Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated April 1, 2016, reports a specific transaction involving a director's securities. 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 director's share sale:
- Transaction Date: March 31, 2016
- Shares Sold: 133,737 Ordinary Shares
- Market Price per Share: R60.0000
- Total Transaction Value: R8,024,220
Material Changes
The filing details the on-market sale of Performance Shares (PS) by Mr. PA Schmidt, a director. These shares were awarded under the Gold Fields Limited 2012 Plan. The number of shares settled is determined by the company's performance relative to a peer group of seven major gold mining companies, with settlement ranging from 0% to 200% of the conditional award. No material changes to the company's operations or financial position are reported in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It strictly serves as a regulatory disclosure of a director's transaction, noting that the necessary clearance to deal in the securities was obtained in accordance with JSE Listings Requirements.
Key Facts for Investor Verification
- Verify the vesting conditions and performance metrics of the Gold Fields Limited 2012 Plan to understand the context of the director's share settlement.
- Confirm the current share price and trading volume on the JSE and NYSE to assess the impact of the R8.0 million transaction relative to daily market activity.
- Note that this filing does not contain operational or financial results; investors should refer to the company's most recent Form 20-F or quarterly reports for financial performance data.