SENS news

Dealings in securities

13 December 2022

Dealings in securities

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


DRDGOLD shareholders (“Shareholders”) are referred to the announcement published on SENS on Thursday,
8 December 2022 (“Announcement”), wherein Shareholders were advised, inter alia:

    -   of the off-market vesting of 50% of the conditional shares, which were awarded to qualifying employees
        (“Participants”) in December 2019 (“Awards”), on Friday, 2 December 2022 (which vested Awards were settled
        in the form of DRDGOLD ordinary shares (“DRDGOLD Shares”));
    -   that various Participants had elected to dispose of all or a portion of the vested DRDGOLD Shares (“Relevant
        DRDGOLD Shares”), which disposal was made through a pooled sale arrangement in terms of which the
        aggregate of the Relevant DRDGOLD Shares were being disposed of, by an independent third party, through
        various on-market trades (“Sales”); and
    -   that further Sales were expected to be implemented, the details of which are set out below (“Further Sales”).

Further Sales

 Date of Further Sale         Number of     Price per DRDGOLD Share                                      Total value of
                                DRDGOLD                                                                    Further Sale
                            Shares sold
 8 December 2022                567 461     Various different trades with the following price             R6 526 198.72
                                            - volume weighted average price (“VWAP”) of
                                            - highest price of R11.55
                                            - lowest price of R11.50

 9 December 2022                138 942     Various different trades with the following price             R1 600 361.74
                                            - VWAP of R11.5182
                                            - highest price of R11.56
                                            - lowest price of R11.50

The proceeds from the Sales and the Further Sales (as set out in the Announcement and above, respectively), 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 and Further Sales to directors, prescribed officers and the
company secretary of DRDGOLD and its major subsidiaries are as set out below.

                           Company Name                                                  Number of          Total value of
                                                                                           DRDGOLD                 DRDGOLD
                                                                                            Shares         Shares sold 1,2
 Niël Pretorius            DRDGOLD                                                         339 660           R3 884 423.43
 Riaan Davel               DRDGOLD                                                         116 443           R1 331 666.72
 Henry Gouws               Ergo Mining Proprietary Limited (“Ergo”)                        177 497           R2 029 893.14
 Mark Burrell              Ergo                                                            117 638           R1 345 332.99
 Henriette Hooijer         Far West Gold Recoveries Proprietary Limited (“FWGR”)            36 132             R413 213.18
 Kevin Kruger              FWGR                                                            146 977           R1 680 859.98
 Prescribed officer
 Jaco Schoeman             DRDGOLD                                                         198 761           R2 273 072.73
 Prescribed officer and company secretary
 Elise Beukes              DRDGOLD                                                          38 181             R436 645.97

   1. Based on a VWAP of R11.4362
   2. Rounding of figures may result in computational discrepancies

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, which transactions were completed outside of a closed period.

13 December 2022

One Capital

Date: 13-12-2022 05:00:00
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.

COOKIES: This site uses cookies to enhance your website experience. See our privacy policy for further details.