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ROYAL BAFOKENG PLATINUM LIMITED - Dealing in Securities by an Executive Director

Release Date: 29/09/2014 13:00
Code(s): RBP     PDF:  
Wrap Text
Dealing in Securities by an Executive Director

ROYAL BAFOKENG PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/015696/06)
JSE share code: RBP ISIN: ZAE000149936
(“RBPlat” or the “company”)

DEALING IN SECURITIES BY AN EXECUTIVE DIRECTOR

In accordance with paragraph 3.63 of the Listings Requirements of the JSE
Limited (“JSE”), shareholders are hereby advised of the following share
dealings in RBPlat securities by an executive director of the company:

Executive Director:                      NJ Muller
Date of transactions:                    16 to 26 September 2014
Share options exercised:                 224 544
Option strike price per share:           R40.08
Total value of share options:            R8 999 723.52
Offer effective date:                    1 January 2009
Vesting dates:                           33.33% on 1 January 2012
                                         33.33% on 1 January 2013
                                         33.34% on 1 January 2014
Highest price of shares sold:            R69.0500
Lowest price of shares sold:             R60.0000
VWAP of shares sold:                     R65.1729
Total value of shares sold:              R14 634 178.51
Total gain of shares sold:               R5 634 545.99
Class of shares:                         Ordinary shares of 0.01 cents each
Nature of transaction:                   Exercise of share options and
                                         subsequent on-market sale of shares by
                                         Director
Extent of interest:                      Direct beneficial

The above transaction was undertaken on market and prior clearance to deal in
the company shares was obtained in terms of the company’s share dealing policy
and in compliance with paragraph 3.66 of the JSE Listings Requirements.


Fourways, Johannesburg
29 September 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: 29/09/2014 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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