The total value of the BBBEE transaction is R2, 7 billion, which represents 15,29% of the value of PPC. The funding of this transaction has been achieved through innovative funding structures that release the maximum benefit to the broad-based participants at the earliest possible time through the payment of dividends.
The Broad Based Black Economic Empowerment (BBBEE) transaction created and transferred equity into black hands through various broad-based trusts, a consortium of four Strategic Business Partners and two Community Services Groups.
The equity distribution to achieve this sustainable and all encompassing transaction was as follows: