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SIBANYE GOLD LIMITED - Dealing in securities

Release Date: 03/12/2015 16:23
Code(s): SGL     PDF:  
Wrap Text
Dealing in securities

Sibanye Gold Limited
(Reg. No. 2002/031431/06)
(Incorporated in the Republic of South Africa)
(“Sibanye Gold” or “the Company”)

Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL

DEALING IN SECURITIES

Westonaria, 3 December 2015. 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, the
Chief Executive Officer and Mr C Keyter, Chief Financial Officer
of Sibanye Gold Limited, have sold Bonus Shares which were
awarded to them in terms of The Sibanye Gold Limited 2013 Share
Plan on 2 March 2015 to settle the associated tax liability.

Bonus Shares are linked to the annual bonus whereby the
equivalent of two-thirds of the cash bonus is granted in Bonus
Shares.

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 of Bonus Shares.
Transaction Date              2 December 2015
Number of Shares              57 074
Class of Security             Ordinary shares
Market Price per share        R20.8498
Total Value                   R1 189 981.49
Vesting Period                Vest in equal parts on 9 months and
                              18 months of the Grant Date.
Nature of interest            Direct and Beneficial

Nature of transaction         On market sale of Bonus Shares to
                              cover associated tax liability.
Transaction Date              2 December 2015
Number of Shares              23 900
Class of Security             Ordinary shares
Market Price per share        R20.8498
Total Value                   R498 310.22
Vesting Period                Vest in equal parts on 9 months and
                              18 months of the Grant Date.

Name                          C Keyter
Position                      Chief Financial Officer
Company                       Sibanye Gold Limited
Nature of interest            Direct and Beneficial
Nature of transaction         Off market vesting of Bonus Shares.
Transaction Date              2 December 2015
Number of Shares              25 923
Class of Security             Ordinary shares
Market Price per share        R20.6684
Total Value                   R535 786.93
Vesting Period                Vest in equal parts on 9 months and
                              18 months of the Grant Date.
Nature of interest            Direct and Beneficial

Nature of transaction         On market sale of Bonus Shares to
                              cover associated tax liability.
Transaction Date              2 December 2015
Number of Shares              10 887
Class of Security             Ordinary shares
Market Price per share        R20.6684
Total Value                   R225 016.87
Vesting Period                Vest in equal parts on 9 months and
                              18 months 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.

ENDS

Contact

James Wellsted
SVP Investor Relations
Sibanye Gold Limited
+27 83 453 4014
james.wellsted@sibanyegold.co.za

Sponsor

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

Date: 03/12/2015 04:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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