tiprankstipranks
DRDGOLD Executes Major Share Disposal Under Incentive Scheme
Company Announcements

DRDGOLD Executes Major Share Disposal Under Incentive Scheme

Drdgold (DRD) has released an update.

Pick the best stocks and maximize your portfolio:

DRDGOLD Limited has executed a significant disposal of shares through a pooled sale arrangement, with various participants, including executive directors, selling their vested shares as part of an equity-settled long-term incentive scheme. The sale, which took place on October 21, 2024, involved over 406,000 shares at a volume-weighted average price of R22.0525, generating proceeds of approximately R8.96 million. These transactions highlight the company’s commitment to aligning employee incentives with shareholder interests.

For further insights into DRD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskDRDGOLD AGM: Key Resolutions Passed, Issuance Rejected
TipRanks Auto-Generated NewsdeskDRDGOLD Appoints New Independent Director to Board
TipRanks Auto-Generated NewsdeskDRDGOLD Incentive Scheme Spurs Notable Share Transactions
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App