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GOLD FIELDS LIMITED - Dealing in securities

Release Date: 17/06/2021 13:02
Code(s): GFI     PDF:  
Wrap Text
Dealing in securities

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


DEALING IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES


In compliance with paragraphs 3.63 to 3.74 of the
Listings Requirements of JSE Limited ("the Listings Requirements"),
shareholders are advised that Gold Fields Limited has awarded on 14 June
2021(“the Award Date”), Award effective 14 June 2021, Conditional Matching
Shares to directors of major subsidiaries of Gold Fields in accordance
with the introduction of the Company’s Shareholding Requirements (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 shareholding:

CEO: Revised from 200% to 300% 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
period 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 transaction are set out below:

                                   Rosh Bardien
Nature of transaction              Off market acceptance of shares
Transaction Date                   14 June 2021
Class of Security                  Ordinary Shares
Number of Shares                   4 848
Market Price per Share*            R125.5882
Total Value                        R608,851.60
Vesting Period                     The shares will be held for the
                                   holding period of 6 years
Nature of interest                 Direct and Beneficial

                                   Richard Butcher
Nature of transaction              Off market acceptance of shares
Transaction Date                   14 June 2021
Class of Security                  Ordinary Shares
Number of Shares                   1 086
Market Price per Share*            R125.5882
Total Value                        R136,388.79
Vesting Period                     The shares will be held for the
                                   holding period of 6 years
Nature of interest                 Direct and Beneficial

                                          Stuart Mathews
 Nature of transaction                    Off market acceptance of shares
 Transaction Date                         14 June 2021
 Class of Security                        Ordinary Shares
 Number of Shares                         7 232
 Market Price per Share*                  R125.5882
 Total Value                              R908,253.86
 Vesting Period                           The shares will be held for the
                                          holding period of 6 years
 Nature of interest                       Direct and Beneficial

                                          Luis Rivera
 Nature of transaction                    Off market acceptance of shares
 Transaction Date                         14 June 2021
 Class of Security                        Ordinary Shares
 Number of Shares                         27 935
 Market Price per Share*                  R125.5882
 Total Value                              R 3,508,306.37
 Vesting Period                           The shares will be held for the
                                          holding period of 6 years
 Nature of interest                       Direct and Beneficial

* The market price is based on the annual vwap used to determine the award, which is a 3
day vwap preceding 1 March 2021.



Clearance to deal has been obtained in terms of 3.66 of the Listings
Requirements.

17 June 2021
Sponsor:
JP Morgan Equities South Africa (Pty) Ltd

Date: 17-06-2021 01:02:00
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