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NORTHAM PLATINUM LIMITED - Trading statement

Release Date: 05/08/2014 14:48
Code(s): NHM001 NHM     PDF:  
Wrap Text
Trading statement

NORTHAM PLATINUM LIMITED
(Registration number 1977/003282/06)
(Incorporated in the Republic of South Africa)
ISIN: ZAE000030912
JSE Code: NHM
Debt issuer code: NHMI
(the “group”)



TRADING STATEMENT

Shareholders are advised that the group’s earnings per share and headline earnings per share for the
year ended 30 June 2014 are estimated to range between a loss of 8.0 cents per share and earnings
of 12.0 cents per share, compared to the earnings of 132.0 cents per share and headline earnings of
136.5 cents per share that were reported for the year ended 30 June 2013.

The anticipated decline in earnings reflects the negative impact of industrial action that resulted in the
suspension of production at the group’s Zondereinde mine from 3 November 2013 to
21 January 2014. In addition, the new Booysendal mine is still ramping up to full production and is yet
to contribute positively to the group’s earnings.

The weighted average number of shares in issue for the year ended 30 June 2014 increased to
390 969 652, compared to 382 560 902 shares for the year ended 30 June 2013, following a rights
offer concluded in December 2013.

The information contained in this trading statement has not been reviewed or reported on by the
group’s auditors.

It is anticipated that the reviewed preliminary results for the year ended 30 June 2014 will be released
on or about 14 August 2014.



Johannesburg
5 August 2014

Sponsor:
One Capital

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