Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated September 7, 2015, reports on dealings in securities by directors of the company and its major subsidiaries. The filing is made in compliance with the Listings Requirements of the Johannesburg Stock Exchange (JSE) regarding the sale and vesting of Bonus Shares awarded under the Gold Fields Limited 2012 Share Plan.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on specific share transactions. The market price per share for on-market sales on September 4, 2015, was R40.8747, while the price for off-market vesting transactions was R42.1654.
Material Changes
There are no material changes to the company's financial position or operations reported in this filing. The document details the disposal of Bonus Shares by the following directors on September 4, 2015:
- JH Pauley: Sold 17,224 shares (Total Value: R704,025.83).
- NA Chohan: Sold 7,630 shares on-market (Total Value: R311,873.96) and vested 10,538 shares off-market (Total Value: R444,338.99).
- LN Samuel: Sold 8,041 shares on-market (Total Value: R328,673.46) and vested 11,106 shares off-market (Total Value: R468,288.93).
- A Munt: Sold 14,799 shares (Total Value: R604,904.69).
- CW Du Toit: Sold 16,847 shares (Total Value: R688,616.07).
- P Woodhouse: Sold 15,823 shares (Total Value: R646,760.38).
Guidance, Outlook, and Risks
The filing contains no management commentary, guidance, outlook, or discussion of risks and contingencies. It confirms that the necessary clearance to deal in the securities was obtained in terms of paragraph 3.66 of the Listings Requirements. The Bonus Shares vest in equal parts on 9 months and 18 months from the Grant Date.
Investor Verification Checklist
- Verify the total number of Bonus Shares held by the named directors prior to these transactions to assess remaining exposure.
- Confirm the specific Grant Dates for the 2012 Share Plan to validate the vesting schedule mentioned (9 and 18 months).
- Review the company's most recent Form 20-F or quarterly report for actual financial performance metrics, as this filing contains none.
- Check for any subsequent filings regarding further director share dealings or changes in the 2012 Share Plan.