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, 10 March 2017. 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, Chief
Executive Officer and Mr C Keyter, Chief Financial Officer of
Sibanye Gold Limited, has bought and/or sold Performance Shares
which were granted to them on 3 March 2014 (“the Grant Date).
Messrs Froneman and Keyter sold their Performance Shares in order
to settle their 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.
Details of the transactions are set out below:
Name
NJ Froneman
Position
Chief Executive 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
9 March 2017
Number of Shares
412 530
Class of Security
Ordinary shares
Market Price per share:
Low –
High –
VWAP -
R24.7000
R24.9000
R24.7879
Total Value
R10 225 752.39
Vesting Period
The Performance Shares vest on the
third anniversary of the Grant Date.
Nature of transaction
On market purchase of Performance
Shares
Transaction Date
9 March 2017
Number of Shares
493 754
Class of Security
Ordinary shares
Market Price per share:
Low –
High –
VWAP -
R25.1304
R25.1304
R25.1304
Total Value
R12 408 235.52
Vesting Period
The Performance Shares vest on the
third anniversary of the Grant Date.