To view the PDF file, sign up for a MySharenet subscription.

SIBANYE GOLD LIMITED - Inclusion in the FTSE / JSE Top 40 Index

Release Date: 07/09/2016 09:21
Code(s): SGL     PDF:  
Wrap Text
Inclusion in the FTSE / JSE Top 40 Index

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

INCLUSION IN THE FTSE/JSE TOP 40 INDEX

Westonaria, 7 September 2016: Sibanye (JSE: SGL & NYSE: SBGL) is
pleased to inform shareholders that from 19 September 2016 it
will be included in the FTSE/JSE Top 40 index, with an initial
ranking at 34th position. This follows the September 2016 index
review by the JSE.

Neal Froneman, CEO of Sibanye, commenting on the inclusion, said:
“Sibanye’s inclusion in the FTSE/JSE Top 40 index is a
significant milestone. Considering the relatively short history
since the Group listed in February 2013 with a market
capitalisation of less than R10 billion, to now be recognised as
one of the 40 largest companies listed on the JSE, is something I
am extremely proud of and highlights the significant returns
Sibanye has delivered to shareholders. Sibanye investors have
received total returns from share price appreciation and
dividends of over 350% in the last three and a half years, or a
compound annual growth rate of over 50% per annum.”

“Inclusion in the FTSE/JSE Top 40 Index is likely to provide
further share price benefits as funds tracking the index, will be
required to include Sibanye shares in their portfolios in
future,” Froneman concluded.


CONTACT

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

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

FORWARD-LOOKING STATEMENTS

Certain statements in this document constitute “forward-looking
statements” within the meaning of Section 27A of the US
Securities Act of 1933 and Section 21E of the US Securities
Exchange Act of 1934.

These forward-looking statements, including, among others, those
relating to Sibanye’s future business prospects, revenues and
income, wherever they may occur in this document and the exhibits
to this document, are necessarily estimates reflecting the best
judgment of the senior management and directors of Sibanye, and
involve a number of known and unknown risks and uncertainties
that could cause actual results, performance or achievements of
the Group to differ materially from those suggested by the
forward-looking statements. As a consequence, these forward-
looking statements should be considered in light of various
important factors, including those set forth in this document.
Important factors that could cause the actual results to differ
materially from estimates or projections contained in the
forward-looking statements include, without limitation: economic,
business, political and social conditions in South Africa,
Zimbabwe and elsewhere; changes in assumptions underlying
Sibanye’s estimation of its current Mineral Reserves and
Resources; the ability to achieve anticipated efficiencies and
other cost savings in connection with past and future
acquisitions, as well as at existing operations; the ability of
Sibanye to successfully integrate acquired businesses and
operations (whether in the gold mining business or otherwise)
into its existing businesses; the success of Sibanye’s business
strategy, exploration and development activities; the ability of
Sibanye to comply with requirements that it operate in a
sustainable manner; changes in the market price of gold, platinum
group metals (“PGMs”) and/or uranium; the occurrence of hazards
associated with underground and surface gold, PGMs and uranium
mining; the occurrence of labour disruptions and industrial
action; the availability, terms and deployment of capital or
credit; changes in relevant government regulations, particularly
environmental, tax health and safety regulations and new
legislation affecting water, mining, mineral rights and business
ownership, including any interpretations thereof which may be
subject to dispute; the outcome and consequence of any potential
or pending litigation or regulatory proceedings or other
environmental, health and safety issues; power disruptions,
constraints and cost increases; supply chain shortages and
increases in the price of production inputs; fluctuations in
exchange rates, currency devaluations, inflation and other macro-
economic monetary policies; the occurrence of temporary stoppages
of mines for safety incidents and unplanned maintenance;
Sibanye’s ability to hire and retain senior management or
sufficient technically skilled employees, as well as its ability
to achieve sufficient representation of historically
disadvantaged South Africans’ in its management positions;
failure of Sibanye’s information technology and communications
systems; the adequacy of Sibanye’s insurance coverage; any social
unrest, sickness or natural or man-made disaster at informal
settlements in the vicinity of some of Sibanye’s operations; and
the impact of HIV, tuberculosis and other contagious diseases.
These forward-looking statements speak only as of the date of
this document.
The Group 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 document or to
reflect the occurrence of unanticipated events.

Date: 07/09/2016 09:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story