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NORTHAM PLATINUM LIMITED - Listing of tap issue NHM016

Release Date: 04/09/2020 17:00
Code(s): NHM016     PDF:  
Wrap Text
Listing of tap issue – NHM016

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt issuer code: NHMI
Bond code: NHM016 Bond ISIN: ZAG000167750
(“Northam”)

LISTING OF TAP ISSUE – NHM016

The JSE Limited (“JSE”) has granted approval for the listing of a tap issuance of NHM016 Senior Unsecured
Floating Rate Notes (“Notes”), issued under the Northam Platinum Limited ZAR10 000 000 000 Domestic
Medium Term Note Programme, dated 3 August 2012, as amended and supplemented from time to time
(“Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 7 September 2020.

The details pertaining to the tap issue of NHM016 series are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR5 806 715 839.00 including this issue
 Instrument Code:                                     NHM016
 Tranche Number:                                      3
 Nominal Amount:                                      ZAR165 966 845.00
 Issue Price:                                         100.573288%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 425 bps per annum
 Interest Rate Determination Date(s):                 11 August, 11 November, 11 February, and 11 May (or the
                                                      first Business Day of each Interest Period) of each year
                                                      until the Maturity Date
 Coupon Rate Indicator:                               Floating
 Issue Date:                                          7 September 2020
 Interest Commencement Date:                          11 August 2020
 Maturity Date:                                       11 May 2025
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 31 July, 31 October, 31 January and 30 April
                                                      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:                                 1 August to 10 August, 1 November to 10 November,
                                                      1 February to 10 February and 1 May to 10 May of each
                                                      year until the Maturity Date (all dates inclusive), or if any
                                                      early redemption occurs, 10 Days prior to the actual
                                                      Redemption Date
 Floating Interest Payment Date(s):                   11 August, 11 November, 11 February, and 11 May 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
 ISIN:                                                ZAG000167750
 Business Day Convention:                             Following Business Day
 Other:                                               The applicable pricing supplement (“APS”) contains
                                                      additional terms and conditions to the Terms and
                                                      Conditions as contained in the Programme, (“Additional
                                                      Terms and Conditions”)
 Summary of Additional Terms and Conditions:          The Additional Terms and Conditions pertain to the
                                                      applicable guarantee and the amendment of Condition
                                                      16.1 (Senior Notes) by including additional Events of
                                                      Default in terms of Condition 16.1.1.9 (Other) of the
                                                      Terms and Conditions. Investors should refer to Appendix
                                                      “A” of the APS for full details of the Additional Terms and
                                                      Conditions,      available     on     Northam’s     website:
                                                      https://www.northam.co.za/downloads/send/96-
                                                      files/1319-applicable-pricing-supplement-nhm016-04-
                                                      september-2020


The Notes will be immobilised in the Central Securities Depository (CSD) and settlement will take place
electronically in terms of JSE Rules.


Johannesburg
4 September 2020


Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Notes
One Capital

Attorneys to Northam, the Arranger and the Dealer in respect of the Notes
Bowman Gilfillan Inc.

Date: 04-09-2020 05:00:00
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