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DRD - DRDGOLD Limited - Exercise of options and sale of shares

Release Date: 05/06/2012 11:34
Code(s): DRD
Wrap Text

DRD - DRDGOLD Limited - Exercise of options and sale of shares DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1895/000926/06) JSE share code: DRD ISIN: ZAE000058723 Issuer code: DUSM NYSE trading symbol: DRD ("DRDGOLD") EXERCISE OF OPTIONS AND SALE OF SHARES In compliance with paragraph 3.63 of the JSE Limited Listings Requirements ("Listings Requirements"), the following information regarding transactions by a director of a major subsidiary of DRDGOLD is disclosed: Name of director: Mr A Hamman Date of transaction: 1 June 2012 Nature of transaction: Exercise of options in terms of the Durban Roodepoort Deep (1996) Share Option Scheme and subsequent sale of shares
Class of securities: Options in respect of DRDGOLD ordinary shares Number of options exercised and 50 000 at R3.50 per share strike price: Total value of transaction: R175 000.00 Number of shares sold and 50 000 at R5.54 Selling price: Total value of sale: R277 000.00 Number of options exercised and 31 800 at R3.69 per share strike price: Total value of transaction: R117 342.00 Number of shares sold and 31 800 at R5.54 Selling price: Total value of sale: R176 172.00 Number of options exercised and 36 700 at R3.88 per share strike price: Total value of transaction: R142 396.00 Number of shares sold and 36 700 at R5.54 Selling price: Total value of sale: R203 318.00 Nature of director`s interest: Direct beneficial Exercise of options was completed off-market and sale of shares concluded on-market In compliance with paragraph 3.66 of the Listings Requirements, prior clearance to deal in the above securities was obtained from the Chief Executive Officer of DRDGOLD. The above trade was completed outside of a closed period. Roodepoort 5 June 2012 Sponsor One Capital Date: 05/06/2012 11:34:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.