Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited (GFI) covers the month of November 2005. The report is a compliance disclosure regarding securities transactions by a director, specifically Mr. Gordon R Parker, in accordance with the Listings Requirements of the JSE Limited.
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 a specific director's share transaction rather than corporate financial performance.
Material Changes
No material changes to the company's financial position or operations are reported in this filing. The only reported activity is the exercise of share options and subsequent sale of shares by a retiring board member.
Management Commentary and Unusual Items
- Director Transaction: Mr. Gordon R Parker exercised 10,000 share options and sold the resulting shares on November 16, 2005.
- Transaction Details: The options were originally granted on February 21, 2005, with a strike price of R68.59. The shares were sold at R94.22 per share, totaling R942,200.
- Reason for Acceleration: The exercise date was brought forward to November 16, 2005, the day before the Annual General Meeting where Mr. Parker retired as a Board member.
- Compliance: Prior clearance for the transaction was obtained from the Chairman of the Board.
Key Facts for Investor Verification
- Verify the retirement status of Mr. Gordon R Parker from the Board of Gold Fields Limited.
- Confirm the total number of shares held by Mr. Parker post-transaction, as this filing only details the 10,000 shares involved in this specific exercise and sale.
- Check subsequent filings for the company's actual financial results for the period, as this 6-K contains no operational data.