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NORTHAM PLATINUM LIMITED - Results of the claw-back rights offer

Release Date: 09/12/2013 10:23
Code(s): NHM001 NHM     PDF:  
Wrap Text
Results of the claw-back rights offer

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM
Debt issuer code: NHMI
ISIN code: ZAE000030912
Letters of allocation share code: NHMN
Letters of allocation ISIN: ZAE000184164
(Northam or company)

Results of the claw-back rights offer

1. Introduction

Northam shareholders are referred to the announcements published on SENS on 20 September 2013 and 1
November 2013, as well as the circular to shareholders issued on 18 November 2013 (circular), setting out
the details of Northam’s fully subscribed R600 million renounceable claw-back rights offer of 15 million new
Northam ordinary shares (claw-back shares) in the ratio of 3.92068 claw-back shares for every 100 Northam
ordinary shares held on Friday, 15 November 2013, at a subscription price of R40 per claw-back share
(offer).

As set out in the circular, pursuant to the commitment agreement entered into between Northam and
Coronation Asset Management Proprietary Limited (subscriber), the offer was fully subscribed for.

2. Results

The offer closed at 12:00 on Friday, 6 December 2013 (record date). The results of the offer are as follows:


                                                            Number of claw-back         Percentage of claw-back
                                                                         shares                          shares
Claw-back shares available for subscription                          15 000 000                            100%
Claw-back shares subscribed for                                       6 563 015                          43.75%
Claw-back shares allocated to the subscriber                          8 436 985                          56.25%


3. Issue of claw-back shares

The claw-back shares will be issued today, Monday, 9 December 2013.


Dematerialised shareholders registered as such on the record date (or their renouncees), who validly
subscribed for claw-back shares, will have their accounts with their central securities depository participant or
broker credited with the claw-back shares to which they are entitled today, Monday, 9 December 2013.


Certificated shareholders registered as such on the record date (or their renouncees), who validly subscribed
for claw-back shares, will have share certificates in respect of the claw-back shares to which they are entitled
posted to them via registered post, at their own risk, today, Monday, 9 December 2013.

Johannesburg
9 December 2013


Sole corporate and debt advisor, sole bookrunner, JSE sponsor and JSE debt sponsor
One Capital


Attorneys
Cliffe Dekker Hofmeyr Inc.

Date: 09/12/2013 10:23:00 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
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