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SIBANYE GOLD LIMITED - Dealing in securities

Release Date: 28/03/2018 11:43
Code(s): SGL     PDF:  
Wrap Text
Dealing in securities

Sibanye Gold Limited
Trading as Sibanye-Stillwater
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye-Stillwater” or “the Group” or “the Company”)

DEALING IN SECURITIES

Johannesburg, 28 March 2018. In compliance with paragraphs 3.63 to 3.74 of the
Listings Requirements of JSE Limited ("the Listings Requirements") we hereby advise
that Mr NJ Froneman, Chief Executive Officer and Mr C Farrel, Company Secretary of
Sibanye Gold Limited have retained and/ or sold their Performance Shares which were
granted on 2 March 2015 (“the Grant Date”) in terms of The Sibanye Gold Limited 2013
Share Plan. Mr C Farrel has sold Performance Shares which were awarded to him in
order to settle the associated tax liability.

Details of the transactions are set out below:


Name                            NJ Froneman
Position                        Chief Executive Officer
Company                         Sibanye Gold Limited
Nature of interest              Direct and Beneficial
Nature of transaction           Off market vesting and retention of
                                performance shares
Transaction Date                27 March 2018
Number of Shares                449 627
Class of Security               Ordinary shares
Market Price per share:         R11.6466
Total Value                     R5 236 625.82
Vesting Period                  The Performance Shares vest on the
                                third anniversary of the Grant Date.

Name                            NJ Froneman
Position                        Chief Executive Officer
Company                         Sibanye Gold Limited
Nature of interest              Direct and Beneficial
Nature of transaction           Off market vesting and retention of
                                supplementary performance shares in
                                respect    of   previously    awarded
                                performance shares
Transaction Date                27 March 2018
Number of Shares                232 772
Class of Security               Ordinary shares
Market Price per share:         R11.6466
Total Value                     R2 711 002.38
Vesting Period                  The Performance Shares vest on the
                                third anniversary of the Grant Date.
Name                      NJ Froneman
Position                  Chief Executive Officer
Company                   Sibanye Gold Limited
Nature of interest        Direct and Beneficial
Nature of transaction     Off market vesting and retention of
                          capitalisation performance shares in
                          respect    of   previously    awarded
                          performance shares
Transaction Date          27 March 2018
Number of Shares          13 648
Class of Security         Ordinary shares
Market Price per share:   R11.6466
Total Value               R158 952.80
Vesting Period            The Performance Shares vest on the
                          third anniversary of the Grant Date.

Name                      C Farrel
Position                  Company Secretary
Company                   Sibanye Gold Limited
Nature of interest        Direct and Beneficial
Nature of transaction     Off market vesting and retention of
                          performance shares
Transaction Date          26 March 2018
Number of Shares          16 697
Class of Security         Ordinary shares
Market Price per share:   R11.6466
Total Value               R194 463.28
Vesting Period            The Performance Shares vest on the
                          third anniversary of the Grant Date.

Name                      C Farrel
Position                  Company Secretary
Company                   Sibanye Gold Limited
Nature of interest        Direct and Beneficial
Nature of transaction     Off market vesting and retention of
                          supplementary performance shares in
                          respect    of   previously    awarded
                          performance shares
Transaction Date          26 March 2018
Number of Shares          30 025
Class of Security         Ordinary shares
Market Price per share:   R11.6466
Total Value               R349 689.17
Vesting Period            The Performance Shares vest on the
                          third anniversary of the Grant Date.

Name                      C Farrel
Position                  Company Secretary
Company                   Sibanye Gold Limited
Nature of interest        Direct and Beneficial
Nature of transaction     Off market vesting and retention of
                          capitalisation performance shares in
                          respect    of   previously   awarded
                          performance shares
Transaction Date               26 March 2018
Number of Shares               1 760
Class of Security              Ordinary shares
Market Price per share:        R11.6466
Total Value                    R20 498.02
Vesting Period                 The Performance Shares vest on the
                               third anniversary of the Grant Date.

Name                           C Farrel
Position                       Company Secretary
Company                        Sibanye Gold Limited
Nature of interest             Direct and Beneficial
Nature of transaction          On market sale of performance shares
                               to cover associated tax liability.
Transaction Date               26 March 2018
Number of Shares               41 300
Class of Security              Ordinary shares
Market Price per share:        R12.000
Total Value                    R495 600.00
Vesting Period                 The Performance Shares vest on the
                               third anniversary of the Grant Date.


In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to
deal in the above securities has been obtained.
Contact:
James Wellsted
Head of Investor Relations
+27 (0) 83 453 4014
email: ir@sibanyestillwater.com
Sponsor: J.P. Morgan Equities South Africa (Proprietary) Limited

FORWARD LOOKING STATEMENTS
This announcement includes “forward-looking statements” within the meaning
of the “safe harbour” provisions of the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be identified
by the use of words such as “target”, “will”, “forecast”, “expect”,
“potential”, “intend”, “estimate”, “anticipate”, “can” and other similar
expressions that predict or indicate future events or trends or that are not
statements of historical matters. The forward-looking statements set out in
this announcement involve a number of known and unknown risks, uncertainties
and other factors, many of which are difficult to predict and generally beyond
the control of Sibanye-Stillwater, that could cause Sibanye-Stillwater’s
actual results and outcomes to be materially different from historical results
or from any future results expressed or implied by such forward-looking
statements. These forward-looking statements speak only as of the date of
this announcement. Sibanye-Stillwater undertakes no obligation to update
publicly or release any revisions to these forward-looking statements to
reflect events or circumstances after the date of this announcement or to
reflect the occurrence of unanticipated events, save as required by applicable
law.

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