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ROYAL BAFOKENG PLATINUM LIMITED - Directors Dealings in terms of the RBPlat Share Scheme

Release Date: 05/04/2019 14:00
Code(s): RBPCB RBP     PDF:  
 
Wrap Text
Directors’ Dealings in terms of the RBPlat Share Scheme

Royal Bafokeng Platinum Limited
Incorporated in South Africa)
Registration number 2008/015696/06
JSE share code: RBP ISIN: ZAE000149936
JSE bond code: RBPCB ISIN: ZAE000243853
("RBPlat" or "the Company")

DIRECTORS’ DEALINGS IN TERMS OF THE RBPLAT SHARE SCHEME

Security holders are referred to the announcement released by the Company
on Wednesday, 3 April 2019 regarding the scheme shares awarded under the
RBPlat Retention Forfeitable Share Plan (“RFSP”) which vested on 1 April
2019.

In accordance with paragraph 3.63 of the JSE Limited Listings
Requirements, security holders are further advised of the share dealings
by directors of Royal Bafokeng Resources Proprietary Limited (“RBR”), a
major subsidiary of RBPlat and the Company Secretary with regards to the
on-market sale of shares (the “transactions”) as outlined below:


RBR Director:                                            NA Carr
Date of transaction:                                3 April 2019
Class of shares:                                 Ordinary shares
Total number of ordinary shares received
from vesting:                                            126 878
Number of shares sold:                                    58 997
Sale price per share:                                   R32.5056
Proceeds from the sale of shares:                  R1 917 732.88
Nature and extent of interest:                 Direct beneficial

RBR Director:                                      KV Tlhabanelo
Date of transaction:                                1 April 2019
Class of shares:                                 Ordinary shares
Total number of ordinary shares received
from vesting:                                             56 592
Number of shares sold:                                    26 314
Sale price per share:                                   R32.5056
Proceeds from the sale of shares:                    R855 352.36
Nature and extent of interest:                 Direct beneficial

Company Secretary:                                     LC Jooste
Date of transaction:                                1 April 2019
Class of shares:                                 Ordinary shares
Total number of ordinary shares received
from vesting:                                             34 399
Number of shares sold:                                    15 995
Sale price per share:                                   R32.5056
Proceeds from the sale of shares:                    R519 927.07
Nature and extent of interest:                 Direct beneficial


The abovementioned officers of the Company have elected to trade a
portion of the shares in order to settle the tax obligation which arose
as a result of the scheme vesting and prior clearance to deal in respect
of the on-market transactions was obtained.

Johannesburg
5 April 2019

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

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