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NORTHAM PLATINUM LIMITED - Dealings in securities

Release Date: 17/12/2019 08:00
 
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
Bond code: NHM014       Bond ISIN: ZAG000163650
Bond code: NHM015       Bond ISIN: ZAG000164922
(“Northam” or the “company”)

DEALINGS IN SECURITIES

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“JSE Listings
Requirements”), Northam hereby advises its shareholders of the following acceptances of awards of
retention shares and performance shares in terms of the Northam Share Incentive Plan (“SIP”),
(“Awards”) by directors of the company, a director of a major subsidiary and the company secretary
of Northam. These Awards are issued at nil cost and shall be settled in cash upon vesting, subject to
the rules of the SIP.

Name of director                                    Paul Anthony Dunne
Date of award acceptance                            13 December 2019
Nature of transaction                               Acceptance of Awards of ordinary shares in terms
                                                    of the SIP
Class of securities                                 Award in terms of the SIP
Total number of ordinary shares covered by the      71 600
Awards                                              (17 900 retention shares with no performance
                                                    conditions)
                                                    (53 700 performance shares with performance
                                                    conditions)
Vesting date                                        100% of the retention shares and depending on
                                                    targets met in terms of the performance
                                                    conditions, between nil to 135% of the
                                                    performance shares on 31 October 2022
Nature and extent of director’s interest            Direct beneficial
Transaction completed on market                     No
Clearance obtained in terms of paragraph 3.66 of
the JSE Listings Requirements                       Yes


Name of director                                    Aletta Helena Coetzee
Date of award acceptance                            13 December 2019
Nature of transaction                               Acceptance of Awards of ordinary shares in terms
                                                    of the SIP
Class of securities                                 Award in terms of the SIP
Total number of ordinary shares covered by the      32 280
Awards                                              (8 065 retention shares with no
                                                    performance conditions)
                                                    (24 215 performance shares with
                                                    performance conditions)
Vesting date                                        100% of the retention shares and depending on
                                                    targets met in terms of the performance conditions,
                                                    between nil to 135% of the performance shares on
                                                    31 October 2022
Nature and extent of director’s interest            Direct beneficial
Transaction completed on market                     No
Clearance obtained in terms of paragraph 3.66 of
the JSE Listings Requirements                       Yes


Name of director of major subsidiary                Leon Charl van Schalkwyk
Name of major subsidiary                            Booysendal Platinum Proprietary Limited
Date of award acceptance                            13 December 2019
Nature of transaction                               Acceptance of Awards of ordinary shares in terms
                                                    of the SIP
Class of securities                                 Award in terms of the SIP
Total number of ordinary shares covered by the      26 650
Awards                                              (6 660 retention shares with no performance
                                                    conditions)
                                                    (19 990 performance shares with
                                                    performance conditions)
Vesting date                                        100% of the retention shares and depending on
                                                    targets met in terms of the performance
                                                    conditions, between nil to 135% of the
                                                    performance shares on 31 October 2022
Nature and extent of director’s interest            Direct beneficial
Transaction completed on market                     No
Clearance obtained in terms of paragraph 3.66 of
the JSE Listings Requirements                       Yes


Name of company secretary                           Patricia Beatrice Beale
Date of award acceptance                            13 December 2019
Nature of transaction                               Acceptance of Awards of ordinary shares in terms
                                                    of the SIP
Class of securities                                 Award in terms of the SIP
Total number of ordinary shares covered by the      16 650
awards                                              (4 160 retention shares with no performance
                                                    conditions)
                                                    (12 490 performance shares with performance
                                                    conditions)
Vesting date                                        100% of the retention shares and depending on
                                                    targets met in terms of the performance
                                                    conditions, between nil to 135% of the
                                                    performance shares on 31 October 2022
Nature and extent of interest                       Direct beneficial
Transaction completed on market                     No
Clearance obtained in terms of paragraph 3.66 of
the JSE Listings Requirements                       Yes




Johannesburg
17 December 2019

Sponsor and Debt Sponsor
One Capital

Date: 17-12-2019 08:00:00
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