 tpa of cobalt metal, with cash operating costs expected to be near the bottom of the global cost curve. Over the first 10 years of full production, the Project is expected to have average cash operating costs of USD0.67 per pound of nickel after credits and to generate average after-tax cash flow of USD338 million per annum, assuming base case pricing of USD3.50 per pound nickel and USD10.00 per pound cobalt. The feasibility study estimated that the capital costs for the Project would total USD2.25 billion. These costs are currently being reviewed in light of the potential savings as a result of the decision to locate the refinery portion of the Ambatovy Project in Springs, South Africa, thereby leveraging Implats` core competencies and existing infrastructure. Detailed engineering work at Ambatovy is progressing, and is expected to be sufficiently advanced for construction to begin by the second quarter of 2006, assuming sufficient progress with negotiations for project debt financing. Based on this timing, and the current construction schedule, initial production could be recorded by the end of 2008.
01 Jul 2005 11:56:55
(Media Comment)
Business Day said Michael Kavanagh, an analyst at Merrill Lynch, raised Implats earnings forecast for the 2005 and 2006 financial year by 7% from R36.00 per share.
09 Jun 2005 18:12:27
(Official Notice)
The company participated today by telephone in the Reuters Mining Summit in New York. The salient points made in response to questions are set out below for the purposes of confirming the information provided.



Keith Rumble, CEO, said that, in respect of anticipated headline earnings for the full year, while in the interim results announcement in February this year the company would, at that stage, have forecast a similar sort of performance for the full year, a softer rand, good operational performance and strong metal prices, particularly nickel, meant that he thought that `we will be materially better than that`.



He said that a consensus forecast for headline earnings for the full year was just under R36. `I think it will be somewhat better than that.` He also advised that platinum production was expected to be double that of the first half, plus 4%. He also indicated that in addition to the amount declared in the interim results as spent at that time on share buy backs, a further R100m had been spent to date.



The results for the year ended 30 June 2005 can be expected to be influenced by the rand dollar exchange rate. If the expected results are confirmed with a reasonable degree of certainty and require a trading statement in terms of the JSE`s Listings Requirements, a trading statement will be published immediately.
07 Jun 2005 15:56:29
(Official Notice)
ARM and Impala Platinum Holdings Ltd (Implats) today announced that the companies will proceed with the 220 000 oz per year platinum group metals (PGM) project, Two Rivers Platinum (Pty) Ltd (Two Rivers) on the Eastern Limb of the Bushveld Complex. The joint venture between the companies is held 55% by ARM and 45% by Implats. The JV has contracted ARM to manage the project, while Implats will undertake the processing and refining through its subsidiary Impala Refining Services (IRS). Two Rivers` capital expenditure is estimated to be in the region of R1.2bn to commissioning. R600m project finance has been secured through ABSA and Nedbank, with the balance of the funding being contributed by the two partners in their respective shareholding ratios (ARM R330m and Implats R270m). The mine will employ about 1 000 people, including contractors, The decision to proceed follows a successful trial mining phase to test all critical project assumptions. The mining and stockpiling of nearly 240 000 tons of UG2 ore, as well as extensive access development has substantively validated geological and mining feasibility parameters. Two Rivers is located in the southern, central part of the eastern limb of the Bushveld Complex in the Mpumalanga province of South Africa. Both the Merensky and the UG2 reefs are found on the property, but the initial focus of the new Two Rivers mine will be the UG2 Reef. The UG2 reserve totals 40 million tons at a 6E mill grade of 4.18g/t. A platinum to palladium ratio of 5:3 adds to the attractiveness of this project.
08-Apr-2013
(X)
Implats is one of the world's leading primary producers of PGMs and associated base metals. The group has operations on the PGM-bearing orebodies of the Bushveld Complex in South Africa and the Great Dyke in Zimbabwe. Implats contributes approximately 22% of global platinum output.



Implats is listed on the JSE in South Africa (IMP), and has a level 1 American Depositary Receipt programme (IMPUY) in the United States of America.


Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox