JP Morgan clients acquire significant stake in Sibanye Stillwater

Sibanye Stillwater (JSE: SSW and NYSE: SBSW) announced today that clients of JPMorgan Chase & Co. have acquired a beneficial interest amounting to 5.98% of the company's total issued ordinary shares. This acquisition necessitates a formal notification in accordance with Section 122(3)(b) of the Companies Act and JSE Limited Listings Requirements. Sibanye-Stillwater has filed the required notice with the Takeover Regulation Panel. The board of directors has confirmed the accuracy of the information, based on forms received from JP Morgan. Sibanye-Stillwater is a multinational mining and metals processing group with operations across five continents and a diverse portfolio, focusing on platinum, palladium, rhodium, and gold production, as well as battery metals and recycling.