FilingReader Intelligence

Standard Bank sells stake in Northam Holdings

April 2, 2025 at 09:02 PM UTCBy FilingReader AI

Johannesburg - Northam Holdings (JSE:NPHE) announced today that Standard Bank Group Limited has reduced its stake in the company. According to a notification received by Northam Holdings, Standard Bank has disposed of a portion of its beneficial interest, bringing its holding down to 0.72% of Northam Holdings’ total issued share capital. This disposal triggers requirements under section 122(3)(b) of the Companies Act and paragraph 3.83(b) of the JSE Limited Listings Requirements. Northam Holdings has stated that it will file the relevant notification with the Takeover Regulation Panel and the Companies and Intellectual Property Commission, as required by law. One Capital is acting as corporate advisor and sponsor to Northam Holdings.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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