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SIBANYE GOLD LIMITED - Results of the Sibanye-Stillwater Annual General Meeting

Release Date: 28/05/2019 10:28
Code(s): SGL     PDF:  
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Results of the Sibanye-Stillwater Annual General Meeting

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”)

Results of the Sibanye-Stillwater Annual General Meeting

Johannesburg, 28 May 2019. Sibanye-Stillwater (JSE: SGL AND NYSE: SBGL) advises
shareholders that all resolutions were passed by the requisite majority at the
Company's Annual General Meeting (the AGM) held at the Sibanye-Stillwater Gold
Academy at 09:00 this morning. In accordance with recommended practice, a poll was
conducted on each resolution at the meeting.

The number of shares voted in person or by proxy was 2,014,388,482 representing 89%
of Sibanye-Stillwater’s 2,379,607,141 total ordinary shares in issue. The
resolutions proposed at the AGM and the percentage of shares voted for and against
each resolution, as well as those which abstained, are set out below:

Resolution                   % of votes    % of votes        Number of        % of       % of
                                for the       against     shares voted      Shares     Shares
                             resolution           the                     voted (2)   abstain
                                     (1)   resolution                                   ed (2)

Ordinary Resolution 1 –      99.76         0.24          2,013,700,085   88.64        0.03

Re-appointment of auditors
and Designated Individual

Ordinary Resolution 2 –      99.73         0.27          2,013,587,431   88.64        0.04

Election of a director: H

Ordinary Resolution 3 –      98.37         1.63          2,013,613,522   88.64        0.03

Re-election of a director:
NJ Froneman

Ordinary Resolution 4 –      97.83         2.17          2,013,577,093   88.64        0.04

Re-election of a director:
NG Nika

Ordinary Resolution 5 –      98.37         1.63          2,013,530,626   88.63        0.04

Re-election of a director:
SC van der Merwe
Ordinary Resolution 6 –      99.73   0.27    2,013,610,842   88.64   0.03

Re-election of a member
and Chair of the Audit
Committee: KA Rayner

Ordinary Resolution 7 –      99.74   0.26    2,013,604,766   88.64   0.03

Election of a member of
the Audit Committee: TJ

Ordinary Resolution 8 –      99.75   0.25    2,013,454,098   88.63   0.04

Election of a member of
the Audit Committee: SN

Ordinary Resolution 9 –      99.74   0.26    2,013,422,266   88.63   0.04

Re-election of a member of
the Audit Committee: RP

Ordinary Resolution 10 –     99.74   0.26    2,013,410,700   88.63   0.04

Re-election of a member of
the Audit Committee: NG

Ordinary Resolution 11 –     99.70   0.30    2,013,421,242   88.63   0.04

Re-election of a member of
the Audit Committee: SC
van der Merwe

Ordinary Resolution 12 –     97.07   2.93    2,012,858,761   88.60   0.07

Approval for the issue of
authorised but unissued
ordinary shares

Ordinary Resolution 13 –     76.09   23.91   2,012,621,177   88.59   0.08

Issuing equity securities
for cash

Ordinary Resolution 14 –     96.65   3.35    2,002,329,514   88.39   0.53

Non-binding advisory vote
on Remuneration Policy
Ordinary Resolution 15 –      76.22       23.78       2,004,604,555   88.49       0.43

Non-binding advisory vote
on Remuneration
Implementation Report

Special Resolution 1 –        99.43       0.57        2,013,210,546   88.62       0.05

Approval for the
remuneration of non-
executive directors

Special Resolution 2 –        99.55       0.45        2,012,162,181   88.57       0.10

Approval for the Company
to grant financial
assistance in terms of
sections 44 and 45 of the

Special Resolution 3 –        99.22       0.78        2,013,779,509   88.64       0.78

Approval for the
acquisition of the
Company’s own shares

(1) The shares voted disclosed as a percentage in relation to the total number of
shares voted at the meeting.
(2) The shares voted or abstained disclosed as a percentage in relation to the total
issued share capital.

James Wellsted
Head of Investor Relations
+27 (0) 83 453 4014

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

This   announcement   contains   forward-looking   statements,    including   “forward-looking
statements” within the meaning of Section 27A of the U.S. Securities Act of 1933 and 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”, “would”, “expect”, “can”, “unlikely”, “could” and other similar expressions that
predict or indicate future events or trends or that are not statements of historical matters.
These forward-looking statements, including among others, those relating to our future
business prospects, financial positions, debt position and our ability to reduce debt
leverage, plans and objectives of management for future operations, plans to raise capital
through streaming arrangements or pipeline financing, our ability to service our Bond
Instruments (High Yield Bonds and Convertible Bonds), our ability to achieve steady state
production at the Blitz project and the anticipated benefits and synergies of our acquisitions
are necessarily estimates reflecting the best judgement of our senior management and 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.
As a consequence, these forward-looking statements should be considered in light of various
important factors, including those set forth in the Group’s Annual Integrated Report and
Annual Financial Report, published on 2 April 2018, and the Group’s Annual Report on Form
20-F filed by Sibanye-Stillwater with the Securities and Exchange Commission on 2 April 2018
(SEC File no. 001-35785). 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.

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