First Phase of the Financing Arrangement Completed between Keliber and Sibanye-Stillwater
Keliber Oy and Sibanye Stillwater Limited (“Sibanye-Stillwater”) agreed on a 40-million-euro financing arrangement in February 2021. The first phase of the arrangement has now been completed as Sibanye-Stillwater has subscribed for shares for 15 million euros. A share issue to Keliber's current shareholders has also been opened.Based on the authorisation of the Extraordinary General Meeting of Keliber Oy on 16 March 2021, the Board of Directors of Keliber decided the same day on a directed share issue to Sibanye-Stillwater. The number of new shares issued is 375 000 and the subscription