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DSY - Discovery Holdings Limited - Dealings in securities by a director

Release Date: 03/06/2011 17:45
Code(s): DSY
Wrap Text

DSY - Discovery Holdings Limited - Dealings in securities by a director DISCOVERY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1999/007789/06) ISIN: ZAE000022331 Share Code: DSY ("Discovery") DEALINGS IN SECURITIES BY A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Adrian Gore Company : Discovery Holdings Limited Date of transaction : 01 June 2011 Nature of transaction : On market sale of securities Number of securities : 830 821 Class of securities : Ordinary shares Price : R38.8809 Total value of transaction : R32 303 068.08 Nature of interest : Direct beneficial Date of transaction : 02 June 2011 Nature of transaction : On market sale of securities Number of securities : 320 000 Class of securities : Ordinary shares Price : R38.6346 Total value of transaction : R12 363 072.00 Nature of interest : Indirect beneficial Date of transaction : 03 June 2011 Nature of transaction : On market sale of securities Number of securities : 200 000 Class of securities : Ordinary shares Price : R38.4523 Total value of transaction : R7 690 460 Nature of interest : Indirect beneficial Clearance obtained : Yes Mr. Adrian Gore disposed of 1,350,821 ordinary shares in Discovery Holdings Ltd from his personal holding. Director : Adrian Gore Company : Discovery Holdings Limited Date of transaction : 02 June 2011 Nature of transaction : Off market donation Number of securities : 155 304 Class of securities : Ordinary shares Price : R38.6346 Total value of transaction : R6 000 107.92 Nature of interest : Direct beneficial Clearance obtained : Yes Mr. Adrian Gore donated 155 304 ordinary shares in Discovery Holdings Ltd from his personal holdings to members of his family. The shares subject to the sale and donation amount to 2.7% of Mr. Gore`s shareholding in Discovery. Following the sale and donation, Mr. Gore continues to hold 53.8m shares in Discovery, representing 9.1% of its total outstanding shares in issue. Sandton 3 June 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 03/06/2011 17:45:02 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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