Dealings in securities by Prescribed Officer
Johannesburg, 19 December 2023: 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: [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
In Europe:
Swiss Resource Capital AG
Jochen Staiger Marc Ollinger
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
Sibanye Stillwater Ltd. Stock
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