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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________

FORM 6-K

REPORT OF A FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For February 2018

Commission File Number 0-28800

______________________

DRDGOLD Limited

1 Sixty Jan Smuts Building, 2

Floor-North Tower

160 Jan Smuts Avenue, Rosebank

South Africa, 2196

(Address of principal executive offices)

______________________

Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F.

Form 20-F

Form 40-F

Indicate by check mark whether the registrant by furnishing the information contained in this
Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-
2(b) under the Securities Exchange Act of 1934.

Yes

If ''Yes'' is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): N/A

Attached to the Registrant Form 6-K filing for the month of February 2018, incorporated
by reference herein:

Exhibit

99.1

Release dated February 26, 2018, “POSTING OF CIRCULAR, NOTICE OF
GENERAL MEETING, SALIENT DATES AND TIMES, UPDATED PRO FORMA
FINANCIAL INFORMATION, INDEPENDENT EXPERT OPINION AND BOARD
RECOMMENDATION”.

99.2

Release dated February 27, 2018, “DEALING IN SECURITIES BY A DIRECTOR.”

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

DRDGOLD LIMITED

Date: February 27, 2018

By: /s/ Riaan Davel

Name: Riaan Davel
Title: Chief Financial Officer

Exhibit 99.1

DRDGOLD LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1895/000926/06)

JSE share code: DRD

ISIN: ZAE000058723

NYSE trading symbol: DRD

(“DRDGOLD” or the “Company”)

POSTING OF CIRCULAR, NOTICE OF GENERAL MEETING, SALIENT DATES AND TIMES,

UPDATED PRO FORMA FINANCIAL INFORMATION, INDEPENDENT EXPERT OPINION AND

BOARD RECOMMENDATION

Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the
same meanings ascribed thereto in the announcement published by DRDGOLD on SENS on
Wednesday, 22 November 2017 (“Transaction Announcement”).

INTRODUCTION

In terms of the Transaction Announcement, Shareholders were advised of, inter alia:

·  the proposed acquisition by DRDGOLD of the WRTRP Assets, by way of the acquisition of a 100%
   shareholding in WRTRP, from Sibanye-Stillwater in exchange for the allotment and issue by
   DRDGOLD of the Consideration Shares to Sibanye-Stillwater, such that Sibanye-Stillwater will hold
   approximately 38% of all DRDGOLD Shares in issue (including Treasury Shares) following the
   issue of the Consideration Shares (“Proposed Acquisition”);

·  the granting of the Option to Sibanye-Stillwater to subscribe for so many new DRDGOLD Shares
   (“Issue Shares”) as will result in Sibanye-Stillwater holding 50.1% of all DRDGOLD Shares in issue
   (including Treasury Shares) following the issue of the Consideration Shares and the Issue Shares
   (“Specific Issue”); and

·  the proposed waiver of the requirement for Sibanye-Stillwater to extend a mandatory offer to the
    remaining Shareholders to acquire any DRDGOLD Shares held by such persons, which results
   from Sibanye-Stillwater holding in excess of 35% of the voting securities of the Company, following
   the implementation of the Proposed Acquisition (“Proposed Waiver”).

Furthermore, in order to, inter alia, give effect to the Proposed Acquisition and the Specific Issue,
DRDGOLD is required to increase the authorised ordinary share capital of the Company, by way of an
amendment to the DRDGOLD memorandum of incorporation (“DRDGOLD MOI”). DRDGOLD will also
propose additional amendments to the DRDGOLD MOI, which include the alignment of the DRDGOLD
MOI with the latest regulations.

POSTING OF THE CIRCULAR

Shareholders are advised that the circular, including revised listing particulars and the notice convening
the General Meeting (“Circular”) has been posted to Shareholders today, 26 February 2018. The
Circular is also available on DRDGOLD’s website:

www.drdgold.com

To obtain a thorough understanding of the Proposed Acquisition, the Specific Issue, the Proposed
Waiver and the proposed amendments to the DRDGOLD MOI, Shareholders are advised to refer to the
full terms and conditions and / or details pertaining thereto, as set out in the Circular.

GENERAL MEETING

The General Meeting of Shareholders will be held at the Company’s boardroom, 1 Sixty Jan Smuts
Building, 2nd Floor - North Tower, 160 Jan Smuts Avenue, Rosebank, Johannesburg, South Africa at
12:00 (South African time) on Wednesday, 28 March 2018 (or any postponement or adjournment
thereof) (“General Meeting”) to consider and, if deemed fit, pass the resolutions set out in the notice of
general meeting attached to the Circular(“Notice”), with or without modification.

SALIENT DATES AND TIMES

2018

Record date to determine which Shareholders are entitled to receive the
Circular, on

Friday, 16 February

Posting of the Circular to Shareholders, on

Monday, 26 February

Notice of posting of the Circular published on SENS, on

Monday, 26 February

Last day to trade in DRDGOLD Shares in order to be recorded in the
register and thereby be eligible to attend, speak and vote at the General
Meeting (“General Meeting LDT”), on

Tuesday, 13 March

Date on which a Shareholder must be recorded in the register to be
eligible to attend, speak and vote at the General Meeting (“General
Meeting Record Date”), on

Friday, 16 March

Forms of proxy for Shareholders holding DRDGOLD Shares in the form
of American Depositary Receipts to be lodged by 02:00 (Eastern Standard
Time), on

Monday, 26 March

Forms of proxy for Shareholders registered on the United Kingdom
register to be lodged by 11:00 (Greenwich Mean Time), on

Monday, 26 March

Forms of proxy for Shareholders registered on the South African register
to be lodged by 12:00 (South African Time), on

Tuesday, 27 March

General Meeting to be held at 12:00 (South African Time), on

Wednesday, 28 March

Results of the General Meeting published on SENS, on or about

Wednesday, 28 March

Notes:

1. The above-mentioned dates and times are subject to change. Any change in the dates and times

will be published on SENS as well as in the press.

2. Shareholders should note that as trades in DRDGOLD Shares are settled in the electronic

settlement system used by Strate Proprietary Limited, settlement of trades will take place 3 business
days after such trade, therefore, persons who acquire DRDGOLD Shares after the General Meeting
LDT, namely, Tuesday, 13 March 2018, will not be entitled to attend, speak and vote at the General
Meeting.

3. No dematerialisation or rematerialisation of DRDGOLD Shares may take place between the date

after the General Meeting LDT and the General Meeting Record Date.

4. Dematerialised Shareholders, other than those with “own name” registration, must provide their

Broker or Central Securities Depositary Participant (“CSDP”) with their instructions for voting at the
General Meeting by the cut-off date and time stipulated by their Broker or CSDP in terms of their
respective custody agreements.

5. Any form of proxy not lodged by the recommended date and time may be handed to the chairman

of the General Meeting (or any adjournment or postponement thereof) before such Shareholder’s
rights are exercised at the General Meeting (or any adjournment or postponement thereof).

6. If the General Meeting is adjourned or postponed, the forms of proxy submitted for the initial General

Meeting will remain valid in respect of any adjournment or postponement of the General Meeting.

UPDATED PRO FORMA FINANCIAL INFORMATION

On Tuesday, 6 February 2018, DRDGOLD published pro forma financial information of DRDGOLD
which illustrated the effect of the Proposed Acquisition and the Specific Issue on the published, audited
consolidated statement of financial position of DRDGOLD as at 30 June 2017 (“Pro Forma Financial
Information”). Subsequently, on Thursday, 15 February 2018, DRDGOLD published its unaudited
operating and financial results for the six months ended 31 December 2017 (“Interim Results”).

Accordingly, in terms of paragraphs 8.25(c) and 8.28(a) of the Listings Requirements, the Pro forma
Financial Information has been updated to illustrate the effect of the Proposed Acquisition and the
Specific Issue on the Interim Results.

The table below sets out the pro forma statement of financial position of DRDGOLD which has been
prepared to illustrate the effect of the Proposed Acquisition and the Specific Issue on the published,
unaudited consolidated statement of financial position of DRDGOLD as at 31 December 2017, had the
Proposed Acquisition and the Specific Issue been implemented on 31 December 2017 (“Revised Pro
Forma Financial Information”).

The Revised Pro Forma Financial Information has been compiled using the accounting policies that
comply with International Financial Reporting Standards and that is consistent with those applied in the
published, audited consolidated annual financial statements of DRDGOLD for the year ended
30 June 2017.

The Revised Pro Forma Financial Information is the responsibility of the Board and is provided for
illustrative purposes only and because of its nature, may not fairly present the financial position of
DRDGOLD after the implementation of the Proposed Acquisition and the Specific Issue.

The Revised Pro Forma Financial Information has been extracted from the Circular and should be read
alongside the independent reporting accountants’ report thereon as contained in the Circular.

Before

Proposed

Acquisition

Adjustment

After the

Proposed

Acquisition

Specific

issue

Adjustment

After the

Proposed

Acquisition

and the

Specific

Issue

R million

Actual

Pro forma

ASSETS

Non-current assets

1 753.9

2 474.7

4 228.6

Property, plant and
equipment

1 502.0

2 121.0

3 623.0

Investments in
rehabilitation
obligation funds

235.6

353.7

589.3

Investment in other
entities

11.3

Deferred tax asset

5.0

Current assets

625.7

(7.4)

618.3

578.0

1 196.3

Inventories

242.7

Trade and other
receivables

88.4

Before

Proposed

Acquisition

Adjustment

After the

Proposed

Acquisition

Specific

issue

Adjustment

After the

Proposed

Acquisition

and the

Specific

Issue

R million

Actual

Pro forma

Cash and cash
equivalents

294.6

(7.4)

287.2

578.0

865.2

TOTAL ASSETS

2 379.6

2 467.3

4 846.9

578.0

5 424.9

EQUITY AND
LIABILITIES
Equity
Equity

1 344.4

2 241.6

3 586.0

578.0

4 164.0

Non-current liabilities

742.6

222.5

965.1

Provision for
environmental
rehabilitation

546.5

222.5

769.0

Deferred tax liability

154.2

Employee benefits

26.4

Finance lease
obligation

15.5

Current liabilities

292.6

3.2

295.8

Trade and other
payables

275.8

3.2

279.0

Current tax liability

6.6

Employee benefits

10.2

TOTAL LIABILITIES

1 035.2

225.7

1 260.9

TOTAL EQUITY AND
LIABILITIES

2 379.6

2 467.3

4 846.9

578.0

5 424.9

Net asset value per
share (SA cents per
share)

318.5

845.9

521.9

487.1

Tangible net asset
value per share (SA
cents per share)

318.5

845.9

521.9

487.1

Number of shares in
issue

431 429 767

265 000 000

696 429 767

167 733 616

864 163 383

Treasury shares held
by Ergo Mining
Operations 9 361 071

9 361 071

Number of Shares in
issue less treasury
shares

422 068 696

265 000 000

687 068 696

167 733 616

854 802 312

Notes:

1. The “Before” financial information has been extracted without adjustment and / or derived from the

published, unaudited interim financial statements of DRDGOLD as at 31 December 2017.

2. The “After the Proposed Acquisition” column has been derived from the published, unaudited

interim financial statements of DRDGOLD as at 31 December 2017 and adjusted for:
a. The reviewed historical financial information of WRTRP as at and for the six months ended 30

June 2017.

b. Property, plant and equipment has been adjusted to take into account the fair value of the

WRTRP Assets as contained in the Competent Persons Report, a summary of which is
contained in the Circular. The fair value of the WRTRP Assets is based on management’s
strategic intent of developing the long term project over a 20 year life-of-mine and was based
on a forecast gold price of R564 245 per kilogram and a real discount rate of 6%.

c. The payment of transaction costs directly attributable to the Proposed Acquisition amounting

to R7.4 million, of which R0.4 million is capitalised to share capital and R7.0 million is
recognised as an expense.

d. The provision for the environmental rehabilitation was adjusted to allow for a market

participant’s views in settling the liability. The pro forma includes adjustments to the estimated
timing and manner of settling the expected environmental liability relating to the WRTRP
Assets. The provision for environmental rehabilitation excludes the Excluded Dumps that will
only be transferred after being decommissioned by Sibanye-Stillwater.

e. The deferred tax liability for the asset acquisition of the WRTRP Assets has been adjusted to

Rnil in line with IAS 12 Income Tax initial recognition exemption.

The issue of 265 million Consideration Shares to Sibanye-Stillwater as consideration for the
Proposed Acquisition.

3. The “After the Proposed Acquisition and the Specific Issue” column has been derived from the

published, unaudited interim financial statements of DRDGOLD as at 31 December 2017 and
adjusted for the adjustments included in note 2 above and for:
a. The issue of approximately 168 million Issue Shares for cash to Sibanye-Stillwater, following

the exercise of the Option, based on 30 day VWAP of 383.20 cents less a 10% discount as at
9 February 2018 Sibanye-Stillwater shall be entitled, subject to Sibanye-Stillwater not having
disposed of all or any of the Consideration Shares, to exercise the Option any time during the
period commencing on the date of implementation of the Proposed Acquisition and expiring 24
months thereafter (“Option Period”). The Option must be exercised in whole anytime within
the Option Period. The price per Issue Share shall be the 30 day VWAP at the time of the
exercise of the Option, less 10%.

b. The payment of transaction costs directly attributable to the Specific Issue amounting to

R0.4 million, of which R0.2 million is capitalised to share capital and R0.2 million is recognised
as an expense.

4. Subsequent events:

a. On 31 January 2018, the Constitutional Court dismissed (“CC Order”) Ergo Mining Proprietary

Limited’s (“ERGO”) application for leave to appeal against the judgment of August 2017 of the
Full Bench of the South Gauteng High Court (“Full Bench Order”). The Full Bench Order
overturned the Ekurhuleni Metropolitan Council’s (“Municipality”) appeal against the order of
the South Gauteng High Court of May 2016 (“Interim Order”) in terms of which ERGO was
successful in seeking to have the Municipality restrained from exercising self-help and its
alleged credit control and debt collection measures by threatening to terminate the electricity
supply at the ERGO Central Substation (“Substation”). As a consequence of the CC Order,
the interdict restraining the Municipality has been set aside and ERGO may now have to pay
the Municipality the surcharges levied by the Municipality plus interest thereon which were paid
under protest into the trust account of ERGO’s attorneys in order to prevent the possible
discontinuation of power supply to the Ergo Plant (R111.1 million at 31 December 2017). Full
details are set out in the Circular.

b. On 9 February 2018, a dividend of 5 cents per qualifying share (R21.1 million) was approved

by the Board as an interim dividend for 2018. The dividend was not adjusted for in the Revised
Pro Forma Financial Information and does not have any tax impact on the Company.

5. Other than disclosed in note 4, there are no subsequent events that require adjustment to the

Revised Pro Forma Financial Information.

INDEPENDENT EXPERT OPINION AND BOARD RECOMMENDATION

The Board appointed Imara Corporate Finance Proprietary Limited (“Imara”) as the independent expert
for purposes of preparing an opinion in respect of the Proposed Waiver in accordance with
Regulation 86(7) (“Independent Expert Report”). Imara has considered the proposed terms and
conditions of the Proposed Acquisition and is of the opinion that it is fair and reasonable for Shareholders
to approve the Proposed Waiver.

A copy of the Independent Expert Report is included in the Circular.

Having regard to the terms and conditions of the Proposed Acquisition and the Specific Issue, the details
pertaining to the Proposed Waiver and proposed amendments to the DRDGOLD MOI and the
Independent Expert Report, the Board unanimously recommends that Shareholders vote in favour of
the resolutions set out in the Notice. Each of the Directors who hold DRDGOLD Shares intend to vote
his or her DRDGOLD Shares in favour of resolutions set out in the Notice.

Johannesburg

26 February 2018

Sponsor

One Capital

Auditors and reporting accountants

KPMG Incorporated

Independent Expert

Imara Corporate Finance Proprietary Limited

Forward Looking Statements

This announcement contains statements relating to certain projections and business trends that are
forward-looking, including statements with respect to the Proposed Transaction, pro forma financial
information, average gold price and the other assumptions upon which the pro forma financial
information was prepared. These statements are not historical facts, but rather are based on current
expectations, estimates, assumptions and projections about the business and future financial results
and readers should not place undue reliance on them. Forward-looking statements do not guarantee
future performance and involve risks and uncertainties. These risks and uncertainties include, without
limitation, economic conditions, the Proposed Transaction not being implemented, failing to receive
expected benefits from the Proposed Transaction, incorrect assumptions, adverse changes or
uncertainties in general economic conditions in the markets we serve, a drop in the gold price, a
sustained strengthening of the rand against the dollar, regulatory developments adverse to DRDGOLD
or difficulties in maintaining necessary licenses or other governmental approvals, changes in
DRDGOLD’s competitive position, changes in business strategy, any major disruption in production at
key facilities or adverse changes in foreign exchange rates and other risks indicated in the risk factors
included in DRDGOLD’s Annual Report on Form 20-F and other filings with the US Securities and
Exchange Commission. These forward-looking statements are made only as of the date of this
announcement. DRDGOLD does not undertake to update or revise the forward-looking statements,
whether as a result of new information, future events or otherwise.

Exhibit 99.2

DRDGOLD LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1895/000926/06)

ISIN: ZAE000058723

JSE share code: DRD

NYSE trading symbol: DRD

(“DRDGOLD”)

DEALING IN SECURITIES BY A DIRECTOR

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements
(“Listings Requirements”), the following information regarding transaction by a director of
DRDGOLD is disclosed:

Name of director:

Mr Niël Pretorius

Name of company of which he is a director:

DRDGOLD

Date on which the transactions were effected:

26 February 2018

Nature of transaction:

Purchase

Class of security:

Ordinary shares

Number of ordinary shares:

681

Price per ordinary share:

3.45

Total value of transaction:

R2 349.45

Nature of director’s interest:

Direct beneficial

Confirmation of on-market or off-market:

On-market

In compliance with paragraph 3.66 of the Listings Requirements, prior clearance to deal in the
above securities was obtained from the chairman of the board of directors of DRDGOLD. The
above trade was completed outside of a closed period.

Johannesburg
27 February 2018

Sponsor
One Capital