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HARMONY GOLD MINING COMPANY LIMITED - Dealing in securities by directors

Release Date: 23/11/2017 13:45
Code(s): HAR     PDF:  
Wrap Text
Dealing in securities by directors

Harmony Gold Mining Company Ltd
Registration number: 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
JSE share code: HAR
(“Harmony” or “the company”)

In compliance with paragraphs 3.63 to 3.74 of the JSE Listings
Requirements, the following information is disclosed:

A.     DEALINGS IN SECURITIES BY DIRECTORS: SHARE VESTINGS AND
       ON MARKET SALES

In terms of provisions of the Harmony Share Plan, performance
shares and restricted shares vest after 3 years.

1. Name of director:                F Abbott (Financial
                                    Director)

     Nature of transaction:         Off   market   vesting   of
                                    restricted shares (ordinary
                                    shares)

     Date:                          17 November 2017

     Class of securities:           Ordinary shares

     Number of restricted shares
     vested and further             8 000
     restricted (2011 grant):

     Number of matched restricted
     shares vested (2014 grant):    8 000

     Vesting and market price per   R24.92
     share:

     Total value of shares
     vested:                        R398 720(pre-tax)

     Nature and extent of
     directors interest:            Direct beneficial


2. Name of director:                HE Mashego (Executive
                                    Director)

Nature of transaction:              Off market vesting and on
                                    market sale of performance
                                    shares and restricted
                                       shares(ordinary shares)

Date:                                  17 November 2017

Class of securities:                   Ordinary shares

Number of performance shares
vested and sold on market:             101 807

Vesting   and   market   price   per   R24.72
share:

Total value of shares       vested
and proceeds for on         market
sale:                                  R2 516 669(pre-tax)

Number of restricted shares
vested and further restricted          8 000
(2011 grant):

Number of matched restricted
shares vested (2014 grant):            8 000

Vesting   and   market   price   per   R24.72
share:

Total value of shares vested
and sold on market:                    R395 520(pre-tax)

Nature and extent of directors
interest:                              Direct beneficial


3. Name of company secretary:          R Bisschoff (Company
                                       Secretary)

  Nature of transaction:               Off market vesting and on
                                       market sale of performance
                                       shares (ordinary shares)

  Date:                                17 November 2017

  Class of securities:                 Ordinary shares

  Number of performance shares
  vested:                              32 292

  Number of performance shares
  vested and sold on market to         15 015
  cover tax:
  Vesting and market price per     R24.72
  share:

  Proceeds for on market sale
  to cover tax:                    R371 170 (pre-tax)

  Number of shares retained in     17 277
  own name:

  Nature and extent of
  directors interest:              Direct beneficial


Prior clearance was obtained in respect of the above dealings
by the directors.

For more details contact:

Lauren Fourie
Investor Relations Manager
+27 (0) 071 607 1498 (mobile)

Johannesburg, South Africa
23 November 2017

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Date: 23/11/2017 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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