DRDGOLD - Cancellation Of Listing Of Ordinary Shar
DRD
DRDD
DRDGOLD - Cancellation Of Listing Of Ordinary Shares On The Official List
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ARBN 086 277 616
JSE trading symbol: DRD
ISIN Code: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol: DROOY
("DRDGOLD" or "the Company")
CANCELLATION OF LISTING OF ORDINARY SHARES ON THE OFFICIAL LIST
DRDGOLD has asked the UK Financial Services Authority to cancel the listing of
the Company"s ordinary shares ("Ordinary Shares") on the UK Official List. It is
expected that the cancellation of the UK share listing will take effect at 8.00
a.m. (UK time) on Monday, 8 January 2007.
The Ordinary Shares have been listed on the UK Official List since 19 July 1950.
Currently, shareholders holding 814,624 Ordinary Shares (equivalent to
approximately 0.25% of the total issued share capital of the Company) appear on
the Company"s UK register of members.
However, since listing in the UK, only a small amount of trading in the Ordinary
Shares has been conducted on the London Stock Exchange ("the LSE") and the
current trading platform on which the LSE places the Ordinary Shares makes
trading even more difficult, particularly for retail investors. In view of this
lack of trading ability, and taking into account the high costs associated with
being admitted to the UK Official List, it is considered that there is no longer
significant benefit to the Company to maintain this listing.
Following cancellation of the listing, the Company"s UK register of members will
still be maintained, and all matters relating to the Ordinary Shares dealt with
by the Company"s UK registrars, Capita Registrars, will be handled as before.
Consideration is currently being given to alternative ways in which the
Company"s UK shareholders can deal in Ordinary Shares and further information in
this regard will be issued in due course.
5 December 2006
Johannesburg
Date: 05/12/2006 08:58:22 AM Produced by the JSE SENS Department
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