2
Special Resolution 3 –
Approval for the allotment
and issue of Sibanye Shares,
including in particular but
not limited to the Proposed
Rights Offer Shares, as
required by and in terms of
section
41(3) of the Companies Act.
81.73
18.27
771,094,702
82.91
0.21
Ordinary Resolution 2 –
Placing control of the
authorised but unissued
Shares under the control of
the Directors for the
purpose of implementing the
Proposed Rights Offer.
81.84
18.16
771,035,015
82.90
0.21
Ordinary Resolution 3 –
Waiver of mandatory offer
provisions of the Companies
Act.
81.84
18.16
770,886,557
82.89
0.23
Ordinary Resolution 4 –
Approval for authority to
increase amount of
authorised but unissued
Shares to be issued by the
Board.
92.06
7.84
771,120,473
82.91
0.20
Notes:
(1)
The shares voted disclosed as a percentage in relation to the total number
of shares voted at the meeting.
(2)
The shares voted or abstained disclosed as a percentage in relation to the
total issued share capital.
Neal Froneman, CEO of Sibanye, commenting on the shareholder vote said: “We thank
our shareholders for their support for this transaction which represents a unique
and transformative opportunity to acquire world class, low-cost international PGM
assets. Stillwater offers near-term organic production growth through the Blitz
project, further enhancing Sibanye’s asset portfolio and will create in Sibanye,
a globally competitive South African mining champion with a unique commodity mix”.
The implementation of the Transaction is still subject to certain customary closing
conditions as well as the fulfilment of the final major condition precedent, i.e.
the approval of the Transaction by the holders of a majority of Stillwater’s
outstanding shares. The Stillwater shareholders meeting to vote on the Transaction
is scheduled to take place today, at 14:00 (Mountain Daylight Time (MDT)) (22:00
South African Time (SAT)). Sibanye shareholders will be notified once vote of the
Stillwater shareholders has occurred.