Get Started

GFI Gold Fields Ltd

14.905

0.005 (0.03%)

Last Updated: 12:08:37

Gold Fields Places Shares at ZAR59.5/Share

LONDON--South African miner Gold Fields Ltd (GFI) said Friday it has placed 38.86 million new ordinary shares at 59.5 South African Rand ($3.92) a share, raising ZAR2.5 billion as announced Thursday.

Gold Fields said the price is a 6% discount to the 30-day volume weighted average traded price per ordinary share for the past 30-trading days. The shares were placed via a bookbuild with institutional investors.

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

(END) Dow Jones Newswires

March 18, 2016 02:42 ET (06:42 GMT)

Gold Fields (NYSE:GFI)
Historical Stock Chart
From Jun 2024 to Jul 2024