Try our mobile app
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”)
NOTICE IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT, 71 OF 2008, AS AMENDED
(the “Companies Act”)
1. Shareholders are advised that the Company has, along with certain of
its subsidiary companies, and for purposes of funding general corporate
and working capital requirements of the Gold Fields group, entered into
a sustainability-linked syndicated revolving credit facility agreement
of up to A$500 million (with a A$100,000,000 accordion option)(the
“Facility Agreement”). The Facility Agreement was concluded with a
syndicate of 10 banks, with the Commonwealth Bank of Australia as
Mandated Lead Arranger and Bookrunner, as well as Sustainability
Coordinator. The facility has a five-year term. The sustainability
linked key performance indicators for the term of the facility are
aligned with the Gold Fields strategy, its 2030 environmental, social
and governance targets as well as its recently refinanced US$ RCF.
2. In terms of the Facility Agreement, the Company (together with certain
of its subsidiaries) guarantee the punctual performance by each borrower
of its obligations under such Facility Agreement (each a “Guarantee”).
3. Shareholders are referred to the special resolution which was approved
by the shareholders at the Company’s annual general meeting (“AGM”) held
on 24 May 2023 in accordance with Section 45(3) of the Companies Act
(the “Special Resolution”), pursuant to which the shareholders of the
Company authorised the Company to provide “financial assistance”, as
defined in Section 45(1) of the Companies Act, to the entities
contemplated in the Special Resolution, namely, to any of its present
or future subsidiaries and/or any other company or entity that is or
becomes related or inter-related to the Company, at any time during a
period commencing on the date of passing of that special resolution and
ending at the next AGM of the Company .
4. Each Guarantee constitutes “financial assistance”, as defined in Section
45(1) of the Companies Act, to entities contemplated in the Special
Resolution.
5. Shareholders are hereby notified, as required in terms of section 45(5)
of the Companies Act, that the Board of Directors has adopted resolutions
to enter into the Facility Agreement (including the Guarantee).
2 October 2023
Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd
