Transactions in securities

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“JSE Listings Requirements”), Northam hereby advises its shareholders of the following dealings by directors of the company, director of a major subsidiary and the company secretary:

Name of director of the company Paul Anthony Dunne
Date of deemed acceptance of the award 6 December 2017
Nature of transaction Deemed acceptance of an award of Northam ordinary shares (“shares”) in accordance with the Northam Share Incentive Plan (“SIP”)
Class of securities Award in terms of the SIP
Total number of shares covered by the award 183 200 (46 200 retention shares with no performance conditions) (137 000 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on achievement of the performance conditions, between nil to 135% of the performance shares on 2 November 2020
Strike price R nil
Value of transaction -
Nature and extent of director’s interest Direct beneficial
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes

 

Name of director of the company Ayanda Zemini Khumalo
Date of deemed acceptance of the award 6 December 2017
Nature of transaction Deemed acceptance of an award of shares in accordance with the SIP
Class of securities Award in terms of the SIP
Total number of shares covered by the award 87 700(22 100 retention shares with noperformance conditions)(65 600 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 2 November 2020
Strike price R nil
Value of transaction -
Nature and extent of director’s interest Direct beneficial
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes

 

Name of director of major subsidiary   Leon Charl van Schalkwyk
Name of major subsidiary Booysendal Platinum Proprietary Limited
Date of deemed acceptance of the award 6 December 2017
Nature of transaction Deemed acceptance of an award of shares in accordance with the SIP
Class of securities Award in terms of the SIP
Total number of shares covered by the award 70 500 (17 800 retention shares with no performance conditions) (52 700 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 2 November 2020
Strike price R nil
Value of transaction -
Nature and extent of director’s interest Direct beneficial
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes

 

Name of company secretary Patricia Beatrice Beale
Date of deemed acceptance of the award 6 December 2017
Nature of transaction Deemed acceptance of an award of shares in accordance with the SIP
Class of securities Award in terms of the SIP
Total number of shares covered by the award 41 300 (10 400 retention shares with no performance conditions) (30 900 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 2 November 2020
Strike price R nil
Value of transaction -
Nature and extent of interest Direct beneficial
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes

Johannesburg
7 December 2017

Sponsor and Debt Sponsor  
One Capital