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NEWGOLD ISSUER (RF) LIMITED - NGPLT/ NGNPLT - Change to the subscription block size of NewPlat Debentures

Release Date: 19/11/2018 07:05
Code(s): NGPLT     PDF:  
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NGPLT/ NGNPLT - Change to the subscription block size of NewPlat Debentures

NEWGOLD ISSUER (RF) LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2004/014119/06)
(“NewGold” or the “Company”)
JSE Share code: NGPLT
NSX Share code: NGNPLT
ISIN code: ZAE000177580
(“NewPlat ETF”)

CHANGE TO THE SUBSCRIPTION BLOCK SIZE OF NEWPLAT DEBENTURES

The NewPlat ETF prospectus issued on 18 April 2013 (the “Prospectus”) makes provisions for In Specie
Subscriptions and Redemptions of the NewPlat Bullion Debentures (“Debentures”) whereby an Investor
may subscribe/redeem Debentures in exchange for an In Specie delivery of Platinum Bullion, to the extent
that the investor is allowed and approved to deliver/receive Platinum Bullion, subject to the minimum
number of Debentures, which is currently 400 000 (the “Block”), which may be traded for an In Specie
transaction to be fulfilled.

One of the primary benefits of Exchange Traded Funds (“ETFs”) such as NewPlat ETF in particular, is that
the ETF security should be easily tradeable or liquid. Liquidity is largely dependent on the ease and
efficiency at which they can be created, bought, sold, redeemed and administered. NewGold Issuer has
determined that the size of the Block needs to be reduced in order to maximise liquidity for all market
participants.

NewGold Issuer (RF) Limited hereby gives notice that, as of 1 December 2018, the In Specie trading Block
will be reduced from 400,000 to 100,000 Debentures by the amendment of the definition of Block in
Annexure A of the Prospectus as follows:

“Block” means 100 000 Bullion Debentures”.

This amendment will not prejudice or diminish the rights of investors nor will it adversely affect the terms
and conditions of Debentures currently in issue to investors.

Investors may direct any questions or queries to the manager bon the following email address
etpmanagers@barclayscapital.com within seven (7) business days of the publication of this announcement.

All items capitalised herein are defined in the Prospectus and reference must made thereto.

19 November 2018

Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

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