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SIBANYE GOLD LIMITED - Dealings in securities

Release Date: 09/03/2016 09:17
Code(s): SGL     PDF:  
Wrap Text
Dealings 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, 9 March 2016. 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, Mr C Keyter
and Mr C Farrel have accepted Performance and Bonus Shares
granted on 1 March 2016 (“the Grant Date”), in terms of the
Sibanye Gold 2013 Share Plan as set out below.

Performance Shares are conditionally awarded with the final
number settled after three years dependent on market and non-
market conditions being met. The number of shares to be settled
will range from 0% to 100% of the conditional award.        The
determined number of Performance Vesting Restricted Shares will
be settled to the participant in shares.

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 transaction are   set out below:
Name                             NJ Froneman
Position                         Chief Executive Officer
Company                          Sibanye Gold Limited
No   of  Performance   Shares    587 890
granted
No of Bonus Shares granted       66 882
Performance Share and Bonus      Nil
Share strike price
Date of acceptance of grant      8 March 2016
Class of underlying security     Ordinary shares
to which rights attach
Nature of transaction            Off market acceptance of Performance
                                 Shares and Bonus Shares
Vesting Period                   The Performance Shares vest on the
                                 third anniversary of the Grant Date
                                 and the Bonus Shares vest in equal
                                 parts on 9 months and 18 months of
                                 the Grant Date
Nature of interest               Direct and Beneficial


Name                            C Keyter
Position                        Chief Financial Officer
Company                         Sibanye Gold Limited
No   of  Performance   Shares   267 135
granted
No of Bonus Shares granted      34 223
Performance Share and Bonus     Nil
Share strike price
Date of acceptance of grant     7 March 2016
Class of underlying security    Ordinary shares
to which rights attach
Nature of transaction           Off market acceptance of Performance
                                Shares and Bonus Shares
Vesting Period                  The Performance Shares vest on the
                                third anniversary of the Grant Date
                                and the Bonus Shares vest in equal
                                parts on 9 months and 18 months of
                                the Grant Date
Nature of interest              Direct and Beneficial


Name                            C Farrel
Position                        Company Secretary
Company                         Sibanye Gold Limited
No   of  Performance   Shares   75 262
granted
No of Bonus Shares granted      11 080
Performance Share and Bonus     Nil
Share strike price
Date of acceptance of grant     7 March 2016
Class of underlying security    Ordinary shares
to which rights attach
Nature of transaction           Off market acceptance of Performance
                                Shares and Bonus Shares
Vesting Period                  The Performance Shares vest on the
                                third anniversary of the Grant Date
                                and the Bonus Shares vest in equal
                                parts on 9 months and 18 months of
                                the Grant Date
Nature of interest              Direct and Beneficial


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 Ltd

Date: 09/03/2016 09:17:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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