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Audited consolidated annual financial results for F2025, cash dividend declaration and notice of AGM
NORTHAM PLATINUM HOLDINGS LIMITED NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa Incorporated in the Republic of South Africa
Registration number: 2020/905346/06 Registration number: 1977/003282/06
JSE share code: NPH ISIN: ZAE000298253 JSE Debt issuer code: NHMI
("Northam Holdings" or the "company", together with its Bond code: NHM021 Bond ISIN: ZAG000181496
subsidiaries, "Northam" or the "group") Bond code: NHM022 Bond ISIN: ZAG000190133
Bond code: NHM023 Bond ISIN: ZAG000190968
Bond code: NHM025 Bond ISIN: ZAG000195934
Bond code: NHM026 Bond ISIN: ZAG000195942
Bond code: NHM027 Bond ISIN: ZAG000216052
Bond code: NHM028 Bond ISIN: ZAG000216045
Bond code: NHM029 Bond ISIN: ZAG000216037
("Northam Platinum")
AUDITED CONSOLIDATED ANNUAL FINANCIAL RESULTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2025 ("F2025"), CASH DIVIDEND
DECLARATION AND NOTICE OF ANNUAL GENERAL MEETING
Shareholders of Northam Holdings ("Shareholders") are hereby advised that Northam Holdings has published its audited
consolidated annual results for F2025, today.
Financial results overview
30 June 2025 30 June 2024 Variance
Sales revenue R000 32 901 199 30 766 472 6.9%
Operating profit R000 3 593 517 4 824 133 (25.5)%
Operating margin % 10.9 15.7 (30.6)%
Basic earnings per share cents 381.4 461.0 (17.3)%
Headline earnings per share cents 380.8 445.0 (14.4)%
Dividends per share* cents 215.0 170.0 26.5%
EBITDA** R000 4 917 555 6 270 467 (21.6)%
EBITDA margin % 14.9 20.4 (27.0)%
* Comprising (i) an interim dividend of 15.0 cents per share for the six months ended 31 December 2024, and (ii) a final
dividend of 200.0 cents per share for F2025.
** Earnings before interest, taxation, depreciation, amortisation and impairments.
Final cash dividend declaration
The company's board of directors ("board") is pleased to announce that it has resolved to declare and pay a final gross
cash dividend of 200.0 cents per share for F2025 (30 June 2024: 70.0 cents per share), which in aggregate amounts to a
final gross cash dividend of approximately R800.2 million. The final cash dividend has been declared from income reserves.
A dividend withholding tax of 20% will be applicable to Shareholders who are not exempt from, or who do not qualify for, a
reduced rate of dividend withholding tax. Accordingly, for those Shareholders subject to dividend withholding tax at a rate
of 20%, the final net cash dividend amounts to 160.0 cents per share (30 June 2024: 56.0 cents per share).
The following dates are applicable to the final cash dividend:
Last day to trade (cum dividend), on Tuesday, 16 September 2025
Trading ex-dividend, on Wednesday, 17 September 2025
Record date to determine which Shareholders are eligible to receive the final cash
dividend, on Friday, 19 September 2025
Payment date of the final cash dividend, on Monday, 22 September 2025
Shareholders may not dematerialise or rematerialise their shares between Wednesday, 17 September 2025 and Friday, 19 September 2025,
both days inclusive.
The following additional information is disclosed regarding the final cash dividend:
• Northam Holdings' issued share capital as at the dividend declaration date is 400 102 916 ordinary shares (of which
1 share is held by Northam Platinum, a subsidiary of Northam Holdings).
• Northam Holdings' registration number is 2020/905346/06.
• Northam Holdings' income tax reference number is 9586451198.
Total cash dividends for F2025
The total cash dividend declared for F2025 amounts to 215.0 cents per share, comprising the final cash dividend of
200.0 cents per share and the interim cash dividend of 15.0 cents per share, and represents 57.8% of headline earnings,
in accordance with the company's dividend policy.
Annual general meeting
The Northam Holdings 2025 Annual General Meeting ("2025 AGM") will be held on Monday, 27 October 2025 at
10:00am South African time to transact the business as stated in the notice of the 2025 AGM ("2025 AGM notice").
The 2025 AGM will be held entirely by way of electronic participation. Shareholders are encouraged to read the 2025 AGM
notice for information on how to electronically attend, participate in and vote at the 2025 AGM.
Shareholders are advised that the 2025 AGM notice, containing the summarised financial statements for F2025, is available
on the company's website at: https://www.northam.co.za/downloads?task=download.send&id=1604&catid=186&m=0 and
will be distributed to Shareholders on Friday, 5 September 2025.
The salient dates and times for the 2025 AGM are as follows:
Record date to determine which Shareholders are entitled to receive the 2025 AGM notice,
on Friday, 29 August 2025
2025 AGM notice made available on the company's website, on Friday, 29 August 2025
Distribution of the 2025 AGM notice to Shareholders, on Friday, 5 September 2025
Last date to trade in order to be recorded in the register to be able to electronically attend,
participate in and vote at the 2025 AGM, on Tuesday, 14 October 2025
Record date to determine which Shareholders are entitled to electronically attend,
participate in and vote at the 2025 AGM, on Friday, 17 October 2025
For administration purposes, forms of proxy to be delivered to The Meeting Specialist
Proprietary Limited (TMS) by 10:00 am (SA time), on* Thursday, 23 October 2025
2025 AGM to be held at 10:00 am (SA time), on Monday, 27 October 2025
Results of the 2025 AGM expected to be published on SENS, on or about Monday, 27 October 2025
* Any forms of proxy not delivered by this date and time must be submitted electronically to the chairperson of the 2025 AGM
before the appointed proxy may exercise any rights of the Shareholder at the meeting.
About this announcement
As the information in this announcement does not provide all of the details, any investment decisions should be based on the
published audited consolidated annual financial statements (which incorporate the external auditor's report in which
PricewaterhouseCoopers Incorporated expressed an unmodified audit opinion), which is accessible via the JSE cloudlink
at: https://senspdf.jse.co.za/documents/2025/JSE/ISSE/NPHE/AFS_25.pdf and available on the company's website at:
https://www.northam.co.za/downloads?task=download.send&id=1609&catid=186&m=0.
Shareholders are also referred to the summarised financial results for F2025, which are available on the company's website
at: https://www.northam.co.za/downloads?task=download.send&id=1607&catid=186&m=0 for further detailed information
pertaining to the group's business and operations, including detailed results commentary in respect of F2025.
The group annual integrated report for F2025, which contains, inter alia, the additional information required in terms of
paragraph 8.62 of the JSE Limited Listings Requirements, the summarised financial results for F2025 and the 2025 AGM
notice, is available on the company's website at:
https://www.northam.co.za/downloads?task=download.send&id=1610&catid=186&m=0.
Johannesburg
29 August 2025
Corporate Advisor and Sponsor to Northam Holdings
One Capital
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital
Date: 29-08-2025 07:05:00
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