Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited (Gold Fields) covers the month of December 2011. The report is a compliance disclosure regarding dealings in securities by a director, rather than a financial results announcement.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The document contains no financial performance data for the company.
Material Changes
No material changes to the company's financial position or operations are reported in this filing. The document solely details a specific transaction involving a director's shareholding.
Management Commentary and Risks
The filing discloses that Mr. DMJ Ncube, a director, executed transactions under the Gold Fields Limited 2005 Non Executive Share Plan on December 1, 2011. The transactions included:
- Off-market acquisition: 2,922 ordinary shares at R137.20 per share (Total Value: R400,898.40).
- On-market sale: 2,078 ordinary shares at R137.20 per share (Total Value: R285,101.60).
The shares are subject to a vesting period of three years from the grant date. The company confirms that necessary clearance to deal in these securities was obtained in compliance with JSE Listings Requirements.
Key Facts for Investor Verification
- Verify the total number of shares held by Mr. DMJ Ncube following these transactions.
- Confirm the vesting schedule and grant date for the 2005 Non Executive Share Plan awards.
- Check the prevailing market price of Gold Fields shares on December 1, 2011, to validate the transaction price of R137.20.
- Review subsequent filings for the company's actual financial results for the period ending December 2011, as they are not included here.