Dealings in securities by Directors
Johannesburg, 4 December 2023: Sibanye-Stillwater, (Tickers JSE: SSW and NYSE: SBSW) (https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/)in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, discloses the following:
Name |
TJ Cumming |
Position |
Independent non-executive director |
Company |
Sibanye-Stillwater Limited |
Nature of interest |
Direct and Beneficial |
Nature of transaction |
On market purchase of ordinary shares |
Transaction Date |
30 November 2023 |
Number of shares |
14 000 |
Class of Security |
Ordinary Shares |
Market Price |
R20,85 |
Total Value |
R291 900 |
Name |
NJ Froneman |
Position |
Chief Executive Officer and Executive Director |
Company |
Sibanye-Stillwater Limited |
Nature of interest |
Direct and Beneficial |
Nature of transaction |
Exercise of a put option in respect of an off-market collar hedge over 4,744,961 ordinary shares of the Company which expired on 30 November 2023 |
Transaction Date |
30 November 2023 |
Number of shares |
4 744 961 |
Class of Security |
Ordinary Shares |
Strike price per share |
R45,98 |
Total Value |
R218 173 306,78 |
Mr Froneman entered into an equity funding arrangement with a financial institution on 30 November 2021 which consisted of a loan agreement securitised by a simultaneous collar hedge and equity lending transaction. |
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal in the above securities has been obtained.
Ends.
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: [email protected]
James Wellsted
Executive 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/@sibanyestillwater/videos
X: https://twitter.com/SIBSTILL
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
In Europe:
Swiss Resource Capital AG
Jochen Staiger Marc Ollinger
Sibanye Stillwater Ltd. Stock
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