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
October 20, 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 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 if the registrant is submitting the Form 6-K on paper as permitted by
Regulation S-T Rule 101(b)(1):
☐
Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by
Regulation S-T Rule 101(b)(7):
☐
CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
To comply with section 10(1)(a) of the South African Auditing Profession Act, 26 of 2005, the
Independent Regulatory Board for Auditors (“
IRBA
”) published the rule on Mandatory Audit Firm
Rotation (“
MAFR
”) for auditors of all public interest entities, as defined in section 290.25 to 290.26 of
the amended IRBA Code of Professional Conduct for Registered Auditors. An audit firm, including a
network firm as defined in the IRBA Code of Professional Conduct for Registered Auditors, shall not
serve as the appointed auditor of a public interest entity for more than 10 consecutive financial years.
Thereafter, the audit firm will only be eligible for reappointment as the auditor after the expiry of at least
five financial years. The requirement is effective for financial years commencing on or after April 1,
2023.
Pursuant to this requirement, on October 20, 2022, DRDGOLD Limited’s (“
DRDGOLD
”) Board of
Directors, upon recommendation by the Audit Committee has recommended the appointment of BDO
South Africa Inc. (“
BDO
”) as the Company’s independent principal accountants for the fiscal year ending
June 30, 2023. This appointment is subject to shareholder approval at the Annual General Meeting
expected to be held on November 29, 2022.
KPMG Inc. (“
KPMG
”) will resign as independent principal accountants of the group on conclusion of its
responsibilities relating to the June 30, 2022 fiscal year audit.
In connection with the audits of the Company’s financial statements for each of the two fiscal years ended
June 30, 2021, there were no disagreements with KPMG over any matters of accounting principles or
practices, financial statement disclosure, or auditing scope or procedures, which, if not resolved to the
satisfaction of KPMG, would have caused KPMG to make reference to the matter in their report.
Exhibit
99.1
Release dated
October 20,
2022, “NOTIFICATION OF
CHANGE IN
EXTERNAL AUDITOR”
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 20, 2022
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 1895/000926/06)
ISIN: ZAE000058723
JSE share code: DRD
NYSE trading symbol: DRD
(“
DRDGOLD
”, the “
Company
” or the “
Group
”)
NOTIFICATION OF CHANGE IN EXTERNAL AUDITOR
DRDGOLD shareholders (“
Shareholders
”) are advised
that the board
of directors of
the Company (the
“
Board
”),
on recommendation of DRDGOLD’s
audit committee, has appointed
BDO South Africa Inc. (“
BDO
”) as the new
external auditor of the Group for the financial year ending 30 June 2023, with the designated audit partner
being
Jacques Barradas, replacing KPMG Inc. following its conclusion
of the 2022 audit.
BDO’s
appointment
as
external
auditor
will
be
proposed
for
approval
by
Shareholders
at
the
annual
general
meeting of the Company to be held on Tuesday,
29 November 2022.
The change of
external auditor was
initiated following DRDGOLD’s
decision to early
adopt the mandatory
audit
firm rotation rule, issued by the Independent
Regulatory Board for Auditors, which
is effective for financial years
commencing on or after 1 April 2023.
The Board
would like
to extend
its appreciation
to KPMG
Inc. for
their long-standing
service to
the Group
and
looks forward to working with BDO.
Johannesburg
20 October 2022
Sponsor
One Capital