Listing of new financial instrument – NHM012

The JSE Limited (“JSE”) has granted approval for the listing of NHM012 Senior Unsecured Floating Rate Notes, under the Northam Platinum Limited ZAR2 000 000 000 Domestic Medium Term Note Programme dated 3 August 2012 (“Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 13 June 2019.

The details pertaining to NHM012 are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR1 825 000 000.00 including this issue
Instrument Code: NHM012
Nominal Amount: ZAR100 000 000.00
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 375 bps, being 10.808% on the first Interest Rate Determination Date (3 Month ZAR-JIBAR as at 11 June 2019 of 7.058% plus 375 bps)
Interest Rate Determination Date(s): 13 June, 13 September, 13 December and 13 March of each year (or the first Business Day of each Interest Period) until the Maturity Date, with the first Interest Rate Determination Date being 11 June 2019
Coupon Rate Indicator: Floating
Issue Date: 13 June 2019
Interest Commencement Date: 13 June 2019
Maturity Date: 13 June 2022
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 2 June, 2 September, 2 December and 2 March of each year until the Maturity Date
Books Close Period: 3 June, 3 September, 3 December and 3 March of each year until the Maturity Date
Interest Payment Date(s): 13 June, 13 September, 13 December and 13 March of each year until the Maturity Date
ISIN No: ZAG000160136
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: https://www.northam.co.za/downloads/send/96-files/1179-applicable-pricing-supplement-nhm012

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

Johannesburg
12 June 2019

Arranger, Dealer and Debt Sponsor
One Capital

Attorneys to Northam in respect of the Notes
Bowman Gilfillan Inc