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Notification of Major Holdings
Valterra Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
JSE Share Code: VAL
LSE Share Code: VALT
JSE Debt Issuer Code: VALI
ISIN: ZAE000013181
Tax number: 9575104717615
("the Company" or "Valterra Platinum")
31 July 2026
Notification of Major Holdings
The Company advises of the receipt of the following TR-1 notification regarding change in voting rights –
1. Issuer Details
ISIN
ZAE000013181
Issuer Name
Valterra Platinum Limited
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Ninety One SA (Pty) Ltd
City of registered office (if applicable)
Country of registered office (if applicable)
ZA
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification
obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
16-Mar-2026
6. Date on which Issuer notified
30-Jul-2026
7. Total positions of person(s) subject to the notification obligation
% of voting rights
% of voting rights
through financial Total of both in Total number of voting rights held
. attached to shares
instruments (total of % (8.A + 8.B) in issuer
(total of 8.A)
8.B 1 + 8.B 2)
Resulting situation on
the date on which
4.898127 0.000000 4.898127 12994341
threshold was
crossed or reached
Position of previous
notification (if 5.050000 0.000000 5.050000
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or
reached
8A. Voting rights attached to shares
Class/Type of shares Number of direct Number of indirect voting % of direct voting
% of indirect voting rights (DTR5.2.1)
ISIN code(if possible) voting rights (DTR5.1) rights (DTR5.2.1) rights (DTR5.1)
ZAE000013181 12994287 4.898107
US03486T2024 54 0.000020
Sub Total 8.A 12994341 4.898127%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial Expiration Exercise/conversion Number of voting rights that may be acquired if
% of voting rights
instrument date period the instrument is exercised/converted
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial Expiration Exercise/conversion Physical or cash Number of voting
% of voting rights
instrument date period settlement rights
Sub Total 8.B2
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial
instruments are effectively held starting with the ultimate controlling natural person or legal
entities (please add additional rows as necessary)
% of voting rights if it % of voting rights through
Ultimate controlling Name of controlled equals or is higher financial instruments if it Total of both if it equals or is higher
person undertaking than the notifiable equals or is higher than than the notifiable threshold
threshold the notifiable threshold
Ninety One
Ninety One Plc 0.000000 0.000000 0.000000%
Global Ltd
Ninety One Ninety One UK
0.000000 0.000000 0.000000%
Global Ltd Holdings Ltd
Ninety One UK Ninety One UK
1.315700 0.000000 1.315700%
Holdings Ltd Ltd
Ninety One
Ninety One Plc 0.000000 0.000000 0.000000%
Global Ltd
Ninety One
Ninety One
International 0.000000 0.000000 0.000000%
Global Ltd
Ltd
Ninety One Ninety One
International North America 0.120500 0.000000 0.120500%
Ltd Inc
Ninety one
Ninety One Ltd 0.000000 0.000000 0.000000%
Africa (Pty) Ltd
Ninety One
Ninety One SA
One Africa 3.462000 0.000000 3.462000%
(Pty) Ltd
(Pty) Ltd
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
If date does not apply, explain below
11. Additional Information
This disclosure was missed by us in error.
12. Date of Completion
13. Place Of Completion
London
JSE equity sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
JSE debt sponsor:
The Standard Bank of South Africa Limited
For further information, please contact:
Company Secretary
Fiona Edmundson
fiona.edmundson@valterraplatinum.com
Investors:
Leroy Mnguni
leroy.mnguni@valterraplatinum.com
Marcela Grochowina
marcela.grochowina@valterraplatinum.com
Media:
Cindy Maneveld
cindy.maneveld@valterraplatinum.com
ABOUT VALTERRA PLATINUM
Valterra Platinum is one of the world's leading integrated producers of platinum group metals (PGMs) with a
primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange.
We operate world class, long-life mines and the industry's most efficient processing assets, responsibly
mining, smelting, and refining PGMs and associated co-products from operations located in South Africa and
Zimbabwe. With integrated marketing hubs in London, Singapore and Shanghai, we deliver tailored solutions
for our customers. We continue to integrate sustainability into everything we do, invest in our mining and
processing capabilities and advance market development initiatives to grow and commercialise new demand
segments. We make a meaningful impact in the communities where we operate and remain committed to
delivering consistent and superior returns to shareholders. Guided by our purpose of unearthing value to
better our world, we are committed to zero harm, disciplined capital allocation and delivery on our value-
accretive strategic priorities.
Date: 31-07-2026 12:30:00
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