General SENS Submitter Company - GEN - General - Censure imposed by the JSE on DRDGold Limited (DRDGold)

GEN - General - Censure imposed by the JSE on DRDGold Limited (“DRDGold”)

GEN – General – DRDGold Limited
Censure imposed by the JSE on DRDGold Limited (“DRDGold”)




The JSE Limited (“JSE”) wishes to inform stakeholders of the following findings by the JSE in respect of
DRDGold:


1.    The JSE has found DRDGold to be in breach of paragraph 9.15 of the JSE’s Listings Requirements
      which in the case of a category 2 transaction, requires an issuer to publish an announcement
      containing specific details of such transaction immediately after the terms have been agreed.


2.    As announced on 26 February 2019, DRDGold entered into an agreement on 17 December 2018
      to dispose of certain of its mining rights, prospecting rights and all transferable permits and
      licences relating thereto, as well as an option to dispose in the near future certain of DRDGold’s
      assets and infrastructure. DRDGold failed to publish an announcement containing details of the
      transaction immediately after the terms were agreed.


3.    The JSE has decided to impose this public censure against DRDGold in relation to the
      aforementioned transgression of the Listings Requirements.




31 May 2019

Date: 31/05/2019 07:05:00 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.