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Announcements 2022
- 19 May 2022
Interest payment notifications - NHM011, NHM018, NHM019, NHM020 AND NHM021
Northam bondholders are advised of the following interest payments due on Tuesday, 24 May 2022, Wednesday, 25 May 2022 and Thursday, 26 May 2022:
Northam bondholders are advised of the following interest payments due on Tuesday, 24 May 2022, Wednesday, 25 May 2022 and Thursday, 26 May 2022:
| Bond Code: | NHM011 |
| ISIN: | ZAG000159237 |
| Coupon: | 7.967% |
| Interest Period: | 24 February 2022 to 23 May 2022 |
| Interest Amount Due: | R4 720 611.21 |
| Payment Date: | 24 May 2022 |
| Date Convention: | Following Business Day |
| Bond Code: | NHM018 |
| ISIN: | ZAG000168097 |
| Coupon: | 7.967% |
| Interest Period: | 25 February 2022 to 24 May 2022 |
| Interest Amount Due: | R44 496 131.55 |
| Payment Date: | 25 May 2022 |
| Date Convention: | Following Business Day |
| Bond Code: | NHM019 |
| ISIN: | ZAG000168105 |
| Coupon: | 8.217% |
| Interest Period: | 25 February 2022 to 24 May 2022 |
| Interest Amount Due: | R70 445 177.33 |
| Payment Date: | 25 May 2022 |
| Date Convention: | Following Business Day |
| Bond Code: | NHM020 |
| ISIN: | ZAG000172594 |
| Coupon: | 7.967% |
| Interest Period: | 25 February 2022 to 24 May 2022 |
| Interest Amount Due: | R13 248 793.59 |
| Payment Date: | 25 May 2022 |
| Date Convention: | Following Business Day |
| Bond Code: | NHM021 |
| ISIN: | ZAG000181496 |
| Coupon: | 8.467% |
| Interest Period: | 28 February 2022 to 25 May 2022 |
| Interest Amount Due: | R6 518 662.11 |
| Payment Date: | 26 May 2022 |
| Date Convention: | Following Business Day |
Johannesburg
19 May 2022
Debt Sponsor
One Capital
- 06 May 2022
Interest payment notification - NHM016
Northam bondholders are advised of the following interest payment due on Wednesday, 11 May 2022:
Northam bondholders are advised of the following interest payment due on Wednesday, 11 May 2022:
| Bond Code: | NHM016 |
| ISIN: | ZAG000167750 |
| Coupon: | 8.417% |
| Interest Period: | 11 February 2022 to 10 May 2022 |
| Interest Amount Due: | R75 843 111.30 |
| Payment Date: | 11 May 2022 |
| Date Convention: | Following Business Day |
Johannesburg
6 May 2022
Debt Sponsor
One Capital
- 28 Apr 2022
Disclosure of an acquisition of a beneficial interest in Northam Holdings securities
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“Companies Act”), as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, Northam Holdings shareholders are advised that the company received notification, in the prescribed form, from Fairtree Asset Management Proprietary Limited, on behalf of its clients (“Fairtree”), advising that it has acquired a beneficial interest in the securities of Northam Holdings, such that Fairtree now holds a beneficial interest of 5.032% in the company’s total issued share capital.
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“Companies Act”), as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, Northam Holdings shareholders are advised that the company received notification, in the prescribed form, from Fairtree Asset Management Proprietary Limited, on behalf of its clients (“Fairtree”), advising that it has acquired a beneficial interest in the securities of Northam Holdings, such that Fairtree now holds a beneficial interest of 5.032% in the company’s total issued share capital.
The company will file the relevant notification with the Takeover Regulation Panel, as required in terms of section 122(3)(a) of the Companies Act.
Johannesburg
28 April 2022
Corporate Advisor and Sponsor to Northam Holdings
One Capital
Attorneys to Northam Holdings and Northam Platinum
Webber Wentzel
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital
- 26 Apr 2022
Disclosure of an acquisition of a beneficial interest In Northam Holdings securities
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“Companies Act”), as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, Northam Holdings shareholders are advised that the company received notification, in the prescribed form, from MandG Investment Managers Proprietary Limited, on behalf of its clients (“MandG”), advising that it has acquired a beneficial interest in the securities of Northam Holdings, such that MandG now holds a beneficial interest of 10.06% in the company’s total issued share capital.
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“Companies Act”), as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, Northam Holdings shareholders are advised that the company received notification, in the prescribed form, from MandG Investment Managers Proprietary Limited, on behalf of its clients (“MandG”), advising that it has acquired a beneficial interest in the securities of Northam Holdings, such that MandG now holds a beneficial interest of 10.06% in the company’s total issued share capital.
The company will file the relevant notification with the Takeover Regulation Panel, as required in terms of section 122(3)(a) of the Companies Act.
Johannesburg
26 April 2022
Corporate Advisor and Sponsor to Northam Holdings
One Capital
Attorneys to Northam Holdings and Northam Platinum
Webber Wentzel
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital
- 26 Apr 2022
Media release: Northam ratchets up another project delivery record
Northam has achieved another major project milestone with the completion of drilling of its No 3 Shaft, at a world record depth of 1 382 metres at the group’s Zondereinde mine in the western bushveld. Work on the No 3 shaft at Zondereinde’s significant brownfields capital expansion project, the Western extension, started in early 2020.
…extends life of Zondereinde mine to over 30 years
Northam has achieved another major project milestone with the completion of drilling of its No 3 Shaft, at a world record depth of 1 382 metres at the group’s Zondereinde mine in the western bushveld. Work on the No 3 shaft at Zondereinde’s significant brownfields capital expansion project, the Western extension, started in early 2020.
Zondereinde’s Western extension is a quality resource block containing 21 million ounces of PGM within the high-grade Merensky and UG2 orebodies. The resource was purchased in 2017 for R1 billion. The addition of the Western extension improves operational flexibility at Zondereinde and will permit annual PGM output to increase to 350 000 ounces 4E by 2026. It also extends the remaining life of the operation to over 30 years.
Mining activity from the existing workings of the Zondereinde mine will gradually transition into the Western extension block. The new shaft complex is situated some four kilometres from the original Zondereinde Mine complex, a distance which constrains service delivery and logistics. The new shaft will transport people and materials, as well as allow the supply of services, including backfill, chilled service water and ventilation, to the underground workings. This will alleviate the challenges associated with distance from the existing Zondereinde shafts.
The Zondereinde mine, situated in Limpopo Province near Thabazimbi is a key contributor to social upliftment and development in the area. The development of no. 3 shaft will secure the jobs of Zondereinde’s current employee complement of 10 700, as well as an additional 600 permanent positions. This provides the impetus for further economic activity in the province.
Northam CEO Paul Dunne said today: “This project milestone was delivered on time and on budget by the Zondereinde team, in collaboration with our project service provider, Master Drilling. The resultant long-term stability and life of mine extension delivered by this project will have a beneficial impact on the mine, its stakeholders and the local economy for decades to come.”
R&A Strategic Communications, Johannesburg, Tel +27 (0)11 880 3924
- Marion Brower +27 71 493 0387
- Memory Johnstone +27 82 719 3081
- Siseko Njobeni +27 11 880 3924
Visual resources will be available on the Northam website, www.northam.co.za
- 22 Apr 2022
Listing of tap issuances – NHM016, NHM018, NHM019 AND NHM020
The JSE Limited (“JSE”) has granted approval for the listing of tap issuances of Senior Unsecured Floating Rate Notes (“Notes”) under series NHM016, NHM018, NHM019 and NHM020 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 26 April 2022.
The JSE Limited (“JSE”) has granted approval for the listing of tap issuances of Senior Unsecured Floating Rate Notes (“Notes”) under series NHM016, NHM018, NHM019 and NHM020 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 26 April 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 tap issuance of the NHM016 series are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR11 351 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM018, NHM019 and NHM020, all issuing on 26 April 2022) |
| Instrument Code: | NHM016 |
| Tranche Number: | 7 |
| Nominal Amount: | ZAR15 000 000 |
| Issue Price: | 101.70646% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 425 bps per annum |
| Interest Rate Determination Date(s): | 11 August, 11 November, 11 February and 11 May (or the first Business Day of each Interest Period) of each year until the Maturity Date |
| Coupon Rate Indicator: | Floating Rate |
| Issue Date: | 26 April 2022 |
| Interest Commencement Date: | 11 February 2022 |
| Maturity Date: | 11 May 2025 |
| Final Redemption Amount: | 100% of Nominal Amount |
| Last Day to Register: | By 17h00 on 31 July, 31 October, 31 January and 30 April 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: | 01 August to 10 August, 01 November to 10 November, 01 February to 10 February and 01 May to 10 May 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): | 11 August, 11 November, 11 February and 11 May 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 (ISIN): | ZAG000167750 |
| 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/1451-applicable-pricing-supplement-nhm016-tap-tranche-7-execution |
The details pertaining to the tap issuance of the NHM018 series are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR11 351 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM016, NHM019 and NHM020, all issuing on 26 April 2022) |
| Instrument Code: | NHM018 |
| Tranche Number: | 7 |
| Nominal Amount: | ZAR897 000 000 |
| Issue Price: | 101.30964% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 375 bps per annum |
| Interest Rate Determination Date(s): | 25 August, 25 November, 25 February and 25 May (or the first Business Day of each Interest Period) of each year until the Maturity Date |
| Coupon Rate Indicator: | Floating Rate |
| Issue Date: | 26 April 2022 |
| Interest Commencement Date: | 25 February 2022 |
| Maturity Date: | 25 May 2023 |
| Final Redemption Amount: | 100% of Nominal Amount |
| Last Day to Register: | By 17h00 on 14 August, 14 November, 14 February and 14 May 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: | 15 August to 24 August, 15 November to 24 November, 15 February to 24 February and 15 May to 24 May 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): | 25 August, 25 November, 25 February and 25 May 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 (ISIN): | ZAG000168097 |
| Applicable Business Day Convention: | Following Business Day |
| Other: | The 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/1452-applicable-pricing-supplement-nhm018-tranche-7-execution |
The details pertaining to the tap issuance of the NHM019 series are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR11 351 836 845 (inclusive of this issue of Notes and the tap issuance under Note series NHM016, NHM018 and NHM020, all issuing on 26 April 2022) |
| Instrument Code: | NHM019 |
| Tranche Number: | 5 |
| Nominal Amount: | ZAR275 000 000 |
| Issue Price: | 101.35074% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 400 bps per annum |
| Interest Rate Determination Date(s): | 25 August, 25 November, 25 February and 25 May (or the first Business Day of each Interest Period) of each year until the Maturity Date |
| Coupon Rate Indicator: | Floating Rate |
| Issue Date: | 26 April 2022 |
| Interest Commencement Date: | 25 February 2022 |
| Maturity Date: | 25 May 2024 |
| Final Redemption Amount: | 100% of Nominal Amount |
| Last Day to Register: | By 17h00 on 14 August, 14 November, 14 February and 14 May 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: | 15 August to 24 August, 15 November to 24 November, 15 February to 24 February and 15 May to 24 May 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): | 25 August, 25 November, 25 February and 25 May 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 (ISIN): | ZAG000168105 |
| Applicable Business Day Convention: | Following Business Day |
| Other: | The 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/1453-applicable-pricing-supplement-nhm019-tap-tranche-5-execution |
The details pertaining to the tap issuance of the NHM020 series are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR11 351 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM016, NHM018 and NHM019, all issuing on 26 April 2022) |
| Instrument Code: | NHM020 |
| Tranche Number: | 3 |
| Nominal Amount: | ZAR450 000 000 |
| Issue Price: | 101.30964% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 375 bps per annum |
| Interest Rate Determination Date(s): | 25 February, 25 May, 25 August and 25 November (or the first Business Day of each Interest Period) of each year until the Maturity Date |
| Interest Payment Basis: | Floating Rate |
| Issue Date: | 26 April 2022 |
| Interest Commencement Date: | 25 February 2022 |
| Maturity Date: | 25 November 2023 |
| Final Redemption Amount: | 100% of Nominal Amount |
| Last Day to Register: | By 17h00 on 14 February, 14 May, 14 August and 14 November 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: | 15 February to 24 February, 15 May to 24 May, 15 August to 24 August and 15 November to 24 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): | 25 February, 25 May, 25 August and 25 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 (ISIN): | ZAG000172594 |
| Applicable Business Day Convention: | Following Business Day |
| Other: | The 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/1454-applicable-pricing-supplement-nhm020-tranche-3-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
22 April 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
- 21 Apr 2022
Interest payment notification – NHM009
Northam bondholders are advised of the following interest payment due on Tuesday, 26 April 2022:
Northam bondholders are advised of the following interest payment due on Tuesday, 26 April 2022:
| Bond Code: | NHM009 |
| ISIN: | ZAG000158866 |
| Coupon: | 7.65% |
| Interest Period: | 26 January 2022 to 25 April 2022 |
| Interest Amount Due: | R7 828 150.68 |
| Payment Date: | 26 April 2022 |
| Date Convention: | Following Business Day |
Johannesburg
21 April 2022
Debt Sponsor
One Capital
- 13 Apr 2022
Partial capital redemption – NHM011
Northam noteholders (“Noteholders”) are advised of the reduction in the nominal amount of notes in bond series NHM011 (the “Applicable Notes”), guaranteed by Booysendal Platinum Proprietary Limited, by an aggregate amount of R325 000 000, with effect from 19 April 2022 (“Reduction”). The Reduction will be implemented in accordance with the terms and conditions of the Northam Platinum Limited R15 000 000 000 Domestic Medium Term Note Programme as amended and/or supplemented from time to time (the “Programme”).
Northam noteholders (“Noteholders”) are advised of the reduction in the nominal amount of notes in bond series NHM011 (the “Applicable Notes”), guaranteed by Booysendal Platinum Proprietary Limited, by an aggregate amount of R325 000 000, with effect from 19 April 2022 (“Reduction”). The Reduction will be implemented in accordance with the terms and conditions of the Northam Platinum Limited R15 000 000 000 Domestic Medium Term Note Programme as amended and/or supplemented from time to time (the “Programme”).
| Bond Code: | NHM011 |
| ISIN: | ZAG000159237 |
| Reduction in the nominal amount: | R325 000 000 |
| Remaining nominal amount in issue: | R243 000 000 |
The Reduction will be effected through the purchase by Northam of the relevant number of Applicable Notes and the surrender thereof to the transfer agent under the Programme for cancellation, with effect from 19 April 2022.
The purchase by Northam of the Applicable Notes forms part of a note switch, whereby the maturity date in respect of the nominal amount of the Applicable Notes will be effectively extended through the purchase and cancellation of the Applicable Notes and the simultaneous issue of new notes under the Programme, for the same nominal amount, with longer maturity dates (“Note Switch”). The nominal amount of the Note Switch will be issued as part of the sixth tranche to be issued under bond series NHM018 (maturing on 25 May 2023).
The rationale for the Note Switch is to enable Northam to maintain a minimum level of medium-term gearing.
Johannesburg
13 April 2022
Corporate Advisor to Northam
One Capital
Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Programme
One Capital
- 13 Apr 2022
Listing of tap issuances – NHM012, NHM018, NHM019 AND NHM021
The JSE Limited (“JSE”) has granted approval for the listing of tap issuances of Senior Unsecured Floating Rate Notes (“Notes”) under series NHM012, NHM018, NHM019 and NHM021 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 19 April 2022.
The JSE Limited (“JSE”) has granted approval for the listing of tap issuances of Senior Unsecured Floating Rate Notes (“Notes”) under series NHM012, NHM018, NHM019 and NHM021 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 19 April 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 tap issuance of the NHM012 series are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR10 129 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM018, NHM019 and NHM021, all issuing on 19 April 2022) |
| Instrument Code: | NHM012 |
| Tranche Number: | 4 |
| Nominal Amount: | ZAR100 000 000 |
| Issue Price: | 100.79151% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 375 bps per annum |
| Interest Rate Determination Date(s): | 13 June, 13 September, 13 December and 13 March (or the first Business Day of each Interest Period) of each year until the Maturity Date |
| Coupon Rate Indicator: | Floating Rate |
| Issue Date: | 19 April 2022 |
| Interest Commencement Date: | 14 March 2022 |
| Maturity Date: | 13 June 2022 |
| Final Redemption Amount: | 100% of Nominal Amount |
| Last Day to Register: | By 17h00 on 2 June, 2 September, 2 December and 2 March 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: | 3 June to 12 June, 3 September to 12 September, 3 December to 12 December and 3 March to 12 March 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): | 13 June, 13 September, 13 December and 13 March 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 (ISIN): | ZAG000160136 |
| 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/1449-applicable-pricing-supplement-nhm012- tranche-4 |
The details pertaining to the tap issuance of the NHM018 series are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR10 129 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM012, NHM019 and NHM021, all issuing on 19 April 2022) |
| Instrument Code: | NHM018 |
| Tranche Number: | 6 |
| Nominal Amount: | ZAR535 000 000 |
| Issue Price: | 101.15685% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 375 bps per annum |
| Interest Rate Determination Date(s): | 25 August, 25 November, 25 February and 25 May (or the first Business Day of each Interest Period) of each year until the Maturity Date |
| Coupon Rate Indicator: | Floating Rate |
| Issue Date: | 19 April 2022 |
| Interest Commencement Date: | 25 February 2022 |
| Maturity Date: | 25 May 2023 |
| Final Redemption Amount: | 100% of Nominal Amount |
| Last Day to Register: | By 17h00 on 14 August, 14 November, 14 February and 14 May 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: | 15 August to 24 August, 15 November to 24 November, 15 February to 24 February and 15 May to 24 May 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): | 25 August, 25 November, 25 February and 25 May 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 (ISIN): | ZAG000168097 |
| Applicable Business Day Convention: | Following Business Day |
| Other: | The 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/1448-applicable-pricing-supplement-nhm018- tranche-6-execution |
The details pertaining to the tap issuance of the NHM019 series are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR10 129 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM012, NHM018 and NHM021, all issuing on 19 April 2022) |
| Instrument Code: | NHM019 |
| Tranche Number: | 4 |
| Nominal Amount: | ZAR630 000 000 |
| Issue Price: | 101.19315% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 400 bps per annum |
| Interest Rate Determination Date(s): | 25 August, 25 November, 25 February and 25 May (or the first Business Day of each Interest Period) of each year until the Maturity Date |
| Coupon Rate Indicator: | Floating Rate |
| Issue Date: | 19 April 2022 |
| Interest Commencement Date: | 25 February 2022 |
| Maturity Date: | 25 May 2024 |
| Final Redemption Amount: | 100% of Nominal Amount |
| Last Day to Register: | By 17h00 on 14 August, 14 November, 14 February and 14 May 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: | 15 August to 24 August, 15 November to 24 November, 15 February to 24 February and 15 May to 24 May 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): | 25 August, 25 November, 25 February and 25 May 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 (ISIN): | ZAG000168105 |
| Applicable Business Day Convention: | Following Business Day |
| Other: | The 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/1450-applicable-pricing-supplement-nhm019-tap- tranche-4-execution |
The details pertaining to the issue of NHM021 are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR10 129 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM012, NHM018 and NHM019, all issuing on 19 April 2022) |
| Instrument Code | NHM021 |
| Tranche Number: | 2 |
| Nominal Amount: | ZAR78 000 000 |
| Issue Price: | 101.15986% |
| 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 (or the first Business Day of each Interest Period) of each year until the Maturity Date |
| Coupon Rate Indicator: | Floating Rate |
| Issue Date: | 19 April 2022 |
| Interest Commencement Date: | 28 February 2022 |
| 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 (ISIN): | ZAG000181496 |
| Applicable Business Day Convention: | Following Business Day |
| Other: | The 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/1446-applicable-pricing-supplement-nhm021- tranche-2-notes-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
13 April 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.
- 12 Apr 2022
Interest payment notification - NHM007
Northam bondholders are advised of the following interest payment due on Tuesday, 19 April 2022:
Northam bondholders are advised of the following interest payment due on Tuesday, 19 April 2022:
| Bond Code: | NHM007 |
| ISIN: | ZAG000158593 |
| Coupon: | 7.642% |
| Interest Period: | 17 January 2022 to 18 April 2022 |
| Interest Amount Due: | R6 764 554.28 |
| Payment Date: | 19 April 2022 |
| Date Convention: | Following Business Day |
Johannesburg
12 April 2022
Debt Sponsor
One Capital