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SIBANYE GOLD LIMITED - Dealing in securities

Release Date: 19/12/2017 15:41
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 December 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 NJ Froneman, Chief Executive Officer of Sibanye Gold Limited has
retained his Bonus Shares which were granted on 1 March 2017 (“the Grant Date”) in
terms of The Sibanye Gold Limited 2013 Share Plan. Mr C Keyter, Chief Financial
Officer and Mr C Farrel, Company Secretary have retained and/ or sold Bonus Shares
which were granted to them on 1 March 2017. Messrs C Keyter and C Farrel have sold
Bonus Shares which were awarded to them in order to settle the associated tax
liability.

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 transactions are set out below:
Name                           NJ Froneman
Position                       Chief Executive Officer
Company                        Sibanye Gold Limited
Nature of interest             Direct and Beneficial
Nature of transaction          Retention of bonus shares
Transaction Date               15 December 2017
Number of Shares               50 701
Class of Security              Ordinary shares
Market Price per share:
Low –                          R15.0750
High –                         R15.0750
VWAP -                         R15.0750
Total Value                    R 764 317.58
Vesting Period                 Vest in equal parts on 9 months and
                               18 months of the Grant Date.

Name                          NJ Froneman
Position                      Chief Executive Officer
Company                       Sibanye Gold Limited
Nature of interest            Direct and Beneficial
Nature of transaction         Retention of capitalisation bonus
                              shares in respect of previously
                              awarded bonus shares
Transaction Date              15 December 2017
Number of Shares              1 014
Class of Security             Ordinary shares
Market Price per share:
Low –                         R15.0750
High –                        R15.0750
VWAP -                    R15.0750
Total Value               R 15286.05
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.

Name                      C Keyter
Position                  Chief Financial Officer
Company                   Sibanye Gold Limited
Nature of transaction     Retention of bonus shares
Transaction Date          18 December 2017
Number of Shares          13740
Class of Security         Ordinary shares
Market Price per share:
Low –                     R15.0750
High –                    R15.0750
VWAP -                    R15.0750
Total Value               R207 130.50
Vesting Period            Vest in equal parts on 9 months and
                          18 months 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 bonus
                          shares in respect of previously
                          awarded bonus shares
Transaction Date          18 December 2017
Number of Shares          273
Class of Security         Ordinary shares
Market Price per share:
Low –                     R15.0750
High –                    R15.0750
VWAP -                    R15.0750
Total Value               R4115.48
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.

Name                      C Keyter
Nature of transaction     On market sale of bonus shares to
                          cover associated tax liability.
Transaction Date          18 December 2017
Number of Shares          11614
Class of Security         Ordinary shares
Market Price per share:
Low –                     R15.50
High –                    R15.50
VWAP -                    R15.50
Total Value               R180 017.00
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.
Name                      C Keyter
Nature of transaction     On market sale of capitalisation
                          bonus shares to cover associated tax
                          liability.
Transaction Date          18 December 2017
Number of Shares          234
Class of Security         Ordinary shares
Market Price per share:
Low –                     R15.50
High –                    R15.50
VWAP -                    R15.50
Total Value               R3 627.00
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.

Name                      C Farrel
Position                  Company Secretary
Company                   Sibanye Gold Limited
Nature of transaction     Retention of bonus shares
Transaction Date          14 December 2017
Number of Shares          3094
Class of Security         Ordinary shares
Market Price per share:
Low –                     R14.9847
High –                    R14.9847
VWAP -                    R14.9847
Total Value               R46 362.66
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.

Name                      C Farrel
Position                  Company Secretary
Company                   Sibanye Gold Limited
Nature of interest        Direct and Beneficial
Nature of transaction     Retention of capitalisation bonus
                          shares in respect of previously
                          awarded bonus shares
Transaction Date          14 December 2017
Number of Shares          62
Class of Security         Ordinary shares
Market Price per share:
Low –                     R14.9847
High –                    R14.9847
VWAP -                    R14.9847
Total Value               R929.05
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.

Name                      C Farrel
Nature of transaction     On market sale of bonus shares to
                          cover associated tax liability.
Transaction Date          14 December 2017
Number of Shares          2630
Class of Security            Ordinary shares
Market Price per share:
Low –                        R14.9700
High –                       R15.010
VWAP -                       R14.9847
Total Value                  R 39 409.76
Vesting Period               Vest in equal parts on 9 months and
                             18 months of the Grant Date.

Name                         C Farrel
Nature of transaction        On market sale of capitalisation
                             bonus shares to cover associated tax
                             liability.
Transaction Date             14 December 2017
Number of Shares             52
Class of Security            Ordinary shares
Market Price per share:
Low –                        R14.9700
High –                       R15.010
VWAP -                       R14.9847
Total Value                  R779.20
Vesting Period               Vest in equal parts on 9 months and
                             18 months 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: 19/12/2017 03:41:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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