Dealing in securities
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of JSE Limited, shareholders are advised that Mr. NJ Froneman has accepted Performance and Bonus Shares granted on 2 March 2015 (“the Grant Date”), in terms of the Sibanye Gold 2013 Share Plan as set out below.
Performance Shares are conditionally awarded with the final number settled after three years dependent on market and non- market conditions being met. The number of shares to be settled will range from 0% to 200% of the conditional award. The determined number of Performance Shares will be settled to the participant in shares.
Bonus Shares are linked to the annual bonus whereby the equivalent of two-thirds of the cash bonus is granted in Bonus Shares.
|Name||N J Froneman|
|Position||Chief Executive Officer of Sibanye Gold|
|No of Performance Shares granted||346 961|
|No of Bonus Shares granted||114 148|
|Performance Share and Bonus Share strike price||Nil|
|Date of acceptance of grant||27 May 2015|
|Class of underlying security to which rights attach||Ordinary shares|
|Nature of transaction||Off market acceptance of Performance Shares and Bonus Shares|
|Vesting Period||The Performance Shares vest on the third anniversary of the Grant Date and the Bonus Shares vest in equal parts on 9 months and 18 months of the Grant Date|
|Nature of interest||Direct and Beneficial|
In accordance with section 3.66 of the Listings Requirements, the necessary clearance was obtained to grant the abovementioned Performance Shares and Bonus Shares.
28 May 2015
Sponsor: JP Morgan Equities South Africa Proprietary Limited