DRD: DRDGOLD LIMITED - Notice of acquisition of a beneficial interest in securities
August 14, 2018 at 05:26 am EDT
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14 August 2018
DRD: DRDGOLD LIMITED - Notice of acquisition of a beneficial interest in securities
DRD: DRDGOLD LIMITED - Notice of acquisition of a beneficial interest in securities
Notice of acquisition of a beneficial interest in securities
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
NYSE trading symbol: DRD
('DRDGOLD' or the 'Company')
NOTICE OF ACQUISITION OF A BENEFICIAL INTEREST IN SECURITIES
In accordance with Section 122 of the Companies Act, No 71 of 2008, as amended, and
paragraph 3.83(b) of the JSE Limited Listings Requirements, DRDGOLD shareholders are
advised that the Company has received notification that Van Eck Associates Corporation
('Van Eck') has acquired a beneficial interest in the American Depository Receipt
Programme, held by the Bank of New York Mellon ('Acquisition').
The Acquisition occurred subsequent to Van Eck disposing of its beneficial interest therein on
9 August 2018, which resulted in Van Eck holding an equivalent of 4.99% of the total issued
share capital of the Company. Following the Acquisition, Van Eck now holds an equivalent of
5.01% of the total issued ordinary share capital of the Company.
Johannesburg
14 August 2018
Sponsor
One Capital
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DRDGOLD Limited published this content on 14 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 August 2018 09:25:07 UTC
DRDGOLD Limited is a South Africa-based holding company. The Company is primarily involved in the retreatment of surface gold tailings. The Companyâs business includes Ergo, Far West Gold Recoveries (FWGR), Hot Button Features and Resources and Reserves. Ergo business is a surface gold retreatment operation, which treats old slime dams and sand dumps to the south of Johannesburgâs central business district, as well as the East and Central Rand goldfields. The operation comprises three plants. The Ergo and Knights plants operate as metallurgical plants. The Ergo plant treats around 1.7 Mtpm of material. The City Deep plant operates as a pump/milling station feeding the metallurgical plants. The Companyâs FWGR is a surface gold retreatment operation that treats old slime dams in the West Rand goldfields and is located near Carletonville in South Africaâs Gauteng province. Mineral Resources consist of sand dumps, slimes dams and silted areas and dams.