Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated February 22, 2022, discloses dealings in securities by directors and prescribed officers. The report complies with the Listings Requirements of the Johannesburg Stock Exchange (JSE) regarding the vesting and subsequent sale of Performance Shares awarded under the Gold Fields 2012 Share Plan.
Key Financial Metrics
The filing does not provide consolidated financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on specific share transactions.
| Transaction Date | Share Price Range (ZAR) | Total Value of Sales (ZAR) |
|---|---|---|
| February 17, 2022 | R181.15 - R182.34 | R138,232,633.85 |
| February 18, 2022 | R181.59 - R187.79 | R193,979,561.33 |
| Total Reported Sales | - | R332,212,195.18 |
Material Changes
No material changes to the company's financial position or operations are reported in this filing. The document details the reduction of shareholdings by specific executives following the vesting of performance shares, with most directors selling their entire allocated holdings.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a regulatory disclosure of insider trading activity.
Key Facts for Investor Verification
- Transaction Nature: All reported sales were "on market" transactions following the vesting of Performance Shares under the 2012 Share Plan.
- Participants: Sales were executed by 12 directors and prescribed officers, including P.A. Schmidt, T.L. Leishman, B.J. Mattison, and L. Rivera.
- Retention: Most participants retained zero shares after the transaction. B.J. Mattison initially retained 109,538 shares on Feb 17 before selling them on Feb 18. M. Preece and N. Chohan had transactions recorded with zero shares traded but retained holdings valued at the time.
- Clearance: The company confirms that necessary clearance to deal in these securities was obtained in compliance with JSE Listings Requirements paragraph 3.66.