| Thu 12 Sep 2013, 8:28 | | SIBANYE GOLD LIMITED - Sibanye Gold declares maiden interim dividend for 2013 |
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SGL 201309120004A
Sibanye Gold declares maiden interim dividend for 2013
Sibanye Gold Limited
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye Gold” or “the Company”)
SIBANYE GOLD DECLARES MAIDEN INTERIM DIVIDEND FOR 2013
Westonaria, 12 September 2013: Further to the interim results
announcement on 14 August 2013, in which Sibanye Gold (JSE: SGL &
NYSE: SBGL) advised that it may consider declaring a dividend
once wage negotiations had been concluded subject to compliance
with certain debt covenants and the solvency and liquidity test
required by the Companies Act (“the conditions”), the Board is
satisfied that the conditions have been fulfilled and has
approved and declared interim dividend number 1 of 37 SA cents
per ordinary share (gross) in respect of the six months ended 30
June 2013.
The interim dividend will be subject to the new Dividends
Withholding Tax that was introduced with effect from 1 April
2012. In accordance with paragraphs 11.17 (a) (i) and 11.17 (c)
of the JSE Listings Requirements the following additional
information is disclosed:
• The dividend has been declared out of income reserves;
• The local Dividends Withholding Tax rate is 15% (fifteen per
centum);
• The gross local dividend amount is 37 SA cents per ordinary
share for shareholders exempt from the Dividends Tax;
• The Company has no STC credits available and the Dividend
Withholding Tax of 15% will be applicable to this dividend;
• The net local dividend amount is 31.4500 SA cents (85% of 37 SA
cents) per ordinary share for shareholders liable to pay the
Dividends Withholding Tax;
• Sibanye Gold currently has 734 879 031 ordinary shares in
issue;
• Sibanye Gold’s income tax reference number is 9431 292 151;and
• Sibanye Gold’s Auditors are KPMG Inc. and the individual
auditor is Mr Jacques Erasmus.
Shareholders are advised of the following dates in respect of the
interim dividend:
Interim dividend number 1: 37 SA cents per share
Last date to trade cum dividend: Friday, 27 September 2013
Sterling and US dollar conversion date: Monday, 30 September 2013
Shares commence trading ex-dividend: Monday, 30 September 2013
Record date: Friday, 4 October 2013
Payment of dividend: Monday, 7 October 2013
Please note that share certificates may not be dematerialised or
rematerialised between Monday, 30 September 2013, and Friday, 4
October 2013, both dates inclusive.
ENDS
Contact
James Wellsted
Head of Corporate Affairs
Sibanye Gold Limited
+27 83 453 4014
james.wellsted@sibanyegold.co.za
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
Date: 12/09/2013 08:28:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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