ROYAL BAFOKENG PLATINUM LIMITED - RBPCB - Notification of a Partial Capital Reduction of Listed Debt Securities

RBPCB - Notification of a Partial Capital Reduction of Listed Debt Securities

Royal Bafokeng Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2008/015696/06)
Company code: RBPD
Stock code: RBPCB
ISIN: ZAE000243853
(the “Issuer” or “RBPlat”)


NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of the Royal Bafokeng Platinum Limited
ZAR1 200 000 000 7% Senior Unsecured Convertible Registered Bonds due March 2022, issued
pursuant to the Listing Document dated 4 April 2017, as amended from time to time, bondholders are
herewith advised of the partial capital reduction of the RBPCB bonds.

Bond code:                                              RBPCB
ISIN:                                                   ZAE000243853
Denomination:                                           ZAR10 000.00 each
Settlement date of the conversion:                      7 May 2021
Effective date of the reduction in number of units:     7 May 2021

Number of units before reduction:                       61 253
Reduction in number of units:                           19 000
Number of units after reduction:                        42 523
Settlement / redemption amount:                         4 902 316 ordinary shares of the Issuer, at a
                                                        conversion price of ZAR38.7572 per bond
Notices requesting conversion delivered on:             21 April 2021
Conversion date:                                        22 April 2021

Number of units before reduction:                       42 253
Reduction in number of units:                           12 416
Number of units after reduction:                        29 837
Settlement / redemption amount:                         3 203 535 ordinary shares of the Issuer, at a
                                                        conversion price of ZAR38.7572 per bond
Notice requesting conversion delivered on:              22 April 2021
Conversion date:                                        23 April 2021


These reductions are due to the conversion of the listed debt securities by the bondholders.


5 May 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 05-05-2021 09:30:00
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