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

Release Date: 26/03/2021 15:00
Code(s): RBPCB     PDF:  
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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
ZAR 1 200 000 000 7.00 per cent Senior Unsecured Convertible Registered Bonds due 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
Number of units before reduction:                       120,000.00
Reduction in number of units:                           19,351.00
Number of units after reduction:                        100,649.00
Denomination:                                           ZAR10,000 each
Settlement / redemption amount:                         4 744 101 ordinary shares of the Issuer, at a
                                                        conversion price of R40.7896 per bond
Pay date / settlement date of the conversion:           29 March 2021
Effective date of the reduction in number of units:     29 March 2021

This reduction is due to the conversion of the listed debt securities by the bondholder on 24 March
2021, with a conversion date of 25 March 2021.



26 March 2021

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

Date: 26-03-2021 03:00:00
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