Press releases

Directors' and Company Secretary dealings in terms of the RBPlat rights offer

Shareholders are further advised that the Executive Directors of the Company as well as a Director of Royal Bafokeng Resources (Pty) Limited and the Company Secretary have elected to follow their rights pertaining to their direct beneficial shareholding in terms of the RBPlat Rights Offer, and in some instances, apply for excess rights, resulting in the following ordinary shares being issued to such individuals:

SD Phiri (Chief Executive Officer)  
Shareholding prior to the Rights Offer: 148 348
Rights Offer shares issued 12 165
Price per share: R55.00
Value of Rights Offer shares: R669 075.00
Shareholding post the Rights Offer: 160 513
MJL Prinsloo (Chief Financial Officer)  
Shareholding prior to the Rights Offer: 122 548
Rights Offer shares issued 10 050
Excess Rights Offer shares applied for and issued 565
Price per share:   R55.00
Value of Rights Offer shares: R583 825.00
Shareholding post the Rights Offer: 133 163
NJ Muller (Chief Operating Officer)  
Shareholding prior to the Rights Offer: 38 459
Rights Offer shares issued 3 154
Price per share: R55.00
Value of Rights Offer shares: R173 470.00
Shareholding post the Rights Offer: 41 613
KV Tlhabanelo (Director of Royal Bafokeng Resources (Pty) Limited, a Major Subsidiary)
Shareholding prior to the Rights Offer: 43 246
Rights Offer shares issued 3 546
Price per share: R55.00
Value of Rights Offer shares: R195 030.00
Shareholding post the Rights Offer: 46 792
LC Jooste (Company Secretary)  
Shareholding prior to the Rights Offer: 22 452
Rights Offer shares issued 1 841
Price per share: R55.00
Value of Rights Offer shares: R101 255.00
Shareholding post the Rights Offer: 24 293

The transactions were undertaken on market and prior clearance to deal was obtained.

Further to the above, the Board of Directors, on recommendation of the Remuneration and Nomination Committee, followed the rights in respect of all shares held in escrow with regard to the RBPlat Bonus Share Plan and the RBPlat Mahube Share Trust resulting in a total of 118 876 Rights Offer shares being issued at a value of R55.00 each, totalling R6 538 180.00. The Rights Offer shares issued and attributable to the indirect beneficial shares held on behalf of Directors, a Director of a major subsidiary and the Company Secretary are as follows:

SD Phiri (Chief Executive Officer)  
Indirect shareholding prior to the Rights Offer: 81 498
Rights Offer shares issued 6 683
Price per share: R55.00
Value of Rights Offer shares: R367 565.00
Indirect shareholding post the Rights Offers: 88 181
MJL Prinsloo (Chief Financial Officer)  
Indirect shareholding prior to the Rights Offer: 65 431
Rights Offer shares issued 5 366
Price per share: R55.00
Value of Rights Offer shares: R295 130.00
Indirect shareholding post the Rights Offers: 70 797
NJ Muller (Chief Operating Officer)  
Indirect shareholding prior to the Rights Offer: 65 609
Rights Offer shares issued 5 380
Price per share: R55.00
Value of Rights Offer shares: R295 900.00
Indirect shareholding post the Rights Offers: 70 989
KV Tlhabanelo (Director of Royal Bafokeng Resources (Pty) Limited, a Major Subsidiary)
Indirect shareholding prior to the Rights Offer: 50 453
Rights Offer shares issued 4 137
Price per share: R55.00
Value of Rights Offer shares: R227 535.00
Indirect shareholding post the Rights Offers: 54 590
LC Jooste (Company Secretary)  
Indirect shareholding prior to the Rights Offer: 22 680
Rights Offer shares issued 1 860
Price per share: R55.00
Value of Rights Offer shares: R102 300.00
Indirect shareholding post the Rights Offers: 24 540

The indirect beneficial scheme shares along with the attributable Rights Offer shares issued to eligible employees will vest as normal in terms of the respective scheme rules.

Johannesburg
15 April 2014

JSE Sponsor
Macquarie First South Capital (Pty) Limited

For further enquiries, please contact:

Lester Jooste
Company Secretary
Tel: +27 (0)10 590 4519
Email: lester@bafokengplatinum.co.za

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