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

NORTHAM PLATINUM LIMITED - Listing of new financial instrument NHM021

Release Date: 25/11/2021 17:00
Code(s): NHM021     PDF:  
Wrap Text
Listing of new financial instrument – NHM021

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number 1977/003282/06
Debt issuer code: NHMI
Bond code: NHM021 Bond ISIN: ZAG000181496
(“Northam”)

LISTING OF NEW FINANCIAL INSTRUMENT – NHM021

The JSE Limited (“JSE”) has granted approval for the listing of NHM021 Senior Unsecured Floating Rate Notes
(“Notes”) issued under the Northam Platinum Limited ZAR15 000 000 000 Domestic Medium Term Note
Programme (“Programme”), dated 29 October 2020, as amended and/or supplemented from time to time
(“Programme Memorandum”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from
26 November 2021.

Any capitalised terms not defined in this announcement shall have the meanings ascribed thereto in the section
of the Programme Memorandum headed “Terms and Conditions of the Notes”.

The details pertaining to the issue of NHM021 are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR9 463 022 841 (inclusive of this issue of Notes)
 Instrument Code                                      NHM021
 Nominal Amount:                                      ZAR245 000 000
 Issue Price:                                         100%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 425 bps per annum
 Interest Rate Determination Date(s):                 26 February, 26 May, 26 August and
                                                      26 November of each year until the Maturity Date with the
                                                      first Interest Rate Determination Date being
                                                      23 November 2021
 Coupon Rate Indicator:                               Floating
 Issue Date:                                          26 November 2021
 Interest Commencement Date:                          26 November 2021
 Maturity Date:                                       26 November 2026
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 15 February, 15 May, 15 August and
                                                      15 November of each year until the Maturity Date, or if
                                                      such day is not a Business Day, the Business Day
                                                      preceding each Books Closed Period
 Books Closed Period:                                 16 February to 25 February, 16 May to 25 May, 16 August
                                                      to 25 August and 16 November to 25 November of each
                                                      year until the Maturity Date (all dates inclusive), or if any
                                                      early redemption occurs, 10 Days prior to the actual
                                                      Redemption Date
 Floating Interest Payment Date(s):                   26 February, 26 May, 26 August and 26 November of
                                                      each year until the Maturity Date or, if such day is not a
                                                      Business Day, the Business Day on which interest will be
                                                      paid, as determined in accordance with the Applicable
                                                      Business Day Convention
 International Securities Identification Number       ZAG000181496
 (ISIN):
 Applicable Business Day Convention:                  Following Business Day
 Other:                                               The applicable pricing supplement (“APS”) does not
                                                      contain additional terms and conditions to the terms and
                                                      conditions as contained in the Programme. The APS is
                                                      available on Northam’s website:
                                                      https://www.northam.co.za/downloads/send/96-
                                                      files/1331-applicable-pricing-supplement-nhm021-tap-
                                                      issue


The Notes will be dematerialised in the Central Securities Depository (CSD) and settlement will take place
electronically in terms of JSE Rules.


Johannesburg
25 November 2021

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

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

Date: 25-11-2021 05:00:00
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.

Share This Story