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Dealings in securities

Published: 2023-05-26 11:13:23 ET
<<<  go to JSE:GFI company page
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

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of
JSE Limited (the “Listings Requirements”) the Company hereby advises that
directors and prescribed Officers of Gold Fields, and directors of major
subsidiaries of the Company accepted their conditional Performance Shares
(“PS”) which were awarded in terms of the Gold Fields 2012 Share Plan
(“Scheme”) as amended.

The PS are effective as at 1 March 2023 and have a three-year vesting period.
The price per share at allocation was the 3-day VWAP from 24 February to 28
February 2023. Vesting of the PS will be determined by the Company after
achieving pre-determined performance conditions measured over a three-year
performance period from 1 January 2023 to 31 December 2025.

Accordingly, the following trades are announced:

Name of Director, Prescribed           M Preece
Officer, Director of Major
subsidiary
Designation                            Executive director
Nature of transaction                  Off market acceptance of conditional
                                       Performance Shares
Class of Security                      Ordinary shares
Nature of interest                     Direct and Beneficial
Transaction Date                       24 May 2023
Number of Shares awarded               85,381
Price per share at allocation          R165,9378
Total Value                            R14,167,935
Vesting Period                         The award vests after the end of the
                                       performance period (31 December
                                       2025) subject to achieving pre-
                                       determined performance conditions.
Name of Director, Prescribed           PA Schmidt
Officer, Director of Major
subsidiary
Designation                            Executive director
Nature of transaction                  Off market acceptance of conditional
                                       Performance Shares
Class of Security                      Ordinary shares
Nature of interest                     Direct and Beneficial
Transaction Date                       24 May 2023
Number of Shares awarded               94,147
Price per share at allocation          R165,9378
Total Value                            R15,622,546
Vesting Period                         The award vests after the end of the
                                       performance period (31 December
                                       2025) subject to achieving pre-
                                       determined performance conditions.

Name of Director, Prescribed           NA Chohan
Officer, Director of Major
subsidiary
Designation                            Prescribed officer
Nature of transaction                  Off market acceptance of conditional
                                       Performance Shares
Class of Security               Ordinary shares
Nature of interest              Direct and Beneficial
Transaction Date                24 May 2023
Number of Shares awarded        46,733
Price per share at allocation   R165,9378
Total Value                     R7,754,771
Vesting Period                  The award vests after the end of the
                                performance period (31 December
                                2025) subject to achieving pre-
                                determined performance conditions.
Name of Director, Prescribed    R Bardien
Officer, Director of Major
subsidiary
Designation                     Prescribed officer
Nature of transaction           Off market acceptance of conditional
                                Performance Shares
Class of Security               Ordinary shares
Nature of interest              Direct and Beneficial
Transaction Date                24 May 2023
Number of Shares awarded        45,323
Price per share at allocation   R165,9378
Total Value                     R7,520,798
Vesting Period                  The award vests after the end of the
                                performance period (31 December
                                2025) subject to achieving pre-
                                determined performance conditions.
Name of Director, Prescribed    KM Carter
Officer, Director of Major
subsidiary
Designation                     Prescribed officer
Nature of transaction           Off market acceptance of conditional
                                Performance Shares
Class of Security               Ordinary shares
Nature of interest              Direct and Beneficial
Transaction Date                24 May 2023
Number of Shares awarded        39,730
Price per share at allocation   R165,9378
Total Value                     R6,592,708
Vesting Period                  The award vests after the end of the
                                performance period (31 December
                                2025) subject to achieving pre-
                                determined performance conditions.
Name of Director, Prescribed    S Mathews
Officer, Director of Major
subsidiary
Designation                     Prescribed officer
Nature of transaction           Off market acceptance of conditional
                                Performance Shares
Class of Security               Ordinary shares
Nature of interest              Direct and Beneficial
Transaction Date                24 May 2023
Number of Shares awarded        70,679
Price per share at allocation   R165,9378
Total Value                     R11,728,317
Vesting Period                  The award vests after the end of the
                                performance period (31 December
                                2025) subject to achieving pre-
                                determined performance conditions.
Name of Director, Prescribed    JK Mortoti
Officer, Director of Major
subsidiary
Designation                     Prescribed officer
Nature of transaction           Off market acceptance of conditional
                                Performance Shares
Class of Security               Ordinary shares
Nature of interest              Direct and Beneficial
Transaction Date                24 May 2023
Number of Shares awarded        69,118
Price per share at allocation   R165,9378
Total Value                     R11,469,288
Vesting Period                  The award vests after the end of the
                                performance period (31 December
                                2025) subject to achieving pre-
                                determined performance conditions.
Name of Director, Prescribed    L Rivera
Officer, Director of Major
subsidiary
Designation                     Prescribed officer
Nature of transaction           Off market acceptance of conditional
                                Performance Shares
Class of Security               Ordinary shares
Nature of interest              Direct and Beneficial
Transaction Date                24 May 2023
Number of Shares awarded        75,661
Price per share at allocation   R165,9378
Total Value                     R12,555,019
Vesting Period                  The award vests after the end of the
                                performance period (31 December
                                2025) subject to achieving pre-
                                determined performance conditions.
Name of Director, Prescribed    A Munt
Officer, Director of Major
subsidiary
Designation                     Director of Major Subsidiary
Nature of transaction           Off market acceptance of conditional
                                Performance Shares
Class of Security               Ordinary shares
Nature of interest              Direct and Beneficial
Transaction Date                24 May 2023
Number of Shares awarded        7,042
Price per share at allocation   R165,9378
Total Value                     R1,168,533
Vesting Period                  The award vests after the end of the
                                performance period (31 December
                                2025) subject to achieving pre-
                                determined performance conditions.
Name of Director, Prescribed    G Ovens
Officer, Director of Major
subsidiary
Designation                     Director of Major Subsidiary
Nature of transaction           Off market acceptance of conditional
                                Performance Shares
Class of Security               Ordinary shares
Nature of interest              Direct and Beneficial
Transaction Date                24 May 2023
Number of Shares awarded        9,204
Price per share at allocation   R165,9378
Total Value                     1,527,291
Vesting Period                  The award vests after the end of the
                                performance period (31 December
                                2025) subject to achieving pre-
                                determined performance conditions.
Name of Director, Prescribed        P Woodhouse
Officer, Director of Major
subsidiary
Designation                         Director of Major Subsidiary
Nature of transaction               Off market acceptance of conditional
                                    Performance Shares
Class of Security                   Ordinary shares
Nature of interest                  Direct and Beneficial
Transaction Date                    24 May 2023
Number of Shares awarded            6,115
Price per share at allocation       R165,9378
Total Value                         R1,014,709
Vesting Period                      The award vests after the end of the
                                    performance period (31 December
                                    2025) subject to achieving pre-
                                    determined performance conditions.
Name of Director, Prescribed        B Mokoatle
Officer, Director of Major
subsidiary
Designation                         Director of Major Subsidiary
Nature of transaction               Off market acceptance of conditional
                                    Performance Shares
Class of Security                   Ordinary shares
Nature of interest                  Direct and Beneficial
Transaction Date                    24 May 2023
Number of Shares awarded            11,876
Price per share at allocation       R165,9378
Total Value                         R1,970,677
Vesting Period                      The award vests after the end of the
                                    performance period (31 December
                                    2025) subject to achieving pre-
                                    determined performance conditions.
Name of Director, Prescribed        P Matete
Officer, Director of Major
subsidiary
Designation                         Director of Major Subsidiary
Nature of transaction               Off market acceptance of conditional
                                    Performance Shares
Class of Security                   Ordinary shares
Nature of interest                  Direct and Beneficial
Transaction Date                    25 May 2023
Number of Shares awarded            4,771
Price per share at allocation       R165,9378
Total Value                         R791,689
Vesting Period                      The award vests after the end of the
                                    performance period (31 December
                                    2025) subject to achieving pre-
                                    determined performance conditions.

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements,
shareholders are further advised of the disposal of Gold Fields’ shares by
an Executive Director:

 Name of Executive Director       PA Schmidt

 Nature of transaction            On market sale of shares

 Transaction Date                 25 May 2023

 Number of Shares                 110 000

 Class of Security                Ordinary Shares
  Price per Share                    R286.3442

  Total Value                        R31,497,862

  Vesting Period                     Nil

  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.

26 May 2023
Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd