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Gold Fields Ltd Announces Spin-Off of Sibanye Gold

Wednesday, 6 Feb 2013 01:00am EST 

Gold Fields Ltd announced that Sibanye Gold, the Company's wholly owned subsidiary, is expected to be listed on the Johannesburg Stock Exchange (JSE) and the New York Stock Exchange (NYSE) on February 11, 2013, following which, on February 18, 2013, Gold Fields Ltd will unbundle its interest in Sibanye Gold to Shareholders. Each Shareholder will receive one Sibanye Gold share for each Gold Fields Ltd share, or one Sibanye Gold American Depository Receipt (ADR) for every four Gold Fields shares, held on the applicable record date of the Transaction. 

Company Quote

17 Dec 2014