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GOLD FIELDS LIMITED - Dealing in securities

Release Date: 26/02/2019 11:45
Code(s): GFI     PDF:  
Wrap Text
Dealing in securities

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 - 3.74 of the Listings
Requirements of JSE Limited, shareholders are advised that Gold
Fields Limited has awarded on 25 May 2018 (“the Award Date”), Award
effective 1 March 2018, Conditional Matching Shares to directors of
major   subsidiaries  of   Gold  Fields  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:

                                  A Baku
Nature of transaction             Off market acceptance of the shares

Transaction Date                  25 February 2019
Number of Shares                  4 489
Class of Security                 Ordinary Shares
Market Price per Share            R46.2814
Total Value                       R207 757.20
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
26 February 2019
JP Morgan Equities South Africa (Pty) Ltd

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