Sibanye Gold: Inclusion in the FTSE/JSE Top 40 Index

(firmenpresse) -
INCLUSION IN THE FTSE/JSE TOP 40 INDEX

Westonaria, 7 September 2016: Sibanye (JSE: SGL & NYSE: SBGL - http://www.commodity-tv.net/c/mid,2697,Company_Presentation/?v=296429 ) is pleased to inform shareholders that from 19 September 2016 it will be included in the FTSE/JSE Top 40 index, with an initial ranking at 34th position. This follows the September 2016 index review by the JSE.

Neal Froneman, CEO of Sibanye, commenting on the inclusion, said: Sibanyes inclusion in the FTSE/JSE Top 40 index is a significant milestone. Considering the relatively short history since the Group listed in February 2013 with a market capitalisation of less than R10 billion, to now be recognised as one of the 40 largest companies listed on the JSE, is something I am extremely proud of and highlights the significant returns Sibanye has delivered to shareholders. Sibanye investors have received total returns from share price appreciation and dividends of over 350% in the last three and a half years, or a compound annual growth rate of over 50% per annum.

Inclusion in the FTSE/JSE Top 40 Index is likely to provide further share price benefits as funds tracking the index, will be required to include Sibanye shares in their portfolios in future, Froneman concluded.

CONTACT

James Wellsted
SVP Investor Relations
Sibanye Gold Limited
+27 83 453 4014
james.wellsted(at)sibanyegold.co.za
In Europe:
Swiss Resource Capital AG
Jochen Staiger
info(at)resource-capital.ch
www.resource-capital.ch

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

Sibanye Gold Limited
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SGL
ISIN - ZAE000173951
Issuer code: SGL
(Sibanye Gold, Sibanye or the Group)

Sibanye Gold Limited
Reg. 2002/031431/06

Registered and Business Address:

Libanon Business Park
1 Hospital Street
(Off Cedar Ave)
Libanon, Westonaria, 1780

Postal Address:
Private Bag X5
Westonaria, 1780

Tel +27 11 278 9600
Fax +27 11 278 9863




This press release is for information purposes only and does not constitute or form part of an offer to sell or the solicitation of an offer to buy or subscribe to any securities of Sibanye. This press release should not be sent, distributed, transmitted or otherwise made available in or into the United States or any other jurisdiction where it would be impermissible to do so. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933 (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, resold, transferred or delivered, directly or indirectly, in the United States except pursuant to registration under, or an exemption from the registration requirements of, the Securities Act. There will be no public offering of securities in the United States or any other jurisdiction.

The securities have not been approved or disapproved by the US Securities and Exchange Commission, and state securities commission in the United States or any other US regulatory authority. Any representation to the contrary is a criminal offence in the United States.

FORWARD LOOKING STATEMENTS

Certain statements included in this announcement, as well as oral statements that may be made by Sibanye, or by officers, directors or employees acting on its behalf related to the subject matter hereof, constitute or are based on forward-looking statements. Forward-looking statements are preceded by, followed by or include the words may, will, should, expect, envisage, intend, plan, project, estimate, anticipate, believe, hope, can, is designed to or similar phrases. These forward-looking statements 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, that could cause Sibanyes actual results and outcomes to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors include, among others, Sibanyes ability to complete the transaction, Sibanyes ability to successfully integrate the acquired assets with its existing operations, Sibanyes ability to achieve anticipated efficiencies and other cost savings in connection with the transaction, the success of exploration and development activities and other risks. Sibanye 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 any change in Sibanyes expectations with regard thereto.

This release includes mineral reserves and resources information prepared in accordance with the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (the SAMREC Code), and not in accordance with the U.S. Securities and Exchange Commissions Industry Guide 7.

Unternehmensinformation / Kurzprofil:
Leseranfragen:
Bereitgestellt von Benutzer: irw
Datum: 07.09.2016 - 13:39 Uhr
Sprache: Deutsch
News-ID 493187
Anzahl Zeichen: 5658

contact information:
Town:

Wien

Kategorie:

Business News

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