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11.03.2022
Sibanye-Stillwater: Dealings in securities by Executive Directors and Prescribed Officers

 

Johannesburg, 11 March 2022: Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW - https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/) 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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

$17.40

$18.28

$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 –

High –

sell price -

 

$17.4000

$18.2800

$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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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 –

High –

sell price -

 

R66.43

R76.52

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

 

In Europe:

Swiss Resource Capital AG

Jochen Staiger

info@resource-capital.ch

www.resource-capital.ch

 



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