| Fri 12 Nov 2010, 14:30 | | DRD - DRDGOLD LIMITED - Dealings in securities by directors |
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DRD
DRDD
DRD - DRDGOLD LIMITED - Dealings 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")
DEALINGS 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 4,127,478 share options were allocated to 49
senior members of staff on 18 October 2010.
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 12 November 2010 by directors and officers
of DRDGOLD and its major subsidiaries in terms of the Share Option Scheme.
Name: CC Barnes - Chief Financial Officer of
DRDGOLD
Number of share options : 366,878
Strike price: R3.69
Total value if exercised : R1, 353, 779.82
Name : TJ Gwebu - Company Secretary of DRDGOLD
Number of share options : 236,600
Strike price : R3.69
Total value if exercised : R873, 054.00
Name: CM Symons - Director of Crown Gold
Recoveries (Pty) Limited
Number of share options : 167,800
Strike price : R3.69
Total value if exercised : R619, 182.00
Name: M Burrell - Director of Blyvooruitzicht
Gold Mining Company Limited
Number of share options : 93,300
Strike price : R3.69
Total value if exercised : R344, 277.00
Name: AJ Hamman - Director of Crown Gold
Recoveries (Pty) Limited
Number of share options : 63,600
Strike price : R3.69
Total value if exercised : R234, 684.00
Name: HN Gouws - Director of Crown Gold
Recoveries (Pty) Limited
Number of share options : 185,700
Strike price : R3.69
Total value if exercised : R685, 233.00
Name: WSO O`Brien - Director of
Blyvooruitzicht Gold Mining Company
Limited
Number of share options : 193,400
Strike price : R3.69
Total value if exercised : R713, 646.00
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
18 April 2011 25%
18 October 2011 25%
18 October 2012 25%
18 October 2013 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
Committee of DRDGOLD.
The non-executive directors and the Chief Executive Officer of DRDGOLD by choice
do not participate in the Share Option Scheme.
Roodepoort
12 November 2010
Sponsor
One Capital
Date: 12/11/2010 14:30:01 Produced by the JSE SENS Department.
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