DRDGOLD LIMITED - Update on conditions precedent relating to the sale of certain ERPM Underground mining rights and auxiliary assets
DRD04 DRD 201410290007A
Update on conditions precedent relating to the sale of certain ERPM Underground mining rights and auxiliary assets
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
Interest Rate Issuer code: DRDI
ISIN: ZAE000058723
Issuer code: DUSM
NYSE trading symbol: DRD
(“DRDGOLD”)
UPDATE ON CONDITIONS PRECEDENT RELATING TO THE SALE OF CERTAIN EAST RAND
PROPRIETARY MINES LIMITED (“ERPM”) UNDERGROUND MINING RIGHTS AND AUXILIARY
ASSETS
Further to the SENS announcement dated Friday, 25 July 2014 in which DRDGOLD announced the
conditional disposal of certain underground mining and prospecting rights and auxiliary assets of
subsidiary ERPM, DRDGOLD confirms that it has received notice from the proposed purchaser, ERPM
South Africa Holdings Proprietary Limited, that it has finalized the necessary funding arrangements in order
to enable it to discharge the purchase price obligations contemplated in the transaction, in full, and in
accordance with the provisions of the agreement.
Johannesburg
29 October 2014
Sponsor and Debt Sponsor
One Capital
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