NORTHAM PLATINUM LIMITED The JSE Limited has granted approval for the listing of NHM008 and NHM009 Senior Unsecured Floating Rate Notes, under the Northam Platinum Limited ZAR2 000 000 000 Domestic Medium Term Note Programme dated 3 August 2012, as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 26 April 2019.
The details pertaining to NHM008 are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR1 975 000 000.00 including this issue |
| Instrument Code: | NHM008 |
| Nominal Amount: | ZAR200 000 000.00 |
| Issue Price: | 100% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 240 bps, being 9.558% on the first Interest Rate Determination Date (3 Month ZAR-JIBAR as at 24 April 2019 of 7.158% plus 240 bps) |
| Coupon Rate Indicator: | Floating |
| Issue Date: | 26 April 2019 |
| Interest Commencement Date: | 26 April 2019 |
| Interest Rate Determination Date(s): | 24 April 2019, 26 July 2019, 26 October 2019 and 26 January 2020 |
| Maturity Date: | 26 April 2020 |
| Final Redemption Amount: | 100% of Nominal Amount |
| Last Day to Register: | By 17h00 on 15 July 2019, 15 October 2019, 15 January 2020 and 15 April 2020 |
| Books Close Period: | 16 July 2019, 16 October 2019, 16 January 2020 and 16 April 2020 |
| Interest Payment Date(s): | 26 July 2019, 26 October 2019, 26 January 2020 and 26 April 2020 |
| ISIN No: | ZAG000158858 |
| Business Day Convention: | Following Business Day |
| Other: | The applicable pricing supplement ('APS') contains additional terms and conditions to the terms and conditions as contained in the Programme Memorandum, dated 3 August 2012, ('Terms and Conditions') |
| Summary of additional terms and conditions: | Summary of additional terms and conditions: The additional terms and conditions pertain to the applicable guarantee and the amendment of Condition 16.1 (Senior Notes) by including additional Events of Default in terms of Condition 16.1.1.9 (Other) of the Terms and Conditions. Investors should refer to Appendix 'A' of the APS for full details of the additional terms and conditions, available on Northam's website: http://www.northam.co.za/downloads/send/96-files/1173-applicable-pricing-supplement-nhm008-r200m |
The details pertaining to NHM009 are as follows:
| Instrument Type: | Senior Unsecured Floating Rate Notes |
| Total Notes in Issue: | ZAR1 975 000 000.00 including this issue |
| Instrument Code: | NHM009 |
| Nominal Amount: | ZAR250 000 000.00 |
| Issue Price: | 100% |
| Interest Rate: | 3 Month ZAR-JIBAR plus 375 bps, being 10.908% on the first Interest Rate Determination Date (3 Month ZAR-JIBAR as at 24 April 2019 of 7.158% plus 375 bps) |
| Coupon Rate Indicator: | Floating |
| Issue Date: | 26 April 2019 |
| Interest Commencement Date: | 26 April 2019 |
| Interest Rate Determination Date(s): | 26 April, 26 July, 26 October and 26 January of each year until the Maturity Date, with the first Interest Rate Determination Date being 24 April 2019 |
| 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 |
| Books Close Period: | 16 April, 16 July, 16 October and 16 January of each year until the Maturity Date |
| Interest Payment Date(s): | 26 April, 26 July, 26 October and 26 January of each year until the Maturity Date, with the first Interest Payment Date being 26 July 2019 |
| ISIN No: | ZAG000158866 |
| Business Day Convention: | Following Business Day |
| Other: | The APS contains additional terms and conditions to the Terms and Conditions |
| Summary of additional terms and conditions: | The additional terms and conditions pertain to the applicable guarantee and the amendment of Condition 16.1 (Senior Notes) by including additional Events of Default in terms of Condition 16.1.1.9 (Other) of the Terms and Conditions. Investors should refer to Appendix 'A' of the APS for full details of the additional terms and conditions, available on Northam's website: http://www.northam.co.za/downloads/send/96-files/1174-applicable-pricing-supplement-nhm009-r250m |
The Notes will be immobilised in the Central Securities Depository (CSD) and settlement will take place electronically in terms of JSE Rules.
Johannesburg
25 April 2019
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Northam Platinum Ltd. published this content on 25 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2019 10:12:17 UTC
