Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, a South African gold mining company, covers the month of August 2011. The report was filed on August 15, 2011, to disclose a specific transaction involving a director in compliance with JSE Listings Requirements.
Key Financial Metrics
The filing does not provide consolidated financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a director's securities transaction.
| Metric | Value |
|---|---|
| Director Involved | Mr. Rupert L. Pennant-Rea |
| Strike Price per Option | R68.59 |
| Market Price Range | R116.42 to R118.00 |
| Total Proceeds from Sale | R339,929.51 |
| Total Cost of Acquisition | R199,116.77 |
Material Changes
No material changes to the company's financial position or operations are reported. The filing details the exercise of 10,000 share options by a director, followed by on-market sales and an off-market acquisition of shares/options.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It is a regulatory disclosure of a director's compliance with share dealing rules.
Investor Verification Checklist
- Verify the total number of options exercised (10,000) and the split between on-market sales and off-market acquisitions.
- Confirm the strike price (R68.59) against the market prices on the transaction dates (August 12 and 15, 2011).
- Review the vesting schedule details: options vest one year after acceptance with a four-year exercise window thereafter.
- Check that necessary clearance for the securities dealing was obtained as per JSE paragraph 3.66.