Enhanced Investments - Financial Portal

Dealings in Securities

Published: 2023-10-12 17:00:39 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 Listings Requirements of the JSE Limited (“JSE”),
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 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 interest:                   Direct beneficial
Number of shares deferred:            113 756

The participant elected to commit all 113 756 shares towards the MSR and to defer vesting to 1
January 2025.

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:                  4 October 2023
Number of shares vested:              46 306
Number of shares sold                 2 932
Average price per share:              R89.88
Lowest price per share:               R85.70
Highest price per share:              R93.41
Value of transaction:                R263 528.16

The participant elected to commit 40 000 shares towards the MSR and to defer vesting to 1 January
2025. In addition, the participant further elected to retain 3 374 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 interest:                  Direct beneficial
Number of shares deferred:           44 262

The participant elected to commit all 44 262 shares towards the MSR and to defer vesting to 1
January 2025.

Name:                                A Coetzee
Designation:                         Director
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:                 4 October 2023
Number of shares vested:             17 148
Number of shares sold                17 148
Average price per share:             R89.88
Lowest price per share:              R85.70
Highest price per share:             R93.41
Value of transaction:                R1 541 262.24

Name:                                A Mhembere
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               Off market cash settlement of vested notional shares in
                                     terms of the PSP
Nature of interest:                  Direct beneficial
Date of transaction:                 4 October 2023
Number of notional shares vested
and paid out:                        78 024
3-day VWAP:                          R98.39
Value of transaction:                R7 676 781.36

Name:                                T Hill
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               Off market cash settlement of vested notional shares in
                                     terms of the PSP
Nature of interest:                  Direct beneficial
Date of transaction:                 4 October 2023
Number of notional shares vested
and paid out:                        46 176
3-day VWAP:                          R98.39
Value of transaction:                R4 543 256.64



                                                                                         Page 2 of 4
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:                 4 October 2023
Number of shares vested:             53 116
Number of shares sold                33 116
Average price per share:             R89.88
Lowest price per share:              R85.70
Highest price per share:             R93.41
Value of transaction:                R2 976 466.08

In addition, the participant has elected to commit the remaining 20 000 shares towards the MSR
and to defer vesting to 1 January 2025.

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:                 4 October 2023
Number of shares vested:             21 790
Number of shares sold                2 227
Average price per share:             R89.88
Lowest price per share:              R85.70
Highest price per share:             R93.41
Value of transaction:                R200 162.76

The participant elected to commit 17 000 shares towards the MSR and to defer vesting to 1 January
2025. In addition, the participant further elected to retain 2 563 shares, and the shares that have
been sold are to cover the taxes due on the shares that have vested.

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:                 4 October 2023
Number of shares vested:             23 152
Number of shares sold                11 576
Average price per share:             R89.88
Lowest price per share:              R85.70
Highest price per share:             R93.41
Value of transaction:                R1 040 450.88

The participant elected to commit the remaining 11 576 shares towards the MSR and to defer
vesting to 1 January 2025.

Name:                                J Theron
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Class of shares:                     Ordinary shares of no par value


                                                                                         Page 3 of 4
Nature of transaction:                On market sale of vested shares in terms of the PSP
Nature of interest:                   Direct Beneficial
Date of transaction:                  4 October 2023
Number of shares vested:              32 250
Number of shares sold                 7 498
Average price per share:              R89.88
Lowest price per share:               R85.70
Highest price per share:              R93.41
Value of transaction:                 R673 920.24

The participant elected to commit 16 125 shares towards the MSR and to defer vesting to 1 January
2025. In addition, the participant further elected to retain 8 627 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:                  4 October 2023
Number of shares vested:              15 580
Number of shares sold                 7 245
Average price per share:              R89.88
Lowest price per share:               R85.70
Highest price per share:              R93.41
Value of transaction:                 R651 180.60

The participant elected to retain 8 335 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 2023
Johannesburg

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




                                                                                         Page 4 of 4

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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.