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ROYAL BAFOKENG PLATINUM LIMITED - Directors' and Company Secretary Dealings in Terms of the RBPLAT Employee Share Schemes

Release Date: 21/04/2015 12:00
Code(s): RBP     PDF:  
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Directors' and Company Secretary Dealings in Terms of the RBPLAT 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 RBPLAT EMPLOYEE
SHARE SCHEMES

Shareholders are advised that, as approved by the Board, 833 085 ordinary
shares have been awarded to eligible employees of the Company at a deemed
value of R56.70 per share in terms of the Bonus Share Plan (BSP) and the
approved Forfeitable Share Plan (FSP). Of the aforementioned allocation,
545 742 are attributable to the BSP scheme and 287 343 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 three (3)
years until the date of maturity of such shares which shall then 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
employees accordingly.

The following executive directors, directors of a major subsidiary and
the company secretary, will receive awards on 21 April 2015 as follows:

SD Phiri (Chief Executive Officer)
33 054 ordinary shares in respect of the BSP scheme
75 808 ordinary shares in respect of the FSP scheme
Total current market related value: R6 172 475.40


MJL Prinsloo (Chief Financial Officer)
24 268 ordinary shares in respect of the BSP scheme
40 124 ordinary shares in respect of the FSP scheme
Total current market related value: R3 651 026.40

NA Carr (Director of Major Subsidiary)
22 778 ordinary shares in respect of the BSP scheme
38 978 ordinary shares in respect of the FSP scheme
Total current market related value: R3 501 565.20

KV Tlhabanelo (Director of Major Subsidiary)
18 039 ordinary shares in respect of the BSP scheme
24 072 ordinary shares in respect of the FSP scheme
Total current market related value: R2 387 637.00

LC Jooste (Company Secretary)
12 890 ordinary shares in respect of the BSP scheme
Total current market related value: R730 863.00

The nature and extent of interests in the above transactions are direct
beneficial (once vested) and off-market. Prior clearance to deal in the
company shares was obtained in terms of the company’s share dealing
policy and in   compliance   with   paragraph   3.66   of   the   JSE   Listings
Requirements.



Johannesburg
21 April 2015


JSE Sponsor
Merrill Lynch South Africa (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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