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NORTHAM PLATINUM LIMITED - Listing of tap issue (NHM014) under the increased DMTN Programme

Release Date: 02/04/2020 17:00
Wrap Text
Listing of tap issue (NHM014) under the increased DMTN Programme

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt issuer code: NHMI
Bond code: NHM002       Bond ISIN: ZAG000129024
Bond code: NHM006       Bond ISIN: ZAG000158577
Bond code: NHM007       Bond ISIN: ZAG000158593
Bond code: NHM008       Bond ISIN: ZAG000158858
Bond code: NHM009       Bond ISIN: ZAG000158866
Bond code: NHM010       Bond ISIN: ZAG000159229
Bond code: NHM011       Bond ISIN: ZAG000159237
Bond code: NHM012       Bond ISIN: ZAG000160136
Bond code: NHM013       Bond ISIN: ZAG000162181
Bond code: NHM014       Bond ISIN: ZAG000163650
Bond code: NHM015       Bond ISIN: ZAG000164922
(“Northam”)

LISTING OF TAP ISSUE (NHM014) UNDER THE INCREASED DMTN PROGRAMME

Noteholders are advised that the board of directors of Northam has approved an increase in the Programme
Nominal Amount in terms of the provisions of the programme memorandum for its ZAR5 000 000 000.00
Domestic Medium Term Note Programme dated 3 August 2012, as amended and / or supplemented from time
to time (“DMTN Programme”), from ZAR5 000 000 000.00 to ZAR10 000 000 000.00.

Noteholders are further advised that the JSE Limited (“JSE”) has granted approval for the listing of a tap issue of
NHM014 Senior Unsecured Floating Rate Notes (“Notes”), under the DMTN Programme, as guaranteed by
Booysendal Platinum Proprietary Limited, with effect from 3 April 2020.

The details pertaining to the tap issue of NHM014 are as follows:

 Instrument Type:                                      Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                 ZAR5 445 000 000.00 including this issue
 Instrument Code:                                      NHM014
 Nominal Amount:                                       ZAR1 270 000 000.00
 Issue Price:                                          101.066164%
 Interest Rate:                                        3 Month ZAR-JIBAR plus 250 bps
 Interest Rate Determination Date(s):                  20 February, 20 May, 20 August and 20 November (or the
                                                       first Business Day of each Interest Period) of each year
                                                       until the Maturity Date
 Coupon Rate Indicator:                                Floating
 Issue Date:                                           3 April 2020
 Interest Commencement Date:                           20 February 2020
 Maturity Date:                                        20 November 2021
 Final Redemption Amount:                              100% of Nominal Amount
 Last Day to Register:                                 By 17h00 on 9 February, 9 May, 9 August and
                                                       9 November of each year until the Maturity Date
 Books Closed Period:                                  From 10 February to 19 February, 10 May to 19 May,
                                                       10 August to 19 August and 10 November to
                                                       19 November of each year until the Maturity Date (all
                                                       dates inclusive) or if any early redemption occurs, 10 days
                                                       prior to the actual Redemption Date
 Interest Payment Date(s):                             20 February, 20 May, 20 August and 20 November of
                                                       each year until the Maturity Date
 ISIN No:                                              ZAG000163650
 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 DMTN 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/1280-listing-of-tap-issue-nhm014


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


Johannesburg
2 April 2020

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

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

Date: 02-04-2020 05:00:00
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