Dealings in securities

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“JSE listings requirements”), Northam hereby advises its shareholders of the following dealings by directors of the company, directors of major subsidiaries and the company secretary:

Name of director Paul Anthony Dunne
Date of award acceptance 18 November 2015
Nature of transaction Acceptance of awards of ordinary shares in terms of the Northam Share Incentive Plan
Class of securities Award over ordinary shares
Total number of ordinary shares covered by the awards 193 200
(48 700 retention shares with no performance conditions)
(144 500 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on achievement of the performance conditions, between nil to 135% of the performance shares on 10 November 2018
Strike price R nil
Value of transaction -
Nature and extent of director’s interest Direct beneficial
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements Yes

 

Name of director Ayanda Zemini Khumalo
Date of award acceptance 18 November 2015
Nature of transaction Acceptance of awards of ordinary shares in terms of the Northam Share Incentive Plan
Class of securities Award over ordinary shares
Total number of ordinary shares covered by the awards 193 200
(48 700 retention shares with no performance conditions)
(144 500 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on achievement of the performance conditions, between nil to 135% of the performance shares on 10 November 2018
Strike price R nil
Value of transaction -
Nature and extent of director’s interest Direct beneficial
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements Yes

 

Name of director Ayanda Zemini Khumalo
Nature of transaction Purchase of Northam shares
Transaction 1
Date of transaction 18 November 2015
Price per ordinary share R23.47
Total number of ordinary shares 1 400
Value of transaction R32 858.00
Transaction 2
Date of transaction 19 November 2015
Price per ordinary share Highest price: R24.19
Lowest price: R24.17
VWAP: R24.18
Total number of ordinary shares 6 100
Value of transaction R147 523.73
Nature and extent of director’s interest Direct beneficial
Transaction completed on market Yes

Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements

Yes

 

Name of director Patricia Beatrice Beale
Date of award acceptance 18 November 2015
Nature of transaction Acceptance of awards of ordinary shares in terms of the Northam Share Incentive Plan
Class of securities Award over ordinary shares
Total number of ordinary shares covered by the awards 33 600
(8 500 retention shares with no performance conditions)
(25 100 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on achievement of the performance conditions, between nil to 135% of the performance shares on 10 November 2018
Strike price R nil
Value of transaction -
Nature and extent of director’s interest Direct beneficial
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements Yes

 

Name of director Patricia Beatrice Beale
Date of transaction 18 November 2015
Nature of transaction Purchase of Northam shares
Class of securities Ordinary shares
Total number of ordinary shares 1 700
Price per ordinary share R24.18
Value of transaction R41 106.00
Nature and extent of director’s interest Direct beneficial
Transaction completed on market Yes

Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements

Yes

 

Name of director of major subsidiary Leon Charl van Schalkwyk
Name of director of major subsidiary Leon Charl van Schalkwyk
Date of award acceptance 18 November 2015
Nature of transaction Acceptance of awards of ordinary shares in terms of the Northam Share Incentive Plan
Class of securities Award over ordinary shares
Total number of ordinary shares covered by the awards 89 800
(22 700 retention shares with no performance conditions)
(67 100 performance shares with performance conditions)
Vesting date 100% of the retention shares and depending on achievement of the performance conditions, between nil to 135% of the performance shares on 10 November 2018
Strike price R nil
Value of transaction -
Nature and extent of director’s interest Direct beneficial
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements Yes

 

Johannesburg
19 November 2015

Sponsor and Debt Sponsor
One Capital