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Dealings in Securities

Published: 2023-04-20 11:00:25 ET
<<<  go to JSE:IMP company page
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 dealing by the prescribed officer 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 transaction below was 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 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:                                 T Hill
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:                  29 March 2023
Number of shares vested:              17 406
Number of shares sold:                9 400
Average price per share:              R171.00
Lowest price per share:               R170.27
Highest price per share:              R175.50
Value of transaction:                 R1 607 400.00

The participant elected to retain 8 006 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


20 April 2023
Johannesburg

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




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