DRDGOLD Files 6-K on Securities Dealings
Ticker: DRDGF · Form: 6-K · Filed: Oct 24, 2024 · CIK: 1023512
| Field | Detail |
|---|---|
| Company | Drdgold LTD (DRDGF) |
| Form Type | 6-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: securities-dealings, 6-K, foreign-private-issuer
TL;DR
DRDGOLD filed a 6-K for securities dealings, details to follow.
AI Summary
DRDGOLD Limited filed a Form 6-K on October 24, 2024, to report dealings in securities. The filing includes an exhibit titled 'dealingsinsecurities241020.htm' and is signed by Riaan on behalf of the company. No specific financial figures or transaction details are provided in this summary.
Why It Matters
This filing indicates ongoing corporate activity related to the company's securities, which could signal changes in ownership or strategic moves.
Risk Assessment
Risk Level: low — This is a routine filing reporting dealings in securities, not a material event like an acquisition or earnings miss.
Key Players & Entities
- DRDGOLD Limited (company) — Registrant
- Riaan (person) — Signatory for the company
FAQ
What specific type of securities dealings are being reported by DRDGOLD Limited?
The filing references an exhibit 'dealingsinsecurities241020.htm' which would contain the specific details of the securities dealings, but the content of this exhibit is not provided in the summary.
What is the purpose of a Form 6-K filing?
A Form 6-K is a report of foreign private issuers pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, typically used to provide information that the company makes or is required to make public in its home country.
When was this Form 6-K filed?
The Form 6-K was filed on October 24, 2024.
Who signed this report on behalf of DRDGOLD Limited?
The report was signed by Riaan on behalf of DRDGOLD Limited.
Does this filing contain specific financial results for DRDGOLD?
No, this Form 6-K is specifically for reporting dealings in securities and does not appear to contain specific financial results.
Filing Stats: 609 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-10-24 12:54:02
Filing Documents
- dealingsinsecurities241020.htm (6-K) — 36KB
- 0001023512-24-000038.txt ( ) — 37KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DRDGOLD LIMITED Date October 24, 2024 By s Riaan Davel Name Riaan Davel Title Chief Financial Officer Exhibit 99.1 DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 189500092606) ISIN ZAE000058723 JSE A2X share code DRD NYSE trading symbol DRD (" DRDGOLD ") DEALINGS IN SECURITIES Shareholders of DRDGOLD (" Shareholders ") are advised that in terms of the equity settled long-term incentive scheme (" LTI Scheme "), as approved by Shareholders on 2 December 2019, qualifying employees (" Participants ") are awarded conditional shares on an annual basis, comprising performance shares (80% of the total conditional shares awarded) and retention shares (20% of the total conditional shares awarded) (" Awards "). Awards vest 3 years after grant date, subject to the rules of the LTI Scheme, including certain performance conditions being met. Vested Awards are settled in the form of DRDGOLD ordinary shares (" DRDGOLD Shares ") at a zero-exercise price. Furthermore, various Participants have elected to dispose of all or a portion of the vested DRDGOLD Shares (" Relevant DRDGOLD Shares "), pursuant to the off-market vesting of the Awards made on 20 October 2021 to executive directors and prescribed officers of DRDGOLD and executive directors of its major subsidiaries on 20 October 2024. Accordingly, in order to facilitate the disposal of the Relevant DRDGOLD Shares, a pooled sale arrangement has been put in place in terms of which the aggregate of the Relevant DRDGOLD Shares are being disposed of, by an independent third party, through various on-market trades (" Sales "). The details of the Sales are set out below Date of Sale Number of DRDGOLD Shares sold Price per DRDGOLD Share Total value of Sale 21 October 2024 4