Dealing in securities by directors and prescribed officers: vesting of shares and settlement by on market sales and equity settlement
Johannesburg, Wednesday, 1 November 2023. In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, 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 on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 149 270 | |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 54 397 | |
| Number of vested shares sold on market: | 94 873 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R8,546 141 | |
| Number of shares retained in own name: | 0 | |
| 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 on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 56 331 | |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 28 165 | |
| Number of vested shares sold on market: | 28 166 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R2,537 188 | |
| Number of shares retained in own name: | 0 | |
| 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 on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 50 578 | |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 25 288 | |
| Number of vested shares sold on market: | 12 000 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R1,080 958 | |
| Number of shares retained in own name: | 13 290 | |
| Total value of shares retained in own name at R90.60: | R1,204 074 | |
| 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 on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 51 025 | |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 25 511 | |
| Number of vested shares sold on market: | 25 514 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R2,298 296 | |
| Number of shares retained in own name: | 0 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 5. | Name of prescribed officer: | M van der Walt |
| Nature of transaction: | Vesting of deferred share awards and settlement by on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 40 659 | |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 16 060 | |
| Number of vested shares sold on market: | 11 437 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R1,030 243 | |
| Number of shares retained in own name: | 13 162 | |
| Total value of shares retained in own name at R90.60: | R1,192 477 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 6. | Name of prescribed officer: | J van Heerden |
| Nature of transaction: | Vesting of deferred share awards and settlement by on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 63 513 | |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 31 755 | |
| Number of vested shares sold on market: | 31 758 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R2,860 754 | |
| Number of shares retained in own name: | 0 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 7. | Name of prescribed officer: | A Buthelezi |
| Nature of transaction: | Vesting of deferred share awards and settlement by on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 39 083 | |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 6 246 | |
| Number of vested shares sold on market: | 25 693 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R2,314 420 | |
| Number of shares retained in own name: | 7 144 | |
| Total value of shares retained in own name at R90.60: | R647 246 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 8. | Name of prescribed officer: | M Naidoo-Vermaak |
| Nature of transaction: | Vesting of deferred share awards and settlement by on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 42 060 | |
| Number of ordinary shares locked up towards minimum shareholding requirement: | 6 765 | |
| Number of vested shares sold on market: | 35 295 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R3,179 367 | |
| Number of shares retained in own name: | 0 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 9. | Name of company secretary: | SS Mohatla |
| Nature of transaction: | Vesting of deferred share awards and settlement by on-market sale of shares, in terms of the Harmony Deferred Share Plan 2018 | |
| Vesting Date: | 18 September 2023 | |
| Class of securities: | Ordinary shares | |
| Number of ordinary shares vested: | 18 610 | |
| Number of vested shares sold on market: | 18 610 | |
| Date of bulk on-market sale of shares: | 26 October 2023 | |
| On-market sale price per share: | Volume weighted average price of R90.0798 per share (with a low of R87.36 per share and a high of R92.20 per share) | |
| Total value of shares sold on market prior to deduction of tax liability: | R1,676 385 | |
| Number of shares retained in own name: | 0 | |
| 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.
Ends.
For more details contact:
Jared Coetzer
Head of Investor Relations
+27 (0) 82 746 4120
Johannesburg, South Africa
1 November 2023
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited