Dealings in securities by director

In compliance with paragraphs 3.63 to 3.66 of the Johannesburg Stock Exchange (JSE) Listings Requirements, Northam advises its shareholders of the following dealing by a director of the company:

Name of director: G T Lewis
Date: 18 October 2013
Nature of transaction: Exercise of options, paid out as Appreciation Cash, in terms of the Northam Share Option Scheme.  Mr Lewis is required to exercise these options, on or before 22 October 2013, failing which they will lapse.
Class of Securities: Appreciation Cash in respect of ordinary shares.
Number of options 187 500
Price at which options were granted R38.45
Price at which options were exercised R42.31
Value of transaction R723 750.00
Nature and extent of director’s interest Direct beneficial
Transaction completed on market: No
Clearance obtained Yes


One Capital