Drdgold (DRD) has released an update.
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.