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NORTHAM PLATINUM HOLDINGS LIMITED - TRP dismisses submission by the independent board of RBPlat in relation to an alleged mandatory offer by Northam

Release Date: 30/03/2022 14:48
Wrap Text
TRP dismisses submission by the independent board of RBPlat in relation to an alleged mandatory offer by Northam

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: NHM007        Bond ISIN: ZAG000158593
“Northam”)                                                      Bond code: NHM009        Bond ISIN: ZAG000158866
                                                                Bond code: NHM011        Bond ISIN: ZAG000159237
                                                                Bond code: NHM012        Bond ISIN: ZAG000160136
                                                                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 Platinum”)

TAKEOVER REGULATION PANEL DISMISSES SUBMISSION BY THE INDEPENDENT BOARD OF ROYAL BAFOKENG PLATINUM LIMITED (“RBPLAT”) IN RELATION TO
AN ALLEGED MANDATORY OFFER BY NORTHAM

Shareholders are referred to the announcement published by Northam on SENS on 9 December 2021 in response to
the announcement published by RBPlat on the same date regarding, inter alia, a submission made to the Takeover
Regulation Panel (“TRP”) by the independent board of RBPlat, as constituted in terms of regulation 108 of the
Companies Regulations, 2011, alleging that Northam had possibly triggered a mandatory offer in terms of section 123
of the Companies Act, No. 71 of 2008 (“Alleged Mandatory Offer”), (“RBP TRP Submission”).

Following, inter alia, Northam’s submission to the TRP in response to the RBP TRP Submission, Northam is pleased to
advise that the TRP has today, 30 March 2022, ruled in favour of Northam’s position that the Alleged Mandatory Offer
has not been triggered and accordingly, the RBP TRP Submission has been dismissed.

The board of directors of Northam Holdings (to the extent that the information relates to Northam Holdings) accepts
responsibility for the information contained in this announcement and certifies that, to the best of its knowledge and
belief, the information contained in this announcement relating to Northam Holdings is true and this announcement does
not omit anything that is likely to affect the importance of such information.

Johannesburg
30 March 2022

Corporate Advisor and Sponsor to Northam Holdings            
One Capital 

Attorneys to Northam Holdings and Northam Platinum
Webber Wentzel
                                             
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital

Date: 30-03-2022 02:48:00
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