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NORTHAM PLATINUM LIMITED - Dealings in securities

Release Date: 17/09/2018 15:00
Code(s): NHM NHM002 NHM004 NHM005 NHM003     PDF:  
Wrap Text
Dealings in securities

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
Debt issuer code: NHMI
Bond code: NHM002 Bond ISIN: ZAG000129024
Bond code: NHM003 Bond ISIN: ZAG000129032
Bond code: NHM004 Bond ISIN: ZAG000150764
Bond code: NHM005 Bond ISIN: ZAG000151242
(“Northam” or the “company”)

DEALINGS IN SECURITIES

Purchase of Zambezi Platinum (RF) Limited (“Zambezi Platinum”) preference shares (“preference
shares”)

In terms of the Northam broad-based economic empowerment transaction implemented on 18 May 2015,
Zambezi Platinum holds ordinary shares in Northam. Pursuant to the preference share terms, Zambezi
Platinum is entitled to elect to settle the preference share redemption amount in cash, Northam ordinary
shares or a combination thereof.

Accordingly, in compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“JSE
Listings Requirements”), Northam advises its shareholders of the following dealings by a director of a
major subsidiary of the company and of Zambezi Platinum:

Name of director of major subsidiary                    Leon Charl van Schalkwyk
Name of associate                                       Bepro Messina Proprietary Limited (“Bepro”)
Relationship with director                              Mr van Schalkwyk is a director of Bepro
Name of major subsidiary                                Booysendal Platinum Proprietary Limited
Nature of transaction                                   Indirect purchase of preference shares
Class of shares                                         Preference shares
Nature and extent of director’s interest                Indirect beneficial interest in Zambezi Platinum
                                                        resulting in an indirect exposure to Northam
                                                        ordinary shares
Transaction completed on market                         Yes
Clearance obtained in terms of paragraph 3.66 of the
JSE Listings Requirements                               Yes


Transaction 1
Date of transaction                                     11 September 2018
Price per preference share                              R59.01
Total number of preference shares                       17 070
Value of transaction                                    R1 007 341.67


Transaction 2
Date of transaction                                     12 September 2018
Price per preference share                              R60.00
Total number of preference shares                       7 430
Value of transaction                                    R445 800.00


Transaction 3
Date of transaction                                     14 September 2018
Price per preference share                              R60.00
Total number of preference shares                       1 400
Value of transaction                                    R84 000.00



Johannesburg
17 September 2018

Sponsor and Debt Sponsor
One Capital

Date: 17/09/2018 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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