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DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTORS

Release Date: 31/08/2004 10:45
Code(s): DSY
Wrap Text

DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTORS DISCOVERY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number : 1999/007789/06) ISIN : ZAE000022331 Share Code : DSY With reference to the announcement made earlier regarding the preference shares issued by Discovery Life Limited, and in compliance with the JSE Securities Exchange South Africa Listings Requirements, the following information is disclosed: Director : Mr. H P Mayers Class of security : Ordinary shares Nature of transaction : Redemption of preference shares and purchase of Discovery ordinary shares with the proceeds Number of shares : 2 156 833 Date of transaction : 31 August 2004 Purchase price : R12.57 per share Total value of transaction : R27 111 390.81 Nature and extent of director"s interest : Indirect beneficial Clearance given : Yes Director : Mr. J M Robertson Class of security : Ordinary shares Nature of transaction : Redemption of preference shares and purchase of Discovery ordinary shares with the proceeds Number of shares : 86 273 Date of transaction : 31 August 2004 Purchase price : R12.57 per share Total value of transaction : R1 084 451.61 Nature and extent of director"s interest : Direct beneficial Clearance given : Yes Director : Mr. N S Koopowitz Class of security : Ordinary shares Nature of transaction : Redemption of preference shares and purchase of Discovery ordinary shares with the proceeds
Number of shares : 503 261 Date of transaction : 31 August 2004 Purchase price : R12.57 per share Total value of transaction : R6 325 990.77 Nature and extent of director"s interest : Indirect beneficial Clearance given : Yes Sandton 31 August 2004 Merchant Bank and Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) CORPORATE FINANCE Date: 31/08/2004 10:45:04 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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