Northam composite transaction

This page contains links to all the information with regard to Northam’s new composite transaction, including the buy-back of the remaining preference shares held by Zambezi. After the buy-back, the Zambezi structure will be dismantled, with a new, 15-year BEE structure in its place.

Transaction developments

21 June 2021 SENS release Update regarding the Composite Transaction
21 June 2021 ZAMBEZI - SENS Posting of the Zambezi scheme circular
11 June 2021 SENS release Further shareholder and Zambezi preference shareholder support for the early maturity of the Zambezi BEE transaction and implementation of the extended BEE transaction and disclosure of the forecast exchange rate assumptions applied in the relevant independent expert reports
11 June 2021 SENS release Transactions in securities
11 June 2021 ZAMBEZI - SENS Further support for the transaction
11 June 2021 ZAMBEZI - SENS Transactions in securities
31 May 2021 SENS release Composite transaction – posting of circular and NHM Holdings prospectus
31 May 2021 SENS release Composite transaction – posting of circular and NHM Holdings prospectus short form
31 May 2021 ZAMBEZI - SENS Update regarding the transaction and changes to the Zambezi board
23 Mar 2021 SENS release Early maturity of the Zambezi BEE transaction and implementation of an extended BEE transaction, incorporating a firm intention announcement in respect of the acquisition by Northam Platinum Holdings Limited of the entire issued ordinary share capital in Northam, excluding treasury shares and withdrawal of cautionary announcement
23 Mar 2021 Presentation Proposed transaction to accelerate maturity of the Zambezi BEE transaction and extend HDP ownership for the next 15 years
Presentation webcast
23 Mar 2021 Media release Northam proposes transaction to accelerate maturity of Zambezi transaction

Transaction timeline

	2021
Publication of Northam Circular and the Northam Holdings Prospectus	Monday, 31 May
Last day to trade (LDT) in NHM shares to secure recording in the Northam register and attendance and participation at the general meeting	Monday, 14 June
Record Date : the date on which a NHM shareholder must be recorded in the NHM Register to be eligible to attend, participate in and vote at the General Meeting, on	Friday, 18 June
Forms of Proxy (blue) to be received by 10:00, on	Monday, 28 June

Notes

*The dates and times set out in this timeline are indicative and are only a selection of the key dates to the Transaction; the timeline must be read in conjunction with the Northam circular and Northam Holdings Prospectus.

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