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ROYAL BAFOKENG PLATINUM LIMITED - Directors and Company Secretary Dealings in terms of the RBPLAT Rights Offer

Release Date: 15/04/2014 09:30
Code(s): RBP     PDF:  
Wrap Text
Directors’ and  Company Secretary Dealings in terms of the  RBPLAT Rights Offer

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 RBPLAT RIGHTS OFFER

Shareholders are referred to the announcements released on the JSE SENS on Monday 14 April 2014 wherein the
Company announced the results of the capital raising of R1.5 billion, comprising an accelerated bookbuild offering to
qualifying institutional investors in the amount of R700 million, which was concluded on 4 March 2014, and a
renounceable rights offer to qualifying RBPlat shareholders in the amount of R800 million (“Rights Offer”) which offer
was over-subscribed and closed on Friday, 11 April 2014.

Shareholders are further advised that the Executive Directors of the Company as well as a Director of Royal Bafokeng
Resources (Pty) Limited and the Company Secretary have elected to follow their rights pertaining to their direct
beneficial shareholding in terms of the RBPlat Rights Offer, and in some instances, apply for excess rights, resulting in
the following ordinary shares being issued to such individuals:

SD Phiri (Chief Executive Officer)
Shareholding prior to the Rights Offer:                       148 348
Rights Offer shares issued:                                    12 165
Price per share:                                               R55.00
Value of Rights Offer shares:                             R669 075.00
Shareholding post the Rights Offer:                           160 513

MJL Prinsloo (Chief Financial Officer)
Shareholding prior to the Rights Offer:                      122 548
Rights Offer shares issued:                                    10 050
Excess Rights Offer shares applied for and issued                 565
Price per share:                                               R55.00
Value of Rights Offer shares:                             R583 825.00
Shareholding post the Rights Offer:                           133 163

NJ Muller (Chief Operating Officer)
Shareholding prior to the Rights Offer:                        38 459
Rights Offer shares issued:                                     3 154
Price per share:                                               R55.00
Value of Rights Offer shares:                             R173 470.00
Shareholding post the Rights Offer:                            41 613

KV Tlhabanelo (Director of Royal Bafokeng Resources (Pty) Limited, a Major Subsidiary)
Shareholding prior to the Rights Offer:                      43 246
Rights Offer shares issued:                                    3 546
Price per share:                                             R55.00
Value of Rights Offer shares:                          R195 030.00
Shareholding post the Rights Offer:                          46 792

LC Jooste (Company Secretary)
Shareholding prior to the Rights Offer:                        22 452
Rights Offer shares issued:                                     1 841
Price per share:                                               R55.00
Value of Rights Offer shares:                             R101 255.00
Shareholding post the Rights Offer:                            24 293

The transactions were undertaken on market and prior clearance to deal was obtained.
Further to the above, the Board of Directors, on recommendation of the Remuneration and Nomination Committee,
followed the rights in respect of all shares held in escrow with regard to the RBPlat Bonus Share Plan and the RBPlat
Mahube Share Trust resulting in a total of 118 876 Rights Offer shares being issued at a value of R55.00 each, totalling
R6 538 180.00. The Rights Offer shares issued and attributable to the indirect beneficial shares held on behalf of
Directors, a Director of a major subsidiary and the Company Secretary are as follows:

SD Phiri (Chief Executive Officer)
Indirect shareholding prior to the Rights Offer:               81 498
Rights offer shares issued:                                      6 683
Price per share:                                               R55.00
Value of rights offer shares:                             R367 565.00
Indirect shareholding post the Rights Offers:                   88 181

MJL Prinsloo (Chief Financial Officer)
Indirect shareholding prior to the Rights Offer:               65 431
Rights offer shares issued:                                      5 366
Price per share:                                               R55.00
Value of rights offer shares:                             R295 130.00
Indirect shareholding post the Rights Offers:                   70 797

NJ Muller (Chief Operating Officer)
Indirect shareholding prior to the Rights Offer:               65 609
Rights offer shares issued:                                      5 380
Price per share:                                               R55.00
Value of rights offer shares:                             R295 900.00
Indirect shareholding post the Rights Offers:                   70 989

KV Tlhabanelo (Director of Royal Bafokeng Resources (Pty) Limited, a Major Subsidiary)
Indirect shareholding prior to the Rights Offer:              50 453
Rights offer shares issued:                                     4 137
Price per share:                                              R55.00
Value of rights offer shares:                           R227 535.00
Indirect shareholding post the Rights Offers:                  54 590

LC Jooste (Company Secretary)
Indirect shareholding prior to the Rights Offer:               22 680
Rights offer shares issued:                                      1 860
Price per share:                                               R55.00
Value of rights offer shares:                             R102 300.00
Indirect shareholding post the Rights Offers:                   24 540

The indirect beneficial scheme shares along with the attributable Rights Offer shares issued to eligible employees will
vest as normal in terms of the respective scheme rules.

Johannesburg
15 April 2014

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: 15/04/2014 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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