Try our mobile app

Dealings in securities by Directors

Published: 2023-12-04 17:23:12 ET
<<<  go to JSE:SSW company page
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”)
Website: www.sibanyestillwater.com

Dealings in securities by Directors

Johannesburg, 4 December 2023: 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                            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