Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated August 31, 2017, reports a specific corporate governance event rather than periodic financial results. The filing discloses dealings in securities by a director of a major subsidiary in compliance with JSE Limited Listings Requirements.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The only financial data present relates to a specific share award transaction:
- Total Value of Shares at Effective Date: R5,504,984.43
- Award Price: R41.2943 per share (3-day VWAP of February 24, 27, and 28, 2017)
- Number of Shares Awarded: 133,311 Conditional Performance Shares
Material Changes
No material changes to the company's financial position or operations are reported in this document. The filing details the award of 133,311 Conditional Performance Shares to Mr. A. Baku, a director of Gold Fields Ghana (Pty) Limited, on August 22, 2017, with an effective date of March 1, 2017.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. The primary contingency noted is that the vesting of the awarded shares is conditional upon the company achieving pre-determined performance conditions approved by the Remuneration Committee. The shares vest on the third anniversary of the effective date, subject to these conditions.
Investor Verification Checklist
- Verify the specific performance conditions required for the 133,311 shares to vest.
- Confirm the current status of Mr. A. Baku's directorship at Gold Fields Ghana (Pty) Limited.
- Review the Gold Fields Limited 2012 Share Plan for full terms regarding conditional performance shares.
- Note that this filing does not contain quarterly or annual financial performance data.