6-K
Sibanye Stillwater Ltd (SBSW)
UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUERPURSUANT TO RULE 13a-16 OR 15d-16UNDER THE SECURITIES EXCHANGE ACT OF 1934
Dated 29 May 2025
Commission File Number 333-234096
Sibanye Stillwater Limited
(Translation of registrant's name into English)
Constantia Office ParkCnr 14th Avenue and Hendrik Potgieter RoadBridgeview House, Ground FloorWeltevreden Park, 1709South Africa(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Sibanye Stillwater Limited | ||
|---|---|---|
| Date: 29 May 2025 | ||
| By: | /s/ Charl Keyter | |
| Name: | Charl Keyter | |
| Title: | Chief Financial Officer |
EXHIBIT INDEX
| Exhibit | Description |
|---|---|
| 99.1 | Market release |
| --- | --- |
Exhibit99.1
| Sibanye Stillwater Limited<br><br><br><br>Incorporated in the Republic<br>of South Africa Registration number 2014/243852/06<br><br><br><br>Share codes: SSW (JSE) and<br>SBSW (NYSE) ISIN – ZAE000259701<br><br><br><br>Issuer code: SSW<br><br><br><br>(“Sibanye-Stillwater”,”the<br>Company” and/or “the Group”)<br><br><br><br><br><br><br><br>Registered Address:<br><br><br><br>Constantia Office Park<br><br><br><br>Bridgeview House • Building<br>11 • Ground Floor Cnr 14th Avenue & Hendrik Potgieter Road Weltevreden Park • 1709<br><br><br><br><br><br><br><br>Postal Address:<br><br><br><br>Private Bag X5 • Westonaria<br> • 1780<br><br><br><br><br><br><br><br>Tel +27 11 278 9600 •<br>Fax +27 11 278 9863<br><br><br><br><br><br><br><br>Website: www.sibanyestillwater.com |
|---|
MARKET RELEASE
Results of the Sibanye-Stillwater 2025 Annual GeneralMeeting
Johannesburg, 29 May 2025: Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) advises shareholders that all resolutions were passed by the requisite majority at the Group's Annual General Meeting (AGM) held by way of utilising electronic communication and electronic platforms at 09:00 (CAT) this morning.
The number of shares voted in person or by proxy was 2,418,286,973, representing 85.43% of Sibanye-Stillwater’s 2,830,567,264 total ordinary shares in issue. The resolutions proposed at the AGM and the percentage of shares voted for and against each resolution, as well as those that abstained, are set out below:
| Resolution | % of votes for the resolution ^(1)^ | % of votes against the resolution ^(1)^ | Number of<br><br> <br>shares voted<br><br> <br>**** | % of Shares voted ^(2)^ | % of Shares abstained ^(2)^ |
|---|---|---|---|---|---|
| Ordinary Resolution 1 –<br><br> <br>Appointment of auditors and Individual Auditor | 99,95% | 0,05% | 2,416,930,028 | 85,39% | 0,05% |
| Ordinary Resolution 2 –<br><br> <br>Election of a director: RA Stewart | 98,15% | 1,85% | 2,416,660,263 | 85,38% | 0,06% |
| Ordinary Resolution 3 –<br><br> <br>Election of a director: TM Nombembe | 99,76% | 0,24% | 2,416,558,459 | 85,37% | 0,06% |
| Ordinary Resolution 4 –<br><br> <br>Election of a director: PJ Hancock | 99,75% | 0,25% | 2,416,653,719 | 85,38% | 0,06% |
| Ordinary Resolution 5 –<br><br> <br>Re-election of a director: KA Rayner | 82,67% | 17,33% | 2,416,672,359 | 85,38% | 0,06% |
| Ordinary Resolution 6 –<br><br> <br>Re-election of a director: NJ Froneman | 96,99% | 3,01% | 2,416,785,483 | 85,38% | 0,05% |
| Ordinary Resolution 7.1 –<br><br> <br>Election of Chair and a member of the Audit Committee: TM Nombembe | 99,81% | 0,19% | 2,416,675,951 | 85,38% | 0,06% |
| Ordinary Resolution 7.2 –<br><br> <br>Re-election of a member of the Audit Committee: SV Zilwa | 99,74% | 0,26% | 2,416,707,647 | 85,38% | 0,06% |
| Ordinary Resolution 7.3 –<br><br> <br>Election of a member of the Audit Committee: HJR Kenyon-Slaney | 96,97% | 3,03% | 2,416,680,663 | 85,38% | 0,06% |
| --- | --- | --- | --- | --- | --- |
| Ordinary Resolution 7.4 –<br><br> <br>Election of a member of the Audit Committee: PJ Hancock | 99,79% | 0,21% | 2,416,697,935 | 85,38% | 0,06% |
| Ordinary Resolution 8.1 –<br><br> <br>Election of chair and re-election of member of the SESC: EJ Dorward-King | 98,34% | 1,66% | 2,416,670,727 | 85,38% | 0,06% |
| Ordinary Resolution 8.2 –<br><br> <br>Election of a member of the SESC: HJR Kenyon-Slaney | 96,95% | 3,05% | 2,416,657,771 | 85,38% | 0,06% |
| Ordinary Resolution 8.3 –<br><br> <br>Re-election of a member of the SESC: TV Maphai | 96,45% | 3,55% | 2,416,635,842 | 85,38% | 0,06% |
| Ordinary Resolution 8.4 –<br><br> <br>Election of a member of the SESC: PFM Boisseau | 98,40% | 1,60% | 2,416,624,247 | 85,38% | 0,06% |
| Ordinary Resolution 8.5 –<br><br> <br>Election of a member of the SESC: TM Nombembe | 99,77% | 0,23% | 2,416,613,103 | 85,38% | 0,06% |
| Ordinary Resolution 8.6 –<br><br> <br>Re-election of a member of the SESC: JS Vilakazi | 95,60% | 4,40% | 2,416,637,823 | 85,38% | 0,06% |
| Ordinary Resolution 8.7 –<br><br> <br>Re-election of a member of the SESC: KA Rayner | 87,33% | 12,67% | 2,416,641,419 | 85,38% | 0,06% |
| Ordinary Resolution 8.8 –<br><br> <br>Re-election of a member of the SESC: TJ Cumming | 95,53% | 4,47% | 2,416,639,171 | 85,38% | 0,06% |
| Ordinary Resolution 8.9 –<br><br> <br>Re-election of a member of the SESC: RP Menell | 96,03% | 3,97% | 2,416,655,379 | 85,38% | 0,06% |
| Ordinary Resolution 9 –<br><br> <br>Approval for the issue of authorised but unissued ordinary shares | 97,54% | 2,46% | 2,416,525,719 | 85,37% | 0,06% |
| Ordinary Resolution 10 –<br><br> <br>Approval for the issuing of equity securities for cash | 97,42% | 2,58% | 2,416,550,703 | 85,37% | 0,06% |
| Ordinary Resolution 11 –<br><br> <br>Non-binding advisory vote on remuneration policy | 97,70% | 2,30% | 2,416,067,606 | 85,36% | 0,08% |
| Ordinary Resolution 12 –<br><br> <br>Non-binding advisory vote on Remuneration Implementation Report | 75,53% | 24,47% | 2,416,260,530 | 85,36% | 0,07% |
| --- | --- | --- | --- | --- | --- |
| Special Resolution 1 –<br><br> <br>Approval for the annual retainer fees of non-executive directors resident<br> in Africa | 97,81% | 2,19% | 2,416,518,355 | 85,37% | 0,06% |
| Special Resolution 2 –<br><br> <br>Approval for the annual retainer fees of non-executive directors resident<br> outside of Africa | 80,51% | 19,49% | 2,416,522,147 | 85,37% | 0,06% |
| Special Resolution 3 –<br><br> <br>Approval for the Company to grant financial assistance in terms of<br> sections 44 and 45 of the Act | 79,89% | 20,11% | 2,416,177,635 | 85,36% | 0,07% |
| Special Resolution 4 –<br><br> <br>Acquisition of the Company’s own shares and American depository<br> shares | 81,95% | 18,05% | 2,416,889,102 | 85,39% | 0,05% |
| Notes:<br><br> <br>(1) The shares voted disclosed as a percentage in relation to the total number of shares voted at the meeting.<br><br> <br>(2) The shares voted or abstained disclosed as a percentage in relation to the total issued share capital. |
About Sibanye-Stillwater
Sibanye-Stillwater is a multinationalmining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. The Groupis also one of the foremost global recyclers of a suite of metals and has interests in leading mine tailings retreatment operations.
Sibanye-Stillwater is one of the world’s largestprimary producers of platinum, palladium, and rhodium and is a top tier gold producer. It also produces and refines iridium and ruthenium,nickel, chrome, copper and cobalt. The Group has also diversified into battery metals mining and processing and has increased its presencein the circular economy by growing its recycling and tailings reprocessing exposure globally. For more information refer to www.sibanyestillwater.com.
Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Executive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com
LinkedIn: https://www.linkedin.com/company/sibanye-stillwater
Facebook: https://www.facebook.com/SibanyeStillwater
YouTube: https://www.youtube.com/@sibanyestillwater/videos
X: https://twitter.com/SIBSTILL
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
DISCLAIMER
FORWARDLOOKING 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 presentation 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 or the Group) future financial position, business strategies, business prospects, industry forecasts, production and operational guidance, climate and ESG-related targets and metrics, and plans and objectives for future operations, project finance and the completion or successful integration of 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 2024 Integrated Report and annual report on Form 20-F filed with the Securities and Exchange Commission (SEC) on 25 April 2025 (SEC File no. 333-234096). These forward-looking statements speak only as of the date of this presentation. Sibanye-Stillwater expressly disclaims any obligation or undertaking to update or revise any forward-looking statement (except to the extent legally required).
Websites
References in this announcement to information on websites (and/or social media sites) are included as an aid to their location and such information is not incorporated in, and does not form part of, this announcement.