SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
FORM 6-K
REPORT OF A FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
October 26, 2022
Commission File Number 0-28800
______________________
DRDGOLD Limited
Constantia Office Park
Cnr 14th Avenue and Hendrik Potgieter Road
Cycad House, Building 17, Ground Floor
Weltevreden Park 1709
(
Address of principal executive offices
)
______________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-
F or Form 40-F.
Form 20-F
☑
☐
Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by
Regulation S-T Rule 101(b)(1):
☐
Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by
Regulation S-T Rule 101(b)(7):
☐
Exhibit
99.1 Release dated October 26, 2022, “NDEALINGS IN SECURITIES – ACCEPTANCE OF
AWARDS ”
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
DRDGOLD LIMITED
Date: October 26, 2022 By: /s/ Riaan Davel
Exhibit 99.1
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ISIN: ZAE000058723
JSE share code: DRD
NYSE trading symbol: DRD
(“
DRDGOLD
”)
DEALINGS IN SECURITIES – ACCEPTANCE OF AWARDS
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 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, and will be 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:
25 October 2022
Vesting date:
19 October 2025
Strike price:
Rnil
Nature and extent of interest:
Direct beneficial
Transactions completed:
Off-market
Name of director:
Niël Pretorius
Name of company of which a director:
DRDGOLD
Number of conditional shares:
799 595 (639 676 performance shares and
159 919 retention shares)
Deemed value of transaction:
R7 580 160.60 (based on the DRDGOLD Share
price on the grant date, being R9.48 on
19 October 2022 (“
Deemed Price
”))
Name of director:
Riaan Davel
Name of company of which a director:
DRDGOLD
Number of conditional shares:
425 680 (340 544 performance shares and
85 136 retention shares)
Deemed value of transaction:
R4 035 446.40 (based on the Deemed Price)
Name of prescribed officer:
Jaco Schoeman
Name of company of which a prescribed officer:
DRDGOLD
Number of conditional shares:
425 680 (340 544 performance shares and
85 136 retention shares)
Deemed value of transaction:
R4 035 446.40 (based on the Deemed Price)
Name of prescribed officer / company secretary:
Elise Beukes
Name of company of which company secretary:
DRDGOLD
Number of conditional shares:
57 100 (45 680 performance shares and
11 420 retention shares)
Deemed value of transaction:
R541 308.00 (based on the Deemed Price)
Name of director of subsidiary:
Henry Gouws
Name of company of which a director:
ERGO Mining Proprietary Limited
Number of conditional shares:
265 451 (212 361 performance shares and
53 090 retention shares)
Deemed value of transaction:
R2 516 475.48 (based on the Deemed Price)
Name of director of subsidiary:
Mark Burrell
Name of company of which a director:
ERGO Mining Proprietary Limited
Number of conditional shares:
175 931 (140 745 performance shares and
35 186 retention shares)
Deemed value of transaction:
R1 667 825.88 (based on the Deemed Price)
Name of director of subsidiary:
Kevin Kruger
Name of company of which a director:
Far West Gold Recoveries Proprietary Limited
Number of conditional shares:
219 807 (175 846 performance shares and
43 961 retention shares)
Deemed value of transaction:
R2 083 770.36 (based on the Deemed Price)
Name of director of subsidiary:
Henriette Hooijer
Name of company of which a director:
Far West Gold Recoveries Proprietary Limited
Number of conditional shares:
150 098 (120 078 performance shares and
30 020 retention shares)
Deemed value of transaction:
R1 422 929.04 (based on the Deemed Price)
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 abovementioned transactions were completed outside
of a closed period.
Johannesburg
26 October 2022
Sponsor
One Capital