Most fibular plates neutralise: they sit on the lateral surface and hold an already-lagged fracture. A plate on the posterior surface does more. Behind an oblique fracture of the lateral malleolus it acts as a buttress, and every load that travels down the leg drives the distal fragment into the plate rather than along the fracture plane. This antiglide effect can stabilise the fracture even before the screws do their full work, and it resists the upward slide that short oblique fractures are prone to.
The placement also moves the implant away from the most prominent part of the malleolus, which suits patients in whom hardware over the lateral apex would be felt under the skin. Whether the posterior or the lateral placement fits a given fracture, and whether an antiglide construct alone suffices or lag screws are added through or outside the plate, is judged by the operating surgeon from the fracture obliquity and the soft tissues.