Partial capital redemption – NHM006, NHM007, NHM010, NHM011 and NHM012
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: 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
Bond code: NHM016 Bond ISIN: ZAG000167750
(“Northam” or the “Company”)
PARTIAL CAPITAL REDEMPTION – NHM006, NHM007, NHM010, NHM011 AND NHM012
Northam noteholders are hereby advised, in accordance with the Terms and Conditions of the Northam
Platinum Limited ZAR10 000 000 000 Domestic Medium Term Note Programme (dated 3 August 2012, as
amended and / or supplemented from time to time) (the “Programme”), of the reduction in the nominal
amount of notes in bond series NHM006, NHM007, NHM010, NHM011 and NHM012 (the “Notes”),
guaranteed by Booysendal Platinum Proprietary Limited, by an aggregate amount of R469.3 million (the
“Purchased Notes”), with effect from 11 May 2020.
Details pertaining to the Purchased Notes:
Bond Code: NHM006
Reduction in the nominal amount of the relevant Notes: R28 907 002.00
Remaining nominal amount of the relevant Notes in issue: R221 092 998.00
Bond Code: NHM007
Reduction in the nominal amount of the relevant Notes: R58 814 004.00
Remaining nominal amount of the relevant Notes in issue: R241 185 996.00
Bond Code: NHM010
Reduction in the nominal amount of the relevant Notes: R35 000 000.00
Remaining nominal amount of the relevant Notes in issue: R15 000 000.00
Bond Code: NHM011
Reduction in the nominal amount of the relevant Notes: R277 000 000.00
Remaining nominal amount of the relevant Notes in issue: R223 000 000.00
Bond Code: NHM012
Reduction in the nominal amount of the relevant Notes: R69 530 000.00
Remaining nominal amount of the relevant Notes in issue: R30 470 000.00
The reduction in the nominal amount of the Notes was effected through the purchase by Northam of the
Purchased Notes in the market and the surrender by Northam of the Purchased Notes to the Transfer Agent
under the Programme for cancellation thereof, with effect from 11 May 2020.
Northam noteholders are referred to the announcement published by the Company on SENS today, 11
May 2020 (the “Announcement”) pertaining to, inter alia, a note switch whereby the maturity dates of
certain Notes will be extended through a purchase and cancellation of such Notes and the simultaneous
issue of new notes under the Programme with longer maturity dates, for the same nominal amount, as
detailed in the Announcement (the “Note Switch”). The purchase and cancellation of the Purchase Notes
pertains to the Note Switch.
11 May 2020
Corporate Advisor and JSE Sponsor to Northam
Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Notes
Attorneys to Northam
Cliffe Decker Hofmeyr Inc.
Attorneys to Northam, the Arranger and the Dealer in respect of the Notes
Bowman Gilfillan Inc.
Date: 11-05-2020 05:00:00
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