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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Impala Platinum | LSE:IPLA | London | Ordinary Share | ZAE000083648 | ORD ZAR0.025 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 266.36 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
Hot Features
Premium
TIDMIPLA
IMPLATS
NEWS RELEASE
27 September 2012
IMPALA TO GIVE INCREASE FOLLOWING WAGE REVIEW
EMBARGO: For immediate release
Impala Platinum Holdings Limited (Implats) today announced that it is to
implement a market adjustment for its employees which will add 4.8% to its wage
bill. This follows a commitment to conduct a full wage benchmarking exercise
announced by the Company on Tuesday 11 September 2012. The results of the
exercise address a range of identified wage issues across Impala with a strong
focus on lower level employees. The market adjustments will be implemented on
1 October 2012.
Implats CEO Terence Goodlace said "The overriding imperative for all
stakeholders should be to ensure peace, stability and order and in so doing
create an environment for safe production. The wage adjustment supports this
imperative and our long-term strategy to establish a new multi-union industrial
relations dispensation in our operations while moving towards a centralized
wage engagement process for the platinum mining industry."
ENDS
Ticker symbols:
JSE: Imp
LSE: Ipla
ADR: Impuy
Queries:
Implats
Bob Gilmour
+27 11 731 9013/43
+27 82 453 7100
Website:
www.implats.co.za
END
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