alert

26 February 2018

Circular to DRDGOLD shareholders

Circular to DRDGOLD shareholders (PDF - 2.2MB)

Circular relating to:

• the proposed acquisition by DRDGOLD of selected surface processing plants and tailings assets, by way of an acquisition of 100% shareholding in WRTRP from Sibanye-Stillwater, in exchange for the allotment and issue of new DRDGOLD Shares to Sibanye-Stillwater (amounting to approximately 38% of all DRDGOLD Shares in issue (including Treasury Shares));
• the potential future Specific Issue, pursuant to the potential exercise of the Option by Sibanye-Stillwater, of so many DRDGOLD Shares as will result in Sibanye-Stillwater holding 50.1% of all DRDGOLD Shares in issue (including Treasury Shares);
• a waiver of the Mandatory Offer; and
• an increase in the authorised but unissued ordinary share capital of DRDGOLD and proposed amendments to the DRDGOLD MOI,

and incorporating

• the Independent Expert Report;
• the Competent Person�s Report;
• Revised Listing Particulars;
• a notice convening the General Meeting; and
• a Form of Proxy in respect of the General Meeting (for use by Certificated Shareholders and Dematerialised Shareholders with �own name� registration only).

Letter to Shareholders: THE PROPOSED WRTRP ACQUISITION (PDF - 428KB)

Competent Persons� Report on the West Rand Tailings Retreatment Project for DRDGOLD Limited (PDF - 4.3MB)