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RBP - Royal Bafokeng Platinum Limited - Listing announcement and directors

Release Date: 09/11/2010 17:19
Code(s): RBP
Wrap Text

RBP - Royal Bafokeng Platinum Limited - Listing announcement and directors dealings ROYAL BAFOKENG PLATINUM LIMITED (formerly Royal Bafokeng Platinum (Proprietary) Limited and formerly Lisinfo 223 (Proprietary) Limited and formerly Lisinfo 223 Property (Proprietary) Limited) (Incorporated in the Republic of South Africa) (Registration number 2008/015696/06) JSE share code: RBP ISIN: ZAE000149936 ("RBPlat" or the "Company" or the "Issuer") NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA LISTING ANNOUNCEMENT AND DIRECTORS DEALINGS Reference is made to the pre-listing statement, dated 18 October 2010, the abridged pre-listing statement released on SENS on 18 October 2010, and pricing announcement relating to an offer for subscription by RBPlat and an offer for sale by Rustenburg Platinum Mines Limited ("RPM") and Royal Bafokeng Platinum Holdings (Proprietary) Limited ("RBPH"), subject to certain conditions, to institutional investors in South Africa and to selected institutional investors in other jurisdictions, and, by invitation, to management and employees of the Company and the Bafokeng Rasimone Platinum Mine. Given the fulfilment of the conditions of the offer to subscribe, 164,095,215 fully paid ordinary shares with par value of R0.01 each, it is confirmed that the entire issued share capital of the Company, was listed on the securities exchange operated by the JSE Limited on 8 November 2010. A total of 49,318,202 shares, representing a freefloat of 30.05%, were placed at a placement price of R60.50 a share, raising R2.98 billion. In addition, as disclosed in the pre-listing statement, 417,417 shares, valued at R25,253,728.50 were issued pursuant to the management share incentive schemes. Details of the specific allotments of shares, after obtaining the necessary clearance, to directors and officers of the Company are as follows: Employee Shares IPO Bonus Total Value acquired off Incentiv Plan direct market and e Scheme Shares beneficial paid for by Shares (still to allocation
directors, at be s officers and R60.50 allotted) associates at R60.50 on
subscription SD Phiri 99 174 99 174 - 198 348 R12 000 054 Director at R60.50 NJ Muller 74 989 74 989 28 186 178 164 R10 778 922 Director at R60.50 MJL 76 281 76 267 27 403 179 951 R10 887 036 Prinsloo at R60.50 Director 617 - - 617 R37 329 I Prinsloo at R60.50 2280 R147 858 (wife of 2280 MJL at R64.85 Prinsloo) MI 16 529 16 529 - 33 058 R2 000 009 Mthenjane at R60.50 Executive KV 27 273 27 273 - 54 546 R3 300 033 Tlhabanelo at R60.50 Executive VG Harris 31 405 31 405 - 62 810 R3 800 005 Executive at R60.50 LC Jooste 11 901 11 901 - 23 802 R1 440 021 Company at R60.50 Secretary Following the listing, the percentage of issued share capital held by the major shareholders is as follows: RPM 12.62% and RBPH 57.07%. These figures do not include any shares that may have been acquired by affiliated entities in the offer. Johannesburg 9 November 2010 Sponsor and stabilisation manager Rand Merchant Bank, a division of FirstRand Bank Limited This document does not constitute an invitation or an offer to the general public to acquire shares in RBPlat. The offer set out in the Pre-Listing Statement will only be capable of acceptance by the institutions and persons to whom it was specifically addressed. This document does not constitute an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities being offered have not and will not be registered under the Securities Act. There will be no public offering in the United States. This document does not constitute an offer of securities to the public in the United Kingdom. This document is directed only at: (i) persons who are outside the United Kingdom; or (ii) persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); (iii) high net worth entities falling within Article 49(2) of the Order; and (iv) other persons to whom it may lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to, and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Any offer of securities to the public that may be deemed to be made pursuant to this communication in any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Japan or Australia. Date: 09/11/2010 17:19:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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