Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Mon 8 Nov 2004, 8:30 Gold Fields Sues to Stop Harmony Offer in the US
GOLD FIELDS SUES TO STOP HARMONY OFFER IN THE UNITED STATES                     
Gold Fields Limited                                                             
(Incorporated in the Republic of South Africa)                                  
Registration number: 1968/004880/06                                             
JSE code: GFI    ISIN: ZAE000018123                                             
(`Gold Fields` or `the company`)                                                
MEDIA RELEASE                                                                   
Gold Fields Sues to Stop Harmony Offer in the United States                     
Johannesburg, 5 November 2004 :   Gold Fields Limited (GFI: JSE and NYSE) today 
announced that it has filed a complaint in the United States District Court for 
the Southern District of New York against Harmony Gold Mining Limited (HAR:JSE  
and HMY:NYSE) in connection with Harmony`s coercive two-step offer for the      
shares of Gold Fields.  The complaint alleges that Harmony has violated US      
securities laws and seeks to stop Harmony`s unsolicited and hostile offer.      
The complaint alleges that Harmony`s early settlement offer, pursuant to which  
Harmony is seeking to acquire up to 34.9% of Gold Fields shares, is unlawful    
because the registration statement and related tender offer documents filed with
the U.S. Securities and Exchange Commission are misleading, inaccurate and omit 
material information about Harmony and its coercive two-step offer structure.   
The Gold Fields Board has initiated this law suit because it believes that Gold 
Fields shareholders are being forced to make a crucial investment decision      
without accurate and complete information about the offer structure and         
Harmony`s plans if it gains control of Gold Fields.  Gold Fields has asked the  
court to stop Harmony`s offer until Harmony provides shareholders with all      
material information about its offer, and the Gold Fields shareholders have had 
adequate time to absorb and consider this new information                       
The Gold Fields Board believes that Harmony`s offer does not fully value Gold   
Fields and recommends that Gold Fields shareholders reject Harmony`s unsolicited
and hostile offer and not tender their Gold Fields shares into the offer.       
ends                                                                            
In the United States, Gold Fields has filed a Solicitation/ Recommendation      
Statement with the US Securities and Exchange Commission (the `SEC`) on Schedule
14D-9 and holders of the Gold Fields Ordinary Shares and American Depositary    
Shares are advised to read it as it contains important information. Copies of   
the Schedule 14D-9 and other related documents filed by Gold Fields are         
available free of charge on the SEC`s website at http://www.sec.gov.  Any       
documents filed by Harmony Gold Mining Company Limited, including any           
registration statement on Form F-4 (including any prospectus contained therein) 
and related exchange offer materials as well as its Tender Offer Statement on   
Schedule TO, will also be available free of charge on the SEC`s website.        
The directors of Gold Fields accept responsibility for the information contained
in this document. To the best of their knowledge and belief (having taken all   
reasonable care to ensure that such is the case) the information contained in   
this document is in accordance with the facts and does not omit anything likely 
to affect the import of such information. Copies of this document are not being 
made available, and must not be mailed, forwarded, transmitted or otherwise     
distributed or sent in or into Australia, Canada, Japan, the Republic of Ireland
or any other jurisdiction in which it is illegal to make the offer and persons  
receiving this document (including custodians, nominees and trustees) must not  
distribute, forward, mail, transmit or send it in or into or from Australia,    
Canada, Japan, the Republic of Ireland or any such other jurisdiction.          
Gold Fields Limited                                                             
Reg. 1968/004880/06                                                             
24 St Andrews Road                                                              
Parktown, 2193                                                                  
Postnet Suite 252                                                               
Private Bag X30500                                                              
Houghton, 2041                                                                  
South Africa                                                                    
T +27 11                                                                        
e 644-2400                                                                      
l                                                                               
D +27 11                                                                        
i 644-2460                                                                      
r                                                                               
F +27 11                                                                        
a 484-0639                                                                      
x                                                                               
www.goldfields.co.za                                                            
Enquires                                                                        
South Africa                                                                    
Willie Jacobsz                                                                  
T +27 11                                                                        
e 644-2460                                                                      
l                                                                               
F +27 11                                                                        
a 484-0639                                                                      
x                                                                               
North America                                                                   
Cheryl A Martin                                                                 
T +303 796-                                                                     
e 8683                                                                          
l                                                                               
F +303 796-                                                                     
a 8293                                                                          
x                                                                               
Date: 08/11/2004 07:31:59 AM                 
Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
[  Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: