DISCOVERY LIMITED - DSY02 and DSY04 - Listing of Tap Issues in terms Of DMTN Programme

DSY02 and DSY04 - Listing of Tap Issues in terms Of DMTN Programme

Discovery Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1999/007789/06)
Legal Entity Identifier: 378900245A26169C8132
Company code: DSYI
Bond code: DSY02        ISIN: ZAG000148347
Bond code: DSY04        ISIN: ZAG000153271
(“Discovery”)

LISTING OF TAP ISSUES IN TERMS OF DMTN PROGRAMME

The JSE Limited has granted Discovery authorisation for the additional listing of its senior unsecured Floating
Rate Notes, in terms of its Domestic Medium Term Note Programme (“the Programme”) dated 14 November
2017and guaranteed by Discovery Health Proprietary Limited and Discovery Vitality Proprietary Limited,
effective 26 November 2019.


Debt Security Code:                        DSY02
ISIN:                                      ZAG000148347
Nominal Before Issue:                      ZAR 800 000 000.00
Nominal Issued:                            ZAR 1 200 000 000.00
Nominal After Issue:                       ZAR 2 000 000 000.00
Issue Price:                               101.57431 %
Coupon Rate:                               3 Month JIBAR plus 191 basis points
Maturity Date:                             21 November 2024

Debt Security Code:                         DSY04
ISIN:                                       ZAG000153271
Nominal Before Issue:                       ZAR 700 000 000.00
Nominal Issued:                             ZAR 300 000 000.00
Nominal After Issue:                        ZAR 1 000 000 000.00
Issue Price:                                100,36968 %
Coupon Rate:                                3 Month JIBAR plus 180 basis points
Maturity Date:                              21 November 2026

Type of Debt Security:                      Floating Rate Notes
Issue Date:                                 26 November 2019
Interest Commencement Date:                 21 November 2019
Interest Determination Dates(s):            21 February, 21 May, 21 August and 21 November of each year
                                            until maturity, with the first interest determination date being 21
                                            November 2019
First Interest Payment Date:                21 February 2020
Interest Payment Date(s):                   21 February, 21 May, 21 August and 21 November of each year
                                            until maturity
Last Day to Register:                       By 17h00 on 10 February, 10 May, 10 August and 10 November of
                                            each year until maturity
Books Close:                                11 February, 11 May, 11 August and 11 November of each year
                                            until maturity
Business Day Convention:                    Modified Following Business Day
Final Maturity Amount:                      100% of the aggregate Nominal Amount
Other:                                  The pricing supplement does not contain additional terms and
                                        conditions or changes to the terms and conditions as contained in
                                        the Programme
Summary of Additional Terms:            Not Applicable

Programme Amount:                       ZAR 10 000 000 000.00
Total Notes in Issue Under Programme:   ZAR 2 200 000 000.00, exclusive of this issuance of notes
Dealer:                                 FirstRand Bank Limited, acting through its Rand Merchant Bank
                                        division


Sandton

25 November 2019

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

Date: 25-11-2019 05:15:00
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