2 December 2019
1 069 321 (855 457
performance shares and
213 864 retention shares)
R6 576 324.15
2 December 2021 and
(note 2)
22 October 2020
332 497 (265 998
performance shares and
66 499 retention shares)
R6 460 416.71
22 October 2023
20 October 2021
549 986 (439 989
performance shares and
109 997 retention shares)
R7 452 310.30
20 October 2024
Notes:
1.
Deemed value
is
based
on the
DRDGOLD
Share
price
on the
grant
date, being
R6.15 on
2 December 2019,
R19.43
on
22 October 2020 and R13.55 on 20 October 2021.
2.
The LTI Scheme made provision for 50%
of the Awards made in
December 2019 to vest in 2021
(being 2 years after
the grant
date) and the remaining 50% to vest in December 2022 (being 3 years after the grant date).
Name of director:
Date of acceptance of Award:
26 October 2021
Number of conditional shares:
292 796
(234 237
performance shares
and 58
559
retention shares)
Vesting date:
20 October 2024
Strike price:
Rnil
Deemed value of transaction:
R3 967
385.80
(based
on
the
DRDGOLD
Share
price
on
the
grant
date,
being
R13.55
on
20 October 2021)
The table
below provides
a summary
of the
participation by
Mr Riaan
Davel in
the LTI Scheme, following
the acceptance of abovementioned Award:
Grant date
Number of conditional shares
awarded
Deemed value
(note 1)
Vesting date
2 December 2019
517 522 (414 018 performance
shares and 103 504 retention
shares)
R3 182 760.30
2 December 2021 and
(note 2)
22 October 2020
160 919 (128 735 performance
shares and 32 184 retention
shares)
R3 126 656.17
22 October 2023
20 October 2021
292 796 (234 237 performance
shares and 58 559 retention
shares)
R3 967 385.80
20 October 2024
Notes:
1.
Deemed value
is
based
on the
DRDGOLD
Share
price
on the
grant
date, being
R6.15 on
2 December 2019,
R19.43
on
22 October 2020 and R13.55 on 20 October 2021.
2.
The LTI Scheme made provision for 50%
of the Awards made in
December 2019 to vest in 2021
(being 2 years after
the grant
date) and the remaining 50% to vest in December 2022 (being 3 years after the grant date).
Name of prescribed officer:
Jaco Schoeman
Date of acceptance of Award:
26 October 2021