Finalisation announcement – Aquarius transaction
Sibanye shareholders are referred to the announcement released on 17 March 2016, confirming that the final significant condition precedent to the acquisition of all of the shares in Aquarius Platinum Limited (“Aquarius”) (“the Transaction”) was fulfilled.
In accordance with the Implementation Agreement signed in October 2015, Sibanye and Aquarius have now agreed that the Conditions Fulfilment Date will be set as Thursday, 24 March 2016. On the Conditions Fulfilment Date, the parties will confirm that all of the conditions required for the transaction to proceed have been satisfied and exchange executed copies of the Amalgamation Agreement, as well as other documentation required for the Transaction to become effective. The Effective Date of the transaction is now expected to be Tuesday, 12 April 2016, with payment occurring within 14 days thereof.
22 March 2016 Libanon
Contact
James Wellsted Sibanye Gold Limited +27 83 453 4014 james.wellsted@sibanyegold.co.za
Sponsor J.P. Morgan Equities South Africa Proprietary Limited