R37.50 0.00%


    US$8.76 +0.01%

  • GOLD:US$/oz

    US$1,775 -0.04%

  • GOLD:ZAR/kg

    R972,432 +0.29%


    US$814 -0.15%



  • RHODIUM:US$/oz


  • ZAR:US$

    R17.04 +0.33%

  • Last updated

    6:59pm on Jul 03, 2020

Shareholders are referred to the announcement on 18 January 2016, confirming that the
acquisition of the Rustenburg Operations (“Rustenburg Transaction”) from Anglo American
Platinum Limited was overwhelmingly approved by Sibanye shareholders.

Further to that announcement Sibanye is also pleased to advise that at the special general
meeting of Aquarius Platinum Limited (“Aquarius”) held on 18 January 2016, the requisite
majority of Aquarius shareholders approved the resolution to approve the Amalgamation and
Amalgamation Agreement, whereby Sibanye will acquire all of the shares in Aquarius for a
cash consideration of USD 0.195 per share (‘the Aquarius Transaction’).

The implementation of the Aquarius Transaction remains subject to final conditions
precedent, including primarily, the approval of the Transaction by the South African
Competition Authorities.

Sibanye is committed to fulfilling the final conditions precedent to both the Rustenburg and
Aquarius Transactions as expeditiously as possible and shareholders will be advised as
soon as the outstanding conditions precedent have been fulfilled.

Neal Froneman, CEO of Sibanye commenting on the shareholder vote, said “It is extremely
pleasing to note the tremendous support shown by the Sibanye and Aquarius shareholders
for the acquisitions of the Rustenburg Operations and Aquarius. We look forward to
concluding both transactions as soon as possible and integrating the Rustenburg and
Aquarius operations into Sibanye. We are confident that significant value will be realised
from these world class platinum assets, for the benefit of all Sibanye stakeholders”.

19 January 2016



J.P. Morgan Equities South Africa Proprietary Limited

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