Announcements 2021

Transactions in securities

Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the same meanings ascribed thereto in the combined circular to Northam shareholders, accompanied by the prospectus in respect of Northam Platinum Holdings Limited, dated Monday, 31 May 2021.


Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the same meanings ascribed thereto in the combined circular to Northam shareholders, accompanied by the prospectus in respect of Northam Platinum Holdings Limited, dated Monday, 31 May 2021.

  • INTRODUCTION

Shareholders are referred to the announcement published by the Company on SENS today,

11 June 2021, regarding additional support for the Composite Transaction obtained from, inter alia, Zambezi Preference Shareholders (“Additional Support Announcement”)

  • TRANSACTIONS IN SECURITIES

The additional support obtained from Zambezi Preference Shareholders today, 11 June 2021 (as detailed in the Additional Support Announcement), has been obtained from, inter alia, a director of Northam and certain associates of a director of a major subsidiary of Northam (as set out below), in their capacity as Zambezi Preference Shareholders.

Implementation of the Zambezi Scheme will amount to a disposal of Zambezi Preference Shares by Zambezi Preference Shareholders who are participants in the Zambezi Scheme, for a cash consideration per Zambezi Preference Share amounting to the Zambezi Offer Consideration.

Accordingly, the provision of the additional support amounts to a transaction in securities. Shareholders are therefore advised of the following transactions in securities, of which clearance was obtained in terms of paragraph 3.66 of the JSE Listings Requirements and paragraph 6.45 of the JSE Debt Listings Requirements:

Name of director Ms A H Coetzee
Name of company of which she is a director Northam Platinum Limited
Total number of ZPLPs 15 800 ZPLPs
Value of transaction R1 586 162.00 (based on a Zambezi Offer Consideration as at 11 June 2021, of R100.39)
Nature and extent of interest Direct beneficial interest in Zambezi Preference Shares resulting in an indirect exposure to Northam Shares
Transaction completed on-market or off-market N/A
Name of director Mr L C van Schalkwyk
Name of company of which he is a director Booysendal Platinum Proprietary Limited, a major subsidiary of the Company
Nature and extent of interest Indirect beneficial interest in Zambezi Preference Shares resulting in an indirect exposure to Northam Shares
Details of transactions in securities by associates of Mr L C van Schalkwyk:
Name of associate Bepro Messina Proprietary Limited
Relationship with director Mr van Schalkwyk is a shareholder and director of Bepro Messina Proprietary Limited
Total number of ZPLPs 122 910 Zambezi Preference Shares
Value of transaction R12 338 934.90 (based on a Zambezi Offer Consideration as at 11 June 2021, of R100.39)
Name of associate Mrs C van Schalkwyk
Relationship with director Wife of Mr van Schalkwyk
Total number of ZPLPs 75 512 Zambezi Preference Shares
Value of transaction R7 580 649.68 (based on a Zambezi Offer Consideration as at 11 June 2021, of R100.39)
Name of associate Ms C van Schalkwyk
Relationship with director Daughter of Mr van Schalkwyk
Total number of ZPLPs 19 161 Zambezi Preference Shares
Value of transaction R1 923 572.79 (based on a Zambezi Offer Consideration as at 11 June 2021, of R100.39)
Name of associate Mr L van Schalkwyk
Relationship with director Son of Mr van Schalkwyk
Total number of ZPLPs 18 694 Zambezi Preference Shares
Value of transaction R1 876 690.66 (based on a Zambezi Offer Consideration as at 11 June 2021, of R100.39)
Transactions completed on-market or off-market N/A

It should be noted that the Zambezi Preference Shares subject to the transactions detailed above have not yet been disposed of and it is only expected that such Zambezi Preference Shares will be disposed of by the Zambezi Preference Shareholders should the Zambezi Scheme be implemented, which remains subject to the fulfilment or waiver of various conditions precedent (as detailed in the Circular).

Johannesburg
11 June 2021

Corporate advisor to Northam
One Capital Advisory Proprietary Limited
Transaction Sponsor and Sponsor to Northam and Debt Sponsor to Northam
One Capital Sponsor Services Proprietary Limited
Attorneys to Northam
Webber Wentzel

Interest payments notification - NHM012 AND NHM015

Northam bondholders are advised of the following interest payments due on Monday, 14 June 2021:


Northam bondholders are advised of the following interest payments due on Monday, 14 June 2021:

Bond Code: NHM012
ISIN: ZAG000160136
Coupon: 7.417% per annum
Interest Period: 15 March 2021 to 13 June 2021
Interest Amount Due: R44 950 915.45
Payment Date: 14 June 2021
Date Convention: Following Business Day

Bond Code: NHM015
ISIN: ZAG000164922
Coupon: 6.967% per annum
Interest Period: 15 March 2021 to 13 June 2021
Interest Amount Due: R8 684 890.41
Payment Date: 14 June 2021
Date Convention: Following Business Day

Johannesburg
9 June 2021

Debt Sponsor
One Capital

Composite transaction – posting of circular and NHM Holdings prospectus

  • INTRODUCTION
    • Shareholders are referred to the Announcement regarding the Composite Transaction, comprising, inter alia:
      • the proposed acceleration of maturity and wind-up of the Zambezi BEE Transaction, including, inter alia:
        • the acquisition by Northam of all ZPLPs in issue not already held by Northam, to be implemented by way of the Zambezi Scheme and the subsequent delisting of the ZPLPs from the main board of the JSE; and
        • the acquisition by Northam of certain Northam Shares held by Zambezi and the Northam Employees’ Trust pursuant to the Northam Share Acquisitions Scheme,


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION OR REQUIRE NORTHAM OR NORTHAM HOLDINGS TO TAKE ANY FURTHER ACTION.

Unless otherwise stated or the context so requires, capitalised words and terms contained in this announcement shall bear the same meanings ascribed thereto in the combined announcement published by Northam and Northam Holdings on SENS on Tuesday, 23 March 2021 (“Announcement”).

  • INTRODUCTION
    • Shareholders are referred to the Announcement regarding the Composite Transaction, comprising, inter alia:
      • the proposed acceleration of maturity and wind-up of the Zambezi BEE Transaction, including, inter alia:
        • the acquisition by Northam of all ZPLPs in issue not already held by Northam, to be implemented by way of the Zambezi Scheme and the subsequent delisting of the ZPLPs from the main board of the JSE; and
        • the acquisition by Northam of certain Northam Shares held by Zambezi and the Northam Employees’ Trust pursuant to the Northam Share Acquisitions Scheme,

(collectively, the “Transaction”); and

      • the proposed extended 15-year BEE transaction, including, inter alia:
        • Northam Holdings’ proposed acquisition of all of the Northam Shares in issue (excluding treasury shares), in exchange for the Northam Scheme Consideration, to be implemented by way of the Northam Scheme, and the resultant delisting of all Northam Shares on the main board of the JSE and listing of all Northam Holdings Shares on the main board of the JSE; and
        • a transaction to restore ownership by HDPs in Northam to up to 26.5% (net of treasury shares), with an emphasis on participation by Northam group employees and host and affected communities,

(collectively, the “Extended BEE Transaction”).

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Disclaimer
This announcement does not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of the securities described herein, in any jurisdiction, in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction or without an exemption from the registration or qualification requirements under the securities laws of such jurisdiction.

The distribution of this announcement in certain jurisdictions may be restricted by applicable law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions. Foreign Shareholders who are in any doubt as to their position should consult their professional advisers.

Notice to European Economic Area investors in Northam
In relation to each Member State of the European Economic Area (each a “Relevant State”), the Circular and the Prospectus and any other material in relation to the securities described herein or therein is only directed at, and any investment or investment activity to which the Circular and the Prospectus relate is available only as follows: (A) to any legal entity which is a qualified investor as defined under Article 2 of the Regulation (EU) 2017/1129 (the “Prospectus Regulation”) (an “EEA Qualified Investor”); (B) to fewer than 150 natural or legal persons (other than EEA Qualified Investors) in that Relevant State; or (C) in any other circumstances falling within Article 1(4) of the Prospectus Regulation.

Notice to United Kingdom investors in Northam
In relation to the United Kingdom, the Circular and the Prospectus and any other material in relation to the securities described herein or therein is only directed at, and any investment or investment activity to which the Circular and the Prospectus relate is available only as follows: (A) to any legal entity which is a qualified investor as defined under Article 2 of the Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, (a “UK Qualified Investor”); (B) to fewer than 150 natural or legal persons (other than UK Qualified Investors); or (C) in any other circumstances falling within Section 86 of the Financial Services and Markets Act 2000.

Notice to Swiss investors in Northam
The offer of Northam Holdings Shares in Switzerland is exempt from the requirement to prepare and publish a prospectus under the Swiss Financial Services Act of 15 June 2018, as amended (the FinSA), because (i) less than 500 persons are holding Northam Shares in Switzerland and, consequently, the Northam Scheme is addressed to less than 500 retail clients (and thus exempted from the requirement to prepare a prospectus pursuant to article 36(1)(b) of the FinSA); and (ii) the Northam Holdings Shares will not be admitted to trading on any trading venue (exchange or multilateral trading facility) in Switzerland. Neither this announcement nor any other offering or marketing material relating to the Northam Holdings Shares constitutes a prospectus pursuant to the FinSA, nor has it been approved by a Swiss review body within the meaning of article 52 of the FinSA, and no such prospectus will be prepared in connection with the Northam Scheme.

Notice to US investors in Northam
The Northam Offer relates to the shares of a South African company and is being made by means of a scheme of arrangement provided for under South African company law. A transaction effected by means of a scheme of arrangement is not subject to the tender offer or proxy solicitation rules under the US Securities Exchange Act of 1934. Accordingly, the Northam Offer is subject to the disclosure requirements and practices applicable in South Africa to schemes of arrangement which differ from the disclosure requirements of the US tender offer and proxy solicitation rules. The financial information included in this announcement has been prepared in accordance with accounting standards applicable in South Africa and thus may not be comparable to financial information of US companies or companies whose financial statements are prepared in accordance with generally accepted accounting principles in the US.

It may be difficult for US holders of Offer Shares to enforce their rights and any claim arising out of the US federal laws, since Northam and Northam Holdings are located in a non-US jurisdiction, and some or all of their officers and directors may be residents of a non-US jurisdiction. US holders of Offer Shares may not be able to sue a non-US company or its officers or directors in a non-US court for violations of the US securities laws. Further, it may be difficult to compel a non-US company and its affiliates to subject themselves to a US court’s judgement. The Offer Shares will not be and have not been registered under the US Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Neither the US Securities and Exchange Commission nor any US state securities commission has approved or disapproved of the acquisition, or determined if this announcement is accurate or complete. Any representation to the contrary is a criminal offence in the US.

US Shareholders also should be aware that the transaction contemplated herein may have tax consequences in the US and, that such consequences, if any, are not described herein. US Shareholders are urged to consult with legal, tax and financial advisers in connection with making a decision regarding this transaction.

Notice to United Arab Emirates investors in Northam
If you are in any doubt about the contents of this announcement, you should consult an authorised financial adviser. By receiving this announcement, the person or entity to whom it has been issued understands, acknowledges and agrees that this announcement has not been approved by or filed with the UAE Central Bank, the UAE Securities and Commodities Authority (the “SCA”) or any other authorities in the UAE, nor has Northam or Northam Holdings received authorisation or licensing from the UAE Central Bank, SCA or any other authorities in the UAE to market or sell securities or other investments within the UAE. No marketing of any financial products or services has been or will be made from within the UAE other than in compliance with the laws of the UAE and no subscription to any securities or other investments may or will be consummated within the UAE. It should not be assumed that Northam or Northam Holdings is a licensed broker, dealer or investment adviser under the laws applicable in the UAE, or that any of them advise individuals resident in the UAE as to the appropriateness of investing in or purchasing or selling securities or other financial products. The Offer Shares are not intended for circulation or distribution in or into the UAE, other than to persons who are “Qualified Investors” within the meaning of the SCA’s Board of Directors Decision No. 37/R.M of 2019 Concerning the Definition of Qualified Investor to whom the materials may lawfully be communicated. This does not constitute a public offer of securities in the UAE in accordance with the SCA Chairman of the Board Resolution No. 11/R.M of 2016 on the Regulations for Issuing and Offering Shares of Public Joint Stock, or otherwise. Nothing contained in this announcement is intended to constitute investment, legal, tax, accounting or other professional advice. This announcement is for information purposes only and nothing herein is intended to endorse or recommend a particular course of action. Any person considering acquiring securities should consult with an appropriate professional for specific advice rendered based on their respective situation.

Notice to Japanese investors in Northam
The Offer Shares have not been and will not be registered under the Financial Instruments and Exchange Act of Japan (Law No. 25 of 1948, as amended, the “FIEA”). The Offer Shares will not be offered or sold, directly or indirectly, in Japan or to, or for the account or benefit of, any resident of Japan (as defined under Item 5, Paragraph 1, Article 6 of the Foreign Exchange and Foreign Trade Act of Japan (Law No. 228 of 1949, as amended)) (including any corporation or other entity organised under the laws of Japan), or to others for re-offering or resale, directly or indirectly, in Japan or to, or for the account or benefit of, any resident of Japan, except pursuant to an exemption from the registration requirements of, and otherwise in compliance with, the FIEA and any other applicable laws, regulations and ministerial guidelines of Japan.

Forward-looking statements

The statements contained in this announcement that are not historical facts are “forward-looking” statements. These forward-looking statements are subject to a number of substantial risks and uncertainties, many of which are beyond the Company’s and Northam Holdings’ control and actual results and developments may differ materially from those expressed or implied by these statements for a variety of factors. These forward-looking statements are statements based on the Company’s and Northam Holdings’ current intentions, beliefs and expectations about among other things, the Company’s results of operations, financial condition, prospects, growth, strategies and the industry in which the Company operates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Many of these risks and uncertainties relate to factors that are beyond the Company’s and Northam Holdings’ ability to control or estimate precisely, such as changes in taxation, future market conditions, currency fluctuations, the actions of governmental regulators and other risk factors. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements. The forward-looking statements contained in this announcement speak only as of the date of this announcement and the Company and Northam Holdings undertake no duty to update any of them publicly in light of new information or future events, except to the extent required by applicable law or the JSE Listings Requirements.

No statement in this announcement is intended as a profit forecast or a profit estimate and no statement in this announcement should be interpreted to mean that earnings per Northam Share for the current or future financial years would necessarily match or exceed the historical published earnings per Northam Share. Prices and values of, and income from, shares may go down as well as up and an investor may not get back the amount invested. It should be noted that past performance is no guide to future performance. Persons needing advice should consult an independent financial adviser.

Composite transaction – posting of circular and NHM Holdings prospectus short form

Unless otherwise stated or the context so requires, capitalised words and terms contained in this announcement shall bear the same meanings ascribed thereto in the combined announcement published by Northam and Northam Holdings on SENS on Tuesday, 23 March 2021 (“Announcement”).


Unless otherwise stated or the context so requires, capitalised words and terms contained in this announcement shall bear the same meanings ascribed thereto in the combined announcement published by Northam and Northam Holdings on SENS on Tuesday, 23 March 2021 (“Announcement”).

The contents of this short form announcement are the responsibility of the directors of Northam and Northam Holdings. Shareholders are advised that this short form announcement is only a summary of the information contained in the full announcement, published on SENS and on Northam’s website: www.northam.co.za on Monday, 31 May 2021 (“Full Announcement”) and does not contain full or complete details.

Any investment decisions by investors and/or Shareholders should therefore be based on consideration of the Full Announcement and the Circular accompanied by the Prospectus, which are available as set out in paragraph 2 below.

A copy of the Full Announcement is available for inspection at the registered office of Northam at no charge during business hours from Monday, 31 May 2021. Northam Shareholders should contact Northam’s company secretary (by email: trish.beale@norplats.co.za) should they wish to inspect the Full Announcement.

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Interest payment notification - NHM018, NHM019 AND NHM020

Northam bondholders are advised of the following interest payments due on Tuesday, 25 May 2021:


Northam bondholders are advised of the following interest payments due on Tuesday, 25 May 2021:

Bond Code: NHM018
ISIN: ZAG000168097
Coupon: 7.392%
Interest Period: 25 February 2021 to 24 May 2021
Interest Amount Due: R24 770 835.02
Payment Date: 25 May 2021
Date Convention: Following Business Day

Bond Code: NHM019
ISIN: ZAG000168105
Coupon: 7.642%
Interest Period: 25 February 2021 to 24 May 2021
Interest Amount Due: R15 652 490.96
Payment Date: 25 May 2021
Date Convention: Following Business Day

Bond Code: NHM020
ISIN: ZAG000172594
Coupon: 7.392%
Interest Period: 25 February 2021 to 24 May 2021
Interest Amount Due: R2 379 211.40
Payment Date: 25 May 2021
Date Convention: Following Business Day

Johannesburg
20 May 2021

Debt Sponsor
One Capital

Interest payment notification - NHM011

Northam bondholders are advised of the following interest payment due on Monday, 24 May 2021:


Northam bondholders are advised of the following interest payment due on Monday, 24 May 2021:

Bond Code: NHM011
ISIN No: ZAG000159237
Coupon: 7.392%
Interest Period: 24 February 2021 to 23 May 2021
Interest Amount Due: R11 139 035.18
Payment Date: 24 May 2021
Date Convention: Following Business Day

Johannesburg
19 May 2021

Debt Sponsor
One Capital

Interest payment notification - NHM014

Northam bondholders are advised of the following interest payment due on Thursday, 20 May 2021:


Northam bondholders are advised of the following interest payment due on Thursday, 20 May 2021:

Bond Code: NHM014
ISIN No: ZAG000163650
Coupon: 6.142%
Interest Period: 22 February 2021 to 19 May 2021
Interest Amount Due: R317 684.43
Payment Date: 20 May 2021
Date Convention: Following Business Day

Johannesburg
17 May 2021

Debt Sponsor
One Capital

Interest payment notification - NHM002

Northam bondholders are advised of the following interest payment due on Wednesday, 12 May 2021:


Northam bondholders are advised of the following interest payment due on Wednesday, 12 May 2021:

Bond Code: NHM002
ISIN No: ZAG000129024
Coupon: 13.5% per annum
Interest Period: 12 November 2020 to 11 May 2021
Interest Amount Due: R94 500.00
Payment Date: 12 May 2021
Date Convention: Modified Following Business Day

Johannesburg
7 May 2021

Debt Sponsor
One Capital

Listing of tap issuances – NHM007, NHM009, NHM011 and NHM018

The JSE Limited (“JSE”) has granted approval for the listing of tap issuances of Senior Unsecured Floating Rate Notes (“Notes”) under series NHM007, NHM009, NHM011 and NHM018, issued under the Northam Platinum Limited ZAR15 000 000 000 Domestic Medium Term Note Programme, dated 29 October 2020, as amended and supplemented from time to time (“Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 7 May 2021.


The JSE Limited (“JSE”) has granted approval for the listing of tap issuances of Senior Unsecured Floating Rate Notes (“Notes”) under series NHM007, NHM009, NHM011 and NHM018, issued under the Northam Platinum Limited ZAR15 000 000 000 Domestic Medium Term Note Programme, dated 29 October 2020, as amended and supplemented from time to time (“Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 7 May 2021.

The details pertaining to the tap issuance of the NHM007 series are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR7 755 422 841 (including this tap issue and the tap issuances under series NHM009, NHM011 and NHM018 Notes, all issuing on 7 May 2021)
Instrument Code: NHM007
Tranche Number: 2
Nominal Amount: ZAR150 000 000
Issue Price: 100.42719%
Interest Rate: 3 Month ZAR-JIBAR plus 375 bps per annum
Interest Rate Determination Date(s):      16 April, 16 July, 16 October and 16 January of each year until the Maturity Date
Coupon Rate Indicator: Floating Rate
Issue Date: 7 May 2021
Interest Commencement Date: 16 April 2021
Maturity Date: 16 April 2022
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 5 April, 5 July, 5 October and 5 January of each year until the Maturity Date, or if such day is not a Business Day, the Business Day preceding the Books Closed Period
Books Closed Period: 6 April to 15 April, 6 July to 15 July, 6 October to 15 October and 6 January to 15 January of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 16 April, 16 July, 16 October and 16 January of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention
International Securities Identification Number (ISIN): ZAG000158593
Applicable Business Day Convention: Following Business Day
Other: The applicable pricing supplement (“APS”) does not contain additional terms and conditions to the Terms and Conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96-files/1355-applicable-pricing-supplement-nhm007-tap

The details pertaining to the tap issuance of the NHM009 series are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR7 755 422 841 (including this tap issue and the tap issuances under series NHM007, NHM011 and NHM018 Notes, all issuing on 7 May 2021)
Instrument Code: NHM009
Tranche Number: 2
Nominal Amount: ZAR300 000 000
Issue Price: 100.22377%
Interest Rate: 3 Month ZAR-JIBAR plus 375 bps per annum
Interest Rate Determination Date(s):      26 April, 26 July, 26 October and 26 January of each year until the Maturity Date
Coupon Rate Indicator: Floating Rate
Issue Date: 7 May 2021
Interest Commencement Date: 26 April 2021
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, or if such day is not a Business Day, the Business Day preceding the Books Closed Period
Books Closed Period: 16 April to 25 April, 16 July to 25 July, 16 October to 25 October and 16 January to 25 January of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 26 April, 26 July, 26 October and 26 January of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention
International Securities Identification Number (ISIN): ZAG000158866
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions to the Terms and Conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96-files/1356-applicable-pricing-supplement-nhm009-tap

The details pertaining to the tap issuance of the NHM011 series are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR7 755 422 841 (including this tap issue and the tap issuances under series NHM007, NHM009 and NHM018 Notes, all issuing on 7 May 2021)
Instrument Code: NHM011
Tranche Number: 3
Nominal Amount: ZAR100 000 000
Issue Price: 101.45815%
Interest Rate: 3 Month ZAR-JIBAR plus 375 bps per annum
Interest Rate Determination Date(s):      24 May, 24 August, 24 November and 24 February (or the first Business Day of each Interest Period) of each year until the Maturity Date
Coupon Rate Indicator: Floating Rate
Issue Date: 7 May 2021
Interest Commencement Date: 24 February 2021
Maturity Date: 24 May 2022
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 13 May, 13 August, 13 November and
13 February of each year until the Maturity Date, or if such day is not a Business Day, the Business Day preceding the Books Closed Period
Books Closed Period: 14 May to 23 May, 14 August to 23 August, 14 November to 23 November and 14 February to 23 February of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 24 May, 24 August, 24 November and 24 February of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention
International Securities Identification Number (ISIN): ZAG000159237
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions to the Terms and Conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96-files/1357-applicable-pricing-supplement-nhm011-tap

The details pertaining to the tap issuance of the NHM018 series are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR7 755 422 841 (including this tap issue and the tap issuances under series NHM007, NHM009 and NHM011 Notes, all issuing on 7 May 2021)
Instrument Code: NHM018
Tranche Number: 4
Nominal Amount: ZAR100 000 000
Issue Price: 101.43790%
Interest Rate: 3 Month ZAR-JIBAR plus 375 bps per annum
Interest Rate Determination Date(s):      25 August, 25 November, 25 February and 25 May (or the first Business Day of each Interest Period) of each year until the Maturity Date
Coupon Rate Indicator: Floating Rate
Issue Date: 7 May 2021
Interest Commencement Date: 25 February 2021
Maturity Date: 25 May 2023
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 14 August, 14 November, 14 February, and 14 May of each year until the Maturity Date, or if such day is not a Business Day, the Business Day preceding the Books Closed Period
Books Closed Period: 15 August to 24 August, 15 November to 24 November, 15 February to 24 February and 15 May to 24 May of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 25 August, 25 November, 25 February and 25 May of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention
International Securities Identification Number (ISIN): ZAG000168097
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions to the Terms and Conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96-files/1358-applicable-pricing-supplement-nhm018-tap

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

Johannesburg
6 May 2021

Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Programme
One Capital

Attorneys to Northam, the Arranger and the Dealer in respect of the Programme
Bowman Gilfillan Inc.

Interest payment notification - NHM016

Northam bondholders are advised of the following interest payment due on Tuesday, 11 May 2021:


Northam bondholders are advised of the following interest payment due on Tuesday, 11 May 2021:

Bond Code: NHM016
ISIN No: ZAG000167750
Coupon: 7.892%
Interest Period: 11 February 2021 to 10 May 2021
Interest Amount Due: R22 052 420.83
Payment Date: 11 May 2021
Date Convention: Following Business Day

Johannesburg
6 May 2021

Debt Sponsor
One Capital