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DISCOVERY LIMITED - Disclosure of dealing in securities by a director

Release Date: 10/04/2014 09:05
Code(s): DSY     PDF:  
Wrap Text
Disclosure of dealing in securities by a director

DISCOVERY 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 A 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         (R)              (R)
9 April 2014      8 635          89.2787          R770 921.57



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

Sandton
10 April 2014

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

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