DRD: DRDGOLD LIMITED - Exercise of options and sale of shares
June 15, 2016 at 06:59 am EDT
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15 June 2016
DRD: DRDGOLD LIMITED - Exercise of options and sale of shares
DRD: DRDGOLD LIMITED - Exercise of options and sale of shares
Exercise of options and sale of shares
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')
EXERCISE OF OPTIONS AND SALE OF SHARES
In compliance with paragraph 3.63 of the JSE Limited Listings
Requirements ('Listings Requirements'), the following
information regarding a transaction by the Company Secretary
of DRDGOLD is disclosed:
Name of Company Secretary: Ms R Masemene
Name of company: DRDGOLD Limited
Date of transaction: 13 June 2016
Nature of transaction: Exercise of options in
terms of the DRDGOLD (1996)
Share Option Scheme and
subsequent sale of shares
Class of securities: Options in respect of
DRDGOLD ordinary shares
Number of options exercised and 17 300 at R5.12 per share
strike price:
Total value of exercise: R88 576.00
Number of shares sold and 17 300 at R8.37
selling price:
Total value of sale: R144 801.00
The nature of the Company Secretary´s interest is direct
beneficial.
The exercise of options was completed off-market and the sale
of shares was concluded on-market.
In compliance with paragraph 3.66 of the Listings
Requirements, prior clearance to deal in the above securities
was obtained from the Chief Executive Officer of DRDGOLD. The
above trade was completed outside of a closed period.
Johannesburg
15 June 2016
Sponsor
One Capital
Date: 15/06/2016 12:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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DRDGOLD Limited published this content on 15 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 June 2016 10:59:06 UTC.
Original documenthttp://www.drdgold.com/investors-and-media/sens-news-view/2016/78c7e737-9e88-4557-9997-d5c1ab780ba0
Public permalinkhttp://www.publicnow.com/view/FC3BBF15A1DF300848BBB736504052D09D5648BF
DRDGOLD Limited is a South Africa-based holding company. The Company is primarily involved in the retreatment of surface gold tailings. The Companyâs business includes Ergo, Far West Gold Recoveries (FWGR), Hot Button Features and Resources and Reserves. Ergo business is a surface gold retreatment operation, which treats old slime dams and sand dumps to the south of Johannesburgâs central business district, as well as the East and Central Rand goldfields. The operation comprises three plants. The Ergo and Knights plants operate as metallurgical plants. The Ergo plant treats around 1.7 Mtpm of material. The City Deep plant operates as a pump/milling station feeding the metallurgical plants. The Companyâs FWGR is a surface gold retreatment operation that treats old slime dams in the West Rand goldfields and is located near Carletonville in South Africaâs Gauteng province. Mineral Resources consist of sand dumps, slimes dams and silted areas and dams.