Sibanye Stillwater Limited (JSE:SSW) News - Dealings in securities by Directors, Prescribed Officers and Associate

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 Directors, Prescribed Officers and Associate

Johannesburg, 9 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, discloses the following:

Name                                      NJ Froneman
Position                                  Executive Director
Company                                   Sibanye-Stillwater Limited
Nature of interest                        Direct and Beneficial
Nature of transaction                     On market sale of ADR
Transaction Date                          4 March 2022
Number of shares                          90 479
Class of Security                         ADRs
Market Price                              $19.849
Total Value                               $1 795 917.67

Nature of interest                        Direct and Beneficial
Transaction Date                          4 March 2022
Nature of transaction                     Off-market collar hedge over 1 454 976
                                          ordinary shares of the Company with a put
                                          strike price of R66.24, call strike price
                                          of R117.76 and expiry on 03 March 2024
Total Value                               R96 377 610.00

Mr Froneman entered into an equity funding arrangement with a financial institution
which consisted of a loan agreement securitized by a simultaneous collar hedge and
equity lending transaction

Name                                      C Keyter
Position                                  Executive Director
Company                                   Sibanye-Stillwater Limited
Nature of interest                        Direct and Beneficial
Nature of transaction                     On market sale of shares
Transaction Date                          4 March 2022
Number of shares                          500 000
Class of Security                         Ordinary shares
Market Price                              R69.59
Total Value                               R34 795 000.00

Nature of transaction                     On market sale of shares
Transaction Date                          4 March 2022
Number of shares                          500 000
Class of Security                         Ordinary shares
Market Price                              R68.70
Total Value                               R34 350 000.00

Nature of transaction                     On market sale of shares
Transaction Date                          4 March 2022
Number of shares                          200 000
Class of Security                         Ordinary shares
Market Price                              R73.60
Total Value                               R14 720 000.00
Nature of transaction                  On market sale of shares
Transaction Date                       7 March 2022
Number of shares                       200 000
Class of Security                      Ordinary shares
Market Price                           R79.24
Total Value                            R15 848 000.00

Nature of transaction                  On market sale of shares
Transaction Date                       7 March 2022
Number of shares                       200 000
Class of Security                      Ordinary shares
Market Price                           R78.77
Total Value                            R15 754 000.00

Name                                   M Keyter
Position                               An Associate to Executive Director C Keyter

Company                                Sibanye-Stillwater Limited
Nature of interest                     Direct and Beneficial
Nature of transaction                  On market sale of shares
Transaction Date                       7 March 2022
Number of shares                       610
Class of Security                      Ordinary shares
Market Price                           R76.70
Total Value                            R46 787.00

Name                                   SN Danson
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                       4 March 2022
Number of shares                       14 000
Class of Security                      Ordinary shares
Market Price                           R 71.89
Total Value                            R1 006 460.00

Name                                   R van Niekerk
Position                               Prescribed Officer
Company                                Sibanye-Stillwater Limited
Nature of interest                     Direct and Beneficial
Transaction Date                       7 March 2022
Nature of transaction                  Off-market collar hedge over 475 000
                                       ordinary shares of the Company with a put
                                       strike price of R39.37 and R74.79, call
                                       strike price of R113.78 and expiry on 08
                                       April 2024
Notional value                         R37 396 750.00

Mr van Niekerk entered into an equity hedging arrangement with a financial institution

Name                                   RA Stewart
Position                               Prescribed Officer
Company                                Sibanye-Stillwater Limited
Nature of interest                     Direct and Beneficial
Nature of transaction                  On market sale of shares
Transaction Date                       8 March 2022
Number of shares                       150 000
Class of Security                      Ordinary shares
Market Price                           R76.25
Total Value                            R11 437 500

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

Forward looking statements
This announcement contains forward-looking statements within the meaning of the “safe harbour”
provisions of the United States Private Securities Litigation Reform Act of 1995. All statements
other than statements of historical fact included in this announcement may be forward-looking
statements. Forward-looking statements may be identified by the use of words such as “will”,
““would”, “expect”, “forecast”, “potential”, “may”, “could” “believe”, “aim”, “anticipate”,
“target”, “estimate” and words of similar meaning.
These forward-looking statements, including among others, those relating to Sibanye-Stillwater
Limited’s (“Sibanye-Stillwater”) future business prospects, financial positions, production and
operational guidance, Mineral Resources and Mineral Reserves information, climate and ESG-
related statements, targets and metrics, plans and objectives of management for future
operations and ability to complete or successfully integrate ongoing and future acquisitions,
are necessarily estimates reflecting the best judgement of Sibanye-Stillwater’s senior
management. Readers are cautioned not to place undue reliance on such statements. Forward-
looking statements involve a number of known and unknown risks, uncertainties and other factors,
many of which are difficult to predict and generally beyond the control of Sibanye-Stillwater
that could cause its actual results and outcomes to be materially different from historical
results or from any future results expressed or implied by such forward-looking statements. As a
consequence, these forward-looking statements should be considered in light of various important
factors, including those set forth in Sibanye-Stillwater’s Integrated Annual Report 2020 and
annual report on Form 20-F filed with the United States Securities and Exchange Commission on 22
April 2021 (SEC File no. 333-234096). These forward-looking statements speak only as of the date
of this announcement. Sibanye-Stillwater expressly disclaims any obligation or undertaking to
update or revise any forward-looking statement (except to the extent legally required).

Date: 09-03-2022 04:36:00
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