Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated June 20, 2013, reports a specific transaction involving a director of a major subsidiary. The filing is made in compliance with the Listings Requirements of the Johannesburg Stock Exchange (JSE) regarding dealings in securities by directors.
Key Financial Metrics
The filing does not provide consolidated financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the Company. The only financial data disclosed relates to a specific share transaction:
- Transaction Value: R1,404,021.17
- Market Price per Share: R59.5732
- Number of Shares Sold: 23,568
Material Changes
The filing discloses the on-market sale of 23,568 ordinary shares by Mr. R Weston, a director of a major subsidiary, on June 18, 2013. These shares were awarded under the Gold Fields Limited 2005 Share Plan (Performance Vesting Rights). The filing notes that the number of shares settled is determined by the company's performance relative to a peer group of five major gold mining companies, with a potential settlement range of 0% to 300% of the conditional award.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It strictly addresses the regulatory requirement to disclose the director's share sale and confirms that the necessary clearance to deal in the securities was obtained in accordance with JSE Listings Requirements.
Key Facts for Investor Verification
- Verify the identity of Mr. R Weston and his specific role within the major subsidiary of Gold Fields Limited.
- Confirm the vesting conditions and performance metrics used to determine the final number of shares awarded under the 2005 Share Plan.
- Check subsequent filings to determine if this transaction was part of a broader pattern of insider selling or buying.
- Note that this filing does not contain operational or financial results for the period; refer to Form 20-F or quarterly reports for those metrics.