Listing of new financial instruments – NHM008 and NHM009

The JSE Limited has granted approval for the listing of NHM008 and NHM009 Senior Unsecured Floating Rate Notes, under the Northam Platinum Limited ZAR2 000 000 000 Domestic Medium Term Note Programme dated 3 August 2012, as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 26 April 2019.

The details pertaining to NHM008 are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR1 975 000 000.00 including this issue
Instrument Code: NHM008
Nominal Amount: ZAR200 000 000.00
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 240 bps, being 9.558% on the first Interest Rate Determination Date (3 Month ZAR-JIBAR as at 24 April 2019 of 7.158% plus 240 bps)
Coupon Rate Indicator: Floating
Issue Date: 26 April 2019
Interest Commencement Date: 26 April 2019
Interest Rate Determination Date(s): 24 April 2019, 26 July 2019, 26 October 2019 and 26 January 2020
Maturity Date: 26 April 2020
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 15 July 2019, 15 October 2019, 15 January 2020 and 15 April 2020
Books Close Period: 16 July 2019, 16 October 2019, 16 January 2020 and 16 April 2020
Interest Payment Date(s): 26 July 2019, 26 October 2019, 26 January 2020 and 26 April 2020
ISIN No: ZAG000158858
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: 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/downloads/send/96-files/1173-applicable-pricing-supplement-nhm008-r200m

The details pertaining to NHM009 are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR1 975 000 000.00 including this issue
Instrument Code: NHM009
Nominal Amount: ZAR250 000 000.00
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 375 bps, being 10.908% on the first Interest Rate Determination Date (3 Month ZAR-JIBAR as at 24 April 2019 of 7.158% plus 375 bps)
Coupon Rate Indicator: Floating
Issue Date: 26 April 2019
Interest Commencement Date: 26 April 2019
Interest Rate Determination Date(s): 26 April, 26 July, 26 October and 26 January of each year until the Maturity Date, with the first Interest Rate Determination Date being 24 April 2019
Maturity Date: 26 April 2022
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 15 April, 15 July, 15 October and 15 January of each year until the Maturity Date
Books Close Period: 16 April, 16 July, 16 October and 16 January of each year until the Maturity Date
Interest Payment Date(s): 26 April, 26 July, 26 October and 26 January of each year until the Maturity Date, with the first Interest Payment Date being 26 July 2019
ISIN No: ZAG000158866
Business Day Convention: Following Business Day
Other: The APS contains additional terms and conditions to the 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/downloads/send/96-files/1174-applicable-pricing-supplement-nhm009-r250m

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

Johannesburg
25 April 2019

Arranger, Dealer and Debt Sponsor
One Capital

Attorneys to Northam in respect of the Notes
Bowman Gilfillan Inc