Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


Results of the Sibanye-Stillwater Extraordinary General Meeting

Receive up-to-date information about the company directly via push notification

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:

Resolution
% of votes for the resolution (1)
% of votes against the resolution (1)
Number of
shares voted
  
% 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.

98.88%

  

1.12%

  

1,906,014,540

  

65.16%

  

0.16%

  

 

 

 

 Ordinary Resolution 2:
 Authority of directors

98.88%

  

1.12%

  

1,906,010,818

  

65.16%

  

0.16%

  
 Special Resolution 1: 
 Specific authority to amend Sibanye-Stillwater’s MOI

98.83%

  

1.17%

  

1,906,008,225

  

65.16%

  

0.16%

  
 Special Resolution 2: 
 Specific authority to repurchase shares from odd-lot holders

98.88%

  

1.12%

  

1,906,019,626

  

65.16%

  

0.16%

  
 Special Resolution 3: 
 Specific authority to repurchase shares from specific holders

98.85%

  

1.15%

  

1,886,784,608

  

64.51%

  

0.16%

  

 

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.

 

Investor relations contact:

Email: [email protected]

James Wellsted

Head of Investor Relations

Tel: +27 (0) 83 453 4014

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

Website: www.sibanyestillwater.com

 

In Europe:

Swiss Resource Capital AG

Jochen Staiger

[email protected]  

www.resource-capital.ch  

 

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required