Update on Work Stoppage at Impala Rustenburg
February 01 2012 - 5:30AM
UK Regulatory
TIDMIPLA
Impala Platinum Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1957/001979/06)
ISIN: ZAE000083648
JSE Share Code : IMP
LSE Share Code : IPLA
ADR Code : IMPUY
("Implats" or "the Company")
UPDATE ON WORK STOPPAGE AT IMPALA RUSTENBURG
Implats wishes to advise that the majority of the mining workforce at its
Impala Rustenburg operation failed to report for duty this morning, Wednesday 1
February 2012. Incidents of intimidation have been reported across the
property.
As the strike has been declared illegal, the Company, in line with its
ultimatum, will initiate dismissal procedures. The Company will begin a process
of rehiring for those employees who wish to reapply for their positions.
Further announcements will be made in due course.
1 February 2012
Johannesburg
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
END
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