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SIBANYE GOLD LIMITED - Dealing in securities

Release Date: 19/03/2018 17:00
Code(s): SGL     PDF:  
Wrap Text
Dealing in securities

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

DEALING IN SECURITIES

Johannesburg, 19 March 2018. 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 of Sibanye Gold Limited has retained and/
or sold his Performance Shares which were granted on 2 March 2015 (“the Grant Date”)
in terms of The Sibanye Gold Limited 2013 Share Plan. Mr C Keyter has sold Performance
Shares which were awarded to him in order to settle the associated tax liability.

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            Retention of performance shares
Transaction Date                 15 March 2018
Number of Shares                 111 507
Class of Security                Ordinary shares
Market Price per share:
                                 R11.6466

Total Value                      R1 298 677.43
Vesting Period                   The Performance Shares vest on the
                                 third anniversary of the Grant Date.

Name                             C Keyter
Position                         Chief Financial Officer
Company                          Sibanye Gold Limited
Nature of interest               Direct and Beneficial
Nature of transaction            Retention       of      capitalisation
                                 performance shares in respect of
                                 previously awarded performance shares
Transaction Date                 15 March 2018
Number of Shares                 3 381
Class of Security                Ordinary shares
Market Price per share:          R11.6466

Total Value                      R39 377.15
Vesting Period                   The Performance Shares vest on the
                                 third anniversary of the Grant Date.

Name                             C Keyter
Position                         Chief Financial Officer
Company                          Sibanye Gold Limited
Nature of interest               Direct and Beneficial
Nature of transaction            Retention       of      supplementary
                                 performance shares in respect of
                                 previously awarded performance shares
Transaction Date                 15 March 2018
Number of Shares                 57 719
Class of Security                Ordinary shares
Market Price per share:          R11.6466

Total Value                      R672 230.11
Vesting Period                   The Performance Shares vest on the
                                 third anniversary of the Grant Date.

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                 15 March 2018
Number of Shares                 93 573
Class of Security                Ordinary shares
Market Price per share:
Low –                            R11.3500
High –                           R11.4100
VWAP -                           R11.3332
Total Value                      R1 060 481.52
Vesting Period                   The Performance Shares vest on the
                                 third anniversary of the Grant Date.


Name                             C Keyter
Position                         Chief Financial Officer
Company                          Sibanye Gold Limited
Nature of interest               Direct and Beneficial
Nature of transaction            On market sale of capitalisation
                                 performance shares to cover associated
                                 tax liability.
Transaction Date                 15 March 2018
Number of Shares                 2 845
Class of Security                Ordinary shares
Market Price per share:
Low –                            R11.3500
High –                           R11.4100
VWAP -                           R11.3332
Total Value                      R32 242.95
Vesting Period                   The Performance Shares vest on the
                                 third anniversary of the Grant Date.

Name                             C Keyter
Position                         Chief Financial Officer
Company                          Sibanye Gold Limited
Nature of interest               Direct and Beneficial
Nature of transaction            On market sale of supplementary
                                 performance shares in respect of
                                 previously awarded performance shares
Transaction Date                 15 March 2018
Number of Shares                 48 451
Class of Security                Ordinary shares
Market Price per share:
Low –                            R11.3500
High –                           R11.4100
VWAP -                           R11.3332
Total Value                      R549 104.87
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.

Contact:
James Wellsted
Head of Investor Relations
+27 (0) 83 453 4014
email: ir@sibanyestillwater.com

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

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-Stillwater, that could cause Sibanye-Stillwater’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-Stillwater 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.

Date: 19/03/2018 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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