GFI
GOGOF
GFI - Gold Fields Limited - Dealing in securities by director of a major
subsidiary
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 DIRECTOR OF A MAJOR SUBSIDIARY
In compliance with paragraphs 3.63 to 3.74 of the
Listings Requirements of JSE Limited ("the Listings Requirements") we
hereby advise that Mr J Pauley, a Director of a major subsidiary of Gold
Fields Limited has exercised Share Appreciation Rights (SARS) which were
issued to him in terms of the Gold Fields Limited 2005 Share Plan.
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.
Details of the transaction are set out below:
J PAULEY
Nature of transaction Off market exercise of options
and on market sale of shares in
terms of the above scheme
Transaction Date 22 November 2011
Number of Shares/Options 2,282
Class of Security Ordinary Shares
Strike price per share R103.99
option
Market price per share R125.5000
Total Value R286.391.00
Total proceeds R49,085.82
Vesting Period SARS vest after three years of
grant and participants have a
further three years before
expiry.
Nature of interest Direct and Beneficial
J PAULEY
Nature of transaction Off market exercise of options
and on market sale of shares in
terms of the above scheme
Transaction Date 22 November 2011
Number of Shares/Options 1,356
Class of Security Ordinary Shares
Strike price per share R107.59
option
Market price per share R125.5000
Total Value R170,178.00
Total proceeds R24,285.96
Vesting Period SARS vest after three years of
grant and participants have a
further three years before
expiry.
Nature of interest Direct and Beneficial
J PAULEY
Nature of transaction Off market exercise of options
and on market sale of shares in
terms of the above scheme
Transaction Date 22 November 2011
Number of Shares/Options 466
Class of Security Ordinary Shares
Strike price per share R124.19
option
Market price per share R125.5000
Total Value R58.483.00
Total proceeds R610.46
Vesting Period SARS vest after three years of
grant and participants have a
further three years before
expiry.
Nature of interest Direct and Beneficial
J PAULEY
Nature of transaction Off market exercise of options
and on market sale of shares in
terms of the above scheme
Transaction Date 22 November 2011
Number of Shares/Options 388
Class of Security Ordinary Shares
Strike price per share R125.28
option
Market price per share R125.5000
Total Value R48,694.00
Total proceeds R85.36
Vesting Period SARS vest after three years of
grant and participants have a
further three years before
expiry.
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.
22 November 2011
Sponsor:
JP Morgan Equities Limited
Date: 22/11/2011 15:38:31 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |