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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
In accordance with paragraph 3.63 of the Listings Requirements of the JSE
Limited (“the Listings Requirements”), shareholders are advised that in
terms of the RBPlat Bonus Share Plan (“BSP”), 439 662 of the scheme
shares awarded to qualifying employees on 1 April 2013 have vested.
Accordingly the vested BSP shares awarded to the following Executive
Directors, Directors of a major subsidiary and the Company Secretary have
vested on 1 April 2016 and shareholders are advised of the share dealings
as follows:
Executive Director: SD Phiri
Date of vesting and sale of shares: 1 April 2016
Class of shares: Ordinary shares
Number of shares vested and sold: 41 486
Sale price per share: R37.5135
Total value of the transaction: R1 556 139.86
Nature and extent of interest: Direct beneficial
Executive Director: MJL Prinsloo
Date of vesting and sale of shares: 1 April 2016
Class of shares: Ordinary shares
Number of shares vested and sold: 32 690
Sale price per share: R37.5135
Total value of the transaction: R1 226 201.90
Nature and extent of interest: Direct beneficial
Director of a major subsidiary: NA Carr
Date of vesting and sale of shares: 1 April 2016
Class of shares: Ordinary shares
Number of shares vested and sold: 23 909
Sale price per share: R37.5135
Total value of the transaction: R896 826.59
Nature and extent of interest: Direct beneficial
Director of a major subsidiary: KV Tlhabanelo
Date of vesting and sale of shares: 1 April 2016
Class of shares: Ordinary shares
Number of shares vested and sold: 25 568
Sale price per share: R37.5135
Total value of the transaction: R959 055.68
Nature and extent of interest: Direct beneficial
Company Secretary: LC Jooste
Date of vesting and sale of shares: 1 April 2016
Class of shares: Ordinary shares
Number of shares vested and sold: 12 045
Sale price per share: R37.5135
Total value of the transaction: R451 807.95
Nature and extent of interest: Direct beneficial
Of the 439 662 BSP shares which vested on 1 April 2016 on behalf of
eligible participants of the scheme, 420 133 shares were sold at a price
of R37.5135 per share. The proceeds of any shares sold will
predominantly be used to settle the tax liability arising from the vested
BSP shares.
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
4 April 2016
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: 04/04/2016 01:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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