Announcements 2018

04 Dec 2018

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“JSE listings requirements”), Northam hereby advises its shareholders of the following dealings by directors of the company, a director of a major subsidiary and the company secretary:

Name of director Paul Anthony Dunne
Date of award acceptance 30 November 2018
Nature of transaction Acceptance of awards of ordinary shares in terms of the Northam Share Incentive Plan (“SIP”)
Class of securities Award in terms of the SIP
Total number of ordinary shares covered by the awards 184 500
(46 100 retention shares with no performance conditions)
(138 400 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on achievement of the performance conditions, between nil to 135% of the performance shares on 5 November 2021
Strike price R nil
Value of transaction -
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 30 November 2018
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 awards 79 100
(19 800 retention shares with no performance conditions)
(59 300 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 5 November 2021
Strike price R nil
Value of transaction -
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 30 November 2018

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 awards 71 600
(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 5 November 2021
Strike price R nil
Value of transaction -
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 30 November 2018
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 awards 39 700
(9 900 retention shares with no performance conditions)
(29 800 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 5 November 2021
Strike price R nil
Value of transaction -
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
04 December 2018

Sponsor and Debt Sponsor
One Capital