Manufacturing Industry
Further re Offer by Harmony.
PR Newswire UK Disclose, November, 2004
MEDIA RELEASE
Overwhelming majority of Gold Fields' Shareholders say "No" to Harmony
Johannesburg, 29 November 2004. The Board of Directors (the "Board") of Gold
Fields Limited (GFI:JSE and NYSE) today welcomed the fact that the overwhelming
majority of its long term shareholders had opted to reject Harmony's Early
Settlement Offer which closed on Friday 26th September.
Ian Cockerill, Chief Executive Officer of Gold Fields, commented:
"The low take-up of this offer is a clear indication that our shareholders
recognise that Harmony's Offer falls woefully short on value. The fact that
only 10.8% of shares were tendered signals that Harmony will never be
successful in gaining control of the company with such an undervalued and
ill-conceived offer. I would like...
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