Wrap Text
Dealings In Securities – Acceptance Of Conditional Share Rights
Gold Fields Limited
Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
JSE, NYSE, DIFX Share Code: GFI
ISIN Code: ZAE000018123
("Gold Fields" or the "Company")
DEALINGS IN SECURITIES – ACCEPTANCE OF CONDITIONAL SHARE RIGHTS
In compliance with paragraphs 6.77 to 6.90 of the Listings Requirements of the JSE
Limited (the "Listings Requirements") the Company hereby advises that Executive
Directors, Prescribed Officers of Gold Fields and Directors of major subsidiaries of
the Company, (collectively, "Directors") of Gold Fields have accepted conditional
Performance Share Rights ("PSR"), conditional Restricted Share Rights ("RSR") which
were awarded in terms of the Gold Fields Share Incentive Plan 2025 ("Scheme").
The Performance Share Rights ("PSR") are effective from 1 March 2026 and are subject
to a three-year vesting period. The price per share used to determine the allocation
of PSR was the 20-day volume weighted average price ("VWAP") from 2 February 2026 to
27 February 2026, as defined in the Scheme. Vesting of the PSR will be determined by
the Company based on the achievement of the prescribed performance conditions measured
over the three-year performance period from 1 January 2026 to 31 December 2028.
With regards to the Directors RSR awarded under the Scheme as part of the deferral
of a Short-Term Incentive ("STI") payment that has already been performance assessed,
are effective from 1 March 2026. The price per share used to determine the allocation
of RSR was the 20-day VWAP from 2 February 2026 to 27 February 2026, as defined in
the Scheme. The RSR are subject to continued employment conditions and a two-year
holding period, vesting in 2028.
Accordingly, the following acceptances of conditional PSRs and DSRs are disclosed:
Name of Executive Director MJ Fraser
Off market acceptance of conditional
Nature of transaction share rights in respect of ordinary
shares
Nature of interest Direct and beneficial interest in rights
Transaction Date 11 March 2026
Number of RSR Awarded 13,312
Number of PSR Awarded 46,854
Maximum number of Rights awarded 60,166
Deemed market price per share for
R859.6493
determining allocation
Exercise price of rights Nil
Deemed market value R51,721,659.78
Name of Executive Director AT Dall
Off market acceptance of conditional
Nature of transaction share rights in respect of ordinary
shares
Nature of interest Direct and beneficial interest in rights
Transaction Date 11 March 2026
Number of RSR Awarded 3,317
Number of PSR Awarded 13,496
Maximum number of Rights awarded 16,813
Deemed market price per share for
R859.6493
determining allocation
Exercise price of rights Nil
Deemed market value R14,453,283.68
Name of Prescribed Officer, Director of J Magagula
Major subsidiary
Off market acceptance of conditional
Nature of transaction share rights in respect of ordinary
shares
Nature of interest Direct and beneficial interest in rights
Transaction Date 11 March 2026
Number of RSR Awarded 2,893
Number of PSR Awarded 11,741
Maximum number of Rights awarded 14,634
Deemed market price per share for
R859.6493
determining allocation
Exercise price of rights Nil
Deemed market value R12,580,107.86
Name of Prescribed Officer, Director of KM Carter
Major subsidiary
Off market acceptance of conditional
Nature of transaction share rights in respect of ordinary
shares
Nature of interest Direct and beneficial interest in rights
Transaction Date 11 March 2026
Number of RSR Awarded 3,583
Number of PSR Awarded 12,004
Maximum number of Rights awarded 15,587
Deemed market price per share for
R859.6493
determining allocation
Exercise price of rights Nil
Deemed market value R13,399,353.64
Name of Prescribed Officer CO Gratias
Off market acceptance of conditional
Nature of transaction share rights in respect of ordinary
shares
Nature of interest Direct and beneficial interest in rights
Transaction Date 11 March 2026
Number of RSR Awarded 4,219
Number of PSR Awarded 13,935
Maximum number of Rights awarded 18,154
Deemed market price per share for
R859.6493
determining allocation
Exercise price of rights Nil
Deemed market value R15,606,073.39
Name of Prescribed Officer F Swanepoel
Off market acceptance of conditional
Nature of transaction share rights in respect of ordinary
shares
Nature of interest Direct and beneficial interest in rights
Transaction Date 11 March 2026
Number of RSR Awarded 4,493
Number of PSR Awarded 14,985
Maximum number of Rights awarded 19,478
Deemed market price per share for
R859.6493
determining allocation
Exercise price of rights Nil
Deemed market value R16,744,249.07
Name of Prescribed Officer M Steyn
Off market acceptance of conditional
Nature of transaction share rights in respect of ordinary
shares
Nature of interest Direct and beneficial interest in rights
Transaction Date 11 March 2026
Number of RSR Awarded 4,451
Number of PSR Awarded 12,845
Maximum number of Rights awarded 17,296
Deemed market price per share for
R859.6493
determining allocation
Exercise price of rights Nil
Deemed market value R14,868,494.29
With regards to the Company Secretary the RSR are effective from 1 March 2026. The
price per share used to determine the allocation of RSR was the 20-day VWAP from 2
February 2026 to 27 February 2026, as defined in the Scheme. This RSR is not part of
the deferral of a STI payment and is subject to continued employment, that will vest
in 2029.
Accordingly, the following acceptance of conditional PSRs and RSRs are disclosed:
Name of Company Secretary A Weststrate
Off market acceptance of conditional
Nature of transaction share rights in respect of ordinary
shares
Nature of interest Direct and beneficial interest in rights
Transaction Date 11 March 2026
Number of RSR Awarded 669
Number of PSR Awarded 1,505
Maximum number of Rights awarded 2,174
Deemed market price per share for
R859.6493
determining allocation
Exercise price of rights Nil
Deemed market value R1,868,877.58
In terms of paragraph 6.83 of the Listings Requirements the necessary clearances to
deal in the above securities have been obtained.
13 March 2026
Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd
Date: 13-03-2026 05:11:00
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