Sibanye to list on 11 FebruaryComment on this story
Sibanye Gold is expected to be listed on the JSE and the NYSE on Monday‚ 11 February 2013‚ gold miner Gold Fields (GFI) said on Thursday.
Sibanye is a wholly owned subsidiary of Gold Fields and was previously known as GFI Mining South Africa Proprietary Limited. It will be listed on the main board of the JSE in the Gold Mining sector with the share code SGL and is expected to be listed on the NYSE under the symbol SBGL.
Following the listing‚ Gold Fields‚ on 18 February‚ will unbundle its interest in Sibanye Gold to shareholders.
Each shareholder will receive one Sibanye Gold share for each Gold Fields share‚ or one Sibanye Gold ADR for every four Gold Fields ADRs. - I-Net Bridge