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SIBANYE GOLD LIMITED - Dealing in securities

Release Date: 08/03/2017 13:05
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, 8 March 2017. In compliance with paragraphs 3.63 to
3.74 of the Listings Requirements of JSE Limited ("the Listings
Requirements") we hereby advise that Mr C Keyter, Chief Financial
Officer and Mr C Farrel, Company Secretary of Sibanye Gold
Limited, has bought and/or sold Performance Shares which were
granted to them on 3 March 2014 (“the Grant Date). Messrs Keyter
and Farrel sold their Performance Shares in order to settle their
associated tax liability.

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
ranges from 0% to 200% of the conditional award. The determined
number of Performance Vesting Restricted Shares are settled to
the participant in shares.

Details of the transactions are set out below:
Name                           C Keyter
Position                       Chief Financial Officer
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               6 March 2017
Number of Shares               130 924
Class of Security              Ordinary shares
Market Price per share:
Low –                          R25.2000
High –                         R25.7600
VWAP -                         R25.3945
Total Value                    R3 324 749.52
Vesting Period                 The Performance Shares vest on the
                               third anniversary of the Grant Date.

Nature of transaction         On market purchase    of   Performance
                              Shares
Transaction Date              6 March 2017
Number of Shares              180 796
Class of Security             Ordinary shares
Market Price per share:
Low –                         R25.1304
High –                        R25.1304
VWAP -                        R25.1304
Total Value                   R4 543 475.80
Vesting Period                The Performance Shares vest on the
                              third anniversary of the Grant Date.
Name                          C Farrel
Position                      Company Secretary
Nature of interest            Direct and Beneficial
Nature of transaction         On market sale of Performance Shares
                              to cover associated tax liability.
Transaction Date              6 March 2017
Number of Shares              54 200
Class of Security             Ordinary shares
Market Price per share:
Low –                         R25.1700
High –                        R25.1700
VWAP -                        R25.1700
Total Value                   R 1 364 214.00
Vesting Period                The Performance Shares vest on the
                              third anniversary of the Grant Date.

Nature of transaction         On market purchase    of   Performance
                              Shares
Transaction Date              6 March 2017
Number of Shares              63 538
Class of Security             Ordinary shares
Market Price per share:
Low –                         R25.1304
High –                        R25.1304
VWAP -                        R25.1304
Total Value                   R 1 596 735.35
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.

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: 08/03/2017 01:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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