NORTHAM PLATINUM HOLDINGS LIMITED - Disposal of the remainder of Northam Holdings’ interest in Implats
Disposal of the remainder of Northam Holdings’ interest in Implats
NORTHAM PLATINUM HOLDINGS LIMITED NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa Incorporated in the Republic of South Africa
Registration number 2020/905346/06 Registration number 1977/003282/06
Share code: NPH Debt issuer code: NHMI
ISIN: ZAE000298253 Bond code: NHM015 Bond ISIN: ZAG000164922
(“Northam Holdings” or, Bond code: NHM016 Bond ISIN: ZAG000167750
together with its subsidiaries, “Northam”) Bond code: NHM019 Bond ISIN: ZAG000168105
Bond code: NHM020 Bond ISIN: ZAG000172594
Bond code: NHM021 Bond ISIN: ZAG000181496
Bond code: NHM022 Bond ISIN: ZAG000190133
Bond code: NHM023 Bond ISIN: ZAG000190968
Bond code: NHM024 Bond ISIN: ZAG000195926
Bond code: NHM025 Bond ISIN: ZAG000195934
Bond code: NHM026 Bond ISIN: ZAG000195942
(“Northam Platinum”)
DISPOSAL OF THE REMAINDER OF NORTHAM HOLDINGS’ INTEREST IN IMPLATS
Unless otherwise defined herein, capitalised words and terms contained in this announcement shall bear the same
meanings ascribed thereto in the announcement published by Northam Holdings on SENS on Friday, 25 August 2023
(“Announcement”).
Northam Shareholders are referred to the Announcement wherein it was advised, inter alia, that
Northam Holdings had disposed of 27 541 147 of the 30 065 866 Implats Shares received pursuant to the Acceptance
(“Share Consideration”).
Northam Shareholders are advised that Northam Holdings has disposed of the remaining 2 524 719 Implats Shares
on-market for a total consideration of c. R251.1 million.
Accordingly, the total cash consideration received pursuant to the disposal of the Share Consideration amounts to
c. R3.1 billion, representing a volume weighted average price of R103.95 per Implats Share.
The disposal of the remaining 2 524 719 Implats Shares falls below the threshold for categorisation in terms of the
JSE Limited Listings Requirements, and therefore this is a voluntary announcement provided for information purposes
only.
Johannesburg
28 August 2023
Corporate Advisor and Sponsor to Northam Holdings
One Capital
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital
Date: 28-08-2023 12:15:00
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