Dealings in securities by Prescribed Officer
(PresseBox) - Sibanye-Stillwater - https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/ - (Tickers JSE: SSW and NYSE: SBSW) in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, discloses the following:
Name: RA Stewart
Position: Chief Regional Officer: South Africa Officer (Prescribed Officer)
Company: Sibanye-Stillwater Limited
Nature of interest: Direct and Beneficial
Nature of transaction: Expiry of an off-market collar hedge over 250,000 SSW ordinary shares which expired on 18 December 2023
Transaction Date: 18 December 2023
Number of shares: 250 000
Class of Security: Ordinary Shares
Strike price per share: R45.00
Value of put option: R11 250 000
Mr Stewart entered into a collar hedging arrangement with a financial institution on 20 December 2021.
The total amount of shares originally hedged have been retained by Mr Stewart.
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal in the above securities has been obtained.
About Sibanye-Stillwater
Sibanye-Stillwater is a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. The Group is also one of the foremost global recyclers of PGM autocatalysts and has interests in leading mine tailings retreatment operations.
Sibanye-Stillwater has established itself as one of the world’s largest primary producers of platinum, palladium, and rhodium and is a top tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper and cobalt. The Group has recently begun to diversify its asset portfolio into battery metals mining and processing and increase its presence in the circular economy by growing its recycling and tailings reprocessing exposure globally. For more information refer to www.sibanyestillwater.com.
Investor relations contact:
Email: ir(at)sibanyestillwater.com
James WellstedExecutive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com
LinkedIn: https://www.linkedin.com/company/sibanye-stillwater
Facebook: https://www.facebook.com/SibanyeStillwater
YouTube: https://www.youtube.com/(at)sibanyestillwater/videos
X: https://twitter.com/SIBSTILL
In Europe:
Swiss Resource Capital AG
Jochen Staiger & Marc Ollinger
info(at)resource-capital.ch
www.resource-capital.ch
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
Unternehmensinformation / Kurzprofil:
Datum: 19.12.2023 - 15:18 Uhr
Sprache: Deutsch
News-ID 697020
Anzahl Zeichen: 3594
contact information:
Contact person: Jochen Staiger
Town:
Johannesburg
Phone: +41 (71) 3548501
Kategorie:
Financial Services & Insurance
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"Dealings in securities by Prescribed Officer"
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