Enhanced Investments - Financial Portal

Dealings in securities

Published: 2022-10-12 11:00:49 ET

IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY
(“Implats” or the “Company”)

DEALINGS IN SECURITIES

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is
hereby given of the following dealings by the directors, prescribed officers and company secretary
of Implats and its major subsidiaries, after having received clearance to do so in terms of paragraph
3.66 of the JSE Limited Listings Requirements.

The transactions below were pursuant to the on-market exercise of the Performance Share Plan
(PSP) in terms of the Company’s Long-Term Incentive Plan (LTIP) which requires participants to
either (a) sell the vested shares (b) sell enough shares to cover the taxes due on the vested shares
or (c) retain the vested shares and deliver in cash the amount due to cover the taxes on the vested
shares. The tax event takes place on the day that the shares vest to the participant.

The election of certain executives to commit PSP shares towards the Minimum Shareholding
Requirement (MSR) took place before the vesting date. To this end, the vesting of the Performance
Shares for these executives has been deferred to 1 January 2025 as per the rules of the Implats
MSR Policy.

Name:                                 NJ Muller
Designation:                          Executive Director
Company:                              Impala Platinum Holdings Limited
Class of shares:                      Ordinary shares of no par value
Nature of transaction:                On market sale of vested shares in terms of the PSP
Nature of interest:                   Direct Beneficial
Date of transaction:                  5 October 2022
Number of shares vested:              83 385
Number of shares sold                 38 774
Average price per share:              R174. 7276
Lowest price per share:               R170.00
Highest price per share:              R183.26
Value of transaction:                 R6 774 887.96

The participant elected to retain 44 611 shares, and the shares that have been sold are to cover
the taxes due on the shares that have vested.

Name:                                 M Kerber
Designation:                          Executive Director
Company:                              Impala Platinum Holdings Limited
Class of shares:                      Ordinary shares of no par value
Nature of transaction:                On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested:             28 678
Number of shares sold                13 335
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R2 329 992.55

The participant elected to retain 15 343 shares, and the shares that have been sold are to cover
the taxes due on the shares that have vested.

Name:                                LN Samuel
Designation:                         Executive Director
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested:             32 333
Number of shares sold                15 034
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R2 626 854.74

The participant elected to retain 17 299 shares, and the shares that have been sold are to cover
the taxes due on the shares that have vested.

Name:                                J Andrews
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested:             21 530
Number of shares sold                10 011
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R 1 749 198.00

The participant elected to retain 11 519 shares, and the shares that have been sold are to cover
the taxes due on the shares that have vested.

Name:                                D Chetty
Designation:                         Prescribed Officer
Company:                             Impala Platinum Limited (a major subsidiary of Implats)
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested:             13 717
Number of shares sold                6 378
Average price per share:             R174. 7276


                                                                                        Page 2 of 5
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R1 114 412.63

The participant elected to retain 7 339 shares, and the shares that have been sold are to cover
the taxes due on the shares that have vested.

Name:                                A Mhembere
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested              45 267
Number of shares sold                25 267
Number of shares deferred to MSR     20 000
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R4 414 842.27

In addition, the vesting of the 20 000 shares committed to the MSR is deferred to 1 January 2025.

Name:                                MC Munroe
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested and
shares sold:                         38 084
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R6 654 325.92

Name:                                K Pillay
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested:             15 394
Number of shares sold                7 158
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R1 250 700.16

The participant elected to retain 8 236 shares, and the shares that have been sold are to cover
the taxes due on the shares that have vested.




                                                                                         Page 3 of 5
Name:                                GS Potgieter
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested and
shares sold:                         46 730
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R8 165 020.75

Name:                                SE Sibiya
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested              15 529
Number of shares sold                8 429
Number of shares deferred to MSR     7 100
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R1 472 778.94

In addition, the vesting of the 7 100 shares committed to the MSR is deferred to 1 January 2025.

Name:                                J Theron
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested:             23 362
Number of shares sold                10 863
Average price per share:             R174. 7276
Lowest price per share:              R170.00
Highest price per share:             R183.26
Value of transaction:                R1 898 065.92

The participant elected to retain 12 499 shares, and the shares that have been sold are to cover
the taxes due on the shares that have vested.

Name:                                TT Llale
Designation:                         Company Secretary
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               On market sale of vested shares in terms of the PSP
Nature of interest:                  Direct Beneficial
Date of transaction:                 5 October 2022
Number of shares vested:             11 011


                                                                                        Page 4 of 5
Number of shares sold                 5 120
Average price per share:              R174. 7276
Lowest price per share:               R170.00
Highest price per share:              R183.26
Value of transaction:                 R894 605.31

The participant elected to retain 5 891 shares, and the shares that have been sold are to cover
the taxes due on the shares that have vested.


Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166

Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608

Emma Townshend
E-mail : emma.townshend@implats.co.za
T : +27 (0) 21 794 8345
M : +27 (0) 82 415 3770


12 October 2022
Johannesburg

Sponsor to Implats
Nedbank Corporate and Investment Banking, a division of Nedbank Limited




                                                                                         Page 5 of 5

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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.