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DRD - DRDGold Limited - Dealings in securities by company secretary and

Release Date: 05/03/2012 16:27
Code(s): DRD
Wrap Text

DRD - DRDGold Limited - Dealings in securities by company secretary and directors: acceptance of options 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") DEALINGS IN SECURITIES BY COMPANY SECRETARY AND DIRECTORS: ACCEPTANCE OF OPTIONS In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements ("Listings Requirements"), the following information is disclosed regarding the acceptance of share options on 05 March 2012 the company secretary of DRDGOLD and directors of DRDGOLD and its major subsidiaries. Name: CC Barnes - Chief Financial Officer of DRDGOLD Class of securities: Options over ordinary shares Number of share options: 285 563 Strike price: R5.12 Value of transaction: - Name: TJ Gwebu - Company Secretary of DRDGOLD Class of securities: Options over ordinary shares Number of share options: 267,000 Strike price: R5.12 Value of transaction: - Name: CM Symons - Director of Crown Gold Recoveries (Pty) Limited (a major subsidiary of DRDGOLD) ("Crown Gold")
Class of securities: Options over ordinary shares Number of share options: 340,200 Strike price: R5.12 Value of transaction: - Name: M Burrell - Director of Blyvooruitzicht Gold Mining Company Limited (a major subsidiary of DRDGOLD) Class of securities: Options over ordinary shares Number of share options: 105,300 Strike price: R5.12 Value of transaction: - Name: AJ Hamman - Director of Crown Gold Class of securities: Options over ordinary shares Number of share options: 71,800 Strike price: R5.12 Value of transaction: - Name: HN Gouws - Director of Crown Gold Class of securities: Options over ordinary shares Number of share options: 226,600 Strike price: R5.12 Value of transaction: - All transactions above were completed off market. The share options referred to above represent direct, beneficial interests in DRDGOLD ordinary shares and vest in the manner set out in the table below: Vesting date Percentage of share options which vest 02 May 2012 25% 02 October 2012 25% 02 October 2013 25% 02 October 2014 25% In accordance with DRDGOLD`s corporate governance principles and in terms of paragraph 3.66 of the Listings Requirements, prior clearance for the acceptance of the above allocations has been obtained from the Remuneration Committee of DRDGOLD. The non-executive directors and the Chief Executive Officer of DRDGOLD by choice do not participate in the Share Option Scheme. Roodepoort 05 March 2012 Sponsor One Capital Date: 05/03/2012 16:27:01 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.

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