Sibanye-Stillwater stake in Generation Mining falls to 4.70% after share offering dilution
SBSW•Sibanye-Stillwater’s stake in Generation Mining fell from about 10.15% to 4.70% after a 375 million-share financing, while its holding remained 32,813,127 shares.
1. Stake diluted
Sibanye-Stillwater’s stake in Generation Mining fell below 10% after a 375 million-share financing. Its holding remained 32,813,127 shares, shifting from about 10.15% before the offering to about 4.70% afterward; Sibanye-Stillwater did not participate or buy or sell shares in connection with the transaction.
