Old Mutual acquires 5.02% stake in Northam Holdings

Northam Holdings (JSE:NPH) announced that Old Mutual Limited has acquired a 5.02% beneficial interest in the company's total issued share capital. The acquisition triggers disclosure under section 122(3)(b) of the Companies Act, No. 71 of 2008, and paragraph 3.83(b) of the JSE Limited Listings Requirements. The company has filed the relevant notification with the Takeover Regulation Panel and the Companies and Intellectual Property Commission. Northam Holdings' board has affirmed the accuracy and compliance of the announcement.