Announcements 2022

20 Oct 2022

The JSE Limited (“JSE”) has granted approval for the listing of NHM023 Senior Unsecured Floating Rate Notes (“Notes”) under series NHM023 issued under the Northam Platinum Limited ZAR15 000 000 000 Domestic Medium Term Note Programme (“Programme”), dated 29 October 2020, as amended and supplemented from time to time (“Programme Memorandum”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 21 October 2022.

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 NHM023 are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR14 999 836 845 (inclusive of this issue of Notes)
Instrument Code: NHM023
Nominal Amount: ZAR243 000 000
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 300 bps per annum
Interest Rate Determination Date(s): 21 January, 21 April, 21 July and 21 October (or the first Business Day of each Interest Period) of each year until the Maturity Date with the first Interest Rate Determination Date being 18 October 2022
Coupon Rate Indicator: Floating Rate
Issue Date: 21 October 2022
Interest Commencement Date: 21 October 2022
Maturity Date: 21 October 2025
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 10 January, 10 April, 10 July and 10 October of each year until the Maturity Date, or if such day is not a Business Day, the Business Day preceding the Books Closed Period
Books Closed Period: 11 January to 20 January, 11 April to 20 April, 11 July to 20 July and 11 October to 20 October 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): 21 January, 21 April, 21 July and 21 October 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, with the first Floating Interest Payment Date being 21 January 2023
International Securities Identification Number (ISIN): ZAG000190968
Applicable Business Day Convention: Following Business Day
Other: The applicable pricing supplement (“APS”) does not contain additional terms and conditions or changes 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/1488-applicable-pricing-supplement-nhm023-execution

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

Johannesburg
20 October 2022

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.