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GOLD FIELDS LIMITED - Dealing in securities by director of a major subsidiary

Release Date: 27/02/2018 16:41
Code(s): GFI     PDF:  
Wrap Text
Dealing in securities by  director of a major subsidiary

Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
(“Gold Fields” or “the Company”)

JSE, NYSE, DIFX Share Code: GFI
ISIN Code:     ZAE000018123

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In   compliance    with   paragraphs   3.63    to   3.74    of   the
Listings Requirements of JSE Limited ("the Listings Requirements")
we hereby advise that Mr NA Chohan, a director of Major Subsidiaries
Gold Fields Operations (GFO) and GFI Joint Venture Ltd,    purchased
Gold Fields Limited shares on the open market in accordance with the
introduction of the Company’s Minimum Shareholding Requirement (MSR)
as approved at the AGM on 18 May 2016.

Minimum Shareholding Requirement (MSR): The MSR is mandatory for
Executives to hold GFL shares for a five year period based on the
following target shareholdings:

CEO: 200% of Annual Guaranteed Remuneration Package
CFO and other Executives: 100% of Annual Remuneration Package

Executives may commit in accordance with the MSR through the
election prior to the determination of cash bonuses, vesting of
shares awarded or through personal investment to acquire Gold Fields
shares that will be restricted for five years and held in Escrow.

Details of the transactions are set out below:

                                  NA Chohan
Nature of transaction             On market purchase of shares (election
                                  prior to the determination of the
                                  FY2017 cash bonus to defer R200,000
                                  toward the purchase of Gold Fields
                                  shares)
Transaction Date                  27 February 2018
Number of Shares                  4,298
Class of Security                 Ordinary Shares
Market Price per Share            R46.1253
Total Value                       R198,246.53
Vesting Period                    The shares will be held in Escrow for
                                  a period of 5 years
Nature of interest                Direct and Beneficial


In terms    of paragraph 3.66 of the Listings requirements the
necessary   clearance to deal in the above securities has been
obtained.
27 February 2018
Sponsor:
JP Morgan Equities South Africa (Pty) Ltd

Date: 27/02/2018 04:41:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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