| Mon 11 Jul 2005, 14:57 | | DRDGOLD - Results of the Claw-Back Offer |
|
DRDGOLD - Results of the Claw-Back Offer
DRDGOLD Limited
(Formerly Durban Roodepoort Deep, Limited)(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
Share code: DRD
ISIN: ZAE000058723ARBN number: 086 277 616
NASDAQ trading symbol: DROOY
(`DRDGOLD`)
RESULTS OF THE CLAW-BACK OFFERDRDGOLD is pleased to announce the results of the claw-back offer of 15 804 116
new DRDGOLD ordinary shares (`claw-back shares`) at an issue price of R5.50 per
share (`the claw-back offer`) referred to in the circular to DRDGOLD ordinary
shareholders dated 20 June 2005.Applications were received in respect of 10 491 113 claw-back shares,
representing 66.4% of the claw-back shares offered in terms of the claw-back
offer. The claw-back shares not subscribed for by DRDGOLD ordinary shareholders
or their renouncees, being 5 313 003 claw-back shares, were subscribed for bycertain underwriters in terms of the underwriting agreement entered into between
themselves and DRDGOLD.
Share certificates in respect of claw-back shares subscribed for by holders of
certificated DRDGOLD shares will be posted today and holders of dematerialisedDRDGOLD shares will have their safe custody accounts with their Central
Securities Depository Participants or brokers credited with the claw-back shares
subscribed for today.
Johannesburg11 July 2005
Financial Adviser
QuestCo (Pty) Ltd
SponsorStandard Bank
Attorneys
Bowman Gilfillan
The claw-back shares will not be registered for purposes of the claw-back offerwith the Canadian Provincial Securities Commission. Further, no action has been
taken to register the claw-back shares issued in terms of the claw-back offer,
or otherwise permit an offering of such shares, into the Commonwealth of
Australia. Accordingly, the claw-back offer was not made to, or open foracceptance by, persons with registered addresses in the Dominion of Canada or in
the Commonwealth of Australia. Further, the claw-back offer did not constitute
an offer in any jurisdiction in which, or to any persons to whom, it would not
have been lawful to make such an offer. DRDGOLD shareholders should consulttheir professional advisers to determine whether any governmental or other
consents are required or whether other formalities need to be observed to allow
them to take up, or trade their entitlements pursuant to the claw-back offer.
The CSDP or broker will ensure that where such persons are holding DRDGOLDshares in dematerialised form that the CSDP or broker adheres to the above
restrictions.
This announcement is not an offer of securities into the United States of
America. The claw-back shares have not been and will not be registered under theU.S. Securities Act of 1933 (`the Securities Act`). Accordingly, the claw-back
shares may not be offered, sold, resold, delivered or transferred, directly or
indirectly, in or into the United States of America or to, or for the account or
benefit of, United States of America persons, except pursuant to exemptions fromthe Securities Act.
Prior to dealing in DRDGOLD securities, investors should consider the risks
described in our annual report and other filings with the U.S. Securities
Exchange Commission.Date: 11/07/2005 02:25:08 PM Produced by the JSE SENS Department