Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated March 3, 2020, reports a specific transaction involving a director rather than periodic financial results. The company is incorporated in South Africa and listed on the JSE, NYSE, and DIFX.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a director's share purchase transaction.
Material Changes
No material changes to the company's financial position or operations are reported in this document. The filing details a compliance transaction under the Johannesburg Stock Exchange (JSE) Listings Requirements regarding the Minimum Shareholding Requirement (MSR).
Management Commentary and Unusual Items
Director Share Purchase: Ms. R. Bardien, a Director of major subsidiaries, purchased 10,023 ordinary shares on the open market on February 28, 2020.
- Purpose: To comply with the MSR, converting 40% of her 2019 cash bonus into company shares.
- Transaction Value: R1,118,272.12 at a market price of R111.5706 per share.
- Restrictions: The shares are held in escrow for a mandatory five-year period.
Key Facts for Investor Verification
- Verify the company's Minimum Shareholding Requirement (MSR) policy approved at the May 18, 2016 AGM.
- Confirm the total number of shares held by Ms. R. Bardien post-transaction to ensure compliance with the 100% of Annual Remuneration Package target for executives.
- Note that this filing does not contain quarterly or annual financial performance data.