30 Jun - 3 min read

Dealings in securities by a Director and Prescribed Officers

Dealings in securities by a Director and Prescribed Officers

Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
“Sibanye-Stillwater” or “the Group” or “the Company”)
Website: www.sibanyestillwater.com

Dealings in securities by a Director and Prescribed Officers

Johannesburg, 30 June 2021: Sibanye-Stillwater, (Tickers JSE: SSW and NYSE: SBSW) in
compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements,
discloses the following:

Name                             NJ Froneman
Position                         Chief Executive Officer (Director)
Company                          Sibanye Stillwater
Nature of interest               Direct and Beneficial
Nature of transaction            Off-market collar hedge over 1 458 096
                                 ordinary shares of the Company with a put
                                 strike price of R47.62, call strike price of
                                 R100.00 and expires on 28 June 2023.
Transaction Date                 28 June 2021
Number of shares                 1 458 096
Class of Security                Ordinary shares
Market Price per security        R59.52
Total Value                      R86 785 873,92

Nature of interest               Direct and Beneficial
Nature of transaction            On market sale of ADRs
Transaction Date                 29 June 2021
Number of ADRs                   100 000
Class of Security                ADRS
Market Price per share           $16.6492
Total Value                      $1 664 920

Mr Froneman entered into an equity funding arrangement with a financial
institution which consisted of a loan agreement securitised by a simultaneous
collar hedge and equity lending transaction.

Name                             R van Niekerk
Position                         Chief Technical Officer (Prescribed Officer)
Company                          Sibanye Stillwater
Nature of interest               Direct and Beneficial
Nature of transaction            Off-market collar hedge over 873 895 ordinary
                                 shares of the Company with a put strike price of
                                 R56.63 and R29.81 and a call strike price of R75.30
                                 and expires on 14 October 2022
Transaction Date                 28 June 2021
Number of Options                873 895
Class of Security                European call options over Sibanye Stillwater
                                 ordinary shares
Market Price per security        R59.61
Total Value                      R52 092 881

Mr van Niekerk entered into an equity funding arrangement with a financial
institution which consisted of a loan agreement securitized by a simultaneous
equity lending transaction, for the life of transaction at zero cost.

Name                              RA Stewart
Position                          Chief Operating Officer (Prescribed Officer)
Company                           Sibanye Stillwater
Nature of interest                Direct and Beneficial
Nature of transaction             On market sale of shares
Transaction Date                  28 June 2021
Number of shares                  100 000
Class of Security                 Ordinary shares
Market Price per share            R60.00
Total Value                       R6 000 000

Nature of interest                Direct and Beneficial
Nature of transaction             On market sale of shares
Transaction Date                  30 June 2021
Number of Shares                  100 000
Class of Security                 Ordinary shares
Market Price per share            R59.00
Total Value                       R5 900 000

Nature of interest                Direct and Beneficial
Nature of transaction             Off-market collar hedge over 325 000 ordinary
                                  shares of the Company with a put strike price of
                                  R56.27 and R35.54 and a call strike price of
                                  R110.58 and expires on 30 June 2023
Transaction Date                  30 June 2021
Number of Options                 325 000
Class of Security                 European call options over Sibanye Stillwater
                                  ordinary shares
Market Price per security         R59.23
Total Value                       R19 251 765


Dr Stewart entered into an equity funding arrangement with a financial institution
which consisted of a loan agreement securitized by a simultaneous equity lending
transaction, for the life of transaction at zero cost.


Name                              TG Nkosi
Position                          Chief Social Performance Officer
Company                           Sibanye Stillwater Limited
Nature of interest                Direct and Beneficial
Nature of transaction             On market purchase of shares
Transaction Date                  25 June 2021
Number of Shares                  114 897
Class of Security                 Ordinary shares
Market Price per share            R60.50
Total Value                       R6 951 268,50

In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to
deal in the above securities has been obtained.

Ends.

Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Head of Investor Relations
Tel: +27 (0) 83 453 4014
www.sibanyestillwater.com

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

Date: 30-06-2021 04:33:00
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