DISCOVERY LIMITED - Dealing in securities by a director

2017-04-21 10:36:00

DSY 201704210016A
Dealing in securities by a director

DISCOVERY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
JSE share code: DSY ISIN: ZAE000022331
(“Discovery”)

DEALING IN SECURITIES BY A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the following information is disclosed.

Director                                   :    Sonja De Bruyn Sebotsa
Company                                    :    Discovery Limited
Nature of transaction                      :    On market entering into zero-cost collar options
Class of securities                        :    Options over Discovery ordinary shares
Date of transaction                        :    13 April 2017
Number of securities                       :    64,000
Nature of interest                         :    Direct beneficial
Clearance obtained                         :    Yes

Number of      Expiry          Duration         Reference       Put Strike   Put       Call Strike   Call
Options                                         price           (%)*         Value     (%)*          Value
64,000         12-Apr-19       24 months        130.80          75           98.10     150           196.20


*Percentage of spot reference price


Johannesburg
21 April 2017

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

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