GFI 201902220052A
Dealing in securities
Gold Fields Limited
Reg. No. 1968/004880/06)
Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
DEALING IN SECURITIES
In compliance with paragraphs 3.63 - 3.74 of the Listings
Requirements of JSE Limited, shareholders are advised that Gold
Fields Limited has awarded on 25 May 2018 ("the Award Date"),
Award effective 1 March 2018, Conditional Performance Shares to
directors of major subsidiaries of Gold Fields in terms of the
Gold Fields Limited 2012 Share Plan (as amended) as set out
below.
Performance Shares (PS) are conditionally awarded, based on a share
price of R46.2814 being the 3 day VWAP of 26, 27, 28 February 2018.
The shares were approved for awarding in 2018 however due to Gold
Fields Ltd going into a general closed period and a subsequent
special closed period which was imposed on management, the award
process was deferred to February 2019 upon lifting of the special
closed period. The number of PS which may settle to a participant on
vesting date i.e. three years from effective date of the award, will
be determined by the company achieving pre-determined performance
conditions as follows:
Relative Total Shareholder Return (TSR) - measured against the
performance of ten other major gold mining companies based on the
Gold Fields share price compared to the basket of respective US
dollar share prices of the peer group,
Absolute Total Shareholder Return (TSR) - Gold Fields share price
measured at the start and the end of the performance period.
Free Cash Flow Margin (FCFM) – achievement of pre-determined FCFM
target. The number of shares to be settled will range from 0% to
200% of the initial conditional award.
Name PA Schmidt
Position Director of a Major
Subsidiaries: Gold Fields Ltd,
Gold Fields Group Services
(Pty) Ltd, GFL Mining Services
Ltd
No of PS awarded and accepted 278,594
Award Acceptance Date 18 February 2019
Class of underlying security to Ordinary shares
which rights attach
Nature of transaction Off market acceptance of
Performance Shares awarded
Vesting Period Performance Shares vest on
third anniversary of effective
Award date
Nature of interest Direct and Beneficial
Name S Mathews
Position Director of a Major
Subsidiaries: Gold Fields
Australia (Pty) Ltd, GSM
Holding Company Limited
No of PS awarded and accepted 161,520
Award Acceptance Date 19 February 2019
Class of underlying security to Ordinary shares
which rights attach
Nature of transaction Off market acceptance of
Performance Shares awarded
Vesting Period Performance Shares vest on
third anniversary of effective
Award date
Nature of interest Direct and Beneficial
Name NA Chohan
Position Director of a Major
Subsidiaries: Gold Fields
Operations Limited, GFI Joint
Venture Holdings( Pty) Ltd
No of PS awarded and accepted 149,513
Award Acceptance Date 17 February 2019
Class of underlying security to Ordinary shares
which rights attach
Nature of transaction Off market acceptance of
Performance Shares awarded
Vesting Period Performance Shares vest on
third anniversary of effective
Award date
Nature of interest Direct and Beneficial
Name M Preece
Position Director of a Major
Subsidiaries: Gold Fields
Operations Ltd and GFI Joint
Venture Holdings (Pty) Ltd
No of PS awarded and accepted 75,153
Award Acceptance Date 18 February 2019
Class of underlying security to Ordinary shares
which rights attach
Nature of transaction Off market acceptance of
Performance Shares awarded
Vesting Period Performance Shares vest on
third anniversary of effective
Award date
Nature of interest Direct and Beneficial
Name R Bardien
Position Director of a Major
Subsidiaries
No of PS awarded and accepted 81,760
Award Acceptance Date 22 February 2019
Class of underlying security to Ordinary shares
which rights attach
Nature of transaction Off market acceptance of
Performance Shares awarded
Vesting Period Performance Shares vest on
third anniversary of effective
Award date
Nature of interest Direct and Beneficial
Name L Rivera
Position Director of a Major
Subsidiaries: Gold Fields La
Cima
No of PS awarded and accepted 196,218
Award Acceptance Date 15 February 2019
Class of underlying security to Ordinary shares
which rights attach
Nature of transaction Off market acceptance of
Performance Shares awarded
Vesting Period Performance Shares vest on
third anniversary of effective
Award date
Nature of interest Direct and Beneficial
In accordance with section 3.66 of the Listings Requirements, the
necessary clearance was obtained.
22 February 2019
Sponsor:
JP Morgan Equities Limited
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