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Dealings in securities by Executive Directors and Prescribed Officers

Published: 2022-03-11 14:49:00 ET
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Sibanye Stillwater Limited (JSE:SSW) News - Dealings in securities by Executive Directors and Prescribed Officers

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

Dealings in securities by Executive Directors and Prescribed Officers

Johannesburg, 11 March 2022: Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW)
in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements
("the Listings Requirements") hereby advises shareholders that Executive Directors
and Prescribed Officers (“PO”) of the Company have sold and/ or retained Performance
Shares which were granted on 1 March 2019 (“the Grant Date”) in terms of The Sibanye
Stillwater Limited 2017 Share Plan.

Name                        NJ Froneman
Position                    Chief Executive Officer
Company                     Sibanye Stillwater Limited
Nature of interest          Direct and Beneficial
Nature of transaction       Retention of performance shares
Transaction Date            9 March 2022
Number of Shares            1 454 976
Class of Security           Ordinary shares
Market Price per share:
Low –                       R66.43
High –                      R76.52
sell price -                R70.2216
Total Value                 R102 170 742,68

Nature of transaction       On market sale of performance shares to
                            cover associated tax liability
Transaction Date            8 March 2022
Number of Shares            84 576
Class of Security           ADR
Market Price per share:
Low –                       $17.40
High –                      $18.28
sell price -                $17.49356
Total Value                 $1 479 535,33

Nature of transaction       Retention of performance shares
Transaction Date            9 March 2022
Number of Shares            125 408
Class of Security           ADR
Market Price per share:
Low –                       $17.4000
High –                      $18.2800
sell price -                $17.49356
Total Value                 $2 193 832,37

Vesting Period              The Performance Shares vest on the third
                            anniversary of the Grant Date


Name                       C Keyter
Position                   Chief Financial Officer
Company                    Sibanye Stillwater Limited
Nature of interest         Direct and Beneficial
Nature of transaction     On market sale of performance shares
Transaction Date          8 March 2022
Number of Shares          395 394
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R 27 765 199,31

Nature of transaction     On market sale of performance shares
Transaction Date          9 March 2022
Number of Shares          405 226
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R 28 455 618,08

Nature of transaction     Retention of performance shares
Transaction Date          9 March 2022
Number of Shares          200 000
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R 14 043 320.00

Vesting Period            The Performance Shares vest on the third
                          anniversary of the Grant Date


Name                      RA Stewart
Position                  Chief Operations Officer (PO)
Company                   Sibanye Stillwater Limited
Nature of interest        Direct and Beneficial
Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          8 March 2022
Number of shares          149 865
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R10 523 760,08

Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          9 March 2022
Number of shares          153 591
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R10 785 405,76

Nature of transaction     Retention of performance shares
Transaction Date          9 March 2022
Number of shares          349 138
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R24 517 028,98

Vesting Period            The Performance Shares vest on the third
                          anniversary of the Grant Date


Name                      JD Mostert
Position                  Chief Organisational Growth Officer (PO)
Company                   Sibanye Stillwater Limited
Nature of interest        Direct and Beneficial
Nature of transaction     On market sale of performance shares
Transaction Date          8 March 2022
Number of shares          274 313
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R19 262 697,76

Nature of transaction     On market sale of performance shares
Transaction Date          9 March 2022
Number of shares          281 133
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R19 741 609,07

Vesting Period            The Performance Shares vest on the third
                          anniversary of the Grant Date


Name                      R van Niekerk
Position                  Chief Technical Officer (PO)
Company                   Sibanye Stillwater Limited
Nature of interest        Direct and Beneficial
Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          8 March 2022
Number of Shares          210 513
Class of Security         Ordinary shares
Market Price per share:
Low –                     R66.43
High –                    R76.52
sell price -              R70.2216
Total Value               R14 782 559,68

Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          9 March 2022
Number of Shares          215 747
Class of Security         Ordinary shares
Market Price per share:
Low –                      R66.43
High –                     R76.52
sell price -               R70.2216
Total Value                R15 150 099,53

Nature of transaction      Retention of performance shares
Transaction Date           9 March 2022
Number of Shares           490 429
Class of Security          Ordinary shares
Market Price per share:
Low –                      R66.43
High –                     R76.52
sell price -               R70.2216
Total Value                R34 438 709,06

Vesting Period             The Performance Shares vest on the third
                           anniversary of the Grant Date


Name                       TG Nkosi
Position                   Chief Social Performance Officer (PO)
Nature of interest         Direct and Beneficial
Nature of transaction      On market sale of performance shares
Transaction Date           8 March 2022
Number of shares           256 640
Class of Security          Ordinary shares
Market Price per share:
Low –                      R66.43
High –                     R76.52
sell price -               R70.2216
Total Value                R18 021 671,42

Nature of transaction      On market sale of performance shares
Transaction Date           9 March 2022
Number of shares           263 021
Class of Security          Ordinary shares
Market Price per share:
Low –                      R66.43
High –                     R76.52
sell price -               R70.2216
Total Value                R18 469 755,45

Vesting Period             The Performance Shares vest on the third
                           anniversary of the Grant Date


In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to
deal in the above securities has been obtained.


Ends.

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

Date: 11-03-2022 04:49:00
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