Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited (JSE, NYSE, DIFX: GFI) covers the month of November 2010. The report is a compliance disclosure regarding dealings in securities by a director and the Company Secretary, submitted pursuant to Rule 13a-16 of the Securities Exchange Act of 1934 and the Listings Requirements of the JSE Limited.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a regulatory notice of insider trading activity rather than a financial performance report.
Material Changes
No material changes to the company's financial position or operations are reported in this filing. The document details a specific transaction involving Director Mr. DMJ Ncube on November 25, 2010:
- Acquisition: Off-market acquisition of 2,700 Performance Vesting Restricted Shares (PVRS) under the 2005 Share Plan at a deemed price of R119.50 per share (Total Value: R322,650.00).
- Sale: On-market sale of 582 of the acquired shares at R119.50 per share (Total Value: R69,549.00).
- Retention: The director retained the remaining shares from the award.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It confirms that the necessary clearance to deal in the securities was obtained in compliance with paragraph 3.66 of the JSE Listings Requirements.
Investor Verification Checklist
- Verify the vesting schedule for the remaining 2,118 shares retained by Mr. Ncube (vests on the third anniversary following the grant date).
- Confirm the total number of shares held by Mr. Ncube post-transaction against other public filings.
- Review the full 2005 Share Plan terms to understand the performance conditions attached to the PVRS.