- Transaction creates a top-4 global gold major with a
diversified portfolio of high-quality, long-life assets with
tangible near and long-term growth opportunities
- Strengthened financial and operational capacity with
complementary cash flow and growth profiles
- Combined Group will be headquartered in Johannesburg with operations across
South Africa, Ghana, Australia, Canada and South
America
- All-share offer by Gold Fields at an Exchange Ratio of 0.6
Gold Fields Consideration Shares for each Yamana share implying a
valuation for Yamana of US$6.7
billion
JOHANNESBURG, May 31, 2022
/CNW/ -- Gold Fields Limited (JSE, NYSE: GFI) ("Gold Fields") and
Yamana Gold Inc. (TSX:YRI) (NYSE:AUY) (LSE:AUY) ("Yamana"),
today announced that they have entered into a definitive agreement
(the "Arrangement Agreement"), under which Gold Fields will acquire
all of the outstanding common shares of Yamana ("Yamana Shares")
pursuant to a plan of arrangement (the "Transaction").
A full media release is available on the company
website: www.goldfields.com
For more information, please contact:
Gold Fields Investors
Avishkar Nagaser, EVP, Investor
Relations and Corporate Affairs
Tel: +27 11 562 9775
Mobile: +27 82 312 8692
Email: Avishkar.Nagaser@goldfields.com
Thomas Mengel, Manager, Investor Relations
Tel: +27 11 562 9849
Mobile: +27 72 493 5170
Email: Thomas.Mengel@goldfields.com
Gold Fields Media
Sven Lunsche,
Vice President Corporate Affairs
Tel: +27 11 562 9763
Mobile: +27 83 2609279
Email: Sven.Lunsche@goldfields.com
Investors
BofA Securities (Financial advisor to
Gold Fields)
Ben Davies /
Peter Surr / Christos Tomaras / Anthony Knox
Tel: +44 20 7628 1000
Media
Brunswick Group (Communications advisor to
Gold Fields)
Johannesburg: Timothy Schultz
Tel: +27 82 309 2497
London: Pip Green /
Nick Bias / Tom Pigott
Tel: +44 20 7404 5959
North America: Emily Levin / Nikki
Ritchie
Tel: +1 202 617 8582 / Tel: +1 845 682 9850
Yamana Gold
Gerardo
Fernandez, SVP, Corporate Development and Investor
Relations
Tel: 416-815-0220
Mobile: +1 888 809 0925
Email: investor@yamana.com
FTI Consulting (UK Public Relations / Communications advisor
to Yamana)
Sara Powell /
Ben Brewerton
Tel: +44 7931 765 223 / +44 203 727 1000
Email: yamana.gold@fticonsulting.com
View original
content:https://www.prnewswire.com/news-releases/gold-fields-to-acquire-yamana-gold--a-combination-for-long-term-value-creation-focused-on-quality-growth-financial-discipline-and-shareholder-returns-301557591.html
SOURCE Gold Fields Limited