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PIC now owns 15.41% of Sibanye

13th May 2025

By: Darren Parker

Creamer Media Senior Contributing Editor Online

     

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The Public Investment Corporation (PIC) has increased its ownership of the ordinary shares of JSE- and NYSE-listed Sibanye-Stillwater to 15.41% of the company’s total issued ordinary shares.

The PIC is a State-owned asset management firm and, through listed investments, controls over 10% of the JSE. It has direct and indirect exposure to almost all sectors of the South African economy.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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