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IMP - Impala Platinum Holdings Limited - Work stoppage by Rock Drill Operators

Release Date: 23/01/2012 10:00
Code(s): IMP
Wrap Text

IMP - Impala Platinum Holdings Limited - Work stoppage by Rock Drill Operators at Impala Rustenburg Impala Platinum Holdings Limited (Incorporated in the Republic of South Africa) (Registration No. 1957/001979/06) ISIN: ZAE000083648 JSE Share Code : IMP LSE Share Code : IPLA ADR Code : IMPUY ("Implats" or "the Company") WORK STOPPAGE BY ROCK DRILL OPERATORS AT IMPALA RUSTENBURG Implats wishes to advise that a work stoppage involving rock drill operators (RDO`s) numbering approximately 5 000 employees began on Friday, 20 January 2012 and continues today at the Company`s Rustenburg operations. The work stoppage is related to salary grievances. A court order has declared the strike illegal and the Company will follow due legal process with all employees who do not report for duty on Tuesday, 24 January 2012. Further announcements will be made in due course. 23 January 2012 Johannesburg Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited Date: 23/01/2012 10:00:14 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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