Dealing in securities
Westonaria, 3 March 2016. In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited ("the Listings Requirements") we hereby advise that Mr NJ Froneman, the Chief Executive Officer of Sibanye Gold Limited has sold Performance Shares which were granted to him on 2 January 2013 (“the Grant Date).
Performance Shares are conditionally awarded with the final number settled after three years dependent on market and non-market conditions being met.
Details of the transaction are set out below:
Name | NJ Froneman |
Position | Chief Executive Officer |
Company | Sibanye Gold Limited |
Nature of transaction | Direct and Beneficial |
Nature of transaction | On market sale of Performance Shares |
Transaction Date | 2 March 2016 |
Number of Shares | 559 105 |
Class of Security | Ordinary shares |
Market Price per share | R52.2124 |
Total Value | R29 192 213.90 |
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.
Contact
James Wellsted SVP Investor Relations Sibanye Gold Limited +27 83 453 4014 james.wellsted@sibanyegold.co.za
Sponsor: J.P. Morgan Equities South Africa Proprietary Ltd