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Directors Dealings in Terms of the RBPLAT Share Schemes
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 SHARE SCHEMES
Shareholders are referred to the announcement released by the Company on
5 April 2018 regarding the RBPlat Bonus Share Plan (“BSP”) vesting of
shares as at 3 April 2018.
In accordance with paragraph 3.63 of the Listings Requirements of the JSE
Limited (“the Listings Requirements”), shareholders are further advised
of the share dealings in respect of the BSP shares traded on behalf of
the following Executive Directors, Directors of a major subsidiary and
the Company Secretary, in order to settle the tax obligations as a result
of the vested shares, which are reported as follows:
Executive Director: MJL Prinsloo (CFO)
Date of sale: 10 April 2018
Class of shares: Ordinary shares
Number of BSP shares vested: 24 268
Number of BSP shares sold: 11 284
Sale price per share: R24.001
*Proceeds from shares sold: R270 827.28
Nature and extent of interest: Direct beneficial
Director of a major subsidiary: NA Carr
Date of sale: 10 April 2018
Class of shares: Ordinary shares
Number of BSP shares vested: 22 778
Number of BSP shares sold: 10 591
Sale price per share: R24.001
*Proceeds from shares sold: R254 194.59
Nature and extent of interest: Direct beneficial
Director of a major subsidiary: KV Tlhabanelo
Date of sale: 10 April 2018
Class of shares: Ordinary shares
Number of BSP shares vested: 18 039
Number of BSP shares sold: 8 388
Sale price per share: R24.001
*Proceeds from shares sold: R201 320.39
Nature and extent of interest: Direct beneficial
Company Secretary: LC Jooste
Date of sale: 10 April 2018
Class of shares: Ordinary shares
Number of BSP shares vested: 12 890
Number of BSP shares sold: 5 993
Sale price per share: R24.001
*Proceeds from shares sold: R143 837.99
Nature and extent of interest: Direct beneficial
The vested shares in respect of the CEO, Mr SD Phiri, were acquired by
the executive director and none of his vested BSP shares for 2018 were
sold.
* The proceeds from the sale of shares will be used to settle the tax
obligations arising from the vested shares.
The transactions were on market trades and prior clearances 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 Listings
Requirements.
Johannesburg
12 April 2017
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: 12/04/2018 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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