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Listing of new financial instruments – NHM024, NHM025 and NHM026
NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number 1977/003282/06
Debt issuer code: NHMI
Bond code: NHM024 Bond ISIN: ZAG000195926
Bond code: NHM025 Bond ISIN: ZAG000195934
Bond code: NHM026 Bond ISIN: ZAG000195942
(“Northam”)
LISTING OF NEW FINANCIAL INSTRUMENTS – NHM024, NHM025 AND NHM026
The JSE Limited (“JSE”) has granted approval for the listing of Senior Unsecured Floating Rate Notes (“Notes”)
under series NHM024, NHM025 and NHM026, respectively, issued under the Northam Platinum Limited
ZAR15 000 000 000 Domestic Medium Term Note Programme (“Programme”), dated 29 October 2020, as
amended and/or supplemented from time to time (“Programme Memorandum”), as guaranteed by Booysendal
Platinum Proprietary Limited, with effect from 25 May 2023.
Any capitalised terms not defined in this announcement shall have the meanings ascribed thereto in the section
of the Programme Memorandum headed “Terms and Conditions of the Notes”.
The details pertaining to the issue of the NHM024 Notes are as follows:
Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR14 999 336 845 (inclusive of this issue of Notes, the
NHM025 Notes and the NHM026 Notes, all settling on
25 May 2023)
Instrument Code: NHM024
Nominal Amount: ZAR100 000 000
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 200 bps per annum
Interest Rate Determination Date(s): 25 August 2023, 25 November 2023 and 25 February 2024
(or the first Business Day of each Interest Period) with the first
Interest Rate Determination Date being 22 May 2023
Coupon Rate Indicator: Floating Rate
Issue Date: 25 May 2023
Interest Commencement Date: 25 May 2023
Maturity Date: 25 May 2024
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 14 August 2023, 14 November 2023,
14 February 2024 and 14 May 2024 or if such day is not a
Business Day, the Business Day immediately preceding the
Books Closed Period
Books Closed Period: 15 August 2023 to 24 August 2023, 15 November 2023 to
24 November 2023, 15 February 2024 to 24 February 2024
and 15 May 2024 to 24 May 2024 (all dates inclusive), or if any
early redemption occurs, 10 Days prior to the actual Redemption
Date
Floating Interest Payment Date(s): 25 August 2023, 25 November 2023, 25 February 2024 and
25 May 2024 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, with the first
Floating Interest Payment Date being 25 August 2023
International Securities Identification ZAG000195926
Number (ISIN):
Applicable Business Day Convention: Following Business Day
Other: The applicable pricing supplement (“APS”) does not contain
additional terms and conditions or changes to the Terms and
Conditions. The APS is available on Northam’s website:
https://www.northam.co.za/downloads/send/169-2023/1507-aps-
nhm024
The details pertaining to the issue of the NHM025 Notes are as follows:
Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR14 999 336 845 (inclusive of this issue of Notes, the
NHM024 Notes and the NHM026 Notes, all settling on
25 May 2023)
Instrument Code: NHM025
Nominal Amount: ZAR900 000 000
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR plus 300 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 with the first Interest Rate Determination
Date being 22 May 2023
Coupon Rate Indicator: Floating Rate
Issue Date: 25 May 2023
Interest Commencement Date: 25 May 2023
Maturity Date: 25 May 2026
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 immediately 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, with the first Floating Interest Payment Date
being 25 August 2023
ISIN: ZAG000195934
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions or
changes to the Terms and Conditions. The APS is available
on Northam’s website:
https://www.northam.co.za/downloads/send/169-2023/1508-
aps-nhm025
The details pertaining to the issue of the NHM026 Notes are as follows:
Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR14 999 336 845 (inclusive of this issue of Notes, the
NHM024 Notes and the NHM025 Notes, all settling on
25 May 2023)
Instrument Code: NHM026
Nominal Amount: ZAR1 290 000 000
Issue Price: 100%
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 with the first Interest Rate Determination Date
being 22 May 2023
Coupon Rate Indicator: Floating Rate
Issue Date: 25 May 2023
Interest Commencement Date: 25 May 2023
Maturity Date: 25 May 2028
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 immediately 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, with
the first Floating Interest Payment Date being 25 August 2023
ISIN: ZAG000195942
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions or
changes to the Terms and Conditions. The APS is available on
Northam’s website:
https://www.northam.co.za/downloads/send/169-2023/1509-
aps-nhm026
The Notes will be dematerialised in the Central Securities Depository (CSD) and settlement will take place
electronically in terms of the JSE rules.
Johannesburg
24 May 2023
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.
Date: 24-05-2023 05:00:00
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