Sibanye Gold Limited
(Reg. No. 2002/031431/06)
(Incorporated in the Republic of South Africa)
(“Sibanye Gold” or “the Company”)
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
DEALING IN SECURITIES
Westonaria, 14 December 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 C Keyter, Chief
Financial Officer of Sibanye Gold Limited, has bought and/or
sold Performance Shares which were granted to him on 1 May 2013
(“the Grant Date). Mr C Keyter has bought and/or sold Bonus
Shares which were awarded to him in terms of The Sibanye Gold
Limited 2013 Share Plan on 2 March 2015 and 1 March 2016 to settle
the associated tax liability
.
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
ranges from 0% to 200% of the conditional award. The determined
number of Performance Vesting Restricted Shares are 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.
Details of the transactions are set out below:
Name
C Keyter
Position
Chief Financial Officer
Company
Sibanye Gold Limited
Nature of interest
Direct and Beneficial
Nature of transaction
On market sale of Performance Shares
to cover associated tax liability.
Transaction Date
12 December 2016
Number of Shares
309 100
Class of Security
Ordinary shares
Market Price per share:
Low –
High –
VWAP –
R23.80
R24.00
R23.9289
Total Value
R7 396 422.99
Vesting Period
The Performance Shares vest on the
third anniversary of the Grant Date.
Nature of transaction
On market sale of Bonus Shares to
cover associated tax liability
Transaction Date
12 December 2016
Number of Shares
10 900
Class of Security
Ordinary shares
Market Price per share
R24.00