| Fri 15 May 2026, 16:00 | | VALTERRA PLATINUM LIMITED - Issuance of R2 Billion Floating Rate Notes Under the Valterra Platinum R10 Billion Domestic Medium Term Note Program |
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Issuance of R2 Billion Floating Rate Notes Under the Valterra Platinum R10 Billion Domestic Medium Term Note Program
Valterra Platinum Limited
(previously Anglo American Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
JSE Share Code: VAL
LSE Share Code: VALT
JSE Debt Issuer Code: VALI
ISIN: ZAE000013181
Income tax number: 9575104717
("the Company" or "Valterra Platinum")
15 May 2026
ISSUANCE OF R2 BILLION FLOATING RATE NOTES UNDER THE VALTERRA PLATINUM R10 BILLION
DOMESTIC MEDIUM TERM NOTE PROGRAMME
Valterra Platinum is pleased to announce that it has successfully concluded an inaugural auction and
issuance of floating rate notes ("Notes") to the value of R2 billion under the Company's R10 billion Domestic
Medium Term Note Programme, as amended and/or supplemented from time to time.
Sayurie Naidoo, CFO of the Company, said: "The success of our inaugural bond auction marks a defining
milestone for Valterra Platinum and reflects investors' confidence in the quality of the Company's assets, the
strength of its balance sheet, and our long-term strategy. Through this issuance, we continue to optimise our
funding profile while maintaining a disciplined approach to capital allocation".
The Notes will be issued on 18 May 2026 and comprise:
INSTRUMENT TYPE FLOATING RATE NOTE
Bond Code VAL001
ISIN No. ZAG000224981
Nominal Issued: R 378 000 000.00
Issue Price: 100%
Coupon Compounded Daily ZARONIA plus 72 bps, in
accordance with paragraph 33 of the Applicable
Pricing Supplement
Interest Determination Date The 5th (fifth) Johannesburg Business Day
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 18 May 2027
Books Close Date N/A
Interest Payment Date(s) 18 August 2026, 18 November 2026, 18 February
2027 and 18 May 2027
Last Day to Register By 17:00 on 17 August 2026, 17 November 2026, 17
February 2027 and 17 May 2027
Issue Date 18 May 2026
Business Day Convention Modified Following
Interest Commencement Date 18 May 2026
First Interest Payment Date 18 August 2026
Additional Information Senior Unsecured Floating Rate Notes due 18 May
2027 under its ZAR10,000,000,000 Domestic
Medium Term Note Programme
INSTRUMENT TYPE FLOATING RATE NOTE
Bond Code VAL002
ISIN No. ZAG000225004
Nominal Issued: R 1 240 000 000.00
Issue Price: 100%
Coupon Compounded Daily ZARONIA plus 100 bps, in
accordance with paragraph 33 of the Applicable
Pricing Supplement
Interest Determination Date The 5th (fifth) Johannesburg Business Day
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 18 May 2027
Books Close Date N/A
Interest Payment Date(s) 18 August, 18 November, 18 February and 18 May
Last Day to Register By 17:00 on 17 August, 17 November, 17 February
and 17 May
Issue Date 18 May 2026
Business Day Convention Modified Following
Interest Commencement Date 18 May 2026
First Interest Payment Date 18 August 2026
Additional Information Senior Unsecured Floating Rate Notes due 18 May
2029 under its ZAR10,000,000,000 Domestic
Medium Term Note Programme
INSTRUMENT TYPE FLOATING RATE NOTE
Bond Code VAL003
ISIN No. ZAG000224999
Nominal Issued: R 382 000 000.00
Issue Price: 100%
Coupon Compounded Daily ZARONIA plus 104 bps, in
accordance with paragraph 33 of the Applicable
Pricing Supplement
Interest Determination Date The 5th (fifth) Johannesburg Business Day
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 18 May 2031
Books Close Date N/A
Interest Payment Date(s) 18 August, 18 November, 18 February and 18 May
Last Day to Register By 17:00 on 17 August, 17 November, 17 February
and 17 May
Issue Date 18 May 2026
Business Day Convention Modified Following
Interest Commencement Date 18 May 2026
First Interest Payment Date 18 August 2026
Additional Information Senior Unsecured Floating Rate Notes due 18 May
2031 under its ZAR10,000,000,000 Domestic
Medium Term Note Programme
JSE debt sponsor:
The Standard Bank of South Africa Limited
JSE equity sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
For further information, please contact:
Company Secretary
Fiona Edmundson
fiona.edmundson@valterraplatinum.com
Investors:
Leroy Mnguni
leroy.mnguni@valterraplatinum.com
Marcela Grochowina
marcela.grochowina@valterraplatinum.com
Media:
Cindy Maneveld
cindy.maneveld@valterraplatinum.com
ABOUT VALTERRA PLATINUM
Valterra Platinum is one of the world's leading integrated producers of platinum group metals (PGMs) with a
primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange.
We operate world class, long-life mines and the industry's most efficient processing assets, responsibly
mining, smelting, and refining PGMs and associated co-products from operations located in South Africa and
Zimbabwe. With integrated marketing hubs in London, Singapore and Shanghai, we deliver tailored solutions
for our customers. We continue to integrate sustainability into everything we do, invest in our mining and
processing capabilities and advance market development initiatives to grow and commercialise new demand
segments. We make a meaningful impact in the communities where we operate and remain committed to
delivering consistent and superior returns to shareholders. Guided by our purpose of unearthing value to
better our world, we are committed to zero harm, disciplined capital allocation and delivery on our value-
accretive strategic priorities.
Date: 15-05-2026 04:00:00
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