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Issuance of R2billion floating rate notes under the Valterra Platinum R10 billion domestic medium term note programme

18 May, 2026

Valterra Platinum on Friday 15 May 2026 announced that it successfully concluded an inaugural auction and issuance of floating rate notes to the value of R2 billion under the Company’s R10 billion Domestic Medium Term Note Programme, as amended and/or supplemented from time to time.

Robust demand from institutional investors drove bids in excess of R5.8 billion from 23 investors. The oversubscription enabled Valterra Platinum to increase the issuance size, successfully raising R2 billion across the three notes at attractive pricing, demonstrating strong investor confidence and market demand.

Sayurie Naidoo, Valterra Platinum CFO said: “The success of our inaugural bond auction marks a defining milestone for Valterra Platinum and reflects investors’ confidence in the quality of the Company’s assets, the strength of its balance sheet, and our long-term strategy. Through this issuance, we continue to optimise our funding profile while maintaining a disciplined approach to capital allocation”.


For further information, please contact:

Company Secretary:
Fiona Edmundson
[email protected]

Investors:
Leroy Mnguni
[email protected]

Marcela Grochowina
[email protected]

Media:
Cindy Maneveld
[email protected]

 

About Valterra Platinum

Valterra Platinum is one of the world’s leading integrated producers of platinum group metals (PGMs) with a primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange. We operate world class, long-life mines and the industry’s most efficient processing assets, responsibly mining, smelting, and refining PGMs and associated co-products from operations located in South Africa and Zimbabwe. With integrated marketing hubs in London, Singapore and Shanghai, we deliver tailored solutions for our customers. We continue to integrate sustainability into everything we do, invest in our mining and processing capabilities and advance market development initiatives to grow and commercialise new demand segments. We make a meaningful impact in the communities where we operate and remain committed to delivering consistent and superior returns to shareholders. Guided by our purpose of unearthing value to better our world, we are committed to zero harm, disciplined capital allocation and delivery on our value-accretive strategic priorities.

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