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Stated Capital (Tables) | 12 Months Ended
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Dec. 31, 2020
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Schedule of Stated Capital |
|  |  |  | UNITED STATES DOLLAR |
|  |  |  | 2020 |  |  | 2019 |
22. |  | STATED CAPITAL |  |  |  |  |  |  |  |
|  | Balance at beginning of the year |  |  | 3,622.5 |  |  |  | 3,622.5 |
|  | Share issue 1 |  |  | 249.0 |  |  |  | — |
|  | Balance at end of the year |  |  | 3,871.5 |  |  |  | 3,622.5 |
|  |  |  | Number of shares in issue |  |  | Number of shares in issue |
|  | In issue at 1 January |  |  | 828,632,707 |  |  |  | 821,532,707 |
|  | Placing of ordinary shares 1 |  |  | 41,431,635 |  |  |  | — |
|  | Exercise of employee share options |  |  | 13,269,176 |  |  |  | 7,100,000 |
|  | In issue at 31 December |  |  | 883,333,518 |  |  |  | 828,632,707 |
|  | Authorised |  |  | 2,000,000,000 |  |  |  | 2,000,000,000 |
1 | On 12 February 2020 Gold Fields successfully completed the placing of 41,431,635 new ordinary, no par value shares with existing and new institutional investors at a price of ZAR 90.20 per share. The placing issued represented, in aggregate, approximately 5% of the Company’s issued ordinary share capital prior to the placing. Gross proceeds of approximately R3.7 billion (US$249.0 million) were raised through the placing.
Summary of Beneficial Shareholders | The following beneficial shareholders hold 5% or more of the Company’s listed ordinary shares at 31 December 2020:
|  | Number of shares |  |  | % of issued ordinary shares |
Government Employees Pension Fund |  |  | 82,103,978 |  |  |  | 9.29 | %
VanEck Vectors Gold Miners ETF |  |  | 52,019,222 |  |  |  | 5.89 | %

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