Sibanye Gold Limited: Dealing in securities

(firmenpresse) - Dealing in securities

Johannesburg, 31 May 2019: (https://www.commodity-tv.net/c/search_adv/?v=299128 ) In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited ("the Listings Requirements") we hereby advise that Messrs NJ Froneman and C Keyter, Chief Executive Officer and Chief Financial Officer of Sibanye Gold Limited has retained and/ or sold Performance Shares which were granted on 1 March 2016 (the Grant Date) in terms of The Sibanye Gold Limited 2013 Share Plan. Performance Shares awarded to Messrs Froneman and Keyter were sold in order to settle the associated tax liability.

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 On market sale of performance
shares to cover associated
tax
liability

Transaction Date 28 May 2019
Number of Shares 36 357
Class of Security Ordinary shares
Market Price per share:
Low - R11.3000
High - R11.8700
VWAP - R11.6275
Total Value R422 741.02
Vesting Period The Performance Shares vest on
the third anniversary 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 performance
shares


Transaction Date 28 May 2019
Number of Shares 41 832

Class of Security Ordinary shares
Market Price per share: R11.6275
Total Value R486 401.58
Vesting Period The Performance Shares vest on
the third anniversary 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 performance
shares to cover associated
tax
liability

Transaction Date 28 May 2019
Number of Shares 16 520
Class of Security Ordinary shares
Market Price per share:
Low - R11.3000
High - R11.8700
VWAP - R11.6275
Total Value R192 086.30
Vesting Period The Performance Shares vest on
the third anniversary 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 performance
shares


Transaction Date 28 May 2019
Number of Shares 19 008
Class of Security Ordinary shares
Market Price per share: R11.6275
Total Value R221 015.52
Vesting Period The Performance Shares vest on
the third anniversary 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.

Investor relations contact:

James Wellsted
Head of Investor Relations
+27 (0) 83 453 4014
Email: ir(at)sibanyestillwater.com

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

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

FORWARD LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of the safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this announcement may be forward-looking statements. Forward-looking statements may be identified by the use of words such as will, would, expect, may, could believe, anticipate, target, estimate and words of similar meaning. These forward-looking statements, including among others, those relating to our future business prospects, financial positions, ability to reduce debt leverage, business strategies, plans and objectives of management for future operations and the anticipated benefits and synergies of transactions, are necessarily estimates reflecting the best judgement of our senior management. Readers are cautioned not to place undue reliance on such statements. 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-Stillwater that could cause Sibanye-Stillwaters 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 Groups Annual Integrated Report and Annual Financial Report, published on 30 March 2018, and the Groups 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 expressly disclaims any obligation or undertaking to update or revise these forward-looking statements, save as required by applicable law.

Unternehmensinformation / Kurzprofil:
Leseranfragen:
Bereitgestellt von Benutzer: irw
Datum: 31.05.2019 - 10:12 Uhr
Sprache: Deutsch
News-ID 593542
Anzahl Zeichen: 6837

contact information:
Town:

Wien

Kategorie:

Business News

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