|% From 52WK High||-6.00% (6,649)|
|% From 52WK Low||13.12% (5,525)|
|Business||The Company has been incorporated as a special purpose vehicle for the purpose of facilitating the Northam Transaction, the primary purpose of which is to (i) hold the BEE Shares for the benefit of the...Read More|
|Results||December 2018 Interim estimated to be released on Thursday , 04 April 2019|
|AGM||Next AGM date: Wednesday, 06 November 2019|
|Market Cap||R 9,994,090,813|
|P/E Ratio||N/A||Dividend Yield||SUB REQUIRED|
|Offshore Earnings Component||Not available|
|06/11/2018||ZAMBEZI PLATINUM (RF) LIMITED - Changes to the board of directors|
|24/10/2018||ZAMBEZI PLATINUM (RF) LIMITED - Changes to the board of directors|
|07/09/2018||ZAMBEZI PLATINUM (RF) LIMITED - Release of Annual Report - ZPLP|
|04/05/2018||ZAMBEZI PLATINUM (RF) LIMITED - Appointment of a Non-Executive Director|
|10/04/2018||ZAMBEZI PLATINUM (RF) LIMITED - Notice Of General Meeting Of Ordinary Shareholders|
|23/02/2018||ZAMBEZI PLATINUM (RF) LIMITED - Release of Reviewed Interim Results|
|07/11/2017||ZAMBEZI PLATINUM (RF) LIMITED - Changes to the board of directors|
|The mighty Zambezi River, one of Africa's largest, sustains the livelihoods of millions
of people in four sub-Saharan countries. Much like this invaluable watercourse, Zambezi Platinum (RF) Limited (Zambezi or Zambezi Platinum) provides a solid foundation to fuel new mining opportunities, grow a sustainable modern mining company and deliver benefits for all its stakeholders for many years to come.
Zambezi is a special purpose black economic empowerment (BEE) vehicle established in October 2014 as a result of a R6.6 billion BEE transaction with Northam Platinum Limited (Northam). The transaction included the successful raising of R4.6 billion and was approved by Northam shareholders on 19 March 2015. In terms of the transaction, Northam issued 112 195 122 new shares (equivalent to 22% of Northam's issued share capital). These shares were supplemented by 47 710 331 shares (equivalent to 9.4% of Northam's issued share capital), sold to Zambezi by the Public Investment Corporation SOC Limited (PIC), a long-standing Northam shareholder.
Zambezi comprises and represents a range of historically disadvantaged South African (HDSA) stakeholders including an employee trust, two community trusts, a women's group and a core of strategic partners. Together they hold a 31.4% stake in Northam. Zambezi has financed the acquisition of shares in Northam through a preference share arrangement. Apart from this function Zambezi does not conduct any operational business. Zambezi's preference shares were listed on the JSE Limited (JSE) on 11 May 2015.