Sibanye-Stillwater: Dealings in securities by Directors and Prescribed Officer
Johannesburg, 30 August 2022: Sibanye-Stillwater, (Tickers JSE: SSW and NYSE: SBSW - https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/ ) in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, discloses the following:
Name |
NJ Froneman |
Position |
Executive Director |
Company |
Sibanye-Stillwater Limited |
Nature of interest |
Direct and Beneficial |
Nature of transaction |
On market purchase of ADRs |
Transaction Date |
26 August 2022 |
Number of shares |
20 000 |
Class of Security |
ADRs |
Market Price |
US$10.0254 |
Total Value |
US$200 508.00 |
|
|
Nature of transaction |
On market purchase of ADRs |
Transaction Date |
29 August 2022 |
Number of shares |
50 000 |
Class of Security |
ADRs |
Market Price |
US$9.6453 |
Total Value |
US$482 265.00 |
|
|
Name |
TV Maphai |
Position |
Independent Non-Executive Director |
Company |
Sibanye-Stillwater Limited |
Nature of interest |
Direct and Beneficial |
Nature of transaction |
On market purchase of shares |
Transaction Date |
26 August 2022 |
Number of shares |
30 341 |
Class of Security |
Ordinary shares |
Market Price |
R41.80 |
Total Value |
R1 268 253.80 |
|
|
Nature of transaction |
On market purchase of shares |
Transaction Date |
26 August 2022 |
Number of shares |
648 |
Class of Security |
Ordinary shares |
Market Price |
R41.78 |
Total Value |
R27 073.44 |
|
|
Nature of transaction |
On market purchase of shares |
Transaction Date |
26 August 2022 |
Number of shares |
8 000 |
Class of Security |
Ordinary shares |
Market Price |
R41.65 |
Total Value |
R333 200 |
|
|
Nature of transaction |
On market purchase of shares |
Transaction Date |
26 August 2022 |
Number of shares |
4 000 |
Class of Security |
Ordinary shares |
Market Price |
R41.30 |
Total Value |
R165 200.00 |
|
|
Nature of transaction |
On market purchase of shares |
Transaction Date |
26 August 2022 |
Number of shares |
4 600 |
Class of Security |
Ordinary shares |
Market Price |
R41.21 |
Total Value |
R189 566.00 |
Name |
C Carter |
Position |
Chief Regional Officer Americas Prescribed Officer |
Company |
Sibanye-Stillwater Limited |
Nature of interest |
Direct and Beneficial |
Nature of transaction |
On market purchase of ADRs |
Transaction Date |
25 August 2022 |
Number of shares |
75 000 |
Class of Security |
ADRs |
Market Price |
US$9.75 |
Total Value |
US$731 250.00 |
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal in the above securities has been obtained.
About Sibanye-Stillwater
Sibanye-Stillwater is a multinational mining and metals Group with a diverse portfolio of mining and processing operations and projects and investments across five continents. The Group is also one of the foremost global PGM autocatalytic recyclers and has interests in leading mine tailings retreatment operations. For more information, visit our website at www.sibanyestillwater.com
Investor relations contact:
Email: [email protected]
James Wellsted
Executive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
In Europe:
Swiss Resource Capital AG
Jochen Staiger
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”,”the Company” and/or “the Group”)
Registered Address:
Constantia Office Park
Bridgeview House - Building 11 - Ground Floor
Cnr 14th Avenue & Hendrik Potgieter Road
Weltevreden Park - 1709
Postal Address:
Private Bag X5 - Westonaria - 1780
Tel +27 11 278 9600
Fax +27 11 278 9863
Website: www.sibanyestillwater.com
FORWARD LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this announcement may be forward-looking statements. Forward-looking statements may be identified by the use of words such as “will”, “would”, “expect”, “forecast”, “potential”, “may”, “could”, “believe”, “aim”, “anticipate”, “target”, “estimate” and words of similar meaning.
These forward-looking statements, including among others, those relating to Sibanye-Stillwater Limited’s (“Sibanye-Stillwater”) future business prospects, financial positions, production and operational guidance, climate and ESG-related statements, targets and metrics, plans and objectives of management for future operations and ability to complete or successfully integrate ongoing and future acquisitions, are necessarily estimates reflecting the best judgement of Sibanye-Stillwater’s senior management. Readers are cautioned not to place undue reliance on such statements. Forward-looking statements involve a number of known and unknown risks, uncertainties and other factors, many of which are difficult to predict and generally beyond the control of Sibanye-Stillwater that could cause its actual results and outcomes to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. As a consequence, these forward-looking statements should be considered in light of various important factors, including those set forth in Sibanye-Stillwater’s 2021 Integrated Annual Report and annual report on Form 20-F filed with the United States Securities and Exchange Commission on 22 April 2022 (SEC File no. 333-234096). These forward-looking statements speak only as of the date of this announcement. Sibanye-Stillwater expressly isclaims any obligation or undertaking to update or revise any forward-looking statement (except to the extent legally required).
Sibanye Stillwater Ltd. Stock
Currently there is a rather positive sentiment for Sibanye Stillwater Ltd. with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 2 € shows a very positive potential of 100.0% compared to the current price of 1.0 € for Sibanye Stillwater Ltd..