Dealings in securities

1. Purchase of Zambezi Platinum (RF) Limited (“Zambezi Platinum”) preference shares (“preference shares”)

In terms of the Northam broad-based black economic empowerment transaction implemented on 18 May 2015, Zambezi Platinum holds ordinary shares in Northam. Pursuant to the preference share terms, Zambezi Platinum is entitled to elect to settle the preference share redemption amount in cash, Northam ordinary shares or a combination thereof.

Accordingly, in compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings Requirements”), Northam advises its shareholders of the following dealings by a director of the company and Zambezi Platinum and an associate of a director of a major subsidiary of the company and Zambezi Platinum:

Date of transactions18 December 2018
Class of sharesPreference shares
Transactions completed on marketYes
Clearance obtained in terms of paragraph 3.66 of the Listings RequirementsYes
Transaction 1
Name of director Ms A H Coetzee
Nature of transactionDirect purchase of preference shares
Price per preference shareVarious different trades with the following price information:
- volume weighted average price of R63.3096;
- highest price of R63.99; and
- lowest price of R62.99
Total number of preference shares15 800
Value of transaction R1 000 292.00
Nature and extent of director’s interestDirect beneficial interest in Zambezi Platinum resulting in an indirect exposure to Northam ordinary shares
Transaction 2
Name of director of major subsidiaryMr L C van Schalkwyk
Name of associateMrs C van Schalkwyk
Relationship with directorWife of Mr van Schalkwyk
Name of major subsidiaryBooysendal Platinum Proprietary Limited
Nature of transactionIndirect purchase of preference shares
Price per preference shareVarious different trades with the following price information:
- volume weighted average price of R62.993;
- highest price of R63.00; and
- lowest price of R62.99
Total number of preference shares21 435
Value of transaction R1 350 390.60
Nature and extent of director’s interestIndirect beneficial interest in Zambezi Platinum resulting in an indirect exposure to Northam ordinary shares

2. Purchase of Northam ordinary shares

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

Name of director of major subsidiaryMr L C van Schalkwyk
Name of associateMrs C van Schalkwyk
Relationship with directorWife of Mr van Schalkwyk
Name of major subsidiaryBooysendal Platinum Proprietary Limited
Nature and extent of director’s interestIndirect beneficial purchase of shares
Class of sharesOrdinary shares
Date of transaction 20 December 2018
Transactions completed on marketYes
Clearance obtained in terms of paragraph 3.66 of the Listing RequirementsYes
Price per ordinary shareVarious different trades with the following price information:
- volume weighted average price of R41.0203;
- highest price of R41.05.; and
- lowest price of R40.97
Total number of ordinary shares8 503
Value of transactionR348 795.27

Johannesburg
21 December 2018

Sponsor and Debt Sponsor
One Capital