Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited (GFI) covers the month of September 2011. The report is a compliance disclosure regarding dealings in securities by a director of a major subsidiary, GFI Mining South Africa (Pty) Limited, in accordance with the Listings Requirements of the Johannesburg Stock Exchange (JSE).
Key Financial Metrics
The filing text does not provide consolidated revenue, profit, cash flow, margins, debt, or liquidity metrics for the Company. The document focuses exclusively on a specific director's transaction details:
- Transaction Type: On-market sale of shares following the exercise of Share Appreciation Rights (SARS).
- Strike Price: R103.99 per share option.
- Market Price: R129.1798 per share.
- Total Value of Transaction: R561,932.13.
- Total Proceeds: R109,575.63.
- Number of Shares: 4,350 Ordinary Shares.
Material Changes
The filing does not report material changes to the Company's financial position or operations compared to prior periods. It solely documents the execution of a pre-existing equity incentive plan for a director.
Guidance, Outlook, and Risks
The document contains no management commentary, financial guidance, or outlook for future periods. It notes that the necessary clearance to deal in the securities was obtained in compliance with JSE Listings Requirements paragraph 3.66. The filing confirms that SARS vest after three years and have a three-year exercise window post-vesting.
Investor Verification Checklist
- Verify the current status of the Gold Fields Limited 2005 Share Plan and any subsequent amendments.
- Confirm the total number of SARS outstanding and vested for all directors and executives.
- Review the Company's most recent Form 20-F or quarterly report for consolidated financial performance, as this 6-K does not contain such data.
- Check for any additional director dealings reported in subsequent filings for the same period.