Listing of new financial instruments – NHM006 and NHM007

The JSE Limited (“JSE”) has granted approval for the listing of NHM006 and NHM007 Senior Unsecured Floating Rate Notes, under the Northam Platinum Limited ZAR2 000 000 000 Domestic Medium Term Note Programme dated 3 August 2012 (“the Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 16 April 2019.

The details pertaining to NHM006 are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR1 975 000 000.00 including this issue
Instrument Code NHM006
Nominal Amount: ZAR250 000 000.00
Issue Price: 100%
Interest Rate: 10.408% (3 Month ZAR-JIBAR as at 12 April 2019 of 7.158% plus 325 bps)
Coupon Rate Indicator: Floating
Issue Date: 16 April 2019
Interest Commencement Date: 16 April 2019
Maturity Date: 16 April 2021
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17:00 on 5 April, 5 July, 5 October and 5 January of each year until the Maturity Date
Books Close: 6 April, 6 July, 6 October and 6 January of each year until the Maturity Date
Interest Payment Date: 16 April, 16 July, 16 October and 16 January of each year until the Maturity Date
ISIN No: ZAG000158577
Business Day Convention: Following Business Day
Other: The applicable pricing supplement (“APS”) contains additional terms and conditions to the terms and conditions as contained in the Programme Memorandum, dated 3 August 2012, (“Terms and Conditions”)
Summary of additional terms and conditions: The additional terms and conditions pertain to the applicable guarantee and the amendment of Condition 16.1 (Senior Notes) by including additional Events of Default in terms of Condition 16.1.1.9 (Other) of the Terms and Conditions. Investors should refer to Appendix “A” of the APS for full details of the additional terms and conditions, available on Northam’s website: http://www.northam.co.za/investors-and-media/jse-equity-and-debt-listings

 

The details pertaining to NHM007 are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR1 975 000 000.00 including this issue
Instrument Code NHM007
Nominal Amount: ZAR300 000 000.00
Issue Price: 100%
Interest Rate: 10.908% (3 Month ZAR-JIBAR as at 12 April 2019 of 7.158% plus 375 bps)
Coupon Rate Indicator: Floating
Issue Date: 16 April 2019
Interest Commencement Date: 16 April 2019
Maturity Date: 16 April 2022
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17:00 on 5 April, 5 July, 5 October and 5 January of each year until the Maturity Date
Books Close: 6 April, 6 July, 6 October and 6 January of each year until the Maturity Date
Interest Payment Date: 16 April, 16 July, 16 October and 16 January of each year until the Maturity Date
ISIN No: ZAG000158593
Business Day Convention: Following Business Day
Other: The APS contains additional terms and conditions to the terms and conditions as contained in the Terms and Conditions
Summary of additional terms and conditions: The additional terms and conditions pertain to the guarantee and the amendment of Condition 16.1 (Senior Notes) by including additional Events of Default in terms of Condition 16.1.1.9 (Other) of the Terms and Conditions. Investors should refer to Appendix “A” of the APS for full details of the additional terms and conditions, available on Northam’s website:  http://www.northam.co.za/investors-and-media/jse-equity-and-debt-listings

The Notes will be immobilised in the Central Securities Depository (CSD) and settlement will take place electronically in terms of JSE Rules.

Johannesburg
15 April 2019

Arranger, Dealer and Debt Sponsor
One Capital

Attorneys to Northam in respect of the Notes
Bowman Gilfillan Inc.