|
|
|
Fri 20 Jun 2025
Close: 16 453c 
Day's move: -547c (-3.22%)
Volume: 764 446
Trades: 3 693
|
|
|
|
ARM - repurchase and treasury shares delisting
ARM has repurchased and cancelled 3 239 681 ordinary shares. Opilac (Pty) Ltd. effected a distribution in specie of its entire shareholding in ARM. Application for the cancellation and delisting of the Treasury Shares will be submitted to the JSE on 20 June 2025.
|
|
Click here for original article
|
| |
ARM - hedging collar transaction implementation
Shareholders were advised that ARM has entered into a hedging collar transaction over 18 million ordinary shares of ARM's equity in Harmony Gold Mining Company Ltd. ("Harmony"), representing 24% of ARM's equity in Harmony ("the Collar") and 2.84% of the issued share capital in Harmony. The Collar and related arrangements provides ARM with access to funding in the future on efficient terms, if and when required, for its strategic objectives, while allowing ARM to retain further upside exposure to the Harmony share price, up to the call option strike price. ARM retains full exposure to the residual Harmony shares held by it that are not subject to the Collar.
|
|
Click here for original article
|
| |
ARM - changes in senior management
The current Chief Executive of ARM Platinum, Hamilton Luthando Mkatshana ("Thando Mkatshana"), will be replaced by Johan Christian Jansen ("Johan Jansen") who will be the Acting Chief Executive of ARM Platinum until the permanent Chief Executive of ARM Platinum has been appointed. Johan Jansen has been with ARM Platinum for twelve years and the general managers of all of ARM's Platinum mines are currently reporting to him.
Thando Mkatshana will be appointed as the Chief Executive of ARM Technical Services. In this new role his responsibilities will include the provision of technical services to the ARM Group.
The Company announced the re-introduction of the ARM Technical Services Division, which will enhance the efficiency and effectiveness of the ARM Group.
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
