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Dealings in securities
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
Shareholders of DRDGOLD ("Shareholders") are advised that in terms of the equity settled long-term incentive scheme
("LTI Scheme"), as approved by Shareholders on 2 December 2019, qualifying employees ("Participants") 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 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.
Furthermore, various Participants have elected to dispose of all or a portion of the vested DRDGOLD Shares
("Relevant DRDGOLD Shares"), pursuant to the off-market vesting of the Awards made on 20 October 2021 to executive
directors and prescribed officers of DRDGOLD and executive directors of its major subsidiaries on 20 October 2024.
Accordingly, in order to facilitate the disposal of the Relevant DRDGOLD Shares, a pooled sale arrangement has been
put in place in terms of which the aggregate of the Relevant DRDGOLD Shares are being disposed of, by an independent
third party, through various on-market trades ("Sales").
The details of the Sales are set out below:
Date of Sale Number of Price per DRDGOLD Share Total value of Sale
DRDGOLD
Shares sold
21 October 2024 406,434 Various different trades with the R8,962,885.79
following price information:
- volume weighted average price
("VWAP") of R22.0525
- highest price of R22.43
- lowest price of R21.70
The proceeds from the Sale (as set out above), 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 to
directors and a prescribed officer of DRDGOLD and directors of DRDGOLD's major subsidiaries are as set out below.
Company Name Number of DRDGOLD Total value of
Shares sold DRDGOLD Shares sold
Directors
Niël Pretorius DRDGOLD 164,996 R3,638,574.29
Riaan Davel DRDGOLD 39,528 R871,691.22
Henry Gouws Ergo Mining Pty 54,776 R1,207,947.74
Ltd ("Ergo")
Henriette Hooijer Far West Gold 13,938 R307,367.75
Recoveries Pty
Ltd ("FWGR") and
Ergo
Kevin Kruger FWGR 45,357 R1,000,235.24
Prescribed officer
Jaco Schoeman DRDGOLD 87,839 R1,937,069.55
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.
Johannesburg
24 October 2024
Sponsor
One Capital
Date: 24-10-2024 04:55:00
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