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: ir@sibanyestillwater.com
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