Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated February 25, 2019, reports on dealings in securities by directors of major subsidiaries. The filing is made in compliance with the Listings Requirements of the Johannesburg Stock Exchange (JSE) regarding the Company's Minimum Shareholding Requirement (MSR).
Key Financial Metrics
The filing does not provide financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on share purchase transactions.
| Director | Transaction Date | Shares Purchased | Price per Share (ZAR) | Total Value (ZAR) |
|---|---|---|---|---|
| NA Chohan | 17 February 2019 | 10,770 | 46.2814 | 498,451.02 |
| M Preece | 18 February 2019 | 18,055 | 46.2814 | 835,611.26 |
| PA Schmidt | 18 February 2019 | 24,285 | 46.2814 | 1,123,944.58 |
Material Changes
The filing notes that share awards approved in 2018 were deferred to February 2019 due to a general closed period and a subsequent special closed period imposed on management. The transactions occurred immediately upon the lifting of the special closed period.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or management commentary regarding future financial performance. It details the MSR policy, which mandates executives hold shares for a five-year period in escrow. Targets are set at 200% of the Annual Guaranteed Remuneration Package for the CEO and 100% for the CFO and other executives. No specific risks or contingencies are disclosed in this report.
Investor Verification Points
- Verify the total aggregate value of shares purchased by directors to assess alignment with the MSR policy.
- Confirm the five-year escrow restriction on the purchased shares as stated in the filing.
- Note that this filing does not contain operational or financial results; refer to Form 20-F for comprehensive financial data.