DISCOVERY LIMITED - DSY05 - Listing of New Financial Instrument in Terms of the DMTN Programme

DSY05 - Listing of New Financial Instrument in Terms of the DMTN Programme

Discovery Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1999/007789/06)
Legal Entity Identifier: 378900245A26169C8132
Company code: DSYI
Bond code: DSY05
ISIN: ZAG000164641
(“Discovery”)

LISTING OF NEW FINANCIAL INSTRUMENT IN TERMS OF THE DMTN PROGRAMME

The JSE Limited has granted Discovery approval for the listing of its Senior Unsecured Floating Rate Notes, in
terms of its Domestic Medium Term Note Programme (the “DMTN Programme”) dated 14 November 2017
and guaranteed by Discovery Health Proprietary Limited and Discovery Vitality Proprietary Limited, effective
28 July 2020.

Debt Security Code:                         DSY05
ISIN:                                       ZAG000164641
Type of Debt Security:                      Floating Rate Notes
Nominal Issued:                             ZAR 500 000 000.00
Issue Date:                                 28 July 2020
Issue Price:                                100%
Coupon Rate:                                3 Month JIBAR plus 205 bps
Interest Commencement Date:                 28 July 2020
Interest Determination Dates:               21 February, 21 May, 21 August and 21 November of each year
                                            until maturity, with the first interest determination date being 22
                                            July 2020
First Interest Payment Date:                21 November 2020
Interest Payment Dates:                     21 February, 21 May, 21 August and 21 November of each year
                                            until maturity
Last Day to Register:                       By 17h00 on 10 February, 10 May, 10 August and 10 November of
                                            each year until maturity
Books Close:                                11 February, 11 May, 11 August and 11 November of each year
                                            until maturity
Business Day Convention:                    Modified Following Business Day
Maturity Date:                              21 August 2023
Final Maturity Amount:                      The aggregate Outstanding Nominal Amount per Note plus
                                            accrued interest, if any, to Maturity Date
Other:                                      The pricing supplement does not contain additional terms and
                                            conditions or changes to the terms and conditions as contained in
                                            the DMTN Programme
Summary of Additional Terms:                Not Applicable

Programme Amount:                           ZAR 10 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 7 300 000 000.00, exclusive of this issuance of notes
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited


27 July 2020

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

Date: 27-07-2020 11:25:00
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