Implats directors and officers exercise share options
Impala Platinum Holdings Limited (Implats) announced dealings in securities by its directors, prescribed officers, and company secretary, with transactions occurring on October 3, 2025. These dealings stem from the on-market exercise of performance share plan (PSP) awards, which are part of the company's long-term incentive plan (LTIP). Participants either sold vested shares, sold enough shares to cover taxes, or retained shares with a cash payment for taxes. The average price per share for these sales was R221.6172, with prices ranging from R220.5144 to R222.6166.
Among the notable transactions, executive director NJ Muller sold 56,427 shares for a total value of R12,505,193.74. executive director M Kerber sold 12,761 shares valued at R2,828,057.09, while also retaining 14,683 shares. LN Samuel, an executive director, sold all 22,236 vested shares, amounting to R4,927,880.06.
Furthermore, some executives, including director MM Motlhageng and prescribed officer A Mhembere, committed their vested shares towards the minimum shareholding requirement (MSR) and deferred their vesting until January 1, 2027. Motlhageng deferred 12,240 shares, and Mhembere deferred 36,257 shares, in accordance with Implats’ MSR policy.
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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