Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited (GFI) covers the month of September 2012. The report is a compliance disclosure regarding dealings in securities by directors of major subsidiaries, specifically GFI Mining South Africa (Pty) Ltd and Gold Fields La Cima S.A, in accordance with the Listings Requirements of the Johannesburg Stock Exchange (JSE).
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 rather than consolidated financial performance.
Material Changes and Transactions
The filing details specific transactions involving Performance Vesting Restricted Shares (PVRS) under the Gold Fields Limited 2005 Share Plan on September 3, 2012:
- Mr. J.L. Kruger: Executed an off-market purchase and on-market sale of 11,275 ordinary shares. The market price was R101.4904 per share, with a total value of R1,144,304.26.
- Mr. P.L. Turner: Executed two transactions:
- Off-market purchase and on-market sale of 6,548 ordinary shares at R101.4904 per share (Total Value: R664,559.14).
- Off-market acquisition of 9,425 ordinary shares at R99.8500 per share (Total Value: R941,086.25).
All shares are subject to a vesting period of three years from the grant date. Necessary clearance to deal in these securities was obtained per JSE Listings Requirements.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items beyond the standard disclosure of director share dealings.
Key Facts for Investor Verification
- Verify the vesting schedule and performance conditions attached to the PVRS awarded to directors J.L. Kruger and P.L. Turner.
- Confirm the total number of shares held by these directors post-transaction to assess their overall exposure to the company.
- Review the full 2005 Share Plan terms to understand the criteria for the "off-market purchase" and "on-market sale" mechanisms utilized.
- Note that this filing contains no operational or financial performance data for the period.