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DRDGOLD LIMITED - Dealings in securities acceptance of awards

Release Date: 29/10/2024 08:00
Code(s): DRD     PDF:  
Wrap Text
Dealings in securities – acceptance of awards

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ISIN: ZAE000058723
JSE & A2X share code: DRD
NYSE trading symbol: DRD
("DRDGOLD")

DEALINGS IN SECURITIES – ACCEPTANCE OF AWARDS

In terms of the DRDGOLD equity settled long-term incentive scheme approved by shareholders of
DRDGOLD ("Shareholders") on 2 December 2019 ("LTI Scheme"), qualifying employees are awarded
conditional shares on an annual basis, comprising performance shares (80% of the total conditional
shares awarded) and retention shares (20% of the total conditional shares awarded) ("Awards").

Awards vest 3 years after the grant date, subject to the rules of the LTI Scheme, including certain
performance conditions being met. Vested Awards are settled in the form of DRDGOLD ordinary shares
("DRDGOLD Shares") at a zero-exercise price.

DRDGOLD hereby advises Shareholders of the following acceptances of Awards by directors,
prescribed officers and the company secretary of DRDGOLD and directors of its major subsidiaries:

 Nature of transactions:                           Acceptance of Awards
 Class of securities:                              Conditional      shares,    comprising      80%
                                                   performance shares and 20% retention shares,
                                                   which will be settled in DRDGOLD Shares upon
                                                   vesting, in accordance with the rules of the LTI
                                                   Scheme
 Date of acceptance of Awards:                     28 October 2024
 Vesting date:                                     22 October 2027
 Strike price:                                     Rnil
 Nature and extent of interest:                    Direct beneficial
 Deemed price per DRDGOLD Share:                   R21.81 (based on the DRDGOLD Share price on
                                                   the grant date, being 22 October 2024)
 Transactions completed:                           Off-market


 Name of director:                                 Niël Pretorius
 Name of company of which a director:              DRDGOLD
 Number of conditional shares:                     404 342 (323 474 performance shares and
                                                   80 868 retention shares)
 Deemed value of transaction:                      R8 818 699.02


 Name of director:                                 Riaan Davel
 Name of company of which a director:              DRDGOLD
 Number of conditional shares:                     215 259 (172 207 performance shares and
                                                   43 052 retention shares)
 Deemed value of transaction:                      R4 694 798.79


 Name of prescribed officer:                       Jaco Schoeman
 Name of company of which a prescribed officer:    DRDGOLD
 Number of conditional shares:                     215 259 (172 207 performance shares and
                                                   43 052 retention shares)
 Deemed value of transaction:                      R4 694 798.79


 Name of company secretary:                        Natefu Kgomotso Mbanyele
 Name of company of which company secretary:       DRDGOLD
 Number of conditional shares:                     27 376 (21 901 performance shares and 5 475
                                                   retention shares)
 Deemed value of transaction:                      R597 070.56


 Name of director of subsidiary:                   Henry Gouws
 Name of company of which a director:              Ergo Mining Proprietary Limited ("Ergo")
 Number of conditional shares:                     186 908 (149 526 performance shares and
                                                   37 382 retention shares)
 Deemed value of transaction:                      R4 076 463.48


 Name of director of subsidiary:                   Kevin Kruger
 Name of company of which a director:              Far West Gold Recoveries Proprietary Limited
                                                   ("FWGR")
 Number of conditional shares:                     186 908 (149 526 performance shares and
                                                   37 382 retention shares)
 Deemed value of transaction:                      R4 076 463.48


 Name of director of subsidiary:                   Henriette Hooijer
 Name of company of which a director:              FWGR and Ergo
 Number of conditional shares:                     95 415 (76 332 performance      shares   and
                                                   19 083 retention shares)
 Deemed value of transaction:                      R2 081 001.15

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.


Johannesburg
29 October 2024

Sponsor
One Capital

Date: 29-10-2024 08:00:00
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