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SIBANYE STILLWATER LIMITED - Director dealings

Release Date: 05/11/2020 15:33
Code(s): SSW     PDF:  
Wrap Text
Director dealings

Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
(“Sibanye-Stillwater” or “the Group” or “the Company”)
Website: www.sibanyestillwater.com

Director dealings

Johannesburg, 5 November 2020: Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW)
in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements,
the following is disclosed:

Name                               NJ Froneman
Position                           Chief Executive Officer
Company                            Sibanye-Stillwater Limited
Nature of interest                 Direct and Beneficial
Nature of transaction              On market purchase of shares
Transaction Date                   2 November 2020
Number of shares                   71 313
Class of Security                  Ordinary shares
Market Price                       R48.7005
Total Value                        R3 472 978.76

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:
Email: ir@sibanyestillwater.com
James Wellsted
Head of Investor Relations
Tel: +27 (0) 83 453 4014
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
Website: www.sibanyestillwater.com

FORWARD LOOKING STATEMENTS
The information in this announcement may contain forward-looking statements within the meaning of the “safe harbour” provisions of the
United States Private Securities Litigation Reform Act of 1995. These forward -looking statements, including, among others, those
relating to Sibanye Stillwater Limited’s (“Sibanye-Stillwater” or the “Group”) financial positions, business strategies, plans and
objectives of management for future operations, are necessarily estimates reflecting the best judgment of the senior management and
directors of Sibanye-Stillwater.

All statements other than statements of historical facts included in this announcement may be forward -looking statements. Forward-
looking statements also often use words such as “will”, “forecast”, “potential”, “estimate”, “expect” and words of similar meaning. By
their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and should
be considered in light of various important factors, including those set forth in this disclaimer. Readers are cautioned not to place
undue reliance on such statements.

The important factors that could cause Sibanye-Stillwater’s actual results, performance or achievements to differ materially from those
in the forward-looking statements include, among others, our future business prospects; financial positions; debt position and our
ability to reduce debt leverage; business, political and social conditions in the United States, South Africa, Zimbabwe and elsewhere;
plans and objectives of management for future operations; our ability to obtain the benefits of any streaming arrangements or pipeline
financing; our ability to service our bond instruments; changes in assumptions underlying Sibanye-Stillwater’s estimation of their
current mineral reserves and resources; the ability to achieve anticipated efficiencies and other cost savings in connection with past,
ongoing and future acquisitions, as well as at existing operations; our ability to achieve steady state production at the Blitz project;
the success of Sibanye-Stillwater’s business strategy; exploration and development activities; the ability of Sibanye -Stillwater to
comply with requirements that they operate in a sustainable manner; changes in the market price of gold, PGMs and/or uranium; the
occurrence of hazards associated with underground and surface gold, PGMs and uranium mining; the occurrence of labour disruptions and
industrial action; the availability, terms and deployment of capital or credit; changes in relevant government regulations, particularly
environmental, tax, health and safety regulations and new legislation affecting water, mining, mineral rights and business ownership,
including any interpretations thereof which may be subject to dispute; the outcome and consequence of any potential or pending litigation
or regulatory proceedings or other environmental, health and safety issues; power disruptions, constraints and cost increases ; supply
chain shortages and increases in the price of production inputs; fluctuations in exchange rates, currency devaluatio ns, inflation and
other macro-economic monetary policies; the occurrence of temporary stoppages of mines for safety incidents and unplanned maintenance;
the ability to hire and retain senior management or sufficient technically skilled employees, as well a s their ability to achieve
sufficient representation of historically disadvantaged South Africans in management positions; failure of information technology and
communications systems; the adequacy of insurance coverage; any social unrest, sickness or natural or man-made disaster at informal
settlements in the vicinity of some of Sibanye-Stillwater’s operations; and the impact of HIV, tuberculosis and the spread of other
contagious diseases, such as coronavirus (“COVID-19”). Further details of potential risks and uncertainties affecting Sibanye-Stillwater
are described in Sibanye-Stillwater’s filings with the Johannesburg Stock Exchange and the United States Securities and Exchange
Commission.

These forward-looking statements speak only as of the date of the content. Sibanye-Stillwater expressly disclaims any obligation or
undertaking to update or revise any forward-looking statement (except to the extent legally required).

Date: 05-11-2020 03:33:00
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