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NORTHAM PLATINUM LIMITED - Dealings in securities

Release Date: 04/10/2019 13:45
 
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: NHM006       Bond ISIN: ZAG000158577
Bond code: NHM007       Bond ISIN: ZAG000158593
Bond code: NHM008       Bond ISIN: ZAG000158858
Bond code: NHM009       Bond ISIN: ZAG000158866
Bond code: NHM010       Bond ISIN: ZAG000159229
Bond code: NHM011       Bond ISIN: ZAG000159237
Bond code: NHM012       Bond ISIN: ZAG000160136
Bond code: NHM013       Bond ISIN: ZAG000162181
(“Northam” or the “company”)

DEALINGS IN SECURITIES

Disposal 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 3.70 of the JSE Limited Listings Requirements (“Listings
Requirements”), Northam advises its shareholders of the following dealings by a director and chairman of the
company and Zambezi Platinum:

Name of director                                           Mr K B Mosehla
Name of associate                                          Adelaide Trust
Relationship with associate                                Trustee
Date of transaction                                        1 October 2019
Nature of transaction                                      Disposal of preference shares
Class of shares                                            Preference shares
Price per preference share                                 Various different trades with the following price
                                                           information:
                                                           - volume weighted average price of R75.83;
                                                           - highest price of R76.10; and
                                                           - lowest price of R75.80
Total number of preference shares                          17 200
Value of transaction                                       R1 304 335.80
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       Yes
Listings Requirements

Johannesburg
4 October 2019

Sponsor and Debt Sponsor
One Capital

Date: 04/10/2019 01:45:00
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