GFI 201902220055A
Dealing in Securities
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
("Gold Fields" or "the Company")
JSE, NYSE, DIFX Share Code: GFI
ISIN Code: ZAE000018123
DEALING IN SECURITIES
In compliance with paragraphs 3.63 to 3.74 of the
Listings Requirements of JSE Limited ("the Listings Requirements")
we hereby advise that Mr NA Chohan, a director of Major Subsidiaries
Gold Fields Operations (GFO) and GFI Joint Venture Ltd, Mr M Preece
a director of Major Subsidiaries Gold Fields Operations (GFO) and
GFI Joint Venture Ltd, and Mr PA Schmidt a director of Gold Fields
Ltd, Gold Fields Group Services (Pty) Ltd and GFL Mining Services
Ltd purchased Gold Fields Limited shares on the open market in
accordance with the introduction of the Company's Minimum
Shareholding Requirement (MSR) as approved at the AGM on 18 May
2016.
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.
Minimum Shareholding Requirement (MSR): The MSR is mandatory for
Executives to hold GFL shares for a five year period based on the
following target shareholdings:
CEO: 200% of Annual Guaranteed Remuneration Package
CFO and other Executives: 100% of Annual Remuneration Package
Executives may commit in accordance with the MSR through the
election prior to the determination of cash bonuses, vesting of
shares awarded or through personal investment to acquire Gold Fields
shares that will be restricted for five years and held in Escrow.
Details of the transactions are set out below:
NA Chohan
Nature of transaction On market purchase of shares
Transaction Date 17 February 2019
Number of Shares 10 770
Class of Security Ordinary Shares
Market Price per Share R46.2814
Total Value R498 451.02
Vesting Period The shares will be held in Escrow for
the 5 year holding period
Nature of interest Direct and Beneficial
M Preece
Nature of transaction On market purchase of shares
Transaction Date 18 February 2019
Number of Shares 18 055
Class of Security Ordinary Shares
Market Price per Share R46.2814
Total Value R835 611.26
Vesting Period The shares will be held in Escrow for
the 5 year holding period
Nature of interest Direct and Beneficial
PA Schmidt
Nature of transaction On market purchase of shares
Transaction Date 18 February 2019
Number of Shares 24 285
Class of Security Ordinary Shares
Market Price per Share R46.2814
Total Value R1 123 944.58
Vesting Period The shares will be held in Escrow for
the 5 year holding period
Nature of interest Direct and Beneficial
In terms of paragraph 3.66 of the Listings requirements the
necessary clearance to deal in the above securities has been
obtained.
22 February 2019
Sponsor:
JP Morgan Equities South Africa (Pty) Ltd
Date: 22/02/2019 04:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |