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NHM - Northam Platinum Limited - Directors` dealings: acceptance of options

Release Date: 03/02/2011 07:05
Code(s): NHM
Wrap Text

NHM - Northam Platinum Limited - Directors` dealings: acceptance of options NORTHAM PLATINUM LIMITED Incorporated in the Republic of South Africa (Registration number 1977/003282/06) Share code: NHM ISIN code: ZAE000030912 ("Northam" or "the Company") DIRECTORS` DEALINGS: ACCEPTANCE OF OPTIONS In compliance with paragraph 3.63 of the JSE Limited Listings Requirements ("Listings Requirements"), Northam hereby advises its shareholders of the following dealings by directors of the Company: Name of director Ayanda Zemini Khumalo Date of transaction 1 July 2010 Nature of transaction Acceptance of options in terms of the Northam Share Option Scheme Class of securities Options over ordinary shares Number of shares covered by options 125 000 Strike price R45.59 per share Vesting period 50% on the 2nd anniversary of the offer date and 100% on the 3rd
anniversary of the offer date Value of transaction - Nature and extent of director`s Direct beneficial interest Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the Listings Yes Requirements Name of director Ayanda Zemini Khumalo Date of transaction 12 October 2010 Nature of transaction Acceptance of options in terms of the Northam Share Option Scheme
Class of securities Options over ordinary shares Number of shares covered by options 125 000 Strike price R46.57 per share Vesting period 50% on the 2nd anniversary of the offer date and 100% on the 3rd anniversary of the offer date Value of transaction - Nature and extent of director`s Direct beneficial interest Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the Listings Yes Requirements Name of director Glyn Tudor Lewis Date of transaction 12 October 2010 Nature of transaction Acceptance of options in terms of the Northam Share Option Scheme Class of securities Options over ordinary shares Number of shares covered by options 187 500 Strike price R46.57 per share Vesting period 50% on the 2nd anniversary of the offer date and 100% on the 3rd anniversary of the offer date Value of transaction - Nature and extent of director`s Direct beneficial interest Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the Listings Yes Requirements Johannesburg 2 February 2011 Sponsor Barnard Jacobs Mellet Corporate Finance (Pty) Limited Date: 03/02/2011 07:05:45 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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