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

Release Date: 26/02/2019 11:40
Code(s): GFI
 
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”)

JSE, NYSE, DIFX Share Code: GFI
ISIN Code:     ZAE000018123

DEALING IN SECURITIES BY A DIRECTOR OF MAJOR SUBSIDIARIES

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
2016.

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
obtained.


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

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