DRDGOLD (DRD) - 2022 Q1 - Quarterly Report

SEC Filing Information This section details the Form 6-K filing by DRDGOLD Limited, including its purpose as a foreign private issuer report and official signatures Filing Details This section identifies the document as a Form 6-K report filed by DRDGOLD Limited with the SEC, indicating its purpose as a report of a foreign private issuer - The document is a Form 6-K report filed by DRDGOLD Limited on February 18, 2025, as a report of a foreign private issuer[1][2] Signatures This section confirms the official signing of the Form 6-K report by DRDGOLD Limited's Chief Financial Officer, Riaan Davel, on February 18, 2025 - The report was signed on behalf of DRDGOLD Limited by Riaan Davel, Chief Financial Officer, on February 18, 2025[6][7][8] Interim Financial Results and Dividend Declaration This section presents DRDGOLD Limited's unaudited interim financial results for H2 2024, highlighting significant growth and the declaration of an interim cash dividend Introduction and Report Overview This section introduces DRDGOLD Limited's condensed consolidated unaudited interim results for the six months ended December 31, 2024, and the associated cash dividend declaration - DRDGOLD Limited announced its condensed consolidated unaudited interim results for the six months ended December 31, 2024, along with a cash dividend declaration[9] - Full results are available through the JSE cloudlink and on the Company's website[10] Key Financial Results Summary DRDGOLD Limited reported 28% revenue growth and a 74% increase in operating profit for the six months ended December 31, 2024, with EPS and HEPS rising by 65% Key Financial Results Summary (Six months ended 31 December) | Metric | Dec 2024 (ZAR million / SA cents per share) | Dec 2023 (ZAR million / SA cents per share) | % Change | | :--------------------------------- | :---------------------------------------- | :---------------------------------------- | :------- | | Revenue | 3,802.3 | 2,974.2 | 28 | | Operating profit | 1,578.7 | 909.3 | 74 | | Earnings per share | 112.6 | 68.4 | 65 | | Headline earnings per share | 112.6 | 68.4 | 65 | | Interim dividend | 30 | 20 | 50 | Cash Dividend Declaration The Board declared an interim cash dividend of 30 SA cents per share, a 50% year-over-year increase, detailing tax implications, payment procedures, and key dates for shareholders Dividend Specifics and Tax Information The interim cash dividend for the six months ended December 31, 2024, is 30 SA cents per share, declared out of income reserves, subject to a 20% local Dividend Withholding Tax - An interim cash dividend of 30 SA cents per share was declared for the six months ended December 31, 2024, representing a 50% increase from the previous year[11][12] - The dividend is declared out of income reserves and is subject to a 20% local Dividend Withholding Tax[12] - The gross local dividend is 30 SA cents per share, and the net local dividend is 24 SA cents per share for shareholders liable to pay Dividend Withholding Tax[12] - DRDGOLD currently has 864,588,711 ordinary shares in issue[12] Dividend Payment Procedures and Salient Dates This section outlines dividend payment procedures, including electronic transfers and account crediting, and specifies a restricted period for share transfers and dematerialisation/rematerialisation - Dividends for certificated ordinary shares on the SA share register will be electronically transferred to bank accounts or held in escrow if suitable mandates are not received[13] - Dividends for dematerialised shareholdings will be credited to accounts with the relevant Central Securities Depository Participant (CSDP) or broker[14] - No transfers between the SA share register and any other share register, or dematerialisation/rematerialisation, will be permitted between Wednesday, March 12, 2025, and Friday, March 14, 2025[14] Salient Dates for Dividend Payment | Event | Date | | :---------------------------------- | :---------------- | | Last date to trade ordinary shares cum-dividend | Tuesday, 11 March 2025 | | Ordinary shares trade ex-dividend | Wednesday, 12 March 2025 | | Record date | Friday, 14 March 2025 | | Payment date | Monday, 17 March 2025 | ADR Dividend Information ADR holders should confirm dividend details with the depository bank, as the information is tentative and subject to the exchange rate on the currency conversion date - ADR holders should confirm dividend details with the depository bank, as ADR information is tentative and subject to confirmation[15][16] - Assuming an exchange rate of R18.50/$1, the net dividend payable on an ADR is equivalent to 13 United States cents per share for ADR holders liable to pay Dividend Withholding Tax[16] - The actual rate of payment for ADRs will depend on the exchange rate on the date for currency conversion[16] Corporate and Contact Information This section lists DRDGOLD's Board of Directors, Company Secretary, and provides contact details for Media and Investor Relations, the company's website, registered office, and sponsor - The Board of Directors includes executives DJ (Niël) Pretorius (CEO) and AJ (Riaan) Davel (CFO), alongside various non-executive directors[17] - K Mbanyele serves as the Company Secretary[17] - Media and Investor Relations contact is Jane Kamau, and the company's website is **www.drdgold.com**[17](index=17&type=chunk)[19] - The registered office is located in Weltevreden Park, South Africa, and One Capital is the sponsor[19]