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Issued by Harmony Gold
Mining Company Limited
For more details contact:
Henrika Ninham
Investor Relations Manager
+27(0) 82 759 1775
Marian van der Walt
Executive: Corporate and Investor
Relations
+27(0) 82 888 1242
Corporate office:
Randfontein Office Park
P O Box 2
Randfontein
South Africa 1760
T +27 (11) 411 2000
Listing codes:
JSE:
HAR
NYSE: HMY
ISIN no:
ZAE000015228
Registration no: 1950/038232/06
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. Harmony,
which has more than 60 years’
experience in the industry, is the third
largest gold producer in South Africa.
Our assets include 9 underground
mines and 1 open pit operation and
several surface sources in South Africa.
Our assets in PNG – an open pit mine
(Hidden Valley), as well as the
significant Golpu project – are held in a
joint venture. We also own several
exploration tenements, in Papua New
Guinea.
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.
Harmony takes steps to address Continued Listing Standard
Notice received from NYSE
Johannesburg: Friday, 11 September 2015. Harmony Gold Mining Company
Limited (“Harmony” or “the Company”) advises that the Company (ticker on NYSE:
HMY) was notified by the New York Stock Exchange (“NYSE”) on the 8th of
September 2015 that the trading price of the Harmony American Depositary Receipt
(“ADR” or “Harmony ADR”) has fallen below the NYSE’s continued listing standard.
The NYSE requires that a Harmony ADR’s minimum average closing price should not
be less than US$1.00 per ADR over a period of 30 consecutive trading days.
The NYSE notification does not affect the Company’s Securities and Exchange
Commission reporting requirements and has no impact on the Harmony’s business
operations.
Under the NYSE’s rules, the Company has a period of six months from the date of
receipt of the NYSE notice to regain compliance with the minimum share price
requirement. During this period, the Harmony ADR will continue to be traded on the
NYSE, subject to the Company’s compliance with other NYSE listing requirements.
Harmony intends to consider available alternatives - such as changing the ratio
between the ADRs and the underlying ordinary shares (also referred to as a ‘reverse
stock split’) - to cure the share price deficiency and return to compliance with the
NYSE’s continued listing standard. Any action taken to ensure compliance is not
expected to affect Harmony’s market capitalization.
ends.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the United States Private
Securities Litigation Reform Act of 1995 with respect to Harmony’s financial condition, results of operations,
business strategies, operating efficiencies, competitive positions, growth opportunities for existing services,
plans and objectives of management, markets for stock and other matters. Statements in this
announcement that are not historical facts are “forward-looking statements” for the purpose of the safe