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IMPALA PLATINUM HOLDINGS LIMITED - Acceptance of shares granted in terms of the performance share plan (PSP) and bonus share plan (BSP)

Release Date: 02/04/2019 16:00
Code(s): IMP     PDF:  
 
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Acceptance of shares granted in terms of the performance share plan (PSP) and bonus share plan (BSP)

IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY
(“Implats”)

ACCEPTANCE OF SHARES GRANTED IN TERMS OF THE PERFORMANCE SHARE PLAN (PSP) AND BONUS
SHARE PLAN (BSP)

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given
of the following dealings by directors of Implats and its major subsidiary, after having received clearance
to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements.

Name:                                   NJ Muller
Director:                               Impala Platinum Holdings Limited
Nature of interest:                     Direct Beneficial
Date of transaction:                    2 April 2019
Class of shares:                        Performance Shares in terms of the rules of the Impala Platinum
                                        Holdings Limited Long-Term Incentive Plan 2018 (LTIP Scheme)
Nature of transaction:                  Off market acceptance of Performance Shares
Offer price:                            R31.26 as determined in terms of the rules of the Impala Platinum
                                        Holdings Limited Long-Term Incentive Plan 2018 (LTIP Scheme)
Number of Performance shares:           236 004
Deemed value:                           R7 377 485.04
Date of vesting:                        20 November 20212

Class of shares:                        Bonus Shares in terms of the rules of the Impala Platinum Holdings
Limited Long-Term Incentive Plan 2018  (LTIP Scheme)
Nature of transaction:                  Off market acceptance of Bonus Share Plan shares
Offer price:                            R31.26
Number of Bonus shares:                 85 084
Deemed value:                           R2 659 725.84
Date of vesting:                        50% of the Bonus Shares will vest on 20 November 2019
                                        50% of the Bonus Shares will vest on 20 November 2020

Name:                                   NJ Muller
Director:                               Impala Platinum Holdings Limited
Nature of interest:                     Direct Beneficial
Date of transaction:                    1 April 2019
Nature of transaction:                  Off market exercise of cash-settled notional shares granted as per
                                        the sign-on conditions in terms of the employment contract
                                        entered into between Mr Muller and the Company on
                                        commencement of employment in April 2017

Date of transaction:                    1 April 2019
Number of notional shares vested:       112 537
5 day VWAP on day of vesting:           R63.13
Settlement value:                       R7 104 460.81

Name:                                   M Kerber
Director:                               Impala Platinum Holdings Limited
Nature of interest:                     Direct Beneficial
Date of transaction:                    28 March 2019
Class of shares:                        Performance Shares in terms of the rules of the LTIP Scheme
Nature of transaction:                  Off market acceptance of Performance Shares
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Performance shares:           76 136
Deemed value:                           R2 380 011.36
Date of vesting:                        20 November 2021

Name:                                   L Samuel
Director:                               Impala Platinum Holdings Limited
Nature of interest:                     Direct Beneficial
Date of transaction:                    28 March 2019
Class of shares:                        Performance Shares in terms of the rules of the LTIP
Nature of transaction:                  Off market acceptance of Performance Shares
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Performance shares:           94 834
Deemed value:                           R2 964 510.84
Date of vesting:                        20 November 2021

Class of shares:                        Bonus Shares
Nature of transaction:                  Off market acceptance of Bonus Shares in terms of the rules of the
                                        LTIP
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Bonus shares:                 30 215
Deemed value:                           R944 520.90
Date of vesting:                        50% of the Bonus Shares will vest on 20 November 2019 and 50%
                                        of the Bonus Shares will vest on 20 November 2020

Name:                                   MC Munroe
Director:                               Impala Platinum Limited
Nature of interest:                     Direct Beneficial
Date of transaction:                    1 April 2019
Class of shares:                        Performance Share Plan shares
Nature of transaction:                  Off market acceptance of Performance Share Plan shares
Offer price:                            R64.06 as determined in terms of the rules of the LTIP Scheme
Number of Performance shares:           31 220
Deemed value:                           R1 999 953.20
Date of vesting:                        31 December 2020

Name:                                   GS Potgieter
Director:                               Impala Platinum Limited
Nature of interest:                     Direct Beneficial
Date of transaction:                    28 March 2019
Class of shares:                        Performance Shares in terms of the rules of the LTIP
Nature of transaction:                  Off market acceptance of Performance Shares
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Performance shares:           137 060
Deemed value:                           R4 284 495.60
Date of vesting:                        20 November 2021

Class of shares:                        Bonus Shares in terms of the rules of the LTIP Scheme
Nature of transaction:                  Off market acceptance of Bonus Shares
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Bonus shares:                 50 499
Deemed value:                           R1 578 598.74
Date of vesting:                        50% of the Bonus Shares will vest on 20 November 2019 and 50%
                                        of the Bonus Shares will vest on 20 November 2020

Name:                                   V Nhlapo
Director:                               Impala Platinum Limited
Nature of interest:                     Direct Beneficial
Date of transaction:                    28 March 2019
Class of shares:                        Performance Shares in terms of the rules of the LTIP Scheme
Nature of transaction:                  Off market acceptance of Performance Shares
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Performance shares:           53 743
Deemed value:                           R1 680 006.18
Date of vesting:                        20 November 2021

Class of shares:                        Bonus Shares
Nature of transaction:                  Off market acceptance of Bonus Shares in terms of the rules of the
                                        LTIP
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Bonus shares:                 10 867
Deemed value:                           R339 702.42
Date of vesting:                        50% of the Bonus Share Plan shares will vest on 20 November
                                        2019 and 50% of the Bonus Share Plan shares will vest on 20
                                        November 2020

Name:                                   TT Llale
Company Secretary:                      Impala Platinum Holdings Limited
Nature of interest:                     Direct Beneficial
Date of transaction:                    27 March 2019
Class of shares:                        Performance Shares in terms of the rules of the LTIP
Nature of transaction:                  Off market acceptance of Performance Shares
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Performance shares:           31 990
Deemed value:                           R1 000 007.40
Date of vesting:                        20 November 2021

Class of shares:                        Bonus Shares in terms of the rules of the LTIP
Nature of transaction:                  Off market acceptance of Bonus Shares
Offer price:                            R31.26 as determined in terms of the rules of the LTIP Scheme
Number of Bonus shares:                 7 568
Deemed value:                           R236 575.68
Date of vesting:                        50% of the Bonus Share Plan shares will vest on 20 November
                                        2019 and 50% of the Bonus Share Plan shares will vest on 20
                                        November 2020

Name:                                   TT Llale
Company Secretary:                      Impala Platinum Holdings Limited
Class of shares:                        Ordinary shares of no par value
Nature of transaction:                  Off market exercise of conditional awards granted and on market
                                        sale in terms of the LTIP Scheme
Nature of interest:                     Direct Beneficial
Date of transaction:                    27 March 2019
Number of shares vested and
shares sold:                            2 056
VWAP on day of vesting:                 R66.03
Sale price per share:                   R65.30
Value of shares:                        R134 256.80

The acceptance of the Bonus Shares and the Performance Shares awards (in terms of the rules of the
LTIP) by participants was delayed due to a self-imposed closed period by Implats.

Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166

Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608

2 April 2019
Johannesburg

Sponsor to Implats
Nedbank Corporate and Investment Banking

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