Sibanye Stillwater (SBSW) director Rayner Alfred reports direct and indirect stakes

Rhea-AI Filing Summary

Sibanye Stillwater Ltd director Rayner Keith Alfred has filed an initial ownership report showing his shareholdings. The filing lists 68,992 Ordinary Shares held directly and 10,000 Ordinary Shares held indirectly through KA Rayner Presentations CC. The entry reflects reported holdings rather than new share purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rayner Keith Alfred

Role Director

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 68,992 shares (Direct); Ordinary Shares — 10,000 shares (Indirect, By KA Rayner Presentations CC)

Footnotes (1)

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Rayner Keith Alfred

(Last) (First) (Middle)

CNR 14TH AVE & HENDRIK POTIETER

BRIDGEVIEW HSE, BLD 11, CONSTANTIA OFF.

(Street)

WELTEVREDEN PARK T3 1709

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Sibanye Stillwater Ltd [ SBSW ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	68,992	D
Ordinary Shares	10,000	I	By KA Rayner Presentations CC

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Keith Alfred Rayner	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Sibanye Stillwater (SBSW) Form 3 filing by Rayner Keith Alfred show?

The Form 3 shows director Rayner Keith Alfred’s existing ownership in Sibanye Stillwater. It reports 68,992 Ordinary Shares held directly and 10,000 Ordinary Shares held indirectly through KA Rayner Presentations CC, without indicating any recent purchases or sales.

How many Sibanye Stillwater (SBSW) shares does Rayner Keith Alfred hold directly?

Rayner Keith Alfred reports direct ownership of 68,992 Ordinary Shares of Sibanye Stillwater. This figure represents his personal holding as recorded in the Form 3 and does not, by itself, indicate any recent transaction activity or changes in that position.

What indirect Sibanye Stillwater (SBSW) holdings are reported for Rayner Keith Alfred?

The Form 3 reports 10,000 Ordinary Shares of Sibanye Stillwater held indirectly for Rayner Keith Alfred. These shares are owned through KA Rayner Presentations CC, indicating an entity-related holding rather than shares registered directly in his personal name.

Does the Sibanye Stillwater (SBSW) Form 3 indicate that Rayner Keith Alfred bought or sold shares?

The Form 3 lists holdings but does not show specific buy or sell transactions. Both entries are classified as holdings with unknown transaction codes, meaning the filing primarily establishes ownership levels rather than documenting new trading activity.

Why is Sibanye Stillwater (SBSW) director Rayner Keith Alfred filing a Form 3?

Form 3 is used to report initial beneficial ownership when someone becomes a director, officer, or large shareholder. In this case, it records Rayner Keith Alfred’s direct and indirect Ordinary Share positions in Sibanye Stillwater for regulatory transparency and ongoing monitoring.