08 Jun - 3 min read

Further announcement : Optional redemption and conversion

Further announcement : Optional redemption and conversion

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
JSE Convertible Bond Stock Code: IMCB22
JSE Convertible Bond ISIN: ZAE000247458
(“IMPL CB22”)
(“Implats” or “the Company” or “the Issuer”)

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE
UNITED STATES, ITS TERRITORIES AND POSSESSIONS OR IN ANY OTHER JURISDICTION
WHERE SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW

Further announcement : Optional redemption and conversion

Save as otherwise defined, words and expressions used in this announcement have the meanings
given to them in the Conditions of the Bonds. A copy of the Conditions is available on the Issuer’s
website at https://implats.co.za’pdf’convertable-bond-listing/projectcrane-zar-conditions-tested.pdf
or https://implats.co.za/convertible-bond.php.

Further to the announcement released on SENS on 7 June 2021 in respect of:

1.    an optional redemption pursuant to condition 10.2.1.1 of the terms and conditions of the
      Issuer's ZAR3,250,000,000 6.375 per cent. Senior Unsecured Convertible Registered Bonds
      due 2022 (the "Bonds") to redeem all of the Bonds then outstanding at their Principal
      Amount, together with accrued interest up to but excluding the Optional Redemption Date
      (the “Optional Redemption”); and

2.    the option for bondholders to convert the Bonds into Implats ordinary shares (the
      “Conversion”)

Implats hereby re-confirms the following important dates in relation to the Optional Redemption and
the Conversion:


 Last day on which Bondholders may exercise their Conversion Rights          Friday, 9 July 2021
 Date on which Bondholder/s must deliver and surrender their                 Tuesday, 13 July 2021
 Certificate(s) to the Transfer Agent to be redeemed and cancelled
 Last day to trade to participate in the Optional Redemption                 Tuesday, 13 July 2021
 Suspension of the Bonds on JSE trading system                               Wednesday, 14 July 2021
 Record date to be recorded in the register to receive the Optional          Friday, 16 July 2021
 Redemption payment
 Optional Redemption payment together with interest                          Monday, 19 July 2021
 Issue of Implats ordinary shares in respect of the Conversion by no         Monday, 19 July 2021
 later than
 Termination of the Bonds on JSE trading system at commencement             Tuesday, 20 July 2021
 of business
 Results of Optional Redemption/Conversion released on SENS on or           Tuesday, 20 July 2021
 about
Any queries relating to this announcement may be addressed by the relevant Bondholders to the
Issuer at the contact details set out below or, in the case of holders of beneficial interests in
uncertificated Bonds held through a CSDP, to the relevant CSDP to be conveyed to the Issuer.

      Impala Platinum Holdings Limited
      2 Fricker Road
      Illovo, 2196
      Attention: Pierre Van Den Berg
      Email: Pierre.VanDenBerg@implats.co.za
      Tel: +27 82 900 3233

This announcement does not constitute, or form part of, an offer or any solicitation of an
offer for securities in any jurisdiction.

Ends
Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013/43
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 9033/43
M: +27 (0) 82 498 3608

8 June 2021
Johannesburg

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




                                               

Date: 08-06-2021 05:47:00
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