To view the PDF file, sign up for a MySharenet subscription.

NORTHAM PLATINUM LIMITED - Partial capital redemption NHM002, NHM006, NHM007, NHM009, NHM011, and NHM014

Release Date: 25/05/2020 17:13
Code(s): NHM NHM002 NHM006 NHM007 NHM009 NHM014 NHM011     PDF:  
 
Wrap Text
Partial capital redemption – NHM002, NHM006, NHM007, NHM009, NHM011, and NHM014

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: 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
Bond code: NHM017       Bond ISIN: ZAG000167891
Bond code: NHM018       Bond ISIN: ZAG000168097
Bond code: NHM019       Bond ISIN: ZAG000168105

(“Northam” or the “Company”)

PARTIAL CAPITAL REDEMPTION – NHM002, NHM006, NHM007, NHM009, NHM011, AND NHM014

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 NHM002, NHM006, NHM007, NHM009, NHM011 and NHM014 (the
“Notes”), guaranteed by Booysendal Platinum Proprietary Limited, by an aggregate amount of
R921.3 million (the “Purchased Notes”), on 25 May 2020.

Details pertaining to the Purchased Notes:

 Bond Code:                                                           NHM002
 ISIN:                                                                ZAG000129024
 Reduction in the nominal amount of the relevant Notes:               R173 600 000.00
 Remaining nominal amount of the relevant Notes in issue:             R1 400 000.00

 Bond Code:                                                           NHM006
 ISIN:                                                                ZAG000158577
 Reduction in the nominal amount of the relevant Notes:               R97 700 000.00
 Remaining nominal amount of the relevant Notes in issue:             R123 392 998.00

 Bond Code:                                                           NHM007
 ISIN:                                                                ZAG000158593
 Reduction in the nominal amount of the relevant Notes:               R100 000 000.00
 Remaining nominal amount of the relevant Notes in issue:             R141 185 996.00

 Bond Code:                                                           NHM009
 ISIN:                                                                ZAG000158866
 Reduction in the nominal amount of the relevant Notes:               R100 000 000.00
 Remaining nominal amount of the relevant Notes in issue:             R150 000 000.00

 Bond Code:                                                           NHM011
 ISIN:                                                                ZAG000159237
 Reduction in the nominal amount of the relevant Notes:               R50 000 000.00
 Remaining nominal amount of the relevant Notes in issue:             R173 000 000.00

 Bond Code:                                                           NHM014
 ISIN:                                                                ZAG000163650
 Reduction in the nominal amount of the relevant Notes:               R400 000 000.00
 Remaining nominal amount of the relevant Notes in issue:             R2 220 000 000.00

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 on 25 May 2020.

Northam noteholders are referred to the announcement published by the Company on SENS on Monday,
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 Purchased Notes
pertains to the Note Switch.

Johannesburg
25 May 2020

Corporate Advisor and JSE Sponsor to Northam
One Capital

Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Notes
One Capital

Attorneys to Northam, the Arranger and the Dealer in respect of the Notes
Bowman Gilfillan Inc.

Date: 25-05-2020 05:13:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story