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

ROYAL BAFOKENG PLATINUM LIMITED - Directors and company secretary dealings in terms of the bonus share plan

Release Date: 09/05/2013 10:00
Code(s): RBP     PDF:  
Wrap Text
Directors’ and company secretary dealings in terms of the bonus share plan

Royal Bafokeng Platinum Limited
(Incorporated in South Africa)
Registration number 2008/015696/06
Share code: RBP
ISIN: ZAE000149936
("RBPlat" or "the Company")

DIRECTORS’ AND COMPANY SECRETARY DEALINGS IN TERMS OF THE BONUS
SHARE PLAN

Shareholders are referred to RBPlat’s pre-listing statement, dated
18 October 2010 and more specifically to the section therein
referring to the share schemes operated by RBPlat, and are advised
that in terms of the Bonus Share Plan, 534 376 ordinary shares
have been issued at a deemed price of R58.50 per share (the “bonus
shares”) and awarded to qualifying employees in terms of a board
resolution passed in May 2013.

In terms of the Bonus Share Plan, the bonus shares are to be held
by the Company’s escrow agent on behalf of employees for a period
of three (3) years until the date of maturity of such shares.

The following executive directors, directors of a major subsidiary
and the company secretary, will receive the following awards:

SD Phiri (Chief Executive Officer)
38 342 ordinary shares at a deemed price of R58.50
Total deemed value: R2 243 007.00

MJL Prinsloo (Chief Financial Officer)
30 212 ordinary shares at a deemed price of R58.50
Total deemed value: R1 767 402.00

NJ Muller (Chief Operating Officer)
32 863 ordinary shares at a deemed price of R58.50
Total deemed value: R1 922 485.50

KV Tlhabanelo (Director of Major Subsidiary being Royal Bafokeng
Resources (Pty) Ltd)
23 630 ordinary shares at a deemed price of R58.50
Total deemed value: R1 382 355.00

LC Jooste (Company Secretary)
11 132 ordinary shares at a deemed price of R58.50
Total deemed value: R651 222.00

Nature and extent of interests: direct beneficial (once vested),
off-market transactions.
The share allotments as described above will be finalised and
delivered to the participant’s escrow accounts on or about 14 May
2013.

Johannesburg
09 May 2013

JSE Sponsor
Macquarie First South Capital (Pty) Limited

For further enquiries, please contact:

Lester Jooste
Company Secretary
Tel: +27 (0)10 590 4519
Email: lester@bafokengplatinum.co.za

Date: 09/05/2013 10:00:00 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