| Mon 15 Aug 2011, 14:17 | | GFI - Gold Fields Limited - Dealing in securities by a director |
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GFI
GOGOF
GFI - Gold Fields Limited - Dealing in securities by a director
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
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of
JSE Limited ("the Listings Requirements") we hereby advise that Mr Rupert L.
Pennant-Rea, a director of Gold Fields Limited, has exercised 10 000 Share
Options which were issued to him in terms of The GF Non-Executive Director
Share Plan, as amended.
Share options are offered at a strike price and vest after 12 months with a
further four years within which the participant can exercise the options
before the expiry date (total of five years from date of acceptance before
the options would expire). The value of the options which a participant may
exercise will be the difference between the Share price at the date of
exercise and the Strike price on the allocation date.
Details of the transactions are set out below:
RL Pennant-Rea
Nature of transaction On market sale of shares/options in terms of
the above scheme
Transaction Dates 12 and 15 August 2011,respectively
Number of Shares/Options 6000 and 1097,respectively
Class of Security Ordinary Shares
Strike price per share R68.59
option
Market price per share R116.50 and R116.42,respectively
Total Value R826,715.70 (R699,000.00 and R127,715.70)
Total proceeds R339,929.51
Vesting Period The options vests one year after acceptance
with a further four years within which the
participants can exercise the options before
the expiry date.
Nature of interest Direct and Beneficial
RL Pennant-Rea
Nature of transaction Off market acquisition of shares/options in
terms of the above scheme
Transaction Date 12 August 2011
Number of Shares/Options 2,903
Class of Security Ordinary Shares
Strike price per share R68.59
option
Market price per share R118.00
Total Value R342,554.00
Total cost R199,116.77
Vesting Period The options vests one year after acceptance
with a further four years within which the
participants can exercise the options before
the expiry date.
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.
15 August 2011
Sponsor:
J.P. Morgan Equities Limited
Date: 15/08/2011 14:17:01 Produced by the JSE SENS Department.
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