| Mon 24 Dec 2007, 11:50 | | DRD - DRDGold Limited - Dealing in securities by directors |
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DRD
DRDD
DRD - DRDGold Limited - Dealing in securities by directors
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol: DROOY
("DRDGOLD" or "the Company")
DEALING IN SECURITIES BY DIRECTORS
1. DRDGOLD announces that, in respect of the twelve-month allocation of DRDGOLD
ordinary share options ("share options") to employees in terms of the DRDGOLD
(1996) Employee Share Option Scheme (as amended) ("the Share Option Scheme"), a
total of 4,581,800 share options were allocated to 62 senior members of staff on
29 October 2007.
2. In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information is disclosed regarding the acceptance of
share options on 24 December 2007 by directors and officers of DRDGOLD and its
major subsidiaries in terms of the Share Option Scheme.
Name : JH Dissel - Acting Chief Financial Officer of
DRDGOLD
Number of share options : 362,400
Strike price : R3.88
Total value : R1,406,112
Name : TJ Gwebu - Company Secretary of DRDGOLD
Number of share options : 116,000
Strike price : R3.88
Total value : R450,080
Name : DJ Pretorius - Chief Executive Officer of DRDGOLD
South African Operations (Pty) Limited
Number of share options : 345,000
Strike price : R3.88
Total value : R1,338,600
3. The share options referred to in paragraphs 1 and 2 above represent direct,
beneficial interests in DRDGOLD ordinary shares and vest in the manner set out
in the table below:
Vesting date Percentage of share options which vest
29 April 2008 25%
29 October 2008 25%
29 October 2009 25%
29 October 2010 25%
In accordance with DRDGOLD`s corporate governance principles and in terms of
paragraph 3.66 of the JSE Limited Listings Requirements, prior clearance for the
acceptance of the above allocations has been obtained from the Remuneration and
Nominations Committee of DRDGOLD.
Randburg
24 December 2007
Sponsor
BDO QuestCo
Date: 24/12/2007 11:50:01 Produced by the JSE SENS Department.
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