FilingReader Intelligence

Implats directors sell vested shares from Restricted Share Plan

October 7, 2025 at 09:02 PM UTCBy FilingReader AI

Impala Platinum Holdings Limited (Implats) announced that several directors and a prescribed officer have sold shares that vested under the company's Restricted Share Plan (RSP). NJ Muller, an executive director, sold 59,140 ordinary shares on 1 October 2025 at an average price of R227.4471, totaling R13,451,221.49. The shares were sold on the open market, with prices ranging from R226.00 to R229.34.

Another executive director, LN Samuel, also sold 33,500 ordinary shares on 1 October 2025. These shares were sold at the same average price of R227.4471, generating R7,619,477.85 from market sales. The sales were part of the vesting and exercise of RSP awards under the company's Long Term Incentive Plan.

K Chilvers, a prescribed officer, sold 9,570 ordinary shares on 2 October 2025 at an average price of R225.5376, amounting to R2,158,394.83. Chilvers elected to retain 11,012 shares, with the shares sold covering taxes due on the vested shares.

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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