Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, a South African gold mining company, is dated May 28, 2013. The report discloses dealings in securities by directors of Gold Fields Limited and its major subsidiaries in compliance with the Listings Requirements of the Johannesburg Stock Exchange (JSE).
Key Financial Metrics
The filing does not provide financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on director share transactions.
| Director | Transaction Type | Date | Shares | Price (ZAR) | Total Value (ZAR) |
|---|---|---|---|---|---|
| NJ Holland | Off-market acquisition (PVRS) | May 27, 2013 | 173,084 | 62.8428 | 10,877,083.20 |
| MD Fleischer | Off-market acquisition (PVRS) | May 27, 2013 | 54,784 | 62.8428 | 3,442,779.96 |
| PA Schmidt | Off-market acquisition (PVRS) | May 27, 2013 | 30,864 | 62.8428 | 1,939,580.18 |
| PA Schmidt | On-market sale (Tax liability) | May 24, 2013 | 25,366 | 56.0155 | 1,420,889.17 |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It details the vesting of Performance Vesting Restricted Shares (PVRS) under the 2005 Share Plan for three directors.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It confirms that necessary clearance to deal in the securities was obtained in accordance with JSE Listings Requirements.
Investor Verification Points
- Verify the vesting schedule for the Performance Vesting Restricted Shares (PVRS) awarded on May 27, 2013, which vest on the third anniversary of the grant date.
- Confirm the market price discrepancy between the off-market acquisition price (R62.8428) and the on-market sale price (R56.0155) for PA Schmidt's transactions.
- Review the full 2005 Share Plan terms to understand the conditions attached to the retained shares.