To view the PDF file, sign up for a MySharenet subscription.

GOLD FIELDS LIMITED - Dealing in securities by a director of major subsidiaries

Release Date: 26/02/2019 11:40
Code(s): GFI     PDF:  
Wrap Text
Dealing in securities by a director of major subsidiaries

Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
(“Gold Fields” or “the Company”)

ISIN Code:     ZAE000018123


In    compliance   with   paragraphs    3.63    to    3.74   of   the
Listings Requirements of JSE Limited ("the Listings Requirements")
we hereby advise that Mr M Preece, a director of a Major
Subsidiaries Gold Fields Operations (GFO) and GFI Joint Venture 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

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 commit Gold Fields
shares toward the satisfaction of the MSR.

Details of the transactions are set out below:

                                  M Preece
Nature of transaction             On market purchase of shares
Transaction Date                  25 February 2019
Number of Shares                  31 000
Class of Security                 Ordinary Shares
Market Price per Share            R57,25.08
Total Value                       R1,774,774.80
Vesting Period                    Nil
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

26 February 2019
JP Morgan Equities South Africa (Pty) Ltd

Date: 26/02/2019 11:40:00 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.

Email this JSE Sens Item to a Friend.

Share This Story