Results of the Sibanye-Stillwater Extraordinary General Meeting
Johannesburg, 1 December 2020. Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) (https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/) is pleased to advise that all resolutions were passed by the requisite majority of shareholders, at the Group's Extraordinary General Meeting (the EGM), which was held through electronic communication and conducted by poll, at 09:00 (CAT) this morning.
This follows a notice to the EGM relating to an odd-lot offer and specific offer to minority shareholders, which was posted to shareholders on 2 November 2020. For more information refer to https://www.sibanyestillwater.com/news-investors/news/odd-lot-offer/.
The number of shares voted in person or by proxy was 1,910,660,298 representing 65.32% of Sibanye-Stillwater’s 2,925,001,704 ordinary shares in issue. The resolutions proposed at the EGM and the percentage of shares voted for and against each resolution, as well as those which abstained, are set out below:
% of votes for the resolution (1)
% of votes against the resolution (1)
% of Shares voted (2)
% of Shares abstained (2)
Ordinary Resolution 1:
Authority to make and implement the odd-lot offer, specifically the repurchase of the odd-lot holdings from odd-lot holders who do not make an election.
Ordinary Resolution 2:
Authority of directors
Special Resolution 1:
Specific authority to amend Sibanye-Stillwater’s MOI
Special Resolution 2:
Specific authority to repurchase shares from odd-lot holders
Special Resolution 3:
Specific authority to repurchase shares from specific holders
(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.
Investor relations contact:
Email: [email protected]
Head of Investor Relations
Tel: +27 (0) 83 453 4014
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
Swiss Resource Capital AG