To view the PDF file, sign up for a MySharenet subscription.

NORTHAM PLATINUM LIMITED - Listing of tap issuances NHM016, NHM018, NHM019 and NHM020

Release Date: 22/04/2022 17:00
Code(s): NHM018 NHM019 NHM016 NHM020     PDF:  
Wrap Text
Listing of tap issuances – NHM016, NHM018, NHM019 and NHM020

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number 1977/003282/06
Debt issuer code: NHMI
Bond code: NHM016       Bond ISIN: ZAG000167750
Bond code: NHM018       Bond ISIN: ZAG000168097
Bond code: NHM019       Bond ISIN: ZAG000168105
Bond code: NHM020       Bond ISIN: ZAG000172594
(“Northam”)

LISTING OF TAP ISSUANCES – NHM016, NHM018, NHM019 AND NHM020

The JSE Limited (“JSE”) has granted approval for the listing of tap issuances of Senior Unsecured Floating Rate
Notes (“Notes”) under series NHM016, NHM018, NHM019 and NHM020 issued under the Northam Platinum
Limited ZAR15 000 000 000 Domestic Medium Term Note Programme (“Programme”), dated 29 October 2020,
as amended and supplemented from time to time (“Programme Memorandum”), as guaranteed by Booysendal
Platinum Proprietary Limited, with effect from 26 April 2022.

Any capitalised terms not defined in this announcement shall have the meanings ascribed thereto in the section
of the Programme Memorandum headed “Terms and Conditions of the Notes”.

The details pertaining to the tap issuance of the NHM016 series are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR11 351 836 845 (inclusive of this issue of Notes and
                                                      the tap issuances under Note series NHM018, NHM019
                                                      and NHM020, all issuing on 26 April 2022)
 Instrument Code:                                     NHM016
 Tranche Number:                                      7
 Nominal Amount:                                      ZAR15 000 000
 Issue Price:                                         101.70646%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 425 bps per annum
 Interest Rate Determination Date(s):                 11 August, 11 November, 11 February and 11 May (or the
                                                      first Business Day of each Interest Period) of each year
                                                      until the Maturity Date
 Coupon Rate Indicator:                               Floating Rate
 Issue Date:                                          26 April 2022
 Interest Commencement Date:                          11 February 2022
 Maturity Date:                                       11 May 2025
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 31 July, 31 October, 31 January and 30 April
                                                      of each year until the Maturity Date, or if such day is not
                                                      a Business Day, the Business Day preceding the Books
                                                      Closed Period
 Books Closed Period:                                 01 August to 10 August, 01 November to 10 November,
                                                      01 February to 10 February and 01 May to 10 May of each
                                                      year until the Maturity Date (all dates inclusive), or if any
                                                      early redemption occurs, 10 Days prior to the actual
                                                      Redemption Date
 Floating Interest Payment Date(s):                   11 August, 11 November, 11 February and 11 May of
                                                      each year until the Maturity Date or, if such day is not a
                                                      Business Day, the Business Day on which interest will be
                                                      paid, as determined in accordance with the Applicable
                                                      Business Day Convention
 International Securities Identification Number       ZAG000167750
 (ISIN):
 Applicable Business Day Convention:                  Following Business Day
 Other:                                               The applicable pricing supplement (“APS”) does not
                                                      contain additional terms and conditions to the terms and
                                                      conditions as contained in the Programme. The APS is
                                                      available on Northam’s website:
                                                      https://www.northam.co.za/downloads/send/96-
                                                      files/1451-applicable-pricing-supplement-nhm016-tap-
                                                      tranche-7-execution


The details pertaining to the tap issuance of the NHM018 series are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR11 351 836 845 (inclusive of this issue of Notes and
                                                      the tap issuances under Note series NHM016, NHM019
                                                      and NHM020, all issuing on 26 April 2022)
 Instrument Code:                                     NHM018
 Tranche Number:                                      7
 Nominal Amount:                                      ZAR897 000 000
 Issue Price:                                         101.30964%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 375 bps per annum
 Interest Rate Determination Date(s):                 25 August, 25 November, 25 February and 25 May (or the
                                                      first Business Day of each Interest Period) of each year
                                                      until the Maturity Date
 Coupon Rate Indicator:                               Floating Rate
 Issue Date:                                          26 April 2022
 Interest Commencement Date:                          25 February 2022
 Maturity Date:                                       25 May 2023
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 14 August, 14 November, 14 February and
                                                      14 May of each year until the Maturity Date, or if such day
                                                      is not a Business Day, the Business Day preceding the
                                                      Books Closed Period
 Books Closed Period:                                 15 August to 24 August, 15 November to 24 November,
                                                      15 February to 24 February and 15 May to 24 May of each
                                                      year until the Maturity Date (all dates inclusive), or if any
                                                      early redemption occurs, 10 Days prior to the actual
                                                      Redemption Date
 Floating Interest Payment Date(s):                   25 August, 25 November, 25 February and 25 May of
                                                      each year until the Maturity Date or, if such day is not a
                                                      Business Day, the Business Day on which interest will be
                                                      paid, as determined in accordance with the Applicable
                                                      Business Day Convention
 International Securities Identification Number       ZAG000168097
 (ISIN):
 Applicable Business Day Convention:                  Following Business Day
 Other:                                               The APS does not contain additional terms and conditions
                                                      to the Terms and Conditions as contained in the
                                                      Programme. The APS is available on Northam’s website:
                                                      https://www.northam.co.za/downloads/send/96-
                                                      files/1452-applicable-pricing-supplement-nhm018-
                                                      tranche-7-execution


The details pertaining to the tap issuance of the NHM019 series are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR11 351 836 845 (inclusive of this issue of Notes and
                                                      the tap issuance under Note series NHM016, NHM018
                                                      and NHM020, all issuing on 26 April 2022)
 Instrument Code:                                     NHM019
 Tranche Number:                                      5
 Nominal Amount:                                      ZAR275 000 000
 Issue Price:                                         101.35074%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 400 bps per annum
 Interest Rate Determination Date(s):                 25 August, 25 November, 25 February and 25 May (or the
                                                      first Business Day of each Interest Period) of each year
                                                      until the Maturity Date
 Coupon Rate Indicator:                               Floating Rate
 Issue Date:                                          26 April 2022
 Interest Commencement Date:                          25 February 2022
 Maturity Date:                                       25 May 2024
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 14 August, 14 November, 14 February and
                                                      14 May of each year until the Maturity Date, or if such day
                                                      is not a Business Day, the Business Day preceding the
                                                      Books Closed Period
 Books Closed Period:                                 15 August to 24 August, 15 November to 24 November,
                                                      15 February to 24 February and 15 May to 24 May of each
                                                      year until the Maturity Date (all dates inclusive), or if any
                                                      early redemption occurs, 10 Days prior to the actual
                                                      Redemption Date
 Floating Interest Payment Date(s):                   25 August, 25 November, 25 February and 25 May of
                                                      each year until the Maturity Date or, if such day is not a
                                                      Business Day, the Business Day on which interest will be
                                                      paid, as determined in accordance with the Applicable
                                                      Business Day Convention
 International Securities Identification Number       ZAG000168105
 (ISIN):
 Applicable Business Day Convention:                  Following Business Day
 Other:                                               The APS does not contain additional terms and conditions
                                                      to the Terms and Conditions as contained in the
                                                      Programme. The APS is available on Northam’s website:
                                                      https://www.northam.co.za/downloads/send/96-
                                                      files/1453-applicable-pricing-supplement-nhm019-tap-
                                                      tranche-5-execution


The details pertaining to the tap issuance of the NHM020 series are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR11 351 836 845 (inclusive of this issue of Notes and
                                                      the tap issuances under Note series NHM016, NHM018
                                                      and NHM019, all issuing on 26 April 2022)
 Instrument Code:                                     NHM020
 Tranche Number:                                      3
 Nominal Amount:                                      ZAR450 000 000
 Issue Price:                                         101.30964%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 375 bps per annum
 Interest Rate Determination Date(s):                 25 February, 25 May, 25 August and 25 November (or the
                                                      first Business Day of each Interest Period) of each year
                                                      until the Maturity Date
 Interest Payment Basis:                              Floating Rate
 Issue Date:                                          26 April 2022
 Interest Commencement Date:                          25 February 2022
 Maturity Date:                                       25 November 2023
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 14 February, 14 May, 14 August and
                                                      14 November of each year until the Maturity Date, or if
                                                      such day is not a Business Day, the Business Day
                                                      preceding the Books Closed Period
 Books Closed Period:                                 15 February to 24 February, 15 May to 24 May, 15 August
                                                      to 24 August and 15 November to 24 November of each
                                                      year until the Maturity Date (all dates inclusive), or if any
                                                      early redemption occurs, 10 Days prior to the actual
                                                      Redemption Date
 Floating Interest Payment Date(s):                   25 February, 25 May, 25 August and 25 November of
                                                      each year until the Maturity Date or, if such day is not a
                                                      Business Day, the Business Day on which interest will be
                                                      paid, as determined in accordance with the Applicable
                                                      Business Day Convention
 International Securities Identification Number       ZAG000172594
 (ISIN):
 Applicable Business Day Convention:                  Following Business Day
 Other:                                               The APS does not contain additional terms and conditions
                                                      to the Terms and Conditions as contained in the
                                                      Programme. The APS is available on Northam’s website:
                                                      https://www.northam.co.za/downloads/send/96-
                                                      files/1454-applicable-pricing-supplement-nhm020-
                                                      tranche-3-execution


The Notes will be dematerialised in the Central Securities Depository (CSD) and settlement will take place
electronically in terms of the JSE rules.


Johannesburg
22 April 2022

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

Attorneys to Northam, the Arranger and the Dealer in respect of the Programme
Bowman Gilfillan Inc.

Date: 22-04-2022 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story