Dealings in securities

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“JSE Listings Requirements”), the dealings in securities by a director of the company and a director of a major subsidiary are as follows.

Dealings in securities

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“JSE Listings Requirements”), the dealings in securities by a director of the company are as follows:

Dealings in securities

Northam shareholders are advised that the company has made awards in accordance with the terms of the Northam Share Incentive Plan. These include the award of conditional shares relating to Northam’s BEE transaction (“BEE SIP Awards”), which awards were specifically approved by shareholders at the annual general meeting held on 9 November 2016.

John Smithies appointed to the board

[Media Release] Northam Platinum is pleased to announce the appointment of Mr JG (John) Smithies to the company’s board with effect from 1 January 2017.

Appointment of independent non-executive director

[SENS] In compliance with paragraph 3.59(a) of the JSE Limited Listings Requirements, Northam shareholders are advised that Mr J G (John) Smithies has been appointed as an independent non-executive director to the board of Northam, with effect from 1 January 2017.

Results of annual general meeting and retirement of director

Northam shareholders are advised that at the annual general meeting of shareholders held on Wednesday, 9 November 2016, the ordinary and special resolutions, as set out in the notice of AGM dated Friday, 23 September 2016, were approved by the requisite majority of shareholders present or represented by proxy at the AGM.

Northam acquires Zambezi preference shares

Northam hereby advises shareholders of the acquisition of 4 043 018 preference shares (preference shares) in Zambezi Platinum (RF) Limited (Zambezi) from Coronation Asset Management Proprietary Limited acting as investment manager on behalf of its clients (Coronation), (acquisition).

Northam’s short and long term credit ratings re-affirmed and outlook raised

Northam wishes to advise shareholders that the credit rating agency, Global Credit Rating Co. (“GCR”), has reaffirmed Northam’s short term credit rating at A1-(ZA) and the company’s long term rating of BBB+(ZA) with the Outlook raised from Stable to Positive.

Northam acquires contiguous additional resources at Zondereinde Mine from Anglo American Platinum Limited

Northam is pleased to announce that it has entered into agreements with Rustenburg Platinum Mines Limited (“RPM”), a wholly owned subsidiary of Anglo American Platinum Limited, on 10 October 2016.

Northam acquires mining right from Anglo American Platinum

In a three-part transaction valued at R1 billion, Northam Platinum today announced the acquisition of a strategic resource holding from Anglo American Platinum Limited (Anglo Platinum).

Notice of annual general meeting

The annual general meeting of Northam shareholders will be held at Glenhove Conferencing, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa on Wednesday, 9 November 2016 at 10:00 to transact the business as stated in the notice of annual general meeting, forming part of the abridged annual report 2016.

A year of consolidation for Northam

Northam Platinum has released its preliminary annual results for the year ended 30 June 2016. The statement which follows captures the key features for the year, and contains a message from chief executive Paul Dunne.

Solid operational performance at group mines

Northam Platinum has released its preliminary annual results for the year ended 30 June 2016. The statement which follows captures the key features for the year, and an overview of the group’s operational performance.

Trading statement

Shareholders are advised that the group’s loss per share for the year ended 30 June 2016 is estimated to range between a loss of 158.60 cents per share and 132.20 cents per share and the headline loss per share is estimated to range between 152.20 cents per share and 131.90 cents per share.

Northam secures new R1.5 billion revolving credit facility

Northam is pleased to advise shareholders that it has secured a new R1.5 billion five-year revolving credit facility to replace its existing R1.0 billion revolving credit facility which matures in November 2016.

Operations resume at Zondereinde

The management of Northam Platinum advises that underground operations at the Zondereinde mine were resumed last night, Tuesday 14 June.

Northam management welcomes Minister Zwane’s visit

The management of Northam Platinum has welcomed Minister Zwane’s visit to the company’s Zondereinde mine in Limpopo province today, Tuesday 14 June 2016.

Northam issues R250 million of domestic medium term notes

Shareholders are referred to the Northam SENS announcement dated 5 February 2016, wherein shareholders were advised that the company had entered into a subscription agreement with the Industrial Development Corporation of South Africa in terms of which the IDC agreed to subscribe for R250 million three year senior unsecured floating rate notes. 

Zondereinde mine – situation update 4

The management of Northam Platinum has thanked the minister of mineral resources, Minister Zwane for his visit to the Zondereinde mine today.

Listing of a new financial instrument – NHM003

The JSE Limited has granted approval for the listing of NHM003 Senior Unsecured Floating Rate Notes, under the Northam Platinum Limited ZAR 2 000 000 000 Domestic Medium Term Note Programme dated 3 August 2012, with effect from 10 June 2016.

Zondereinde mine – situation update 3

The management of Northam Platinum advises that talks continue with all parties to resolve the situation at the Zondereinde mine and return employees to work.

Zondereinde mine – situation update 2

The management of Northam Platinum’s Zondereinde mine has urged employees to return to work now that calm has returned to the mine.

Zondereinde mine – situation update 1

Further to the statement issued this morning, Monday 6 June, Northam management advises that the violent outbreaks at and near the company’s Zondereinde mine have reduced significantly. This follows on the death of an employee at the Northam town yesterday, and the killing of another employee in clashes this morning.

Operations suspended at Zondereinde mine

The management of Northam Platinum Limited advises that an employee of the company’s Zondereinde mine in Limpopo was killed in an act of violence in the town of Northam (approximately 20km from the mine) on Sunday afternoon 5 June 2016.

Northam issues R175 million of domestic medium term notes

Northam is pleased to announce that the company has successfully raised term debt through an issue of R175 million five year senior unsecured fixed rate domestic medium term notes.

Northam sells its stake in Trans Hex

Northam is pleased to advise that it has disposed of its 20.3% stake in Trans Hex Group Limited (Trans Hex), a listed diamond producer.

Dealings in securities

Northam shareholders are advised that the company has made awards in accordance with the terms of the Northam Share Incentive Plan (“SIP”).

Dealings in securities

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

Zambezi Platinum: Release of reviewed interim results

Zambezi Platinum advises its preference shareholders that the reviewed interim results for the 6 months ended 31 December 2015

Northam well placed to face the future

Northam Platinum Limited (Northam) today posted results for the six months ended 31 December 2015. In a foreword to the results, chief executive Paul Dunne provides a review of the period, and Northam’s progress against its strategic objectives.

Moving down the cost curve

Northam Platinum Limited (Northam) released its results for the half-year ended 31 December 2015 today, Friday 26 February 2016.

Trading statement

Shareholders are advised that the group’s consolidated loss per share and headline loss per share for the six months ended 31 December 2015 are estimated to range between 63.2 cents a share and 81.0 cents per share.

New R250 million domestic medium term note subscription

Northam is pleased to announce that it has entered into a subscription agreement with the Industrial Development Corporation of South Africa Limited in terms of which the IDC has agreed to subscribe for new domestic medium term notes to be issued by Northam, in an amount of R250 million.