| Notification in terms of section 122(3)(b) of the companies act, no. 71 of 2008 (the "Act") and section 3.83(b) of the JSE Limited listings requirements (“JSE Listing Requirements”) | |
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Published on 25 May 2015
Shareholders are referred to the Northam SENS announcement published on Wednesday, 20 May 2015 pertaining to the notification received from shareholders in terms of section 122(3)(b) of the Act and section 3.83(b) of the JSE Listings Requirements.
The Public Investment Corporation SOC Ltd. (''PIC'') disposed of shares in Northam pursuant to Northam's R6.6 billion, 10 year, secured broad-based black economic empowerment transaction (BEE Transaction). Following a review of their external managed holdings, the PIC has confirmed its total interest in the issued ordinary share capital of Northam to be 7.86% following the BEE Transaction.
Northam has filed the relevant notices with the Takeover Regulation Panel in terms of section 122(3)(a) of the Act.
Johannesburg
25 May 2015
Sponsor and Debt Sponsor
One Capital
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Northam Platinum Ltd
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PRODUCER |
CODE : NOC.BE |
ISIN : ZAE000030912 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Northam Platinum is a platinum producing company based in South africa. Northam Platinum holds various exploration projects in South Africa. Its main asset in production is NORTHAM MINE in South Africa and its main asset in development is BOOYSENTHAL in South Africa. Northam Platinum is listed in Germany, in South Africa and in United States of America. Its market capitalisation is €UR 1.8 billions as of today (US$ 2.2 billions, € 1.8 billions). Its stock quote reached its lowest recent point on December 18, 2015 at €UR 1.16, and its highest recent level on September 08, 2021 at €UR 10.50. Northam Platinum has 174 810 000 shares outstanding. |