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SIBANYE GOLD LIMITED - Dealing in securities

Release Date: 04/12/2018 16:11
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, 4 December 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 sold and/ or retained their Bonus Shares which were
granted on 1 March 2018 (“the Grant Date”) in terms of The Sibanye Gold Limited 2017
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           On market sale of bonus shares to
                                cover associated tax liability
Transaction Date                3 December 2018
Number of Shares                127 855
Class of Security               Ordinary shares
Market Price per share:
Low –                           R8.7300
High –                          R8.8000
VWAP -                          R8.7324
Total Value                     R 1 116 481.00
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 capitalisation bonus
                                shares   to   cover   associated   tax
                                liability
Transaction Date                3 December 2018
Number of Shares                5 114
Class of Security               Ordinary shares
Market Price per share:
Low –                           R8.7300
High –                          R8.8000
VWAP -                          R8.7324
Total Value                     R 44 657.50
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     Retention of bonus shares
Transaction Date          3 December 2018
Number of Shares          147 104
Class of Security         Ordinary shares
Market Price per share:   R8.7324
Total Value               R1 284 570.97
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     Retention of capitalisation bonus
                          shares in respect of previously
                          awarded bonus shares
Transaction Date          3 December 2018
Number of Shares          5 884
Class of Security         Ordinary shares
Market Price per share:   R8.7324
Total Value               R51 381.44
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 December 2018
Number of Shares          62 647
Class of Security         Ordinary shares
Market Price per share:
Low –                     R8.7300
High –                    R8.8000
VWAP -                    R8.7324
Total Value               R547 058.66
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 capitalisation bonus
                          shares   to   cover   associated   tax
                          liability
Transaction Date          3 December 2018
Number of Shares          2 505
Class of Security         Ordinary shares
Market Price per share:
Low –                     R8.7300
High –                    R8.8000
VWAP -                    R8.7324
Total Value               R21 874.66
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 bonus shares
Transaction Date          3 December 2018
Number of Shares          72 078
Class of Security         Ordinary shares
Market Price per share:   R8.7324
Total Value               R629 413.93
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          3 December 2018
Number of Shares          2 884
Class of Security         Ordinary shares
Market Price per share:   R8.7324
Total Value               R25 184.24
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: 04/12/2018 04:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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