Exhibit 4
Durban Roodepoort Deep, Limited
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
(Share code: DUR)
(ISIN: ZAE 000015079)
(ARBN number: 086 277 616)
(NASDAQ Trading Symbol: DROOY)
(“DRD”)
SHARE OPTION ALLOCATIONS
DRD announces that, on 27 October 2003, a total of 1 862 600 share options in aggregate were allocated to 110 senior members of staff as the six-monthly allocation of employee share options in terms of the Durban Roodepoort Deep, Limited (1996) Employee Share Option Scheme (as amended) (“the Employee Share Option Scheme”).
In compliance with rules 3.63 to 3.74 of the Listing Requirements of the JSE Securities Exchange South Africa, the following information is disclosed regarding the allocation of share options under the Employee Share Option Scheme.
Name |
| Number of |
| Strike price |
| Total value |
|
|
|
|
|
|
|
|
|
Directors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MM Wellesley-Wood |
| 215 800 |
| 17.53 |
| 3 782 974 |
|
IL Murray |
| 143 000 |
| 17.53 |
| 2 506 790 |
|
RP Hume |
| 11 100 |
| 17.53 |
| 194 583 |
|
DC Baker |
| 11 100 |
| 17.53 |
| 194 583 |
|
GC Campbell |
| 12 000 |
| 17.53 |
| 210 360 |
|
MP Ncholo |
| 9 300 |
| 17.53 |
| 163 029 |
|
DT van der Mescht |
| 64 600 |
| 17.53 |
| 1 132 438 |
|
A Lubbe |
| 42 800 |
| 17.53 |
| 750 284 |
|
|
|
|
|
|
|
|
|
Company secretary |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Andrea Townsend |
| 14 200 |
| 17.53 |
| 248 926 |
|
All of the above options represent direct, beneficial interests in DRD shares and vest in the manner set out in the table below.
Vesting date |
| Percentage of allocation vesting |
|
|
|
|
|
27 April 2004 |
| 25 | % |
27 October 2004 |
| 25 | % |
27 October 2005 |
| 25 | % |
27 October 2006 |
| 25 | % |
Johannesburg
27 October 2003
Sponsor
Standard Corporate & Merchant Bank
2
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
3