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SIBANYE GOLD LIMITED - Dealing in securities arising out of Rights Offer

Release Date: 30/05/2017 15:32
Code(s): SGL     PDF:  
Wrap Text
Dealing in securities arising out of Rights Offer

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” and/or “the Group”)

DEALING IN SECURITIES ARISING OUT OF RIGHTS OFFER

Westonaria, 30 May 2017. Pursuant to the rights offer announced
on SENS on 18 May 2017 (the “Rights Offer”), directors of the
Company received Rights in terms of the Rights Offer.          In
compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of JSE Limited ("the Listings Requirements") Sibanye
wishes to advise that a Director and Company Secretary sold a
portion of their rights received and intend to use the proceeds
received to subscribe for Rights Offer shares attaching to the
remaining rights. Details are as follows:

Director's Name            :   Charl Keyter
Company                    :   Sibanye
Date of transaction        :   25 May 2017
Nature of transaction      :   On market sale of rights
Number of Rights Sold      :   496 000
Price                      :   R7.06
Value of transaction       :   R3 501 760
Class of security          :   Rights
Extent of interest         :   Direct beneficial

Company Secretary’s Name   :   Cain Farrel
Company                    :   Sibanye
Date of transaction        :   29 May 2017
Nature of transaction      :   On market sale of rights
Number of Rights Sold      :   276 964
Price                      :   R5.70
Value of transaction       :   R1 578 694.80
Class of security          :   Rights
Extent of interest         :   Direct 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: J.P. Morgan Equities South Africa Proprietary Ltd
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,
that could cause Sibanye’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 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.

Each of the Underwriters are acting exclusively for the Group and
no one else in connection with the Rights Offer. They will not
regard any other person (whether or not a recipient of this
announcement) as their respective clients in relation to the
Rights Offer and will not be responsible to anyone other than the
Group for providing the protections afforded to their respective
clients nor for giving advice in relation to the Rights Offer or
any transaction or arrangement referred to herein.

No representation or warranty, express or implied, is made by any
of the Underwriters as to the accuracy, completeness or
verification of the information set forth in this announcement,
and nothing contained in this announcement is, or shall be relied
upon as, a promise or representation in this respect, whether as
to the past or the future. None of the Underwriters assumes any
responsibility for the accuracy, completeness or verification of
the information set forth in this announcement and, accordingly,
disclaim each of the Underwriters, to the fullest extent
permitted by applicable law, any and all liability which they
might otherwise be found to have in respect of this announcement
or any such statement.

Prospectus; No Offer or Solicitation
Sibanye has filed a registration statement (including a
prospectus) and prospectus supplement with the Securities and
Exchange   Commission  (“SEC”)   relating  to  Sibanye’s   rights
offering. Before you invest, you should read the prospectus in
that registration statement, the prospectus supplement and other
documents Sibanye will file and has filed with the SEC for more
complete information about Sibanye and the rights offering. You
may get these documents, when available, for free by visiting
EDGAR on the SEC web site at www.sec.gov or by visiting Sibanye’s
website at www.sibanyegold.co.za. Alternatively, Sibanye, any
Underwriter or any dealer participating in the Rights Offer will
arrange to send you the registration statement, prospectus and
prospectus supplement, when available, if you request it by
calling    toll-free    (800)    322-2885    or    by    emailing
rightsoffer@mackenziepartners.com.  This   announcement  is   for
informational purposes only and does not constitute: (i) an offer
to sell, or a solicitation of offers to purchase or subscribe
for, securities in the United States or any other jurisdiction;
or (ii) investment advice in any jurisdiction relating to the
securities discussed herein.

Date: 30/05/2017 03:32:00 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.

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