Monday, June 11, 2007

Implats to help workers buy 3 pct of its shares

(Reuters) - South Africa's Impala Platinum Holdings Ltd (Implats) has launched a plan to help its mainly black workers buy 3 percent of the firm's shares worth nearly 4 billion rand, it said on Monday.

Implats, the world's second biggest platinum producer, said in a statement it had financed the purchase of 16.4 million shares, which will be placed in an employees' trust.


Read more at Reuters Africa

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