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NORTHAM PLATINUM LIMITED - Dealings in securities

Release Date: 07/03/2019 12:56
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 black 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 3.74 of the JSE Limited Listings Requirements (“Listings
Requirements”), Northam advises its shareholders of the following dealings by an associate of a director of a
major subsidiary of the company and Zambezi Platinum:

Name of director of the major subsidiary                   Mr L C van Schalkwyk
Name of the major subsidiary                               Booysendal Platinum Proprietary Limited
Name of associate                                          Bepro Messina Proprietary Limited
Relationship with director                                 Mr Schalkwyk is a shareholder and director of
                                                           Bepro Messina Proprietary Limited
Nature of transaction                                      Indirect purchase of preference shares
Date of transaction                                        4 March 2019
Class of shares                                            Preference shares
Transactions completed on market                           Yes
Clearance obtained in terms of paragraph 3.66 of the       Yes
Listings Requirements
Price per preference share                                 R70.00 per preference share
Total number of preference shares                          14 200 preference shares
Value of transaction                                       R994 000.00
Nature and extent of director’s interest                   Indirect beneficial interest in Zambezi Platinum
                                                           resulting in an indirect exposure to Northam
                                                           ordinary shares


Johannesburg
7 March 2019

Sponsor and Debt Sponsor
One Capital

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