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ROYAL BAFOKENG PLATINUM LIMITED - Directors' and company secretary dealings in terms of the employee share schemes

Release Date: 18/08/2014 16:00
Code(s): RBP     PDF:  
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Directors' and company secretary dealings in terms of the employee share schemes

Royal Bafokeng Platinum Limited
(Incorporated in South Africa)
Registration number 2008/015696/06
Share code: RBP
ISIN: ZAE000149936
("RBPlat" or "the Company")


DIRECTORS’ AND COMPANY SECRETARY DEALINGS IN TERMS OF THE EMPLOYEE
SHARE SCHEMES

Shareholders are advised that as approved by the Board, 590 851
ordinary shares at the 30 day volume weighted average price of
R71.914 have been awarded to eligible employees of the Company in
terms of the Bonus Share Plan (BSP) and recently approved
Forfeitable Share Plan (FSP). Of the aforementioned allocation,
355 656 are attributable to the BSP scheme and 235 195 to the FSP
scheme.

In terms of the BSP scheme rules the shares are to be held by the
Company’s escrow agent on behalf of employees for a period of at
least three (3) years until the date of maturity of such shares
which shall vest in terms of the scheme rules. In respect of the
FSP scheme rules the shares shall vest on the third, fourth and
fifth anniversary of the allocation date and shall be held by the
escrow agent on behalf of eligible employee for that period.

The following executive directors, directors of a major subsidiary
and the company secretary, will receive the awards as follows:

SD Phiri (Chief Executive Officer)
26 106 ordinary shares in respect of the BSP scheme
56 443 ordinary shares in respect of the FSP scheme
Total deemed market related value: R5 936 428.79

MJL Prinsloo (Chief Financial Officer)
19 040 ordinary shares in respect of the BSP scheme
29 725 ordinary shares in respect of the FSP scheme
Total deemed market related value: R3 506 886.21

NJ Muller (Chief Operating Officer)
18 681 ordinary shares in respect of the BSP scheme
30 346 ordinary shares in respect of the FSP scheme
Total deemed market related value: R3 525 727.58

KV Tlhabanelo (Director of Major Subsidiary)
13 704 ordinary shares in respect of the BSP scheme
19 655 ordinary shares in respect of the FSP scheme
Total deemed market related value: R2 398 979.13

LC Jooste (Company Secretary)
10 164 ordinary shares in respect of the BSP scheme
Total deemed market related value: R730 933.90
Nature and extent of interests: direct beneficial (once vested),
off-market transactions.

The share allotments as described above will be finalised and
delivered to the participant’s escrow accounts on or about 26
August 2014.



Johannesburg
18 August 2014


JSE Sponsor
Macquarie First South Capital (Pty) Limited

For further enquiries, please contact:

Lester Jooste
Company Secretary
Tel: +27 (0)10 590 4519
Email: lester@bafokengplatinum.co.za

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