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SIBANYE GOLD LIMITED - Dealings in securities

Release Date: 04/09/2018 17:11
Code(s): SGL     PDF:  
Wrap Text
Dealings 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, 4 September 2018. In compliance with paragraphs 3.63 to 3.74 of the
Listings Requirements of JSE Limited ("the Listings Requirements") we hereby advise
that Messrs N Froneman, Chief Executive Officer and C Keyter, Chief Financial Officer
of Sibanye Gold Limited have retained and/ or sold their Bonus Shares which were
granted on 1 March 2017 (“the Grant Date”) in terms of The Sibanye Gold Limited 2013
Share Plan. Messrs N Froneman and C Keyter sold Bonus Shares which were awarded to
them in order to settle the associated tax liability.

Details of the transactions are set out below:

Name                            N Froneman
Position                        Chief Executive Officer
Company                         Sibanye Gold Limited
Nature of interest              Direct and Beneficial
Nature of transaction           Off market vesting and retention of
                                bonus shares
Transaction Date                3 September 2018
Number of Shares                28 776
Class of Security               Ordinary shares
Market Price per share:         R8.8524
Total Value                     R254 736.66
Vesting Period                  Vest in equal parts on 9 months and 18
                                months of the Grant Date


Name                            N Froneman
Position                        Chief Executive Officer
Company                         Sibanye Gold Limited
Nature of interest              Direct and Beneficial
Nature of transaction           On market sale of bonus shares to
                                cover associated tax liability.
Transaction Date                3 September 2018
Number of Shares                25 009
Class of Security               Ordinary shares
Market Price per share:         R8.9251
Total Value                     R223 207.83
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           Off market vesting and retention of
                                bonus shares
Transaction Date                3 September 2018
Number of Shares                14 391
Class of Security               Ordinary shares
Market Price per share:         R8.8524
Total Value                     R127 394.89
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           On market sale of bonus shares to
                                cover associated tax liability.
Transaction Date                3 September 2018
Number of Shares                12 504
Class of Security               Ordinary shares
Market Price per share:         R8.9251
Total Value                     R111 599.45
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: 04/09/2018 05:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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