GFI
GOGOF
GFI - Gold Fields Limited - Dealing in securities by director
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
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE
Limited ("the Listings Requirements") we hereby advise that Mr SM Govender, a
Director of GFI Mining South Africa (Pty) Limited, 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:
SM Govender
Nature of transaction On market sale of shares in terms
of the above scheme / off market
exercise of options
Transaction Date 05 March 2012
Number of Shares/Options 1122
Class of Security Ordinary Shares
Strike price per share option R109.66
Market price per share R113.0000
Total Value R126,786.00
Total proceeds R3,747.48
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.
6 March 2012
Sponsor:
J.P. Morgan Equities Limited
Date: 06/03/2012 15:44:01 Produced by the JSE SENS Department.
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