Sibanye-owned DRDGOLD declares interim dividend

DRDGOLD SENS statement:

Interim financial results for the six months ended 31 December 2020

  • Group revenue R2,977.4m – 2019: R2.111.4m up 41%
  • Trading profit R1,441.8m – 2019: R719.6m up 100%
  • Earnings per share 111 cents – 2019: 48.5 cents up 129%
  • Headline earnings per share 111 cents – 2019: 48.4 cents up 129%
  • Ordinary dividend per share 40 cents – 2019: 25 cents up 60%

Read also: Sibanye acquires additional 12% stake in DRDGOLD for R1bn

Dividend

The Board has declared an interim cash dividend of 40 SA cps for the six months ended 31 December 2020 as follows:

  • the dividend has been declared out of income reserves;
  • the local Dividend Withholding Tax rate is 20%;
  • 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.

Annual report

As previously advised in the announcement published on the Stock Exchange News Service of the JSE on Thursday, 29 October 2020, DRDGOLD filed its Annual Report on Form 20-F for the year ended  30 June 2020 (the “2020 Annual Report”) with the United States. Securities and Exchange Commission  (the “SEC”) on Thursday, 29 October 2020.

The 2020 Annual Report can be downloaded from the SEC’s website (http://www.sec.gov) and is also available on DRDGOLD’s corporate website (http://www.drdgold.com). Hard copies of DRDGOLD’s complete 2020 audited financial statements can be provided, free of charge, upon request.

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