Wrap Text
Listing of new financial instruments – NHM027, NHM028 and NHM029
NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number 1977/003282/06
Debt issuer code: NHMI
Bond code: NHM027 Bond ISIN: ZAG000216052
Bond code: NHM028 Bond ISIN: ZAG000216045
Bond code: NHM029 Bond ISIN: ZAG000216037
("Northam")
LISTING OF NEW FINANCIAL INSTRUMENTS – NHM027, NHM028 AND NHM029
The JSE Limited ("JSE") has granted approval for the listing of Senior Unsecured Floating Rate Notes ("Notes")
under series NHM027, NHM028 and NHM029, respectively, issued under the Northam Platinum Limited
ZAR15 000 000 000 Domestic Medium Term Note Programme ("Programme"), dated 7 November 2024,
as amended and/or supplemented from time to time ("Programme Memorandum"), as guaranteed by
Booysendal Platinum Proprietary Limited, with effect from 13 June 2025.
Any capitalised terms not defined in this announcement shall have the meanings ascribed thereto in the section
of the Programme Memorandum headed "Terms and Conditions of the Notes".
The details pertaining to the issue of the NHM027 Notes are as follows:
Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR12 206 000 000 (inclusive of this issue of NHM027 Notes, the
NHM028 Notes and the NHM029 Notes, all issuing on
13 June 2025)
Stock Code: NHM027
Nominal Amount: ZAR2 559 000 000
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 215 bps per annum
Interest Determination Date(s): 13 September, 13 December, 13 March and 13 June (or the
first Business Day of each Interest Period) of each year until the
Maturity Date, with the first Interest Determination Date being
10 June 2025
Interest Payment Basis: Floating Rate
Issue Date: 13 June 2025
Interest Commencement Date: 13 June 2025
Maturity Date: 13 June 2028
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 7 September, 7 December, 7 March and
7 June of each year until the Maturity Date, or if such day is not
a Business Day, the Business Day before each Books Closed
Period
Books Closed Period(s): The Register will be closed from 8 September to
12 September, 8 December to 12 December, 8 March to
12 March and 8 June to 12 June (all dates inclusive) in each
year until the Maturity Date, or if any early redemption occurs,
5 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 13 September, 13 December, 13 March and 13 June of
each year until the Maturity Date or, if such day is not a
Business Day, the Business Day on which interest will be paid, as
determined in accordance with the Applicable Business Day
Convention with the first Interest Payment Date being
13 September 2025, or, if such day is not a Business Day, the
Business Day on which interest will be paid, as determined in
accordance with the Applicable Business Day Convention, as
specified in the applicable pricing supplement ("APS")
International Securities Identification ZAG000216052
Number:
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions or
changes to the Terms and Conditions. The APS is available on
Northam's website:
https://www.northam.co.za/downloads?task=download.send&id=
1592&catid=185&m=0
The details pertaining to the issue of the NHM028 Notes are as follows:
Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR12 206 000 000 (inclusive of this issue of NHM028 Notes, the
NHM027 Notes and the NHM029 Notes, all issuing on
13 June 2025)
Stock Code: NHM028
Nominal Amount: ZAR628 000 000
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 255 bps per annum
Interest Determination Date(s): 13 September, 13 December, 13 March and 13 June (or the
first Business Day of each Interest Period) of each year until the
Maturity Date, with the first Interest Determination Date being
10 June 2025
Interest Payment Basis: Floating Rate
Issue Date: 13 June 2025
Interest Commencement Date: 13 June 2025
Maturity Date: 13 June 2029
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 7 September, 7 December, 7 March and
7 June of each year until the Maturity Date, or if such day is not a
Business Day, the Business Day before each Books Closed Period
Books Closed Period(s): The Register will be closed from 8 September to
12 September, 8 December to 12 December, 8 March to
12 March and 8 June to 12 June (all dates inclusive) in each
year until the Maturity Date, or if any early redemption occurs,
5 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 13 September, 13 December, 13 March and 13 June of each
year until the Maturity Date or, if such day is not a Business Day,
the Business Day on which interest will be paid, as determined in
accordance with the Applicable Business Day Convention with the
first Interest Payment Date being 13 September 2025, or, if such
day is not a Business Day, the Business Day on which interest will
be paid, as determined in accordance with the Applicable Business
Day Convention, as specified in the APS
International Securities Identification ZAG000216045
Number:
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions or
changes to the Terms and Conditions. The APS is available on
Northam's website:
https://www.northam.co.za/downloads?task=download.send&id=
1593&catid=185&m=0
The details pertaining to the issue of the NHM029 Notes are as follows:
Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR12 206 000 000 (inclusive of this issue of NHM029 Notes, the
NHM027 Notes and the NHM028 Notes, all issuing on
13 June 2025)
Stock Code: NHM029
Nominal Amount: ZAR2 513 000 000
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 295 bps per annum
Interest Determination Date(s): 13 September, 13 December, 13 March and 13 June (or the
first Business Day of each Interest Period) of each year until the
Maturity Date, with the first Interest Determination Date being
10 June 2025
Interest Payment Basis: Floating Rate
Issue Date: 13 June 2025
Interest Commencement Date: 13 June 2025
Maturity Date: 13 June 2030
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 7 September, 7 December, 7 March and
7 June of each year until the Maturity Date, or if such day is not a
Business Day, the Business Day before each Books Closed Period
Books Closed Period(s): The Register will be closed from 8 September to
12 September, 8 December to 12 December, 8 March to
12 March and 8 June to 12 June (all dates inclusive) in each
year until the Maturity Date, or if any early redemption occurs,
5 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 13 September, 13 December, 13 March and 13 June of each
year until the Maturity Date or, if such day is not a Business Day,
the Business Day on which interest will be paid, as determined in
accordance with the Applicable Business Day Convention with the
first Interest Payment Date being 13 September 2025, or, if such
day is not a Business Day, the Business Day on which interest will
be paid, as determined in accordance with the Applicable Business
Day Convention, as specified in the APS
International Securities Identification ZAG000216037
Number:
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions or
changes to the Terms and Conditions. The APS is available on
Northam's website:
https://www.northam.co.za/downloads?task=download.send&id=
1594&catid=185&m=0
The Notes will be dematerialised in the Central Securities Depository and settlement will take place electronically
in terms of the JSE rules.
Johannesburg
12 June 2025
Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Programme
One Capital
Attorneys to Northam, the Arranger and the Dealer in respect of the Programme
Bowman Gilfillan Inc.
Date: 12-06-2025 05:00:00
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