IMPALA PLATINUM HOLDINGS LIMITED - Dealing in secu2 Dec 2020
Dealing 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”)

DEALINGS IN SECURITIES

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given of the following dealings by the company secretary, directors and prescribed officers of Implats,
after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

The transactions below were pursuant to a deferral of vesting for purposes of the Minimum
Shareholding Requirement (MSR), vesting of the Conditional Share Plan (CSP) and Share Appreciation
Rights (SAR) awards in the Company’s Long Term Incentive Plan (LTIP) and the applicable subsequent
sales which took place on market. The election of certain executives to commit the CSP and SAR
awards towards the MSR took place before the vesting date. To this end, the vesting of the CSP shares
and SARs for these executives has been deferred to 1 January 2025 as per the Rules of the Implats
MSR Policy.

Name:                                   GS Potgieter
Designation:                            Prescribed Officer
Company:                                Impala Platinum Holdings Limited
Class of shares:                        Ordinary shares of no par value
Nature of interest:                     Direct Beneficial
Number of shares deferred and
committed towards the MSR:              61 627
Number of shares sold:                  0
The participant has elected to commit these shares towards the MSR and to defer vesting of the CSP
and SAR awards to 1 January 2025.

Name:                                    J Theron
Designation:                             Prescribed Officer
Company:                                 Impala Platinum Holdings Limited
Class of shares:                         Ordinary shares of no par value
Nature of transaction:                   On market sale of vested shares in terms of the LTIP CSP
Nature of interest:                      Direct Beneficial
Date of transaction:                     25 November 2020
Number of shares vested and
shares sold:                             38 501
VWAP on day of vesting:                  R161.0394
Sale price per share:                    R161.0394
Lowest price per share:                  R157.7700
Highest price per share:                 R171.0000
Value of transaction:                    R6 200 177.94

Name:                                    TT Llale
Designation:                             Company Secretary
Company:                                 Impala Platinum Holdings Limited
Class of shares:                         Ordinary shares of no par value
Nature of transaction:                   On market sale of vested shares in terms of the LTIP CSP
Nature of interest:                      Direct Beneficial
Date of transaction:                     25 November 2020
Number of shares vested and
shares sold:                             19 292
VWAP on day of vesting:                  R161.0394
Sale price per share:                    R161.0394
Lowest price per share:                  R157.7700
Highest price per share:                 R171.0000
Value of transaction:                    R3 106 772.10

Name:                                    V Nhlapo
Designation:                             Prescribed Officer
Company:                                 Impala Platinum Holdings Limited
Class of shares:                         Ordinary shares of no par value
Nature of transaction:                   On market sale of vested shares in terms of the LTIP CSP
Nature of interest:                      Direct Beneficial
Date of transaction:                     25 November 2020
Number of shares vested and
shares sold:                             40 002
VWAP on day of vesting:                  R161.0394
Sale price per share:                    R161.0394
Lowest price per share:                  R157.7700
Highest price per share:                 R171.0000
Value of transaction:                    R6 441 898.08

Name:                                     SE Sibiya
Designation:                              Prescribed Officer
Company:                                  Impala Platinum Holdings Limited
Class of shares:                          Ordinary shares of no par value
Nature of transaction:                    On market sale of vested shares in terms of the LTIP CSP
Nature of interest:                       Direct Beneficial
Date of transaction:                      25 November 2020
Number of shares vested and
shares sold:                              13 171
VWAP on day of vesting:                   R161.0394
Sale price per share:                     R161.0394
Lowest price per share:                   R157.7700
Highest price per share:                  R171.0000
Value of transaction:                     R2 121 049.94
In addition, the participant has elected to commit 6 000 shares towards the MSR and to defer
vesting of the CSP and SAR awards to 1 January 2025.

Name:                                     L Samuel
Designation:                              Executive Director
Company:                                  Impala Platinum Holdings Limited
Class of shares:                          Ordinary shares of no par value
Nature of transaction:                    On market sale of vested shares in terms of the LTIP CSP
Nature of interest:                       Direct Beneficial
Date of transaction:                      25 November 2020
Number of shares vested and
shares sold:                              15 708
VWAP on day of vesting:                   R161.0394
Sale price per share:                     R161.0394
Lowest price per share:                   R157.7700
Highest price per share:                  R171.0000
Value of transaction:                     R2 529 606.90
In addition, the participant has elected to commit 22 520 shares towards the MSR and to defer
vesting of the CSP and SAR awards to 1 January 2025.
The participant further elected to retain 17 929 shares and the shares that have been sold are to
cover the taxes due on the portion of the shares that have vested.

Name:                                    JC Andrews
Designation:                             Prescribed Officer
Company:                                 Impala Platinum Holdings Limited
Class of shares:                         Ordinary shares of no par value
Nature of transaction:                   On market sale of vested shares in terms of the LTIP CSP
Nature of interest:                      Direct Beneficial
Date of transaction:                     25 November 2020
Number of shares vested and
shares sold:                             16 598
VWAP on day of vesting:                  R161.0394
Sale price per share:                    R161.0394
Lowest price per share:                  R157.7700
Highest price per share:                 R171.0000
Value of transaction:                    R2 672 931.96
The participant elected to retain 19 098 shares and the shares that have been sold are to cover the
taxes due on the portion of the shares that have vested.

Name:                                   NJ Muller
Designation:                            Chief Executive Officer
Company:                                Impala Platinum Holdings Limited
Class of shares:                        Ordinary shares of no par value
Nature of transaction:                  On market sale of vested shares in terms of the LTIP CSP
Nature of interest:                     Direct Beneficial
Date of transaction:                    25 November 2020
Number of shares vested and
shares sold:                            96 943
VWAP on day of vesting:                 R161.0394
Sale price per share:                   R161.0394
Lowest price per share:                 R157.7700
Highest price per share:                R171.0000
Value of transaction:                   R15 611 642.55
The participant elected to retain 110 648 shares and the shares that have been sold are to cover the
taxes due on the portion of the shares that have vested.

Name:                                   A Mhembere
Designation:                            Prescribed Officer
Company:                                Impala Platinum Holdings Limited
Class of shares:                        Ordinary shares of no par value
Nature of transaction:                  On market sale of vested shares in terms of the LTIP 2012
                                        Conditional Share Plan
Nature of interest:                     Direct Beneficial
Date of transaction:                    25 November 2020
Number of shares vested and
shares sold:                            93 653
Sale price per share:                   R167.0702
Value of transaction:                   R15 646 625.44
Cash settled at vesting – No market trade

Name:                                   TT Llale
Designation:                            Company Secretary
Company:                                Impala Platinum Holdings Limited
Class of shares:                        Ordinary shares of no par value
Nature of transaction:                  On market sale of vested shares in terms of the LTIP SAR
                                        Scheme
Nature of interest:                     Direct Beneficial
Date of transaction:                    25 November 2020
Number of shares vested and
shares sold:                            11 640
Sale price per share:                   R161.0394
Value of shares:                        R1 874 498.62

Name:                                   SE Sibiya
Designation:                            Prescribed Officer
Company:                                Impala Platinum Holdings Limited
Class of shares:                        Ordinary shares of no par value
Nature of transaction:                  On market sale of vested shares in terms of the LTIP SAR
                                        Scheme
Nature of interest:                     Direct Beneficial
Date of transaction:                    25 November 2020
Number of shares vested and
shares sold:                            11 580
Sale price per share:                   R161.0394
Value of shares:                        R1 864 836.25

Name:                                   V Nhlapo
Designation:                            Prescribed Officer
Company:                                Impala Platinum Holdings Limited
Class of shares:                        Ordinary shares of no par value
Nature of transaction:                  On market sale of vested shares in terms of the LTIP SAR
                                        Scheme
Nature of interest:                     Direct Beneficial
Date of transaction:                    25 November 2020
Number of shares vested and
shares sold:                            36 244
Sale price per share:                   R161.0394
Value of shares:                        R5 836 712.01
In addition, the participant has elected to commit 12 081 shares towards the MSR and to defer
vesting of the CSP and SAR awards to 1 January 2025.

Name:                                  TT Llale
Designation:                           Company Secretary
Company:                               Impala Platinum Holdings Limited
Class of shares:                       Ordinary shares of no par value
Nature of transaction:                 On market sale of vested shares in terms of the LTIP 2012
                                       SAR Scheme
Nature of interest:                    Direct Beneficial
Date of transaction:                   10 November 2020
Number of shares vested and
shares sold:                           491
Sale price per share:                  R159.0000
Value of shares:                       R78 069.00


Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166

Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608

Emma Townshend
E-mail : emma.townshend@implats.co.za
T : +27 (0) 21 794 8345
M : +27 (0) 82 415 3770


2 December 2020
Johannesburg

Sponsor to Implats
Nedbank Corporate and Investment Banking

Date: 02-12-2020 01:34:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.