Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited (a South African incorporated entity listed on the JSE, NYSE, and DIFX) covers the month of August 2010. The report specifically addresses a director's transaction in compliance with JSE Listings Requirements.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of a specific securities transaction rather than a financial performance statement.
Material Changes and Transactions
The filing discloses an off-market acquisition of shares by Mr. VP Pillay, a director of major subsidiaries of Gold Fields Limited. The details of the transaction are as follows:
- Transaction Date: 20 August 2010
- Number of Shares: 1,946 Ordinary shares
- Security Type: Performance Vesting Restricted Shares (PVRS) under the 2005 Share Plan
- Deemed Price per Share: R103.30
- Deemed Total Value: R201,021.80
- Vesting Period: Vests on the third anniversary following the grant date
- Nature of Interest: Direct and Beneficial
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document confirms that necessary clearance to deal in the securities was obtained in accordance with paragraph 3.66 of the Listings Requirements.
Investor Verification Points
- Verify the vesting schedule and performance conditions attached to the 1,946 PVRS awarded to Mr. VP Pillay.
- Confirm the total number of shares held by Mr. VP Pillay post-transaction to assess potential insider ownership concentration.
- Review the full 2005 Share Plan terms to understand the criteria for future vesting of similar awards.