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DISCOVERY HOLDINGS LIMITED - Disclosure of dealing in securities by director

Release Date: 17/09/2012 13:41
Code(s): DSY     PDF:  
Wrap Text
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”)

DISCLOSURE OF DEALING IN SECURITIES BY DIRECTOR

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         (Cents)          (R)
14 September 2012   11 200         5534.03          619 811.36


Nature of transaction      :     On market purchase of securities
Nature of interest         :     Indirect beneficial
Clearance obtained         :     Yes

Sandton
17 September 2012

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

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