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NORTHAM PLATINUM LIMITED - Cautionary Announcement

Release Date: 27/03/2014 08:39
Code(s): NHM001 NHM     PDF:  
Wrap Text
Cautionary Announcement

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM
Debt issuer code: NHMI
ISIN Code: ZAE 000030912
(“Northam” or “the company”)

CAUTIONARY ANNOUNCEMENT

In an announcement published on SENS on 3 August 2012, Northam shareholders were advised that
as a result of the then significant decline in the share prices of platinum group metal producers,
certain of Northam’s HDSA (Historically Disadvantaged South African) shareholders had been
compelled to dispose of a significant portion of their Northam shares following the breach of related
finance agreement covenants.

In this regard, Northam has made significant progress in structuring a proposed transaction which will
increase its HDSA ownership level (proposed HDSA transaction). The terms of the proposed HDSA
transaction are being finalised and a detailed announcement in this regard will be released in the
near future.

The detailed terms of the proposed HDSA transaction may have a material effect on the price of the
company’s securities. Accordingly, shareholders are advised to exercise caution when dealing in the
company’s securities until a further announcement in this regard is made.

Johannesburg
27 March 2014

Corporate Advisor, Sponsor and Debt Sponsor:
One Capital

Date: 27/03/2014 08:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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