Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated March 5, 2013, reports a specific corporate governance event rather than periodic financial results. The filing discloses a transaction involving the disposal of securities by a director of a major subsidiary in compliance with JSE Listings Requirements.
Key Financial Metrics
The filing text does not provide consolidated revenue, profit, cash flow, margins, debt, or liquidity metrics for the company. The only financial data present relates to a specific director's transaction:
- Transaction Date: February 22, 2013
- Shares Sold: 2,651 Ordinary Shares
- Market Price per Share: R77.7743
- Total Transaction Value: R206,179.66
Material Changes
No material changes to the company's financial position or operations are reported in this document. The filing solely addresses the disposal of Bonus Shares (BS) awarded under the 2012 Share Plan by Mr. T Rowland, a Director of a major subsidiary.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook for future periods. It confirms that the necessary clearance to deal in the securities was obtained in accordance with paragraph 3.66 of the JSE Listings Requirements. The transaction involved shares with a vesting schedule where 50% vests 9 months post-grant and the remaining 50% vests 18 months post-grant.
Investor Verification Checklist
- Verify the identity of Mr. T Rowland and his specific role within the major subsidiary.
- Confirm the total number of Bonus Shares held by the director prior to this sale to assess the proportion of the holding disposed of.
- Review the full 2012 Share Plan terms to understand the performance criteria linked to the bonus award.
- Check subsequent filings for any additional director transactions or changes in the vesting schedule.