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SIBANYE STILLWATER LIMITED - Director dealings in securities

Release Date: 17/11/2020 13:40
Code(s): SSW     PDF:  
Wrap Text
Director dealings in securities

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”)

Director dealings in securities

Johannesburg, 17 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, discloses the following:

 Name                                EJ Dorward-King
 Position                            Independent Non-Executive Director
 Company                             Sibanye-Stillwater Limited
 Nature of interest                  Direct and Beneficial
 Nature of transaction               On market purchase of shares
 Transaction Date                    12 November 2020
 Number of shares                    1 200
 Class of Security                   ADR
 Market Price                        USD12,8593
 Total Value                         USD15 431,16

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:
James Wellsted
Head of Investor Relations
Tel: +27 (0) 83 453 4014
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

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

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 devaluations,
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 as 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

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: 17-11-2020 01:40:00
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