6-K
Drdgold Ltd (DRD)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
FORM 6-K
REPORT OF A FOREIGN PRIVATE
ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For August 2022
Commission File Number 0-28800
______________________
DRDGOLD Limited
Constantia Office Park
Cnr 14th Avenue
and Hendrik Potgieter Road
Cycad House, Building 17, Ground Floor
Weltevreden
Park
South Africa, 1709
(
Address of principal executive offices
)
______________________
Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-
F.
Form 20-F
☑
Form 40-F
☐
Indicate by check mark whether the registrant by furnishing the information contained in this
Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-
2(b) under the Securities Exchange Act of 1934.
Yes
☐
No
☑
If ''Yes''
is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): N/A
Attached to the Registrant Form 6-K filing for the month of August 2022, incorporated
by reference herein:
Exhibit
99.1
Release
dated
August
24,
2022,
“CONDENSED
CONSOLIDATED
REVIEWED
PROVISIONAL
RESULTS
FOR
THE
YEAR
ENDED
30
JUNE
2022
AND
CASH
DIVIDEND DECLARATION
”
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: August 24, 2022
By: /s/ Riaan Davel
Name: Riaan Davel
Title: Chief Financial Officer
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
”)
CONDENSED CONSOLIDATED REVIEWED PROVISIONAL
RESULTS FOR THE YEAR ENDED 30 JUNE
2022
AND CASH DIVIDEND DECLARATION
INTRODUCTION
The contents
of this short
form announcement
are the responsibility
of the board
of directors
of DRDGOLD
(“
Board
”).
Shareholders are advised that this short form announcement represents a summary of the
information contained in
the full announcement and does
not contain full or complete
details.
Any investment
decisions by
investors and/or
shareholders should therefore
be based
on consideration of
the full
announcement, accessible
via
the JSE Limited (“
JSE
”) link at
https://senspdf.jse.co.za/documents/2022/JSE/ISSE/DRD/AFS_FY2022.pdf
and also available for viewing
on the
Companies’
website at https://www.drdgold.com/downloads/send/116-results-for-the-year-ended-30-june-2022/263-
results-booklet-for-the-year-ended-30-june-2022
.
A copy of the
full announcement is available for inspection at
DRDGOLD’s registered office and at the
offices of its
sponsor
at
no
charge
during
normal
business
hours
on
Mondays
to
Fridays
from
today,
24 August 2022.
KEY FINANCIAL RESULTS SUMMARY
Year ended
30 June 2022
Year ended
30 June 2021
% Change
Revenue – R million
5,118.5
5,269.0
(3%)
Operating profit – R million
1,685.1
2,170.7
(22%)
Earnings per share – South African
(“
SA
”)
cents per share (“
cps
”)
131.2
168.4
(22%)
Headline earnings per share –
SA cps
130.7
168.4
(22%)
Final dividend – SA cps
40
40
-
The
condensed consolidated
provisional financial
statements for
the
year ended
30 June
2022
have been
reviewed, in
accordance
with
the
International
Standard
on
Review
Engagements
(ISRE)
2410,
by
KPMG
Inc.
who
expressed
an
unmodified review conclusion.
DIVIDEND
The Board has declared a final cash dividend
of 40 SA cps for the year ended
30 June 2022
as follows:
●
the dividend has been declared
out of income reserves;
●
the local Dividend Withholding
Tax
rate is 20% (twenty per cent);
●
the
gross
local
dividend
amount
is
40
SA
cents
per
ordinary
share
for
shareholders
exempt
from
Dividend
Withholding Tax;
●
the
net
local
dividend
amount
is
32
SA
cents
per
ordinary
share
for
shareholders
liable
to
pay
Dividend
Withholding Tax;
●
DRDGOLD currently has 864,588,711 ordinary shares in
issue (which includes 6,612,266
treasury shares); and
●
DRDGOLD’s income tax reference number
is 9160/013/60/4.
In
compliance
with
the
requirements
of
Strate
Proprietary
Limited
(“
Strate
”)
and
the
JSE
Limited
Listings
Requirements,
given
the
Company’s
primary
listing
on
the
exchange
operated
by
the
JSE,
the
salient
dates
for
payment of the dividend are as follows:
●
last date to trade ordinary shares
cum
-dividend: Tuesday,
20 September 2022;
●
ordinary shares trade
ex
-dividend: Wednesday,
21 September 2022;
●
record date: Friday,
23 September 2022; and
●
payment date: Monday, 26 September 2022.
On
payment
date,
dividends
due
to
holders
of
certificated
securities
on
the
SA
share
register
will
either
be
electronically transferred
to such shareholders’
bank accounts or, in the
absence of suitable
mandates, dividends
will
be held in
escrow by the
Company until suitable mandates are received to
electronically transfer dividends to such
shareholders.
Dividends in
respect of dematerialised
shareholdings
will be
credited to
such shareholders’
accounts with
the relevant
Central Securities Depository Participant
(CSDP) or broker.
To
comply
with
the
further
requirements
of
Strate,
between
Wednesday,
21
September
2022
and
Friday,
23 September 2022,
both days inclusive,
no transfers
between the
SA share register
and any other
share register
will
be permitted and no ordinary shares
pertaining to the SA share
register may be dematerialised
or rematerialised.
The
currency
conversion
date
for
the
Australian
and
United
Kingdom
share
registers
will
be
Monday,
26 September 2022.
The holders of American Depositary
Receipts (“
ADRs
") should confirm dividend
details with the depository bank.
Assuming an
exchange rate
of R17.00/$1,
the net
dividend payable on
an ADR
is equivalent
to
19 United
States
cents for ADR holders liable
to pay dividend withholding tax.
However, the actual rate of payment will depend
on the
exchange rate on the date for currency
conversion.
On behalf of the Board
TJ Cumming
DJ Pretorius
Non-Executive Chairman
Chief Executive Officer
Johannesburg
24 August 2022
DIRECTORS - (
Independent) (^Lead Independent)
Executives:
DJ (Niël) Pretorius (Chief Executive
Officer)
AJ (Riaan) Davel (Chief Financial
Officer)
Non-Executives:
TJ Cumming (Non-Executive Chairman);
EA Jeneker
^; JA Holtzhausen
, TVBN Mnyango
, JJ Nel
,
KP Lebina
, CD Flemming
Company Secretary:
E Beukes
Media and Investor Relations:
For further information, contact Jane
Kamau at:
Tel:
(+27) (0)11 880 3924
Website: http://www.drdgold.com
Registered Office:
Constantia Office Park
Cnr 14th Avenue and Hendrik Potgieter Road
Cycad House, Building 17, Ground
Floor
Weltevreden Park, 1709
South Africa
Sponsor:
One Capital
17 Fricker Road, Illovo, 2196