21 Jun - 8 min read

Dealings in securities by Executive Directors and Prescribed Officers

Dealings in securities by Executive Directors 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 Executive Directors and Prescribed Officers

Johannesburg, 21 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 ("the
Listings Requirements") hereby advises shareholders that Executive Directors and
Prescribed Officers (“PO”) of the Company have retained and/ or sold Performance Shares
which were granted on 1 March 2018 (“the Grant Date”) in terms of The Sibanye Stillwater
Limited 2017 Share Plan.

Name                        NJ Froneman
Position                    Chief Executive Officer
Company                     Sibanye Stillwater Limited
Nature of interest          Direct and Beneficial
Nature of transaction       On market sale of performance shares to
                            cover associated tax liability
Transaction Date            15 June 2021
Number of Shares            553 818
Class of Security           Ordinary shares
Market Price per share:
Low –                       R62.00
High –                      R62.89
Sell price -                R 62,0752
Total Value                 R 34 378 363,11

Transaction Date            17 June 2021
Number of Shares            123 817
Class of Security           Ordinary shares
Market Price per share:
Low –                       R59,75
High –                      R60,94
Sell price -                R60,0358
Total Value                 R7 433 452,65

Transaction Date            18 June 2021
Number of Shares            32 554
Class of Security           Ordinary shares
Market Price per share:
Low –                       R58,01
High –                      R59,74
Sell price -                R59,0914
Total Value                 R1 923 661,44

Nature of transaction       Retention of performance shares
Transaction Date            15 June 2021
Number of Shares            187 266
Class of Security           ADR
Market Price per share:
Low –                       US$19.62
High –                      US$19.62
Sell price -                US$19.62
Total Value                 US$3 674 158,92
Transaction Date          18 June 2021
Number of Shares          1 458 096
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62,9860
High –                    R62,9860
Sell price -              R62,9860
Total Value               R91 839 634,66

Vesting Period            The Performance Shares vest on the third
                          anniversary of the Grant Date

Name                      C Keyter
Position                  Chief Financial Officer
Company                   Sibanye Stillwater Limited
Nature of interest        Direct and Beneficial
Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          15 June 2021
Number of Shares          414 078
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62.00
High –                    R62.89
Sell price -              R62,0752
Total Value               R 25 703 974,67

Transaction Date          17 June 2021
Number of Shares          92 575
Class of Security         Ordinary shares
Market Price per share:
Low –                     R59,75
High –                    R60,94
Sell price -              R60,0358
Total Value               R5 557 814,19

Transaction Date          18 June 2021
Number of Shares          24 339
Class of Security         Ordinary shares
Market Price per share:
Low –                     R58,01
High –                    R59,74
Sell price -              R59,0914
Total Value               R1 438 225,58

Nature of transaction     Retention of performance shares
Transaction Date          18 June 2021
Number of Shares          1 090 187
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62,9860
High –                    R62,9860
Sell price -              R62,9860
Total Value               R68 666 518,38

Vesting Period            The Performance Shares vest on the third
                          anniversary of the Grant Date
Name                      RA Stewart
Position                  Chief Operations Officer (PO)
Company                   Sibanye Stillwater Limited
Nature of interest        Direct and Beneficial
Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          15 June 2021
Number of Shares          221 941
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62.00
High –                    R62.89
Sell price -              R62,0752
Total Value               R 13 777 031,96

Nature of transaction     On market sale of performance shares
Transaction Date          15 June 2021
Number of shares          19 092
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62.00
High –                    R62.89
Sell price -              R62,0752
Total Value               R 1 184 796,06

Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          17 June 2021
Number of shares          49 619
Class of Security         Ordinary shares
Market Price per share:
Low –                     R59,75
High –                    R60,94
Sell price -              R60,0358
Total Value               R2 978 916,36

Nature of transaction     On market sale of performance shares
Transaction Date          17 June 2021
Number of shares          4 268
Class of Security         Ordinary shares
Market Price per share:
Low –                     R59,75
High –                    R60,94
Sell price -              R60,0358
Total Value               R256 232,79

Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          18 June 2021
Number of Shares          13 047
Class of Security         Ordinary shares
Market Price per share:
Low –                     R58,01
High –                    R59,74
Sell price -              R59,0914
Total Value               R770 965,50

Nature of transaction     On market sale of performance shares
Transaction Date          18 June 2021
Number of Shares          1 122
Class of Security         Ordinary shares
Market Price per share:
Low –                     R58,01
High –                    R59,74
Sell price -              R59,0914
Total Value               R66 300,55

Nature of transaction     Retention of performance shares
Transaction Date          18 June 2021
Number of Shares          584 330
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62,9860
High –                    R62,9860
Sell price -              R62,9860
Total Value               R36 804 609,38

Vesting Period            The Performance Shares vest on the third
                          anniversary of the Grant Date


Name                      JD Mostert
Position                  Chief Organisational Growth Officer (PO)
Company                   Sibanye Stillwater Limited
Nature of interest        Direct and Beneficial
Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          15 June 2021
Number of Shares          7 735
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62.00
High –                    R62.89
Sell price -              R62,0752
Total Value               R480 151,67

Nature of transaction     On market sale of performance shares
Transaction Date          15 June 2021
Number of shares          415 888
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62.00
High –                    R62.89
Sell price -              R62,0752
Total Value               R25 816 330,78

Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          17 June 2021
Number of shares          1 729
Class of Security         Ordinary shares
Market Price per share:
Low –                     R59,75
High –                    R60,94
Sell price -              R60,0358
Total Value               R103 801,90

Nature of transaction     On market sale of performance shares
Transaction Date          17 June 2021
Number of shares          92 980
Class of Security         Ordinary shares
Market Price per share:
Low –                     R59,75
High –                    R60,94
Sell price -              R60,0358
Total Value               R5 582 128,68

Nature of transaction     On market sale of performance shares to
                          cover associated tax liability
Transaction Date          18 June 2021
Number of Shares          456
Class of Security         Ordinary shares
Market Price per share:
Low –                     R58,01
High –                    R59,74
Sell price -              R59,0914
Total Value               R26 945,68

Nature of transaction     On market sale of performance shares
Transaction Date          18 June 2021
Number of Shares          24 448
Class of Security         Ordinary shares
Market Price per share:
Low –                     R58,01
High –                    R59,74
Sell price -              R59,0914
Total Value               R1 444 666,55

Nature of transaction     Retention of performance shares
Transaction Date          18 June 2021
Number of Shares          20 366
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62,9860
High –                    R62,9860
Sell price -              R62,9860
Total Value               R1 282 772,876

Vesting Period            The Performance Shares vest on the third
                          anniversary of the Grant Date

Name                      R van Niekerk
Position                  Chief Technical Officer (PO)
Company                   Sibanye Stillwater Limited
Nature of interest        Direct and Beneficial
Nature of transaction     On market sale of shares awarded on 1
                          September 2017 and 1 March 2018 to cover
                          associated tax liability
Transaction Date          15 June 2021
Number of Shares          331 923
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62.00
High –                    R62.89
Sell price -              R62,0752
Total Value               R20 604 186,61

Transaction Date          17 June 2021
Number of Shares          74 208
Class of Security         Ordinary shares
Market Price per share:
Low –                     R59,75
High –                    R60,94
Sell price -              R60,0358
Total Value               R4 455 136,65

Transaction Date          18 June 2021
Number of Shares          19 513
Class of Security         Ordinary shares
Market Price per share:
Low –                     R58,01
High –                    R59,74
Sell price -              R59,0914
Total Value               R1 153 050,49

Nature of transaction     Retention of performance shares awarded 1
                          September 2017 and 1 March 2018
Transaction Date          18 June 2021
Number of Shares          873 895
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62,9860
High –                    R62,9860
Sell price -              R62,9860
Total Value               R55 043 150,47

Vesting Period            The Performance Shares vest on the third
                          anniversary of the Grant Date


Name                      TG Nkosi
Position                  Chief Social Performance Officer (PO)
Nature of interest        Direct and Beneficial
Nature of transaction     On market sale of performance shares
Transaction Date          15 June 2021
Number of Shares          334 464
Class of Security         Ordinary shares
Market Price per share:
Low –                     R62.00
High –                    R62.89
Sell price -              R62,0752
Total Value               R20 761 919,69

Transaction Date          17 June 2021
Number of Shares          74 776
Class of Security         Ordinary shares
Market Price per share:
Low –                     R59,75
High –                    R60,94
Sell price -              R60,0358
Total Value               R4 489 236,98

Transaction Date          18 June 2021
Number of Shares          19 660
Class of Security         Ordinary shares
Market Price per share:
Low –                     R58,01
High –                    R59,74
Sell price -              R59,0914
Total Value               R1 161 736,92

Nature of transaction     Retention of performance shares
Transaction Date          18 June 2021
Number of Shares          30 614
Class of Security         Ordinary shares
Market Price per share:
Low –                      R62,9860
High –                     R62,9860
Sell price -               R62,9860
Total Value                R1 928 253,40

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.


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: 21-06-2021 04:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Sibanye Stillwater Limited (JSE:SSW) when you join Listcorp.