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GOLD FIELDS LIMITED - Dealings in securities

Release Date: 05/06/2019 08:49
Code(s): GFI     PDF:  
 
Wrap Text
Dealings in securities

Gold Fields Limited
Reg. No. 1968/004880/06)
Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
(the “Company”)

DEALING IN SECURITIES

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 28 May 2019 (“the Award Date”),
Award effective 15 February 2019, Conditional Performance Shares
to directors of the Company and major subsidiaries in terms of
the Gold Fields Limited 2012 Share Plan (as amended) as set out
below.

Performance Shares (PS) are conditionally awarded, based on a share
price of R57.3756 being the 3 day VWAP of 27, 28, 29 February 2019.
The number of PS which may settle to a participant on vesting date
i.e. three years from effective date of the award, will be
determined by the company achieving pre-determined performance
conditions as follows:

Relative TSR - measured against the performance of ten other major
gold mining companies based on the Gold Fields share price compared
to the basket of respective US dollar share prices of the peer
group,
Absolute TSR - Gold Fields share price measured at the start and the
end of the performance period.
Free Cash Flow Margin – achievement of pre-determined FCFM target.
The number of shares to be settled will range from 0% to 200% of the
initial conditional award.

Name                              PA SCHMIDT
Position                          Director of Gold Fields Limited
No of PS awarded and accepted     238 268
Award Acceptance Date             03 June 2019
Class of underlying security to   Ordinary shares
which rights attach
Nature of transaction             Off market acceptance of
                                  Performance Shares awarded
Vesting Period                    Performance Shares vest on
                                  third anniversary of effective
                                  Award date
Nature of interest                Direct and Beneficial
Name                              A BAKU
Position                          Director of a Major Subsidiary:
                                  Gold Fields Ghana Pty Ltd
No of PS awarded and accepted     275 653
Award Acceptance Date             03 June 2019
Class of underlying security to   Ordinary shares
which rights attach
Nature of transaction             Off market acceptance of
                                  Performance Shares awarded
Vesting Period                    Performance Shares vest on
                                  third anniversary of effective
                                  Award date
Nature of interest                Direct and Beneficial
Name                              S MATHEWS
Position                          Director of Major Subsidiaries:
                                  Gold Fields Australia (Pty)
                                  Ltd, GSM Holding Company
                                  Limited
No of PS awarded and accepted     109 577
Award Acceptance Date             03 June 2019
Class of underlying security to   Ordinary shares
which rights attach
Nature of transaction             Off market acceptance of
                                  Performance Shares awarded
Vesting Period                    Performance Shares vest on
                                  third anniversary of effective
                                  Award date
Nature of interest                Direct and Beneficial
Name                              P WOODHOUSE
Position                          Director of Major Subsidiaries:
                                  Gold Fields Australia (Pty)
                                  Ltd, GSM Holding Company
                                  Limited
No of PS awarded and accepted     17 710
Award Acceptance Date             03 June 2019
Class of underlying security to   Ordinary shares
which rights attach
Nature of transaction             Off market acceptance of
                                  Performance Shares awarded
Vesting Period                    Performance Shares vest on
                                  third anniversary of effective
                                  Award date
Nature of interest                Direct and Beneficial


In accordance with section 3.66 of the Listings Requirements, the
necessary clearance was obtained.


05 June 2019
Sponsor:
JP Morgan Equities South Africa Proprietary Limited

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