GFI
GOGOF
GFI - Gold Fields Limited - Dealing in securities
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
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 granted on 1
March 2011 ("the Grant Date"), Share Appreciation Rights ("SARS") and
Performance Vesting Restricted Shares ("PVRS") to Mr. MMC Mutloane a director
of GFI Mining South Africa (Pty) Ltd, a major subsidiary of Gold Fields
Limited, as set out below. The offer was accepted on 30 March 2011.
SARS are allocated at the volume weighted average price of Gold Fields shares
over the 20 trading days preceding the Grant Date. SARS vest after three
years and participants have a further three years in which to exercise the
SARS. The value of the SARS which a participant may exercise will be the
difference between the Fair Market Value at date of exercise and the Fair
Market Value on the allocation date. The Company at its sole discretion can
decide to settle the SARS by issuing shares of the equivalent value or in
cash.
PVRS are conditionally awarded with the final number settled after three
years dependent on the performance criteria set being met. The number of
shares to be settled will range from 0% to 300% of the conditional award.
The determined number of PVRS will be settled to the participant in shares or
in cash at the Company`s discretion.
Name MMC Mutloane
Position Director of GFI Mining South
Africa (Pty) Ltd
Company Gold Fields Limited
No of SARS granted 3,825
SARS strike price R119.15
No of PVRS granted 2,175
PVRS strike price Nil
Class of underlying security Ordinary shares
to which rights attach
Nature of transaction Grant of SARS and PVRS
Vesting Period The PVRS and SARS vest on the
third anniversary of the
Grant Date
Nature of interest Direct Beneficial
In accordance with section 3.66 of the Listings Requirements the necessary
clearance was obtained to grant the abovementioned SARS and PVRS.
4 April 2011
Sponsor:
J.P. Morgan Equities Limited
Date: 04/04/2011 14:24:32 Produced by the JSE SENS Department.
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