Announcements 2018

02 Jan 2018

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings Requirements”), Northam advises its shareholders of the following dealing by an associate of a director of a major subsidiary of the company:

Name of director of major subsidiary Leon Charl van Schalkwyk
Name of associate C van Schalkwyk
Relationship with director Wife of Mr van Schalkwyk
Name of major subsidiary Booysendal Platinum Proprietary Limited
Nature of transaction Indirect purchase of shares
Class of shares Ordinary shares
Date of transaction 27 December 2017
Price per ordinary share Various different trades with the following price information:
- volume weighted average price of R48.92;
- highest price of R49.00; and
- lowest price of R48.90
Total number of ordinary shares 23 572
Value of transaction R1 153 130.14
Nature and extent of director’s interest Indirect beneficial
Transaction completed on market Yes
Clearance obtained in terms of paragraph 3.66 of the Listings Requirements Yes

Purchase of Zambezi Platinum (RF) Limited (“Zambezi Platinum”) preference shares (“preference shares”)

In terms of the Northam broad-based 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 3.66 of the Listings Requirements, Northam advises its shareholders of the following dealing by an associate of a director of a major subsidiary of the company and of Zambezi Platinum:

Name of director of major subsidiary Leon Charl van Schalkwyk
Name of associate C van Schalkwyk
Relationship with director Wife of Mr van Schalkwyk
Name of major subsidiary Booysendal Platinum Proprietary Limited
Nature of transaction Indirect purchase of preference shares
Class of shares Preference shares
Date of transaction 22 December 2017
Price per preference share R59.00
Total number of ordinary shares 47 preference shares
Value of transaction R2 773.00
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 Listings Requirements Yes

Johannesburg
02 January 2018

Sponsor and Debt Sponsor
One Capital