SENS news

Condensed consolidated reviewed provisional results for the year ended 30 June 2021 and cash dividend declaration

25 August 2021

Condensed consolidated reviewed provisional results for the year ended 30 June 2021 and cash dividend declaration

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 "Group" or the "Company")


CONDENSED CONSOLIDATED REVIEWED PROVISIONAL RESULTS
FOR THE YEAR ENDED 30 JUNE 2021 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/2021/JSE/ISSE/DRD/AFS_FY2021.pdf and also available for
viewing on the Group's website at https://www.drdgold.com/investors-and-media/financials/2021.

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,
25 August 2021 until Wednesday, 8 September 2021.

KEY FINANCIAL RESULTS SUMMARY
                                                    Year ended          Year ended
                                                  30 June 2021        30 June 2020       % increase
 Revenue - R million                                   5,269.0             4,185.0              26%
 Operating profit - R million                          2,170.7             1,562.1              39% 
 Earnings per share - South African ("SA") 
 cents per share ("cps")                                 168.4                82.5             104%
 Headline earnings per share - SA cps                    168.4                82.4             104%
 Final dividend - SA cps                                    40                  35              14%

The condensed consolidated provisional financial statements for the year ended 30 June 2021 have been
reviewed, in accordance with 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 2021 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 9,474,920 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: Monday, 20 September 2021;
 -  ordinary shares trade ex-dividend: Tuesday, 21 September 2021;
 -  record date: Thursday, 23 September 2021; and
 -  payment date: Monday, 27 September 2021.

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 Tuesday, 21 September 2021 and Thursday,
23 September 2021, 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,
27 September 2021.

The holders of American Depositary Receipts ("ADRs") should confirm dividend details with the depository
bank. Assuming an exchange rate of R15.00/$1, the dividend payable on an ADR is equivalent to 
21 United States cents for ADR holders liable to pay dividend tax. However, the actual rate of payment 
will depend on the exchange rate on the date for currency conversion.

On behalf of the Board

GC Campbell                                   DJ Pretorius
Non-Executive Chairman                        Chief Executive Officer

Johannesburg
25 August 2021

DIRECTORS - (*British) (#Independent) (^Lead Independent)

Executives:
DJ (Niel) Pretorius (Chief Executive Officer)
AJ (Riaan) Davel (Chief Financial Officer)

Non-Executives:
GC Campbell*# (Non-Executive Chairman); EA Jeneker#^; JA Holtzhausen#, TVBN Mnyango#, JJ Nel#,
P Lebina#, TJ Cumming, C Flemming#

Company Secretary:
E Beukes

Investor Relations:
For further information, contact Niel Pretorius at:
Tel: (+27) (0)11 470 2600, Fax: (+27) (0)11 470 2618,
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

Date: 25-08-2021 08:08:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.