Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited (Gold Fields) covers the month of August 2011. The report is submitted pursuant to Rule 13a-16 of the Securities Exchange Act of 1934 and complies with the Listings Requirements of the Johannesburg Stock Exchange (JSE). The filing specifically addresses a transaction involving the dealing in securities by a director of a major subsidiary.
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 presented relates to a specific director's share option exercise:
- Strike Price per Option: R83.18
- Market Price per Share: R118.00
- Total Value of Transaction: R283,200.00
- Total Proceeds: R83,568.00
Material Changes
The filing does not report material changes to the Company's financial position or operations compared to prior periods. The sole material event disclosed is the exercise of 2,400 share options by Mr. J. Pauley, a Director of a major subsidiary, on August 11, 2011. This transaction was conducted under the GF Management Incentive Scheme.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or outlook for the Company. It does not disclose new risks, contingencies, or unusual items affecting the business. The document confirms that necessary clearance to deal in the securities was obtained in compliance with paragraph 3.66 of the JSE Listings Requirements.
Investor Verification Checklist
- Verify the vesting schedule and expiry terms of the GF Management Incentive Scheme for future director transactions.
- Confirm the current market price of Gold Fields shares to assess the profitability of similar option exercises.
- Review the Company's Form 20-F for comprehensive financial performance data, as this 6-K is limited to a specific director transaction.
- Check for any subsequent filings regarding other directors' dealings in the same reporting period.