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Results of Odd-lot Offer and Specific offer Posted by PublisherInternet Tuesday, 29. December 2020 Sibanye-Stillwater shareholders (?Shareholders?) are referred to the circular to Shareholders dated 2 November 2020, which contained details regarding the odd-lot offer (?Odd-lot Offer?) to Shareholders holding fewer than 100 Sibanye-Stillwater shares (?Odd-lot Holders?) and a specific offer (?Specific Offer?) to Shareholders holding 100 Sibanye-Stillwater shares or more but equal to or fewer than 400 Sibanye-Stillwater shares (?Specific Holders?), (collectively, ?Offers?). Shareholders are further referred to the General Meeting of Shareholders held on 1 December 2020, and the subsequent announcements released on the Stock Exchange News Service on (i) 1 December 2020, advising the voting results of the General Meeting; and (ii) 11 December 2020, advising the finalisation details relating to the Offers. ....
1. Introduction Sibanye-Stillwater shareholders (?Shareholders?) are referred to the Stock Exchange News Service (?SENS?) announcement dated 2 November 2020 wherein the board of directors of Sibanye-Stillwater (?Board?) advised of its intention to make an odd-lot offer (?Odd-lot Offer?) to Shareholders holding fewer than 100 Sibanye-Stillwater shares (?Odd-lot Holders?), and a specific offer (?Specific Offer?) to Shareholders holding 100 Sibanye-Stillwater shares or more but equal to or fewer than 400 Sibanye-Stillwater shares (?Specific Holders?), (collectively, ?Offers?). The implementation of the Offers will result in the repurchase by the Company of the Sibanye-Stillwater shares from the Odd-lot Holders and Specific Holders (?Offer Holders?), at an offer price determined as outlined in paragraph 2 below (?Offer Price?). ....