DRDGOLD Limited reported that awards under its equity‑settled long‑term incentive scheme, granted on 19 October 2022, vested on 20 October 2025. Certain participants elected to sell vested DRDGOLD ordinary shares via a pooled, on‑market process executed by an independent third party, with proceeds apportioned by individual share counts.
Trading data for the pooled sale shows daily VWAPs between R42.7234 and R50.0212 across 20–23 October 2025. Examples include sales apportioned to Niël Pretorius (559,717 shares; total value R25,497,628.08) and Riaan Davel (297,976 shares; total value R13,574,147.69), calculated using daily VWAPs.
The company also announced governance updates: Riaan Davel resigned from the Social and Ethics Committee and was replaced by Henriette Hooijer with effect from 23 October 2025. Following a tenure review, Johan Holtzhausen will conclude his board tenure at the 2026 Annual General Meeting and Edmund Jeneker at the 2027 Annual General Meeting.
DRDGOLD Limited reported a director dealing: Chief Financial Officer Riaan Davel executed an on‑market sale of 137,067 ordinary shares on 17 October 2025. The trades were done at a VWAP of R54.599, with a highest price of R55.1 and a lowest price of R54.2, for a disclosed total value of R7,483,745.05. The interest is stated as direct beneficial.
The company notes that prior clearance to deal was obtained in accordance with JSE Listings Requirements, and the transaction was disclosed via a formal release dated 21 October 2025.
DRDGOLD reported a steady quarter to 30 September 2025. Gold produced rose 2% to 1,191 kg (38,291 oz), with gold sold up 1% to 1,158 kg, helped by a higher yield of 0.184 g/t (up 5%) despite a 3% decline in ore milled to 6,481 thousand tonnes.
Average gold price received was R1,943,398/kg (US$3,429/oz), supporting revenue of R2,254.9 million (up 2%). Adjusted EBITDA edged up 1% to R1,093.0 million (US$62.0m). Cash operating costs increased to R955,086/kg (US$1,685/oz), with all-in sustaining costs at R1,066,287/kg (US$1,881/oz) and all-in costs at R1,745,213/kg (US$3,079/oz). Cost drivers included annual labour increases, higher reagent prices, winter electricity tariffs and site clean-up machine hire.
Sustaining capex was R51.5m, while non-sustaining/growth capex rose to R781.1m, mainly for Far West Gold Recoveries Phase II. Cash decreased by R257.1m to R1,049.1m after a R345.7m final dividend and R751.8m capex; the Company remains debt free.