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ROYAL BAFOKENG PLATINUM LIMITED - Directors Dealings in terms of the RBPlat Bonus Share Plan

Release Date: 02/04/2015 13:00
Code(s): RBP     PDF:  
Wrap Text
Directors Dealings in terms of the RBPlat Bonus Share Plan

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

DIRECTORS DEALINGS IN TERMS OF THE RBPLAT BONUS SHARE PLAN

Following the announcement released on 31 March 2015 and in accordance
with paragraph 3.63 of the Listings Requirements of the JSE Limited (“the
Listings Requirements”), shareholders are advised of the dealings in
shares by an Executive Director, Directors of major Subsidiary and the
Company Secretary.

The vesting date in respect of these BSP shares was 1 April 2015 and the
subsequent sale of shares is reported as follows.

Executive Director:                     SD Phiri
Date of vesting and sale of shares:     1 April 2015
Class of shares:                        Ordinary shares
Number of shares sold:                  46 695
Sale price per share:                   R51.8725
Total value of the transaction:         R2 422 186.39
Nature and extent of interest:          Direct beneficial

Director of a major subsidiary:         NA Carr
Date of vesting and sale of shares:     1 April 2015
Class of shares:                        Ordinary shares
Number of shares sold:                  10 383
Sale price per share:                   R51.8725
Total value of the transaction:         R538 592.17
Nature and extent of interest:          Direct beneficial

Director of a major subsidiary:         KV Tlhabanelo
Date of vesting and sale of shares:     1 April 2014
Class of shares:                        Ordinary shares
Number of shares sold:                  12 189
Sale price per share:                   R51.8725
Total value of the transaction:         R632 273.90
Nature and extent of interest:          Direct beneficial


Company Secretary:                      LC Jooste
Date of vesting and sale of shares:     1 April 2014
Class of shares:                        Ordinary shares
Number of shares sold:                  5 797
Sale price per share:                   R51.8725
Total value of the transaction:         R300 704.88
Nature and extent of interest:          Direct beneficial

Of the 355 946 BSP shares which vested on 1 April 2015 on behalf of
eligible participants of the scheme, 257 007 shares were sold at a price
of R51.8725 per share. The share sale transactions were all undertaken
on market and prior clearances to deal in the Company shares were
obtained in terms of the Company’s share dealing policy and in compliance
with paragraph 3.66 of the Listings Requirements of the JSE Limited.
Johannesburg
2 April 2015


JSE Sponsor
Merrill Lynch South Africa (Pty) Limited

For further enquiries, please contact:

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

Date: 02/04/2015 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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