Enhanced Investments - Financial Portal

Listing of new financial instruments – NHM024, NHM025 and NHM026

Published: 2023-05-24 18:00:25 ET

                                     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.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.