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 the directors of major
subsidiaries of Gold Fields Limited as set out below. These offers were
accepted on 2 and 7 June 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 MD Fleischer
Position Director of major subsidiaries
Company Gold Fields Limited
No of SARS granted 9,113
SARS strike price R119.15
No of PVRS granted 10,425
PVRS strike price Nil
Class of underlying security to Ordinary shares
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
Name TW Rowland
Position Director of major subsidiaries
Company Gold Fields Limited
No of SARS granted 5,963
SARS strike price R119.15
No of PVRS granted 6,113
PVRS strike price Nil
Class of underlying security to Ordinary shares
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
Name KFL Moabelo
Position Director of major subsidiaries
Company Gold Fields Limited
No of SARS granted 6,488
SARS strike price R119.15
No of PVRS granted 6,638
PVRS strike price Nil
Class of underlying security to Ordinary shares
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.
8 June 2011
Sponsor:
J.P. Morgan Equities Limited
Date: 08/06/2011 08:49:07 Produced by the JSE SENS Department.
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