Spalding Investments 10 RF (PBT Group) disposal of a 2.6% indirect beneficial holding in PBT to The Intrepid Projects II

1 September 2025 Public record

Value
Undisclosed
Date
1 September 2025
Transaction type
Divestment, Equity Financing
Practice area
Mergers and Acquisitions, Project Finance and Infrastructure
Sector
Technology
Jurisdiction
South Africa
Client
The Intrepid Projects II (The Intrepid PBT Direct Partnership IV)

Summary

Spalding Investments 10 RF (PBT Group) disposal of a 2.6% indirect beneficial holding in PBT to The Intrepid Projects II.

Why it matters

Significant / value undisclosed

Scope of legal work

Cliffe Dekker Hofmeyr

Advisers

Other parties

The Intrepid Projects II (The Intrepid PBT Direct Partnership IV) (acquirer or client); 2.6% indirect beneficial holding in PBT Group (counterparty or seller)

Other advisers

Questco

Sources

Compiled by Meridian from the public announcements and filings listed under Sources.

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