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GOLD FIELDS LIMITED - Dealings in securities

Release Date: 01/06/2020 15:56
Code(s): GFI     PDF:  
Wrap Text
Dealings in securities

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   DIRECTORS OF MAJOR SUBSIDIARIES

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 29 May 2020 (“the Award Date”), Award
effective 1 March 2020, 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.


Minimum Shareholding Requirement (MSR): The MSR is mandatory for
Executives to hold GFL shares for a holding period of 6 years 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 the holding period and held in
Escrow.

Details of the transactions are set out below:

                                  M Preece
Nature of transaction             Off market acceptance of the shares

Transaction Date                  29 May 2020
Number of Shares                  27,442
Class of Security                 Ordinary Shares
Market Price per Share            R104.7568
Total Value                       R 2,874,737
Vesting Period                    The shares will be held for the
                                  holding period of 6 years
Nature of interest                Direct and Beneficial
                                  NA Chohan
Nature of transaction             Off market acceptance of the shares

Transaction Date                  29 May 2020
Number of Shares                  2,878
Class of Security                 Ordinary Shares
Market Price per Share            R104.7568
Total Value                       R301,490
Vesting Period                    The shares will be held for the
                                  holding period of 6 years

Nature of interest                Direct and Beneficial
                                  
                                  TL Harmse
Nature of transaction             Off market acceptance of the shares

Transaction Date                  29 May 2020
Number of Shares                  13,333
Class of Security                 Ordinary Shares
Market Price per Share            R104.7568
Total Value                       R1,396,723
Vesting Period                    The shares will be held for the
                                  holding period of 6 years
Nature of interest                Direct and Beneficial
                                  
                                  BJ Mattison
Nature of transaction             Off market acceptance of the shares

Transaction Date                  31 May 2020
Number of Shares                  6,666
Class of Security                 Ordinary Shares
Market Price per Share            R104.7568
Total Value                       R698,309
Vesting Period                    The shares will be held for the
                                  holding period of 6 years
Nature of interest                Direct and Beneficial

                                  A Nagaser
Nature of transaction             Off market acceptance of the shares

Transaction Date                  31 May 2020
Number of Shares                  3,200
Class of Security                 Ordinary Shares
Market Price per Share            R104.7568
Total Value                       R335,222
Vesting Period                    The shares will be held for the
                                  holding period of 6 years
Nature of interest                Direct and Beneficial

                                  R Butcher
Nature of transaction             Off market acceptance of the shares

Transaction Date                  31 May 2020
Number of Shares                  12,675
Class of Security                 Ordinary Shares
Market Price per Share            R104.7568
Total Value                       R1,327,793
Vesting Period                    The shares will be held for the
                                  holding period of 6 years
Nature of interest                Direct and Beneficial

                                  R Bardien
Nature of transaction             Off market acceptance of the shares

Transaction Date                  29 May 2020
Number of Shares                  4,844
Class of Security                 Ordinary Shares
Market Price per Share            R104.7568
Total Value                       R507,442
Vesting Period                    The shares will be held for the
                                  holding period of 6 years
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.




1 June 2020

Sponsor:
JP Morgan Equities South Africa (Pty) Ltd

Date: 01-06-2020 03:56:00
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