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GFI - Gold Fields Limited - Dealing in securities by director

Release Date: 21/05/2012 16:16
Code(s): GFI
Wrap Text

GFI - Gold Fields Limited - Dealing in securities by 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 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 J Pauley, a Director of a major subsidiary of Gold Fields Limited has exercised Share Options which were issued to him in terms of The GF Management Incentive Scheme, as amended. Share options are offered at a strike price, with a third of the total share option grant vesting upon the second, third and fourth anniversaries of the grant date. The vested options can be exercised before the expiry date which is seven years from the grant date. 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 transaction are set out below: J Pauley Nature of transaction On market sale of shares/off-market exercise of options in terms of the above scheme
Transaction Date 18 May 2012 Number of Shares/Options 1,200 Class of Security Ordinary Shares Strike price per share R67.93 option Market price per share R103.5100 Total Value R124,212.00 Total proceeds R42,696.00 Vesting Period A third of the total share option grant vests upon the second, third and fourth anniversaries of the grant date and the options expire seven years from grant date.
Nature of interest Direct and Beneficial J Pauley
Nature of transaction On market sale of shares/off-market options in terms of the above scheme Transaction Date 18 May 2012 Number of Shares/Options 1,200 Class of Security Ordinary Shares Strike price per share R76.75 option Market price per share R103.8400 Total Value R124,608.00 Total proceeds R32,508.00 Vesting Period A third of the total share option grant vests upon the second, third and fourth anniversaries of the grant date and the options expire seven years from grant 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. 21 May 2012 Sponsor: J.P. Morgan Equities Limited Date: 21/05/2012 16:16:14 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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