Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

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