Sharenet Sites 
Sharenet Sites
Condensed reviewed interim financial results for the six months ended 31 December 2023 and cash dividend declaration
NORTHAM PLATINUM HOLDINGS LIMITED NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa Incorporated in the Republic of South Africa
Registration number: 2020/905346/06 Registration number: 1977/003282/06
Share code: NPH ISIN: ZAE000298253 Debt issuer code: NHMI
("Northam Holdings" or the "company", together with its Bond code: NHM015 Bond ISIN: ZAG000164922
subsidiaries, "Northam" or the "group") Bond code: NHM016 Bond ISIN: ZAG000167750
Bond code: NHM019 Bond ISIN: ZAG000168105
Bond code: NHM021 Bond ISIN: ZAG000181496
Bond code: NHM022 Bond ISIN: ZAG000190133
Bond code: NHM023 Bond ISIN: ZAG000190968
Bond code: NHM024 Bond ISIN: ZAG000195926
Bond code: NHM025 Bond ISIN: ZAG000195934
Bond code: NHM026 Bond ISIN: ZAG000195942
("Northam Platinum")
CONDENSED REVIEWED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023 AND CASH DIVIDEND DECLARATION
Shareholders of Northam Holdings ("Shareholders") are advised that the company has, today, published its condensed
reviewed interim financial results for the six months ended 31 December 2023 ("Interim Results").
Financial results overview
Six months ended Six months ended
31 December 2023 31 December 2022 Variance
Sales revenue R000 14 994 577 20 119 026 (25.5%)
Operating profit R000 2 417 200 9 066 564 (73.3%)
Operating profit margin % 16.1 45.1 (64.3%)
Earnings per share cents 136.5 1 596.2 (91.4%)
Headline earnings per share cents 121.4 1 608.5 (92.5%)
Dividends per share cents 100.0 - 100.0%
EBITDA* R000 3 170 829 9 953 810 (68.1%)
EBITDA margin % 21.1 49.5 (57.4%)
* Earnings before interest, taxation, depreciation and amortisation, and excluding losses on the sale of the Impala Platinum
Holdings Limited shares
Cash dividend declaration
For the six months ended 31 December 2023, the board of directors ("board") has resolved to declare and pay an interim
gross cash dividend of 100.0 cents per share (31 December 2022: Nil cents per share and for 30 June 2023: 600.0 cents
per share), which in aggregate amounts to an interim gross cash dividend of approximately R396.2 million. The interim
gross cash dividend has been declared from income reserves.
A dividend withholding tax of 20% will be applicable to Shareholders who are not exempt from, or who do not qualify for, a
reduced rate of dividend withholding tax. Accordingly, for those Shareholders subject to dividend withholding tax at a rate
of 20%, the final net cash dividend will amount to 80.0 cents per share (31 December 2022: Nil cents per share and
30 June 2023: 480.0 cents per share).
The following dates are applicable to the interim dividend:
Last day to trade (cum dividend), on Monday, 18 March 2024
Trading ex-dividend, on Tuesday, 19 March 2024
Record date to determine which Shareholders are eligible to receive the dividend, on Friday, 22 March 2024
Payment date of the dividend, on Monday, 25 March 2024
Shareholders may not dematerialise or rematerialise their Northam Holdings shares between Tuesday, 19 March 2024 and
Friday, 22 March 2024, both days inclusive.
The following additional information is disclosed regarding the interim dividend:
• Northam Holdings' issued share capital as at the date of this announcement is 396 238 229 ordinary shares (of which
1 share is held by Northam Platinum, a subsidiary of Northam Holdings)
• Northam Holdings' registration number is 2020/905346/06
• Northam Holdings' income tax reference number is 9586451198
About this announcement
This announcement is the responsibility of the board and contains information extracted from the Interim Results.
As the information in this announcement does not provide all of the details, any investment decisions should be based on
the published condensed reviewed interim financial results for the six months ended 31 December 2023 (which incorporates
the external auditor's report in which PricewaterhouseCoopers Incorporated expressed an unmodified review conclusion)
accessible via the JSE cloudlink at: https://senspdf.jse.co.za/documents/2024/JSE/ISSE/NPHE/Interims24.pdf and on the
company's website at:
https://www.northam.co.za/component/jdownloads/?task=download.send&id=1545&catid=180&m=0&Itemid=347.
Johannesburg
1 March 2024
Corporate Advisor and Sponsor to Northam Holdings
One Capital
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital
Date: 01-03-2024 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
