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Thu 3 Feb 2011, 7:05 NHM - Northam Platinum Limited - Directors` dealings: acceptance of options
NHM
NHM                                                                             
NHM - Northam Platinum Limited - Directors` dealings: acceptance of options     
NORTHAM PLATINUM LIMITED                                                        
Incorporated in the Republic of South Africa                                    
(Registration number 1977/003282/06)                                            
Share code: NHM                                                                 
ISIN code: ZAE000030912                                                         
("Northam" or "the Company")                                                    
DIRECTORS` DEALINGS: ACCEPTANCE OF OPTIONS                                      
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements      
("Listings Requirements"), Northam hereby advises its shareholders of the       
following dealings by directors of the Company:                                 
Name of director                       Ayanda Zemini Khumalo                    
Date of transaction                    1 July 2010                              
Nature of transaction                  Acceptance of options in terms of        
                                      the Northam Share Option Scheme           
Class of securities                    Options over ordinary shares             
Number of shares covered by options    125 000                                  
Strike price                           R45.59 per share                         
Vesting period                         50% on the 2nd anniversary of the        
offer date and 100% on the 3rd            
                                      anniversary of the offer date             
Value of transaction                   -                                        
Nature and extent of director`s        Direct beneficial                        
interest                                                                        
Transaction completed on market        No                                       
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings         Yes                                      
Requirements                                                                    
Name of director                       Ayanda Zemini Khumalo                    
Date of transaction                    12 October 2010                          
Nature of transaction                  Acceptance of options in terms of        
the Northam Share Option Scheme           
Class of securities                    Options over ordinary shares             
Number of shares covered by options    125 000                                  
Strike price                           R46.57 per share                         
Vesting period                         50% on the 2nd anniversary of the        
                                      offer date and 100% on the 3rd            
                                      anniversary of the offer date             
Value of transaction                   -                                        
Nature and extent of director`s        Direct beneficial                        
interest                                                                        
Transaction completed on market        No                                       
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings         Yes                                      
Requirements                                                                    
Name of director                       Glyn Tudor Lewis                         
Date of transaction                    12 October 2010                          
Nature of transaction                  Acceptance of options in terms of        
                                      the Northam Share Option Scheme           
Class of securities                    Options over ordinary shares             
Number of shares covered by options    187 500                                  
Strike price                           R46.57 per share                         
Vesting period                         50% on the 2nd anniversary of the        
                                      offer date and 100% on the 3rd            
                                      anniversary of the offer date             
Value of transaction                   -                                        
Nature and extent of director`s        Direct beneficial                        
interest                                                                        
Transaction completed on market        No                                       
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings         Yes                                      
Requirements                                                                    
Johannesburg                                                                    
2 February 2011                                                                 
Sponsor                                                                         
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 03/02/2011 07:05:45 Produced by the JSE SENS Department.                  
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