Dealing in securities by directors and prescribed officers: vesting of shares and settlement by on market sales and equity settlement
Johannesburg, Thursday, 23 September 2021. In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed:
A. DEALING IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICERS: VESTING OF SHARES AND SETTLEMENT BY ON MARKET SALES AND EQUITY SETTLEMENT
The following dealings in securities by directors and prescribed officers of Harmony in relation to the vesting and settlement of deferred share awards made pursuant to the provisions of the Harmony Deferred Share Plan 2018 are disclosed:
| 1. Name of director: | PW Steenkamp (Chief Executive Officer) |
| Nature of transaction: | Vesting of deferred share awards and settlement by (i) on-market sale of shares and (ii) off-market equity settlement, in terms of the Harmony Deferred Share Plan 2018 |
| Vesting Date: | 18 September 2021 |
| Class of securities: | Ordinary shares |
| Number of ordinary shares vested: | 34 532 |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 17 265 |
| Number of vested shares sold on market to cover tax: | 8 028 |
| Date of conclusion of bulk on-market sale of shares: | 21 September 2021 |
| On-market sale price per share: | Volume weighted average price of R47.24 per share (with a low of R46.60 per share and a high of R48.25 per share) |
| Total value of shares sold on market to cover tax: | R379 227 |
| Number of shares retained in own name: | 9 239 |
| Total value of shares retained in own name: | R436 432 |
| Nature and extent of prescribed officer’s interest: | Direct beneficial |
| 2. Name of director: | BP Lekubo (Financial Director) |
| Nature of transaction: | Vesting of deferred share awards and settlement by (i) on-market sale of shares and (ii) off-market equity settlement, in terms of the Harmony Deferred Share Plan 2018 |
| Vesting Date: | 18 September 2021 |
| Class of securities: | Ordinary shares |
| Number of ordinary shares vested: | 18 192 |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 5 749 |
| Number of vested shares sold on market to cover tax: | 5 785 |
| Date of conclusion of bulk on-market sale of shares: | 21 September 2021 |
| On-market sale price per share: | Volume weighted average price of R47.24 per share (with a low of R46.60 per share and a high of R48.25 per share) |
| Total value of shares sold on market to cover tax: | R273 272 |
| Number of shares retained in own name: | 6 658 |
| Total value of shares retained in own name: | R314 511 |
| Nature and extent of prescribed officer’s interest: | Direct beneficial |
| 3. Name of director: | HE Mashego (Executive Director) |
| Nature of transaction: | Vesting of deferred share awards and settlement by (i) on-market sale of shares and (ii) off-market equity settlement, in terms of the Harmony Deferred Share Plan 2018 |
| Vesting Date: | 18 September 2021 |
| Class of securities: | Ordinary shares |
| Number of ordinary shares vested: | 15 055 |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 7 527 |
| Number of vested shares sold on market to cover tax: | 3 499 |
| Date of conclusion of bulk on-market sale of shares: | 21 September 2021 |
| On-market sale price per share: | Volume weighted average price of R47.24 per share (with a low of R46.60 per share and a high of R48.25 per share) |
| Total value of shares sold on market to cover tax: | R165 286 |
| Number of shares retained in own name: | 4 029 |
| Total value of shares retained in own name: | R190 322 |
| Nature and extent of prescribed officer’s interest: | Direct beneficial |
| 4. Name of prescribed officer: | B Nel |
| Nature of transaction: | Vesting of deferred share awards and settlement by (i) on-market sale of shares and (ii) off-market equity settlement, in terms of the Harmony Deferred Share Plan 2018 |
| Vesting Date: | 18 September 2021 |
| Class of securities: | Ordinary shares |
| Number of ordinary shares vested: | 15 093 |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 7 546 |
| Number of vested shares sold on market to cover tax: | 3 508 |
| Date of conclusion of bulk on-market sale of shares: | 21 September 2021 |
| On-market sale price per share: | Volume weighted average price of R47.24 per share (with a low of R46.60 per share and a high of R48.25 per share) |
| Total value of shares sold on market to cover tax: | R165 711 |
| Number of shares retained in own name: | 4 039 |
| Total value of shares retained in own name: | R190 794 |
| Nature and extent of prescribed officer’s interest: | Direct beneficial |
| 5. Name of prescribed officer: | VP Tobias |
| Nature of transaction: | Vesting of deferred share awards and settlement by (i) on-market sale of shares and (ii) off-market equity settlement, in terms of the Harmony Deferred Share Plan 2018 |
| Vesting Date: | 18 September 2021 |
| Class of securities: | Ordinary shares |
| Number of ordinary shares vested: | 17 556 |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 8 778 |
| Number of vested shares sold on market to cover tax: | 4 081 |
| Date of conclusion of bulk on-market sale of shares: | 21 September 2021 |
| On-market sale price per share: | Volume weighted average price of R47.24 per share (with a low of R46.60 per share and a high of R48.25 per share) |
| Total value of shares sold on market to cover tax: | R192 778 |
| Number of shares retained in own name: | 4 697 |
| Total value of shares retained in own name: | R221 877 |
| Nature and extent of prescribed officer’s interest: | Direct beneficial |
| 6. Name of prescribed officer: | M van der Walt |
| Nature of transaction: | Vesting of deferred share awards and settlement by (i) on-market sale of shares and (ii) off-market equity settlement, in terms of the Harmony Deferred Share Plan 2018 |
| Vesting Date: | 18 September 2021 |
| Class of securities: | Ordinary shares |
| Number of ordinary shares vested: | 14 949 |
| Number of vested shares sold on market to cover tax: | 6 951 |
| Date of conclusion of bulk on-market sale of shares: | 21 September 2021 |
| On-market sale price per share: | Volume weighted average price of R47.24 per share (with a low of R46.60 per share and a high of R48.25 per share) |
| Total value of shares sold on market to cover tax: | R328 351 |
| Number of shares retained in own name: | 7 998 |
| Total value of shares retained in own name: | R377 810 |
| Nature and extent of prescribed officer’s interest: | Direct beneficial |
| 7. Name of prescribed officer: | J van Heerden |
| Nature of transaction: | Vesting of deferred share awards and settlement by (i) on-market sale of shares and (ii) off-market equity settlement, in terms of the Harmony Deferred Share Plan 2018 |
| Vesting Date: | 18 September 2021 |
| Class of securities: | Ordinary shares |
| Number of ordinary shares vested: | 24 578 |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 12 288 |
| Date of conclusion of bulk on-market sale of shares: | 21 September 2021 |
| On-market sale price per share: | Volume weighted average price of R47.24 per share (with a low of R46.60 per share and a high of R48.25 per share) |
| Number of shares retained in own name: | 12 290 |
| Total value of shares retained in own name: | R580 555 |
| Nature and extent of prescribed officer’s interest: | Direct beneficial |
Prior clearance was obtained in respect of the above dealings in securities in compliance with paragraph 3.66 of the JSE Listings Requirements.
For more details contact:
Jared Coetzer
Head of Investor Relations
+27 (0) 82 746 4120
Jared.Coetzer@Harmony.co.za
Johannesburg, South Africa
23 September 2021
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited