Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated February 19, 2016, reports on dealings in securities involving a director of major subsidiaries. The filing complies with the Listings Requirements of the Johannesburg Stock Exchange (JSE) regarding the acceptance of a grant of Conditional Shares.
Key Financial Metrics
The filing does not provide consolidated revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on a specific equity transaction.
- Transaction Type: Grant of Conditional Shares
- Recipient: Mr. NJ Muller (Director of Major Subsidiaries)
- Number of Shares: 245,208 Ordinary Shares
- Market Price per Share: R35.48
- Total Value: R8,700,000
- Vesting Period: Three years from the grant date (December 1, 2015)
Material Changes
The filing discloses the acceptance of a share award on February 18, 2016, which was originally granted on December 1, 2015. The actual number of shares to be settled is determined by the Rules of the Gold Fields Limited 2012 Share Plan. No material changes to the company's financial position or operations are reported in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook for future periods. It notes that the necessary clearance to deal in the securities has been obtained in compliance with JSE Listings Requirements. No specific risks or contingencies are detailed beyond the conditional nature of the share award.
Key Facts for Investor Verification
- Verify the vesting conditions and performance metrics under the Gold Fields Limited 2012 Share Plan that determine the final settlement of the 245,208 shares.
- Confirm the current share price relative to the R35.48 valuation used for this transaction.
- Review the full text of the 2012 Share Plan rules to understand the "Conditional Shares" mechanism.
- Note that this filing does not contain financial performance data; refer to the most recent Form 20-F or quarterly reports for operational metrics.