Shareholders approve internal restructuring of Sibanye Gold
Sibanye Gold Limited and dual-listed miner Sibanye-Stillwater on Thursday announced that all resolutions for the approval of an internal restructuring process to create a new holding company and listings for the group to be effected by way of a scheme of arrangement, had been passed by the requisite majority of votes at a scheme meeting.
Completion of the scheme remains subject to the satisfaction or waiver of the outstanding scheme conditions precedent.
Subject to the satisfaction or waiver of conditions precedent, a finalisation date announcement will be made, which is slated for February 11.
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