SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
REPORT OF A FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
November 1, 2023
Commission File Number 0-28800
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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)
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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 Form 40-F
Exhibit
99.1 Release dated November 1, 2023 “AVAILABILITY OF THE BROAD-BASED BLACK ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE REPORT AND DEALINGS 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: November 1, 2023 By: /s/ Riaan Davel
Name: Riaan Davel
Title: Chief Financial Officer
Exhibit 99.1
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” or the “Company”)
| AVAILABILITY OF THE BROAD-BASED BLACK ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE REPORT AND DEALINGS IN SECURITIES – ACCEPTANCE OF AWARDS | ||
Availability of the Broad-Based Black Economic Empowerment Annual Compliance Report
Shareholders of DRDGOLD (“Shareholders”) are advised that the Company’s annual compliance report prepared pursuant to section 13G(2) of the Broad-Based Black Economic Empowerment Act, No. 53 of 2003, as amended, is available on the Company’s website at:
https://www.drdgold.com/downloads/send/124-2023/317-bee-certificate-november-2023
Dealings in Securities – Acceptance of Awards
Shareholders are further 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.
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: | 31 October 2023 | ||||
| Vesting date: | 25 October 2026 | ||||
| Strike price: | Rnil | ||||
| Nature and extent of interest: | Direct beneficial | ||||
| Transactions completed: | Off-market | ||||
| Company Name | Number of conditional shares | Deemed value* of transaction | |||||||||
| Directors | |||||||||||
| Niël Pretorius | DRDGOLD | 436 959 | R 7 380 237.51 | ||||||||
| Riaan Davel | DRDGOLD | 232 624 | R 3 929 019.36 | ||||||||
| Henry Gouws | Ergo Mining Proprietary Limited (“Ergo”) | 148 600 | R2 509 854.00 | ||||||||
| Mark Burrell | Ergo | 98 487 | R1 663 445.43 | ||||||||
| Henriette Hooijer | Far West Gold Recoveries Proprietary Limited (“FWGR”) | 84 025 | R1 419 182.25 | ||||||||
| Kevin Kruger | FWGR | 123 049 | R2 078 297.61 | ||||||||
| Prescribed officer | |||||||||||
| Jaco Schoeman | DRDGOLD | 232 624 | R3 929 019.36 | ||||||||
| Prescribed officer / company secretary | |||||||||||
| Kgomotso Mbanyele | DRDGOLD | 29 585 | R499 690.65 | ||||||||
*Based on the closing DRDGOLD Share price on the grant date, being R16.89 on 25 October 2023
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
1 November 2023
Sponsor
One Capital