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DISCOVERY LIMITED - Dealings in securities by a director of the company

Release Date: 21/09/2015 13:21
Code(s): DSY     PDF:  
Wrap Text
Dealings in securities by a director of the company

Discovery Limited
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06
Share code: DSY
ISIN: ZAE000022331
(“Discovery”)

DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY

In compliance with the Listing Requirements of the JSE Limited
the following information is disclosed:

Director                            :   Neville Koopowitz
Company                             :   Discovery Limited
Date of transaction                 :   17 September 2015
Nature of transaction               :   Entering into zero-cost collar
                                        options, off market
Class of securities                 :   Options over Discovery ordinary
                                        shares
Nature of interest                  :   Indirect beneficial
Clearance obtained                  :   Yes

Table of options:
Number of   Expiry      Duration    Reference   Put      Put      Call     Call
Options                             price       Strike   Value    Strike   Value
                                                (%)*              (%)*
200,000     16-Sep-17   24 months   137.64      75.00    103.23   145.60   200.40

*Percentage of spot reference price

Sandton
21 September 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 21/09/2015 01:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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