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DSY - Discovery - Disclosure of dealing in securities by director

Release Date: 08/04/2008 12:53
Code(s): DSY
Wrap Text

DSY - Discovery - Disclosure of dealing in securities by director DISCOVERY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1999/007789/06) ISIN: ZAE000022331 Share Code: DSY ("Discovery") Shareholders are referred to the Circular to Shareholders, dated 15 November 2005, relating to the Black Economic Empowerment ("BEE") transaction. In terms of the BEE agreement, the BEE parties are required to utilise all distributions to acquire additional Discovery shares in the market. Shareholders are accordingly advised of the following purchase of Discovery ordinary shares by one of Discovery`s directors, Dr. TV Maphai, through his investment vehicle, Elderberry Investments 71 (Proprietary) Limited, which forms part of Discovery`s BEE partners: Date of Number of Purchase price Transaction value transaction shares (R) (R) 7 April 2008 8 800 26.67 234 696.00 Nature of interest : Indirect beneficial Clearance obtained : Yes Sandton 8 April 2008 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08/04/2008 12:53:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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