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GFI - Gold Fields Limited - Dealing in securities by a director

Release Date: 15/08/2011 14:17
Code(s): GFI
Wrap Text

GFI - Gold Fields Limited - Dealing in securities by a director 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 BY A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited ("the Listings Requirements") we hereby advise that Mr Rupert L. Pennant-Rea, a director of Gold Fields Limited, has exercised 10 000 Share Options which were issued to him in terms of The GF Non-Executive Director Share Plan, as amended. Share options are offered at a strike price and vest after 12 months with a further four years within which the participant can exercise the options before the expiry date (total of five years from date of acceptance before the options would expire). The value of the options which a participant may exercise will be the difference between the Share price at the date of exercise and the Strike price on the allocation date. Details of the transactions are set out below: RL Pennant-Rea Nature of transaction On market sale of shares/options in terms of the above scheme
Transaction Dates 12 and 15 August 2011,respectively Number of Shares/Options 6000 and 1097,respectively Class of Security Ordinary Shares Strike price per share R68.59 option Market price per share R116.50 and R116.42,respectively Total Value R826,715.70 (R699,000.00 and R127,715.70) Total proceeds R339,929.51 Vesting Period The options vests one year after acceptance with a further four years within which the participants can exercise the options before the expiry date.
Nature of interest Direct and Beneficial RL Pennant-Rea
Nature of transaction Off market acquisition of shares/options in terms of the above scheme Transaction Date 12 August 2011 Number of Shares/Options 2,903 Class of Security Ordinary Shares Strike price per share R68.59 option Market price per share R118.00 Total Value R342,554.00 Total cost R199,116.77 Vesting Period The options vests one year after acceptance with a further four years within which the participants can exercise the options before the expiry date.
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. 15 August 2011 Sponsor: J.P. Morgan Equities Limited Date: 15/08/2011 14:17:01 Supplied by www.sharenet.co.za 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.

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