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	<title>Wesizwe Platinum Limited</title>
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	<title>Wesizwe Platinum Limited</title>
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		<title>03 September 2026 &#8211; Update on the Section 189A Consultation Process at Bakubung Platinum Mine</title>
		<link>https://wesizwe.co.za/03-september-2026-update-on-the-section-189a-consultation-process-at-bakubung-platinum-mine/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Thu, 03 Sep 2026 12:36:21 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<category><![CDATA[SENS]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28190</guid>

					<description><![CDATA[WESIZWE&#160;PLATINUM&#160;LIMITED (Incorporated&#160;in&#160;the&#160;Republic&#160;of South&#160;Africa) (Registration&#160;number:&#160;2003/020161/06) Share&#160;code: WEZ ISIN: ZAE000075859 (“Wesizwe”&#160;or&#160;the&#160;“Company”) UPDATE ON THE&#160;SECTION&#160;189A&#160;CONSULTATION&#160;PROCESS AT BAKUBUNG PLATINUM MINE Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 31 July 2026, relating to the temporary suspension of operations at Bakubung Platinum Mine ( BPM&#8221; or &#8220;the Mine)and are advised that the consultation and facilitation process in terms of Section 189A of the Labour Relations Act, 66 of 1995 (&#8220;LRA&#8220;), conducted under&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/03-september-2026-update-on-the-section-189a-consultation-process-at-bakubung-platinum-mine/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>W</strong><strong>ES</strong><strong>I</strong><strong>Z</strong><strong>W</strong><strong>E</strong><strong>&nbsp;</strong><strong>P</strong><strong>L</strong><strong>A</strong><strong>T</strong><strong>I</strong><strong>NUM</strong><strong>&nbsp;</strong><strong>L</strong><strong>I</strong><strong>M</strong><strong>I</strong><strong>T</strong><strong>E</strong><strong>D</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated&nbsp;in&nbsp;the&nbsp;Republic&nbsp;of South&nbsp;Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Registration&nbsp;number:&nbsp;2003/020161/06)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share&nbsp;code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>”&nbsp;or&nbsp;the&nbsp;“<strong>C</strong><strong>o</strong><strong>m</strong><strong>p</strong><strong>a</strong><strong>n</strong><strong>y</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>UPDATE ON THE&nbsp;</strong><strong>SECTION&nbsp;</strong><strong>189A&nbsp;</strong><strong>CONSULTATION&nbsp;</strong><strong>PROCESS AT BAKUBUNG</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>PLATINUM MINE</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 31 July 2026, relating to the temporary suspension of operations at Bakubung Platinum Mine ( <strong>BPM</strong>&#8221; or &#8220;the <strong>Mine</strong>)and are advised that the consultation and facilitation process in terms of Section 189A of the Labour Relations Act, 66 of 1995 (&#8220;<strong>LRA</strong>&#8220;), conducted under the auspices of the Commission for Conciliation, Mediation and Arbitration, officially concluded on 31 August 2026.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Throughout the process, management engaged extensively with recognised labour representatives and affected non-unionised employees. The consultations focused on exploring potential alternatives to retrenchment and considering mitigation measures aligned with both the statutory requirements of the LRA and the operational requirements of the Mine. The consultation process resulted in a restructuring settlement agreement being concluded with the Association of Mineworkers and Construction Union and representatives of affected employees outside the bargaining unit. Despite extensive engagement, no agreement was reached with the National Union of Mineworkers which did not sign the restructuring settlement agreement.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Management is currently finalising the post-consultation administrative processes, which include reintegrating retained employees and determining the final outcomes regarding the termination of affected employees. Once internal validation and implementation steps are completed, the Company will formally communicate the verified final impact and key operational restart milestones through the appropriate regulatory, shareholder, and employee channels.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Company acknowledges the period of uncertainty experienced by employees, their families, and the surrounding local communities during this process. The board and management remain committed to maintaining respectful stakeholder engagement, ensuring safe and responsible operations, and driving the long-term sustainability of the BPM.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">3 September&nbsp;2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Sponsor</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG&nbsp;Capital</p>



<p class="wp-block-paragraph"></p>
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			</item>
		<item>
		<title>31 July 2026 &#8211; Operational Update: Temporary Suspension of Operations at Bakubung Platinum Mine</title>
		<link>https://wesizwe.co.za/31-july-2026-operational-update-temporary-suspension-of-operations-at-bakubung-platinum-mine/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Fri, 31 Jul 2026 15:17:04 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<category><![CDATA[SENS]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28169</guid>

					<description><![CDATA[WESIZWE PLATINUM LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2003/020161/06) Share code: WEZ ISIN: ZAE000075859 (“Wesizwe” or the “Company”) OPERATIONAL UPDATE: TEMPORARY SUSPENSION OF OPERATIONS AT BAKUBUNG PLATINUM MINE Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 17&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/31-july-2026-operational-update-temporary-suspension-of-operations-at-bakubung-platinum-mine/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>WESIZWE PLATINUM LIMITED</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated in the Republic of South Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Registration number: 2003/020161/06)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>” or the “<strong>Company</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>OPERATIONAL UPDATE: TEMPORARY SUSPENSION OF OPERATIONS AT</strong> <strong>BAKUBUNG PLATINUM MINE</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 17 July 2026, relating to the phased restart of operations at the Bakubung Platinum Mine (&#8220;<strong>BPM</strong>&#8221; or &#8220;the <strong>Mine</strong>&#8220;).</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are advised that mining operations at BPM were temporarily suspended on 31 July 2026 following employee feedback sessions conducted by the recognised trade unions regarding the ongoing Section 189A consultation process. Following these engagements, a large number of employees gathered at the Mine.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">After assessing the prevailing circumstances, management determined that the health, safety and security risks associated with continuing operations had increased to an unacceptable level. Accordingly, as a precautionary measure, the Company temporarily suspended mining operations.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Essential services will continue to operate to ensure that the Mine remains safe, secure and environmentally compliant throughout the period of suspension. The suspension will remain in place until management is satisfied that it is safe to resume operations, taking into account the prevailing circumstances and the progress of the ongoing Section 189A consultation process.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Company remains committed to engaging constructively with the recognised trade unions through the established consultation process and will provide shareholders with further updates as and when appropriate.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">31 July 2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Sponsor</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG Capital</p>
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			</item>
		<item>
		<title>17 July 2026 &#8211; Operational Update: Conclusion of Agreements with Recognised Trade Unions</title>
		<link>https://wesizwe.co.za/17-july-2026-operational-update-conclusion-of-agreements-with-recognised-trade-unions/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Fri, 17 Jul 2026 15:23:31 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<category><![CDATA[SENS]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28144</guid>

					<description><![CDATA[WESIZWEPLATINUMLIMITED (Incorporated in the Republic of South Africa) (Registration number: 2003/020161/06) Share code: WEZ ISIN: ZAE000075859 (“Wesizwe” or the “Company”) OPERATIONAL UPDATE: CONCLUSION OF AGREEMENTS WITH RECOGNISED TRADE UNIONS Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 26 June 2026, relating&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/17-july-2026-operational-update-conclusion-of-agreements-with-recognised-trade-unions/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>W</strong><strong>ES</strong><strong>I</strong><strong>Z</strong><strong>W</strong><strong>E</strong><strong>P</strong><strong>L</strong><strong>A</strong><strong>T</strong><strong>I</strong><strong>NUM</strong><strong>L</strong><strong>I</strong><strong>M</strong><strong>I</strong><strong>T</strong><strong>E</strong><strong>D</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated in the Republic of South Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Registration number: 2003/020161/06)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>” or the “<strong>C</strong><strong>o</strong><strong>m</strong><strong>p</strong><strong>a</strong><strong>n</strong><strong>y</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>OPERATIONAL </strong><strong>UPDATE: CONCLUSION </strong><strong>OF </strong><strong>AGREEMENTS </strong><strong>WITH</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>RECOGNISED TRADE UNIONS</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 26 June 2026, relating to the phased restart of operations (“<strong>Restart of Operations</strong>”) at the Bakubung Platinum Mine (“<strong>BPM</strong>”), which was subject to concluding agreements with recognised trade unions and employee representatives.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Company is pleased to advise shareholders that negotiations have successfully concluded, securing agreements with all recognised labour representatives at BPM:</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"> Association of Mineworkers and Construction Union: A Memorandum of Agreement (“<strong>MoA</strong>”) was signed on 16 July 2026.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"> Non-Bargaining Unit: A MoA was signed on 26 June 2026.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"> National Union of Mineworkers: Operations continue to be guided by the existing Peace Agreement signed on 21 February 2024, which remains fully in force.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>PROGRESSION OF THE RESTART</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The structured and phased Restart of Operations is proceeding. Management remains focused on a safe, responsible, and compliant return to full capacity, prioritising employee health and safety and adhering strictly to the Mine Health and Safety Act.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Company will keep shareholders informed of any material developments.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">17 July 2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Sponsor</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG Capital</p>
]]></content:encoded>
					
		
		
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		<title>30 June 2026 &#8211; Results of the Annual General Meeting</title>
		<link>https://wesizwe.co.za/30-june-2026-results-of-the-annual-general-meeting/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Tue, 30 Jun 2026 12:33:18 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<category><![CDATA[SENS]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28077</guid>

					<description><![CDATA[WESIZWE PLATINUM LIMITED (Incorporated in the Republic of South Africa) Registration number: 2003/020161/06 Share code: WEZ ISIN number: ZAE000075859 (“Wesizwe” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held virtually at 09:00 today, Tuesday, 30 June 2026 (“AGM”), all of the&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/30-june-2026-results-of-the-annual-general-meeting/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>WESIZWE PLATINUM LIMITED</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated in the Republic of South Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Registration number: 2003/020161/06</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN number: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>” or “<strong>the Company</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>RESULTS OF THE ANNUAL GENERAL MEETING</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are hereby advised that at the annual general meeting of the Company held virtually at 09:00 today, Tuesday, 30 June 2026 (“<strong>AGM</strong>”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Details of the results of the voting at the AGM are as follows:</p>



<figure style="font-style:normal;font-weight:500" class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Resolutions proposed at the AGM</td><td>Votes for resolution as a percentage of total number of shares voted at AGM</td><td>Votes against resolution as a percentage of total number of shares voted at AGM</td><td>Number of shares voted at AGM</td><td>Number of shares voted at AGM as a percentage of shares in issue*</td><td>Number of shares abstained as a percentage of shares in issue*</td></tr><tr><td>Special resolution number 1: Remuneration of Non- executive Directors</td><td>99,76%&nbsp;</td><td>0,24%&nbsp;</td><td>836 548 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Special resolution number 2: Share repurchases by the Company and its subsidiaries</td><td>99,82%&nbsp;</td><td>0,18%&nbsp;</td><td>836 193 551&nbsp;</td><td>51,37%&nbsp;</td><td>0,03%</td></tr><tr><td>Ordinary resolution number 1: Endorsement of the remuneration policy</td><td>99,75%&nbsp;</td><td>0,25%&nbsp;</td><td>836 548 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 2: Endorsement of the remuneration report</td><td>99,76%&nbsp;</td><td>0,24%&nbsp;</td><td>836 548 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 3: Re-election of Mr Daqiang Pang as non-executive director</td><td>99,85%&nbsp;</td><td>0,15%&nbsp;</td><td>836 548 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 4: Re-election of Mr Yulong Tian as non-executive director</td><td>99,85%&nbsp;</td><td>0,15%&nbsp;</td><td>836 548 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 5: Re-election of Mr Kaiyu Kang as non-executive director</td><td>99,85%&nbsp;</td><td>0,15%&nbsp;</td><td>836 548 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 6: Confirmation of the re- appointment of the auditor</td><td>99,90%&nbsp;</td><td>0,10%&nbsp;</td><td>836 174 502&nbsp;</td><td>51,37%&nbsp;</td><td>0,03%</td></tr></tbody></table></figure>



<figure style="font-style:normal;font-weight:500" class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Ordinary resolution number 7: Re- appointment of Mr Thembinkosi Victor Mabuza to the Audit and Risk Committee of the Company</td><td>99,74%&nbsp;</td><td>0,26%&nbsp;</td><td>836 598 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 8: Re- appointment of Ms Dawn Nonceba Merle Mokhobo to the Audit and Risk Committee of the Company</td><td>99,74%&nbsp;</td><td>0,26%&nbsp;</td><td>836 598 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 9: Re- appointment of Mr Lincoln Vumile James Ngculu to the Audit and Risk Committee of the Company</td><td>99,74%&nbsp;</td><td>0,26%&nbsp;</td><td>836 598 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 10: Re- appointment of Mr Lincoln Vumile James Ngculu to the Social and Ethics Committee of the Company</td><td>99,75%&nbsp;</td><td>0,25%&nbsp;</td><td>836 529 211&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 11: Re- appointment of Dawn Nonceba Merle Mokhobo to the Social and Ethics Committee of the Company</td><td>99,75%&nbsp;</td><td>0,25%&nbsp;</td><td>836 529 211&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 12: Re- appointment of Mr Banhu Zhang to the Social and Ethics Committee of the Company</td><td>99,85%&nbsp;</td><td>0,15%&nbsp;</td><td>836 529 211&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 13: General authority to issue shares for cash</td><td>99,78%&nbsp;</td><td>0,22%&nbsp;</td><td>836 548 260&nbsp;</td><td>51,39%&nbsp;</td><td>0,01%</td></tr><tr><td>Ordinary resolution number 14: Authority to action</td><td>99,92%&nbsp;</td><td>0,08%&nbsp;</td><td>836 163 539&nbsp;</td><td>51,37%&nbsp;</td><td>0,03%</td></tr></tbody></table></figure>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Note:</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">*Total number of shares in issue as at the date of the AGM was 1,627,827,058, of which none were treasury shares.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">30 June 2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG Capital</p>
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		<title>26 June 2026 &#8211; Update: Operational Update</title>
		<link>https://wesizwe.co.za/update-operational-update/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Mon, 29 Jun 2026 09:26:43 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<category><![CDATA[SENS]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28074</guid>

					<description><![CDATA[WESIZWE PLATINUM LIMITED (Incorporated in the Republic of South Africa) Registration number: 2003/020161/06 Share code: WEZ ISIN number: ZAE000075859 (“Wesizwe” or “the Company”) UPDATE: OPERATIONAL UPDATE Shareholders are referred to the announcements released on the Johannesburg Stock Exchange News Service, the last of which was dated 3 June 2026, relating to Bakubung Platinum Mine (“BPM”)&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/update-operational-update/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>WESIZWE PLATINUM LIMITED</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated in the Republic of South Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Registration number: 2003/020161/06</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN number: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>” or “<strong>the Company</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">UPDATE: OPERATIONAL UPDATE</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are referred to the announcements released on the Johannesburg Stock Exchange News Service, the last of which was dated 3 June 2026, relating to Bakubung Platinum Mine (“<strong>BPM</strong>”) entering Section 189 Consultations and an Operational update.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The temporary operational shutdown at BPM, was implemented to facilitate the Section 189 consultation process and related stakeholder engagements.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Company is pleased to advise shareholders that, following constructive progress in these engagements, it intends to commence a phased restart of operations (“<strong>Restart of</strong> <strong>Operations</strong>”) during the week commencing 29 June 2026, subject to the conclusion of a memorandum of agreement currently under discussion with the recognised trade unions and employee representatives.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Restart of Operations has been carefully planned and will follow a structured, phased approach that places the highest priority on the health and safety of employees and contractors, compliance with all applicable legal and regulatory requirements, and the safe recommissioning of mining and processing activities.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Employees and contractors will return to site in a controlled and progressive manner. The initial phase will include medical screening, inductions, statutory inspections, legal compliance verification, essential maintenance activities and the progressive recommissioning of critical infrastructure before normal mining operations resume.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Management believes that this disciplined approach is essential to ensuring that the Restart of Operations is safe, responsible and sustainable, while maintaining full compliance with the Mine Health and Safety Act and other applicable legislative requirements.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Company will continue to keep shareholders informed of any material developments relating to the Restart of Operations.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">26 June 2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Sponsor</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG Capital</p>
]]></content:encoded>
					
		
		
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		<title>24 June 2026 &#8211; Update: SAP S/4HANA ERP System Implementation</title>
		<link>https://wesizwe.co.za/24-june-2026-update-sap-s-4hana-erp-system-implementation/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Thu, 25 Jun 2026 09:05:53 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<category><![CDATA[SENS]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28071</guid>

					<description><![CDATA[WESIZWE PLATINUM LIMITED (Incorporated in the Republic of South Africa) Registration number: 2003/020161/06 Share code: WEZ ISIN number: ZAE000075859 (“Wesizwe” or “the Company”) UPDATE: SAP S/4HANA ERP SYSTEM IMPLEMENTATION Shareholders are referred to the announcements released on the Johannesburg Stock Exchange (“JSE”) News Service, the last of which was published on 31 March 2026, relating&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/24-june-2026-update-sap-s-4hana-erp-system-implementation/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>WESIZWE PLATINUM LIMITED</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated in the Republic of South Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Registration number: 2003/020161/06</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN number: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>” or “<strong>the Company</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">UPDATE: SAP S/4HANA ERP SYSTEM IMPLEMENTATION</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are referred to the announcements released on the Johannesburg Stock Exchange (“JSE”) News Service, the last of which was published on 31 March 2026, relating to the re-implementation of SAP S/4 Hana ERP system.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Board approved the implementation of a new SAP S/4HANA Enterprise Resource Planning (&#8220;ERP&#8221;) system to replace the existing SAP ERP system lost in the cyberattack experienced by the Company in December 2024. The project is intended to strengthen the Company&#8217;s internal control environment and enhance operational efficiency, with an initial go-live target of early June 2026. However, while the original go-live timeline (early June 2026) was impacted by delays in finalising the Audited Annual Financial Statements for the year ended 31 December 2025 (“AFS”), this was a necessary step to ensure data accuracy and integrity within the new system.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Following the completion of the December 2025 AFS, the re-implementation of SAP S/4 Hana ERP system project advanced significantly:</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">• Core system setup and configuration have been completed</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">• Master data has been fully reviewed and standardised</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">• Opening balances are in the final stages of migration</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The project is now entering its final phase, with migration to the live production environment imminent. This will enable user access and mark the transition to operational use of the platform.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Near-Term Priorities</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">• Management is focused on ensuring a smooth transition and rapid stabilisation post go-live. Key activities include:</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">• Targeted onsite user training and refresher programmes</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">• Back-capturing and processing of transactions from January 2026 to date</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">• Integration of additional group entities into the system</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">• Rollout of enhanced functionality, including asset, inventory, and maintenance management</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Company remains committed to ensuring a controlled and effective implementation of the SAP S/4HANA system and will keep shareholders informed of any material developments.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">24 June 2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Sponsor</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG Capital</p>
]]></content:encoded>
					
		
		
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		<title>11 June 2026 &#8211; Lifting of Suspension</title>
		<link>https://wesizwe.co.za/11-june-2026-lifting-of-suspension/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Thu, 11 Jun 2026 09:15:11 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<category><![CDATA[SENS]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28067</guid>

					<description><![CDATA[WESIZWEPLATINUMLIMITED (Incorporated in the Republic of South Africa) (Registration number: 2003/020161/06) Share code: WEZ ISIN: ZAE000075859 (“Wesizwe” or the “Company”) LIFTING OF SUSPENSION Shareholders are referred to the announcement released by the JSE Limited (&#8220;JSE&#8220;) on SENS on 3 June 2025, in which shareholders were advised that the listing of Wesizwe’s securities had been suspended&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/11-june-2026-lifting-of-suspension/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><br><strong>W</strong><strong>ES</strong><strong>I</strong><strong>Z</strong><strong>W</strong><strong>E</strong><strong>P</strong><strong>L</strong><strong>A</strong><strong>T</strong><strong>I</strong><strong>NUM</strong><strong>L</strong><strong>I</strong><strong>M</strong><strong>I</strong><strong>T</strong><strong>E</strong><strong>D</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated in the Republic of South Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Registration number: 2003/020161/06)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>” or the “<strong>C</strong><strong>o</strong><strong>m</strong><strong>p</strong><strong>a</strong><strong>n</strong><strong>y</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>LIFTING OF SUSPENSION</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are referred to the announcement released by the JSE Limited (&#8220;<strong>JSE</strong>&#8220;) on SENS on 3 June 2025, in which shareholders were advised that the listing of Wesizwe’s securities had been suspended due to the Company&#8217;s failure to publish its audited annual financial statements for the year ended 31 December 2024 within the period prescribed by the JSE Listings Requirements (&#8220;<strong>Suspension</strong>&#8220;).</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are further referred to the monthly and quarterly suspension updates released by the Company, the latest of which was published on 28 May 2026, providing updates on the status of the Company and the steps being taken to address the Suspension.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Company is pleased to advise shareholders that the JSE has lifted the Suspension of the listing of the Company&#8217;s securities with immediate effect. Accordingly, trading in Wesizwe shares on the JSE has resumed, and shareholders may trade their shares from today.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The Board would like to thank shareholders for their patience and continued support throughout the period of Suspension.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">11 June 2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Sponsor</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG Capital</p>
]]></content:encoded>
					
		
		
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		<title>05 June 2026 &#8211; Distribution of Integrated Annual Report and Notice of Annual General Meeting</title>
		<link>https://wesizwe.co.za/05-june-2026-distribution-of-integrated-annual-report-and-notice-of-annual-general-meeting/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Fri, 05 Jun 2026 11:39:15 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28056</guid>

					<description><![CDATA[WESIZWE PLATINUM LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2003/020161/06) Share code: WEZ ISIN: ZAE000075859 (“Wesizwe” or the “Company”) DISTRIBUTION OF INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING 1. DISTRIBUTION OF INTEGRATED ANNUAL REPORT Annual Report (‘Integrated Report’), incorporating the summarised consolidated group financial statements for the year ended 31&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/05-june-2026-distribution-of-integrated-annual-report-and-notice-of-annual-general-meeting/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>W</strong><strong>ES</strong><strong>I</strong><strong>Z</strong><strong>W</strong><strong>E </strong><strong>P</strong><strong>L</strong><strong>A</strong><strong>T</strong><strong>I</strong><strong>NUM </strong><strong>L</strong><strong>I</strong><strong>M</strong><strong>I</strong><strong>T</strong><strong>E</strong><strong>D</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated in the Republic of South Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Registration number: 2003/020161/06)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>” or the “<strong>C</strong><strong>o</strong><strong>m</strong><strong>p</strong><strong>a</strong><strong>n</strong><strong>y</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>DISTRIBUTION OF INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL</strong> <strong>GENERAL MEETING</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>1</strong><strong>. </strong><strong>DISTRIBUTION OF INTEGRATED ANNUAL</strong><strong> REPORT</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Annual Report (‘<strong>Integrated Report</strong>’), incorporating the summarised consolidated group financial statements for the year ended 31 December 2025 (‘<strong>Summarised Financial</strong> <strong>Statements</strong>’) and the notice of the Annual General Meeting (“<strong>AGM</strong>”) of the Company (‘<strong>Notice ofAGM</strong>’), was dispatched to Shareholders today, 5 June 2026.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The following documents will be available on the Company’s website, at www.wesizwe.co.za as from today, 5 June 2026:</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">2.1 the Integrated Report, incorporating the summarised financial statements and Notice of AGM:</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><a href="https://wesizwe.co.za/wp-content/uploads/2026/06/wesizwe-iar-2025.pdf ">https://wesizwe.co.za/wp-content/uploads/2026/06/wesizwe-iar-2025.pdf </a>and</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">2.2 the Annual Financial Statements:</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><a href="https://wesizwe.co.za/wp-content/uploads/2026/05/wesizwe_afs_december-2025.pdf">https://wesizwe.co.za/wp-content/uploads/2026/05/wesizwe_afs_december-2025.pdf</a></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>3. </strong><strong>NOTICE OF ANNUAL GENERAL MEETING</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Notice is hereby given that the AGM will be held virtually on Tuesday, 30 June 2026 to transact the business as set out in the abovementioned Notice of AGM.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Kindly note the following salient details:</p>



<figure style="font-style:normal;font-weight:500" class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Issuer name&nbsp;</td><td>Wesizwe Platinum Limited</td></tr><tr><td>Type of instrument&nbsp;</td><td>Ordinary shares</td></tr><tr><td>ISIN number&nbsp;</td><td>ZAE000075859</td></tr><tr><td>JSE code&nbsp;</td><td>WEZ</td></tr><tr><td>Meeting type&nbsp;</td><td>Annual General Meeting</td></tr><tr><td>Meeting venue&nbsp;</td><td>To be held virtually</td></tr><tr><td>Record date – to determine which shareholders are entitled to receive the notice of meeting</td><td>Friday, 29 May 2026</td></tr><tr><td>Publication/posting date&nbsp;</td><td>Friday, 5 June 2026</td></tr><tr><td>Last day to trade – Last day to trade to determine eligible shareholders that may attend, speak and vote</td><td>Monday, 15 June 2026</td></tr></tbody></table></figure>



<figure style="font-style:normal;font-weight:500" class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>at the meeting</td><td><br></td></tr><tr><td>Record date– to determine eligible shareholders that may attend, speak and vote at the meeting</td><td>Friday, 19 June 2026</td></tr><tr><td>Meeting deadline date (For administrative purposes, forms of proxy for the meeting to be lodged)</td><td>Friday, 26 June 2026</td></tr><tr><td>Meeting date&nbsp;</td><td>Tuesday, 30 June 2026</td></tr><tr><td>Publication of results&nbsp;</td><td>Tuesday, 30 June 2026</td></tr><tr><td>Website link&nbsp;</td><td><a href="https://wesizwe.co.za/wp-content/uploads/2026/06/wesizwe-iar-2025.pdf" data-type="link" data-id="https://wesizwe.co.za/wp-content/uploads/2026/06/wesizwe-iar-2025.pdf">https://wesizwe.co.za/wp- content/uploads/2026/06/wesizwe- iar-2025.pdf</a></td></tr></tbody></table></figure>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">5 June 2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Sponsor</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG Capital</p>
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		<title>04 June 2026 &#8211; Wesizwe Platinum Limited Confirms Commencement of Section 189 Consultation Process</title>
		<link>https://wesizwe.co.za/04-june-2026-media-statement/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Thu, 04 Jun 2026 06:29:11 +0000</pubDate>
				<category><![CDATA[Media Announcements]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28032</guid>

					<description><![CDATA[MEDIA STATEMENT __________________________________________________________________________________ WESIZWE PLATINUM LIMITED CONFIRMS COMMENCEMENT OF SECTION 189 CONSULTATION PROCESS AT ITS FLAGSHIP OPERATION Rustenburg, South Africa, 04 June 2026. Wesizwe Platinum Limited confirms that a consultation process has commenced in terms of Section 189(3), read with Section 189A of the Labour Relations Act, 66 of 1995, at its flagship operation, Bakubung&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/04-june-2026-media-statement/">Read more</a>]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>MEDIA STATEMENT</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>__________________________________________________________________________________</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>WESIZWE PLATINUM LIMITED CONFIRMS COMMENCEMENT OF SECTION 189</strong> <strong>CONSULTATION PROCESS AT ITS FLAGSHIP OPERATION</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Rustenburg, South Africa, 04 June 2026. </strong>Wesizwe Platinum Limited confirms that a consultation process has commenced in terms of Section 189(3), read with Section 189A of the Labour Relations Act, 66 of 1995, at its flagship operation, Bakubung Platinum Mine, located in Ledig in the North West Province.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The process follows the Company’s ongoing review of the operational and economic position of Bakubung Platinum Mine, including the need to implement a turnaround strategy aimed at preserving liquidity, protecting the long-term viability of the operation, and repositioning the business towards a sustainable operating model aligned to the future 3.5 Mtpa strategy.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Wesizwe wishes to emphasise that no final decision has been taken regarding any retrenchments. The Section 189 process is a formal joint consensus-seeking consultation process with recognised trade unions and elected employee representatives. The consultation process will consider the reasons for the proposed restructuring, alternatives to retrenchment and measures to mitigate the impact on employees.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Wesizwe recognises the sensitivity of this process and the potential impact it may have on employees, families, host communities and other stakeholders. The Company remains committed to engaging openly, responsibly and constructively with affected employees, organised labour, regulators, local government, traditional leadership and other relevant stakeholders as the process unfolds.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">As a precautionary measure, and in line with the Group’s commitment to safety and its value of Zero Harm to People and the Environment, Bakubung Platinum Mine has instituted a temporary operational shutdown. This measure has been taken to allow the Company to monitor the situation and ensure the safety and security of employees before resuming operations.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Wesizwe will continue to assess the situation and operations will resume once the Company is satisfied that it is safe and appropriate to do so.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Wesizwe remains committed to managing this process lawfully, fairly and responsibly, while protecting the integrity of the formal consultation process and the long-term sustainability of Bakubung Platinum Mine.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">For any questions/enquiries related to the commencement of the Section 189 consultation process Bakubung Platinum Mine, kindly contact:</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Ms. Itumeleng Mogale</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Executive Head: Corporate Affairs</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Itumeleng.Mogale@wesizwe.com</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Tel: 014 004 1187</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Mobile: 082 936 1184</strong><br><br></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">For any other unrelated media enquiry(ies) contact:</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Ms. Prudence Motswatswe</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Communications Specialist</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Prudence.Motswatswe@wesizwe.com</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>Tel: 014 004 1147</strong><br><br></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>ENDS</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"></p>
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		<title>03 June 2026 &#8211; Bakubung Platinum Mine Enters Section 189 Consultations and Operational Update</title>
		<link>https://wesizwe.co.za/03-june-2026-bakubung-platinum-mine-enters-section-189-consultations-and-operational-update/</link>
		
		<dc:creator><![CDATA[wesadm]]></dc:creator>
		<pubDate>Thu, 04 Jun 2026 06:25:40 +0000</pubDate>
				<category><![CDATA[SENS Announcements]]></category>
		<category><![CDATA[SENS]]></category>
		<guid isPermaLink="false">https://wesizwe.co.za/?p=28030</guid>

					<description><![CDATA[WESIZWE PLATINUM LIMITED (Incorporated in the Republic of South Africa) Registration number: 2003/020161/06 Share code: WEZ ISIN number: ZAE000075859 (“Wesizwe” or “the Company”) BAKUBUNG PLATINUM MINE ENTERS SECTION 189 CONSULTATIONS AND OPERATIONAL UPDATE Shareholders are advised that Bakubung Minerals (Pty) Ltd (“Bakubung”) will enter into consultations in terms of Section 189A of the Labour Relations&#8230; <br> <a class="read-more" href="https://wesizwe.co.za/03-june-2026-bakubung-platinum-mine-enters-section-189-consultations-and-operational-update/">Read more</a>]]></description>
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<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>WESIZWE PLATINUM LIMITED</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(Incorporated in the Republic of South Africa)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Registration number: 2003/020161/06</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Share code: WEZ</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">ISIN number: ZAE000075859</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">(“<strong>Wesizwe</strong>” or “<strong>the Company</strong>”)</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>BAKUBUNG PLATINUM MINE ENTERS SECTION 189 CONSULTATIONS AND</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500"><strong>OPERATIONAL UPDATE</strong></p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are advised that Bakubung Minerals (Pty) Ltd (“<strong>Bakubung</strong>”) will enter into consultations in terms of Section 189A of the Labour Relations Act 66 of 1995 (“<strong>Section</strong> <strong>189A”), </strong>as amended with organized labour and other affected stakeholders, regarding the restructuring of its operations.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">The initiation of the Section 189A consultation process follows a decision by the board of directors to discontinue the Company&#8217;s 1 Mtpa production strategy with immediate effect. In its place, the Company will pursue a revised development strategy based on a single-stage ramp-up to a 3.5 Mtpa operation. This revised strategy will necessitate a reduction in the number of employees required to establish and sustain the production profile contemplated in the updated business plan.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">As part of its ongoing efforts to enhance operational efficiency, Bakubung has determined that a restructuring of its workforce is necessary to ensure the effective and sustainable operation of its business and to achieve a meaningful reduction in operating expenditure. The proposed restructuring is expected to affect approximately 497 employees across various staff levels and disciplines throughout the business.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Through the formal Section 189A consultation process, which will be facilitated under the auspices of the Commission for Conciliation, Mediation and Arbitration, the Company and all affected stakeholders will jointly consider measures and alternatives aimed at avoiding or mitigating potential retrenchments. Notwithstanding this, Bakubung&#8217;s preliminary assessment is that viable alternatives to workforce reduction are limited. Maintaining the current headcount of 706 employees would not constitute a reasonable or sustainable course of action, as it would fail to address the Company&#8217;s operational challenges and its imperative to implement efficiency measures and restore a trajectory of profitability and growth.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Shareholders are further advised that to facilitate meaningful engagement during the consultation process and create an environment that allows all parties to focus on the matters under consultation, Bakubung will implement a temporary operational shutdown for a period of three (3) weeks from 18H00 on 03 June 2026, while maintaining the Mine in a safe, secure, environmentally compliant and operationally ready condition.</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Bakubung remains committed to engaging constructively with all relevant stakeholders in order to mitigate the impact on the remainder of its operations and its employees.Johannesburg</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">3 June 2026</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">Sponsor</p>



<p class="wp-block-paragraph" style="font-style:normal;font-weight:500">PSG Capital</p>
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