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NORTHAM PLATINUM LIMITED - Partial capital redemptions NHM007, NHM009, NHM011 and NHM018

Release Date: 04/11/2021 12:45
Code(s): NHM007 NHM009 NHM011 NHM018     PDF:  
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Partial capital redemptions – NHM007, NHM009, NHM011 and NHM018

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number: 1977/003282/06
Debt issuer code: NHMI
Bond code: NHM007       Bond ISIN: ZAG000158593
Bond code: NHM009       Bond ISIN: ZAG000158866
Bond code: NHM011       Bond ISIN: ZAG000159237
Bond code: NHM018       Bond ISIN: ZAG000168097
(“Northam”)

PARTIAL CAPITAL REDEMPTIONS – NHM007, NHM009, NHM011 AND NHM018

Northam noteholders (“Noteholders”) are advised of the reduction in the nominal amount of notes in bond
series NHM007, NHM009, NHM011 and NHM018 (the “Applicable Notes”), guaranteed by Booysendal
Platinum Proprietary Limited, by an aggregate amount of R915 800 000, with effect from
11 November 2021 (“Reduction”). The Reduction will be implemented in accordance with the terms and
conditions of the Northam Platinum Limited R15 000 000 000 Domestic Medium Term Note Programme as
amended and/or supplemented from time to time (the “Programme”).


 Bond Code:                                                               NHM007
 ISIN:                                                                    ZAG000158593
 Reduction in the nominal amount:                                         R100 000 000
 Remaining nominal amount in issue:                                       R291 185 996

 Bond Code:                                                               NHM009
 ISIN:                                                                    ZAG000158866
 Reduction in the nominal amount:                                         R100 000 000
 Remaining nominal amount in issue:                                       R400 000 000

 Bond Code:                                                               NHM011
 ISIN:                                                                    ZAG000159237
 Reduction in the nominal amount:                                         R50 000 000
 Remaining nominal amount in issue:                                       R568 000 000

 Bond Code:                                                               NHM018
 ISIN:                                                                    ZAG000168097
 Reduction in the nominal amount:                                         R665 800 000
 Remaining nominal amount in issue:                                       R858 500 000


The Reduction will be effected through the purchase by Northam of the relevant number of Applicable Notes
and the surrender thereof to the Transfer Agent under the Programme, for cancellation, with effect from
11 November 2021.

The purchase by Northam of the Applicable Notes forms part of a note switch, whereby the maturity date
in respect of the nominal amount of the Applicable Notes will be effectively extended through the purchase
and cancellation of the Applicable Notes and the simultaneous issue of new notes under the Programme,
for the same nominal amount, with longer maturity dates (“Note Switch”). The nominal amount of the Note
Switch will be split between bond series NHM016 (maturing on 11 May 2025) and NHM019 (maturing on
25 May 2024).

The rationale for the Note Switch is to enable Northam to maintain a minimum level of medium-term gearing.


Johannesburg
4 November 2021

Corporate Advisor to Northam                  
One Capital                            
                                                                       
Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Programme
One Capital

Attorneys to Northam                     
Webber Wentzel                             
                                                                   
Attorneys to Northam, the Arranger and the Dealer in respect of the Programme
Bowman Gilfillan Inc.
Date: 04-11-2021 12:45:00
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