| Mon 21 May 2012, 16:16 | | GFI - Gold Fields Limited - Dealing in securities by director |
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GFI
GOGOF
GFI - Gold Fields Limited - Dealing in securities by 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 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 J Pauley, a
Director of a major subsidiary of Gold Fields Limited has exercised Share
Options which were issued to him in terms of The GF Management Incentive Scheme,
as amended.
Share options are offered at a strike price, with a third of the total share
option grant vesting upon the second, third and fourth anniversaries of the
grant date. The vested options can be exercised before the expiry date which is
seven years from the grant date. 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 transaction are set out below:
J Pauley
Nature of transaction On market sale of shares/off-market exercise
of options in terms of the above scheme
Transaction Date 18 May 2012
Number of Shares/Options 1,200
Class of Security Ordinary Shares
Strike price per share R67.93
option
Market price per share R103.5100
Total Value R124,212.00
Total proceeds R42,696.00
Vesting Period A third of the total share option grant vests
upon the second, third and fourth
anniversaries of the grant date and the
options expire seven years from grant date.
Nature of interest Direct and Beneficial
J Pauley
Nature of transaction On market sale of shares/off-market options
in terms of the above scheme
Transaction Date 18 May 2012
Number of Shares/Options 1,200
Class of Security Ordinary Shares
Strike price per share R76.75
option
Market price per share R103.8400
Total Value R124,608.00
Total proceeds R32,508.00
Vesting Period A third of the total share option grant vests
upon the second, third and fourth
anniversaries of the grant date and the
options expire seven years from grant 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.
21 May 2012
Sponsor:
J.P. Morgan Equities Limited
Date: 21/05/2012 16:16:14 Produced by the JSE SENS Department.
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