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DRDGOLD LIMITED - Dealings In Securities By Directors And Company Secretary: Acceptance Of Offer To Repurchase Share Options

Release Date: 19/11/2013 12:59
Code(s): DRD     PDF:  
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Dealings In Securities By Directors And Company Secretary: Acceptance Of Offer To Repurchase Share 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 DIRECTORS AND COMPANY SECRETARY: ACCEPTANCE OF OFFER TO
                              REPURCHASE SHARE 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 on
15 November 2013 of the offer made by DRDGOLD to its directors, company secretary and
directors of its major subsidiary to repurchase vested share options in terms of clause 5.10 of the
DRDGOLD (1996) Share Option Scheme. The Black Scholes valuation model was applied to calculate
the settlement amounts stated below.


Name:                                 CC Barnes - Chief Financial Officer of DRDGOLD
Class of securities:                  Options over ordinary shares
Number of share options:              163 111
Average settlement per option:        R1.56365
Value of transaction:                 R255 049.00
Beneficial interest:                  Direct


Name:                                 TJ Gwebu – Company Secretary of DRDGOLD
Class of securities:                  Options over ordinary shares
Number of share options:              125 900
Average settlement per option:        R1.51370
Value of transaction:                 R190 575.00
Beneficial interest:                  Direct

Name:                                 CM Symons - Director of Ergo Mining (Pty) Limited (a major
                                      subsidiary of DRDGOLD)
Class of securities:                  Options over ordinary shares
Number of share options:              127 000
Average settlement per option:        R1.43837
Value of transaction:                 R182 673.00
Beneficial interest:                  Direct

Name:                                 M Burrell - Director of Ergo Mining (Pty) Limited (a major
                                      subsidiary of DRDGOLD)
Class of securities:                  Options over ordinary shares
Number of share options:             49 650
Average settlement per option:       R1.51369
Value of transaction:                R75 155.00
Beneficial interest:                 Direct

Name:                                HN Gouws - Director of Ergo Mining (Pty) Limited (a major
                                     subsidiary of DRDGOLD)
Class of securities:                 Options over ordinary shares
Number of share options:             103 075
Average settlement per option:       R1.50321
Value of transaction:                R154 944.00
Beneficial interest:                 Direct

All transactions above were completed off market.

In accordance with DRDGOLD’s corporate governance principles and in terms of paragraph 3.66 of
the Listings Requirements, prior clearance for the repurchase of vested share options has been
obtained from the Remuneration Committee of DRDGOLD.

Roodepoort
19 November 2013

Sponsor
One Capital

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