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Dealings in securities by directors: Share Vestings and on Market Sales

In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed:

A. Dealing in securities: Share vesting and on market sales

In terms of provisions of the Harmony Share Plan, performance shares vest after 3 years.

1. Name of director: GP Briggs (Chief Executive Officer)
  Nature of transaction: Off market vesting
  Date: 16 November 2015
  Class of Securities: Ordinary Shares
  Number of performance shares  vested and retained in own name: 44 615
  Vesting price per share: R8.78
  Total value of shares vested: R391 719.70 (pre-tax)
  Nature and extent of directors interest: Direct beneficial
2. Name of director: F Abbott (Financial Director)
  Nature of transaction: Off market vesting
  Date: 16 November 2015
  Class of Securities: Ordinary Shares
  Number of performance shares vested and retained in own name: 18 547
  Vesting price per share: R8.78
  Total value of shares vested: R162 842.66 (pre-tax)
  Nature and extent of directors interest: Direct beneficial
3. Name of director: HE Mashego (Executive Director)
  Nature of transaction: Off market vesting and on market sale of performance shares (ordinary shares)
  Date: 16 November 2015
  Class of Securities: Ordinary Shares
  Number of performance shares vested and retained in own name: 13 153
  Vesting price per share: R8.78
  Total value of shares vested: R115 483.34
  Number of performance shares sold on market to cover tax: 5 393
  Market price per share sold: R8.78
  Proceeds for on market sale to cover tax: R47 350.54
  Number of shares retained in own name: 7 760
  Nature and extent of directors interest: Direct beneficial
4. Name of director: R Bisschoff (Company Secretary)
  Nature of transaction: Off market vesting and on market sale of performance shares (ordinary shares)   
  Date: 16 November 2015
  Class of Securities: Ordinary Shares
  Number of performance shares vested and retained in own name: 4 971
  Vesting price per share: R8.78
  Total value of shares vested: R43 645.38 (pre-tax)
  Nature and extent of directors interest: Direct beneficial

B. Dealing in securities by directors: Share grants

In line with the provisions of the Harmony Share Plan, incentives / shares are allocated to directors in November of each year.

1. Name of director: GB Briggs (Chief Executive Officer)
  Nature of transaction: Off market grant of performance shares
  Periods of vesting: Performance shares vest after three years.
  Date 16 November 2015
  Class of Securities: Performance shares
  Number of share appreciation rights allocated: 550 000
  Matching shares granted, supplementing restricted shares not exercised: 32 684
  Nature and extent of director’s interest: Direct beneficial
2. Name of director: F Abbott (Financial Director)
  Nature of transaction: Off market grant of performance shares
  Periods of vesting: Performance shares vest after three years.
  Date 16 November 2015
  Class of Securities: Performance shares
  Number of performance shares awarded: 736 809
  Matching shares granted, supplementing restricted shares not exercised: 63 408
  Nature and extent of director’s interest: Direct beneficial
3. Name of director: HE Mashego (Executive Director)
  Nature of transaction: Off market grant of performance shares
  Periods of vesting: Performance shares vest after three years.
  Date 16 November 2015
  Class of Securities: Performance shares
  Number of share appreciation rights allocated: 455 758
  Number of performance shares allocated: 35 082
  Nature and extent of director’s interest: Direct beneficial
5. Name of director: Riana Bisschoff (Company Secretary)
  Nature of transaction: Off market grant of performance shares
  Periods of vesting: Performance shares vest after three years.
  Date 16 November 2015
  Class of Securities: Performance shares
  Number of performance shares allocated: 152 972
  Nature and extent of director’s interest: Direct beneficial

Prior clearance was obtained in respect of the above dealings by the directors.

For more details contact:

For more details contact:

Henrika Ninham
Investor Relations Manager
+27 (0) 82 759 1775 (mobile)

Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)

20 November 2015

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

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