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Dealings in Securities
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 the 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 trades
include one off-market cash settled transaction.
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 2027 as per the rules of the Implats
MSR Policy.
Class of securities: 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 transactions: 3 October 2025
Average price per share: R221.6172*
Lowest price per share: R220.5144
Highest price per share: R222.6166
*Average price of bulk sale for all participants
Name: NJ Muller
Designation: Executive Director
Company: Impala Platinum Holdings Limited
Number of shares vested: 56 427
Number of shares sold 56 427
Value of transaction: R12,505,193.74
Name: M Kerber
Designation: Executive Director
Company: Impala Platinum Holdings Limited
Number of shares vested: 27 444
Number of shares sold 12 761
Value of transaction: R2,828,057.09
The participant elected to retain 14 683 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
Number of shares vested: 22 236
Number of shares sold 22 236
Value of transaction: R4,927,880.06
Name: AD Coetzee
Designation: Director
Company: Impala Platinum Limited (a major subsidiary of Implats)
Number of shares vested: 8 682
Number of shares sold 8 682
Value of transaction: R1,924,080.53
Name: K Chilvers
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 11 226
Number of shares sold 5 220
Value of transaction: R1,156,841.78
The participant elected to retain 6,006 shares, and the shares that have been sold are to cover the
taxes due on the shares that have vested.
Name: MM Motlhageng
Designation: Director
Company: Impala Platinum Limited (a major subsidiary of Implats)
Class of shares: Ordinary shares of no par value
Nature of interest: Direct beneficial
Date of transaction: 3 October 2025
Number of shares deferred: 12 240
The participant elected to commit all 12 240 shares towards the MSR and to defer vesting to 1
January 2027.
Name: SE Sibiya
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 11 697
Number of shares sold 11 697
Value of transaction: R2,592,256.39
Name: J Theron
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 16 146
Number of shares sold 16 146
Value of transaction: R3,578,231.31
Page 2 of 3
Name: TT Llale
Designation: Company Secretary
Company: Impala Platinum Holdings Limited
Number of shares vested: 8 066
Number of shares sold 8 066
Value of transaction: R1,787,564.34
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: 3 October 2025
Number of notional shares vested
and paid out: 22 614
3-day VWAP: R184.73
Value of transaction: R4,177,484.22
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
Number of shares deferred: 36 257
The participant elected to commit all 36 257 shares towards the MSR and to defer vesting to
1 January 2027.
Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013
M: +27 (0) 82 809 0166
Emma Townshend
E-mail: emma.townshend@implats.co.za
T : +27 (0) 21 794 8345
M : +27 (0) 82 415 3770
Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033
M: +27 (0) 82 498 3608
9 October 2025
Johannesburg
Sponsor to Implats
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Page 3 of 3
Date: 09-10-2025 05:05:00
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