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NORTHAM PLATINUM HOLDINGS LIMITED - New R2.06bn DMTN placement and extension to the maturity of R1.17bn of DMTNs under the R15bn DMTN programme

Release Date: 26/05/2022 17:00
Code(s): NPH NHM012 NHM019 NHM018 NHM020 NHM016 NHM021 NHM015     PDF:  
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New R2.06bn DMTN placement and extension to the maturity of R1.17bn of DMTNs under the R15bn DMTN programme

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, together with its subsidiaries,        Bond code: NHM012        Bond ISIN: ZAG000160136
the “Group”)                                                   Bond code: NHM015        Bond ISIN: ZAG000164922
                                                               Bond code: NHM016        Bond ISIN: ZAG000167750
                                                               Bond code: NHM018        Bond ISIN: ZAG000168097
                                                               Bond code: NHM019        Bond ISIN: ZAG000168105
                                                               Bond code: NHM020        Bond ISIN: ZAG000172594
                                                               Bond code: NHM021        Bond ISIN: ZAG000181496
                                                               (“Northam”)


NEW R2.06 BILLION DOMESTIC MEDIUM TERM NOTE PLACEMENT AND EXTENSION TO THE MATURITY OF R1.17 BILLION OF DOMESTIC 
MEDIUM TERM NOTES UNDER THE R15 BILLION DOMESTIC MEDIUM TERM NOTE PROGRAMME

The Group is pleased to announce that it has completed a private placement of new domestic medium term notes
(“Notes”) to the value of c. R2.06 billion under Northam’s R15 billion Domestic Medium Term Note Programme,
as amended and/or supplemented from time to time (“Programme”) and has effectively extended the maturity of
the nominal amount of certain Notes to the value of c. R1.17 billion by in excess of 2 years (collectively, the
“Tap Issuances”).

The aggregate placements pursuant to the Tap Issuances amount to R3.23 billion, with c. R1.34 billion,
c. R1.64 billion and R250 million placed on 19 April 2022, 26 April 2022 and 26 May 2022, respectively, which
placements were largely aligned with the maturity dates of Notes under bond series NHM007, NHM009 and NHM011.

Following the Tap Issuances, the total nominal value of Notes in issue under the Programme amounts to
c. R11.36 billion. R102 million of Notes will mature during the current financial year, with the remainder of
maturities spread across calendar years 2023 to 2026.

Paul Dunne, Northam’s Chief Executive Officer said, “Northam is grateful for the continued support shown to
it by the participants in the Programme. The R3.23 billion combination of new investment and the extension of
maturities, allows Northam to maintain its preferred level of gearing in the medium term.”


Johannesburg
26 May 2022

Corporate Advisor and JSE Sponsor to Northam Holdings                               
One Capital

Sole Arranger and Dealer to Northam in respect of the Programme                                    
One Capital

Corporate Advisor and Debt Sponsor to Northam                                        
One Capital

Attorneys to Northam and Northam Holdings
Webber Wentzel

Attorneys to Northam, the Arranger and the Dealer in respect of the Programme
Bowman Gilfillan Inc.

Date: 26-05-2022 05:00:00
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