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SIBANYE STILLWATER LIMITED - Dealings in securities

Release Date: 01/12/2021 15:03
Code(s): SSW     PDF:  
Wrap Text
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”)

Dealings in securities

Johannesburg, 1 December 2021: 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                        NJ Froneman
Position                    Chief Executive Officer
Company                     Sibanye Stillwater Limited
Nature of interest          Direct and Beneficial
Class of securities         Ordinary shares
Nature of transaction       Off-market restructure of collar hedge
                            over 4 744 961 ordinary shares of the
                            Company with a put strike price of
                            R45.98 call strike price of R67.02 and
                            expiry on 30 November 2023

Total value of              R218,173,306.78

Mr Froneman entered into and restructured equity funding arrangements
with a financial institution that consisted of loan agreements
securitised by simultaneous collar hedges and equity lending
transactions. The transactions contained in this announcement relate
to the existing hedges previously disclosed in the dealings
announcements dated 9 October 2019 and 12 December 2019.

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

Date: 01-12-2021 03:03:00
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