Form 8.3 - Sibanye Gold


FORM 8.3



Rule 8.3 of the Takeover Code (the “Code”)


(a) Full name of discloser:   Millennium International Management LP
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

  Sibanye Gold Ltd (trading as Sibanye-Stillwater)
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

  18 April 2018
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state “N/A”




If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:




  Interests   Short positions
  Number   %   Number   %
(1) Relevant securities owned and/or controlled:   12,252,148   0.541%   12,198,668   0.538%
(2) Cash-settled derivatives:   9,786,487   0.432%   5,464,883   0.241%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:                


  22,038,635   0.973%   17,663,551   0.780%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:  
Details, including nature of the rights concerned and relevant percentages:  


Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security   Purchase/sale   Number of securities   Price per unit
US8257242060   Purchase   100   3.57
US8257242060   Purchase   1,800   3.575
US8257242060   Purchase   700   3.578
US8257242060   Purchase   1,200   3.579
US8257242060   Purchase   5,500   3.58
US8257242060   Purchase   700   3.582
US8257242060   Purchase   900   3.584
US8257242060   Purchase   300   3.585
US8257242060   Sale   300   3.493
US8257242060   Sale   300   3.497
US8257242060   Sale   1,200   3.5
US8257242060   Sale   300   3.503
US8257242060   Sale   500   3.506
US8257242060   Sale   100   3.533
US8257242060   Sale   1,200   3.537
US8257242060   Sale   10   3.54
US8257242060   Sale   1,200   3.544
US8257242060   Sale   100   3.545
US8257242060   Sale   1,000   3.55
US8257242060   Sale   500   3.56
US8257242060   Sale   1,200   3.57
US8257242060   Sale   300   3.577
US8257242060   Sale   2,300   3.58
US8257242060   Sale   1,200   3.583
US8257242060   Sale   4,587   3.585
US8257242060   Sale   300   3.587
US8257242060   Sale   9,799   3.59
US8257242060   Sale   1,283   3.595
US8257242060   Sale   1,500   3.599
US8257242060   Sale   5,870   3.6
US8257242060   Sale   262   3.602
US8257242060   Sale   9,406   3.605
US8257242060   Sale   400   3.608
US8257242060   Sale   4,800   3.61
US8257242060   Sale   584   3.615
US8257242060   Sale   400   3.618
US8257242060   Sale   800   3.62
US8257242060   Sale   500   3.621
US8257242060   Sale   416   3.622
US8257242060   Sale   100   3.5
US8257242060   Sale   1,200   3.53
US8257242060   Sale   200   3.535
US8257242060   Sale   100   3.54
US8257242060   Sale   100   3.545
US8257242060   Sale   200   3.55
US8257242060   Sale   200   3.555
US8257242060   Sale   600   3.56
US8257242060   Sale   200   3.565
US8257242060   Sale   600   3.57
US8257242060   Sale   300   3.575
US8257242060   Sale   900   3.58
US8257242060   Sale   1,200   3.585
US8257242060   Sale   1,200   3.59
US8257242060   Sale   900   3.595
US8257242060   Sale   600   3.6
US8257242060   Sale   800   3.605
US8257242060   Sale   300   3.615
US8257242060   Sale   100   3.625
US8257242060   Sale   100   3.635
US8257242060   Sale   200   3.485
US8257242060   Sale   927   3.49
US8257242060   Sale   300   3.495
US8257242060   Sale   973   3.5
US8257242060   Sale   100   3.505
US8257242060   Sale   200   3.51
US8257242060   Sale   300   3.515
US8257242060   Sale   800   3.52
US8257242060   Sale   200   3.525
US8257242060   Sale   2,600   3.53
US8257242060   Sale   2,000   3.54
US8257242060   Sale   300   3.55
US8257242060   Sale   3,440   3.56
US8257242060   Sale   18,625   3.57
US8257242060   Sale   7,415   3.575
US8257242060   Sale   1,500   3.578
US8257242060   Sale   25,975   3.58
US8257242060   Sale   2,534   3.582
US8257242060   Sale   4,647   3.583
US8257242060   Sale   33,852   3.585
US8257242060   Sale   3,900   3.586
US8257242060   Sale   4,100   3.587
US8257242060   Sale   1,250   3.588
US8257242060   Sale   27,605   3.59
US8257242060   Sale   2,550   3.591
US8257242060   Sale   1,100   3.592
US8257242060   Sale   600   3.593
US8257242060   Sale   1,400   3.594
US8257242060   Sale   152,923   3.595
US8257242060   Sale   11,010   3.598
US8257242060   Sale   34,980   3.6
US8257242060   Sale   390   3.601
US8257242060   Sale   7,500   3.605
US8257242060   Sale   31,135   3.61
US8257242060   Sale   3,400   3.615
US8257242060   Sale   1,041   3.62
US8257242060   Sale   900   3.625
US8257242060   Sale   3,400   3.63
US8257242060   Sale   1,200   3.635

(b) Cash-settled derivative transactions

Class of relevant security   Product description

e.g. CFD

  Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

  Number of reference securities   Price per unit
ZAE000173951   CFD   Increasing a long position   568,737   10.516 ZAR
ZAE000173951   CFD   Reducing a long position   78,171   10.671 ZAR
ZAE000173951   CFD   Reducing a long position   274,591   10.469 ZAR
ZAE000173951   CFD   Reducing a long position   286,667   10.317 ZAR
ZAE000173951   CFD   Reducing a long position   104,111   10.514
ZAE000173951   CFD   Reducing a short position   116,856   10.457

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security   Product description e.g. call option   Writing, purchasing, selling, varying etc.   Number of securities to which option relates   Exercise price per unit   Type

e.g. American, European etc.

  Expiry date   Option money paid/ received per unit

(ii) Exercise

Class of relevant security   Product description

e.g. call option

  Exercising/ exercised against   Number of securities   Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security   Nature of dealing

e.g. subscription, conversion

  Details   Price per unit (if applicable)


(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”


(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state “none”


(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure:   19 April 2018
Contact name:   Myriam Soper
Telephone number:   +44 203 650 8261

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at

Category Code: RET
Sequence Number: 645380
Time of Receipt (offset from UTC): 20180419T152444+0100


Millennium Partners, L.P.


Millennium Partners, L.P.