Dealings in securities
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ISIN: ZAE000058723
JSE share code: DRD
NYSE trading symbol: DRD
(“DRDGOLD”)
DEALINGS IN SECURITIES
DRDGOLD shareholders (“Shareholders”) are referred to the announcement published on SENS on Thursday,
8 December 2022 (“Announcement”), wherein Shareholders were advised, inter alia:
- of the off-market vesting of 50% of the conditional shares, which were awarded to qualifying employees
(“Participants”) in December 2019 (“Awards”), on Friday, 2 December 2022 (which vested Awards were settled
in the form of DRDGOLD ordinary shares (“DRDGOLD Shares”));
- that various Participants had elected to dispose of all or a portion of the vested DRDGOLD Shares (“Relevant
DRDGOLD Shares”), which disposal was made through a pooled sale arrangement in terms of which the
aggregate of the Relevant DRDGOLD Shares were being disposed of, by an independent third party, through
various on-market trades (“Sales”); and
- that further Sales were expected to be implemented, the details of which are set out below (“Further Sales”).
Further Sales
Date of Further Sale Number of Price per DRDGOLD Share Total value of
DRDGOLD Further Sale
Shares sold
8 December 2022 567 461 Various different trades with the following price R6 526 198.72
information:
- volume weighted average price (“VWAP”) of
R11.5007
- highest price of R11.55
- lowest price of R11.50
9 December 2022 138 942 Various different trades with the following price R1 600 361.74
information:
- VWAP of R11.5182
- highest price of R11.56
- lowest price of R11.50
The proceeds from the Sales and the Further Sales (as set out in the Announcement and above, respectively), have
been apportioned to the various Participants based on the number of Relevant DRDGOLD Shares disposed of by such
Participants. The apportionment of the proceeds of the Sales and Further Sales to directors, prescribed officers and the
company secretary of DRDGOLD and its major subsidiaries are as set out below.
Company Name Number of Total value of
DRDGOLD DRDGOLD
Shares Shares sold 1,2
sold
Directors
Niël Pretorius DRDGOLD 339 660 R3 884 423.43
Riaan Davel DRDGOLD 116 443 R1 331 666.72
Henry Gouws Ergo Mining Proprietary Limited (“Ergo”) 177 497 R2 029 893.14
Mark Burrell Ergo 117 638 R1 345 332.99
Henriette Hooijer Far West Gold Recoveries Proprietary Limited (“FWGR”) 36 132 R413 213.18
Kevin Kruger FWGR 146 977 R1 680 859.98
Prescribed officer
Jaco Schoeman DRDGOLD 198 761 R2 273 072.73
Prescribed officer and company secretary
Elise Beukes DRDGOLD 38 181 R436 645.97
Notes
1. Based on a VWAP of R11.4362
2. Rounding of figures may result in computational discrepancies
In compliance with paragraph 3.66 of the JSE Limited Listings Requirements, prior clearance was obtained from the
chairman of the board of directors of DRDGOLD. The nature and extent of the Participants’ interest in the
abovementioned transactions is direct beneficial, which transactions were completed outside of a closed period.
Johannesburg
13 December 2022
Sponsor
One Capital
Date: 13-12-2022 05:00:00
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