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     Latest News: Stefanutti Stocks Holdings Ltd. STEFSTOCK [SSK]
     Mon, 24 Nov 2025 Official Announcement [RD] 
    Stefstock - Kusile Power project & facility update
    With respect to the Dispute Adjudication Board's award for Claim 5 amounting to R685 million (excluding VAT), Eskom issued a notice of dissatisfaction and indicated that they intended to have the award set aside in totality by the High Court of South Africa. If successful, Claim 5 would be referred to arbitration, thereby recommencing the entire claims process.

    In terms of the Facility with Standard Bank, Stefanutti Stocks will, by the end of February 2026, apply at least 80% of the proceeds from the settlement against the outstanding Facility.
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