Kumba Iron Ore listing marks BEE milestone

November 19, 2006

Kumba Iron Ore, the single commodity spin-off of Kumba Resources, lists on Monday as part of one of South Africa's largest ever empowerment deals...

The company's pre-listing circular stated: "The exact number of Kumba Iron Ore shares to be listed will be determined immediately prior to the listing and is dependent on the number of Kumba Resources share options that will be exercised between the last practicable date and the last day to trade in Kumba Resources shares on the JSE to participate in the unbundling."

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