Company announcements Home » Investors » News » Company announcements » Notification of a disposal of beneficial interest in securities and vesting in share appreciation rights and sale of ordinary shares by prescribed officer 2020 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 Notification of a disposal of beneficial interest in securities and vesting in share appreciation rights and sale of ordinary shares by prescribed officerApril 24, 2020Johannesburg, Friday, 24 April 2020. Notification of a disposal of beneficial interest in securities In accordance with section 122(3)(b) of the Companies Act 71 of 2008 (“the Act”), Regulation 121(2)(b) of the Companies Act Regulations, 2011 (“the Regulations”) and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that Harmony has received formal notification that Van Eck Associate Corporation has sold some of their holding in the ordinary shares of the Company, such that the total interest in the ordinary shares in the Company held by Van Eck Associate Corporation now amounts to 9.98% of the total issued shares of the Company. Harmony has, as required by section 122(3)(a) of the Act filed the required notice with the Takeover Regulation Panel. Vesting in share appreciation rights and sale of ordinary shares by a prescribed officer In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed: Name of prescribed officer: B Nel Nature of transaction: The off-market issuance of shares to settle SARS Date of vesting of SARS issued in 2014: 17 November 2019 Date on which SARS issued in 2014 will lapse: 17 November 2020 Number of 2014 SARS vested to date: 12 494 2014 SARS issue value per share: R18.41 1-day Volume Weighted Average price of shares R54.43 Nature of transaction: On market sale of shares Date of sale: 23 April 2020 Number of ordinary shares issued to settle 2014 SARS: 8 268 Selling price per share: R54.99 Day’s highest sale price: R58.75 Day’s lowest sale price: R53.3400 Proceeds for total on market sale: R454 641.61 Class of securities: Ordinary shares Nature and extent of prescribed officer’s interest: Direct beneficial Prior clearance was obtained in respect of the above dealings by the directors. For more details contact: Marian van der Walt Executive: Corporate and Investor Relations +27 (0) 82 888 1242 Max Manoeli Manager: Investor Relations +27 (0) 82 759 1775 JSE Sponsor: J.P. Morgan Equities South Africa Propriety Limited Harmony Gold Mining Company Limited (Harmony), a world-class gold mining and exploration company, has operations and assets in South Africa and Papua New Guinea (PNG). Harmony has close to 70 years’ experience in the industry. Company assets include one open pit mine and several exploration tenements in PNG, as well as 9 underground mines and 1 open pit operation and several surface sources in South Africa. In addition, Harmony owns 50% of the significant Wafi-Golpu copper-gold project – a tier 1 asset – in a joint venture in PNG. The company’s primary stock exchange listing is on the JSE with a secondary listing on the New York Stock Exchange. The bulk of our shareholders are in South Africa and the United States. Additional information on the company is available on the corporate website, www.harmony.co.za.
