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DISCOVERY LIMITED - Termination of pledge arrangement by a director

Release Date: 30/01/2025 16:36
Code(s): DSY DSBP DSY09 DSY08 DSY06 DSY07 DSY04     PDF:  
Wrap Text
Termination of pledge arrangement by a director

DISCOVERY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
Legal Entity Identifier: 378900245A26169C8132
JSE share code: DSY, DSBP
DSY ISIN: ZAE000022331
DSBP ISIN: ZAE000158564
JSE bond company code: DSYI
("Discovery")

TERMINATION OF PLEDGE ARRANGEMENT BY A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited ("JSE") Listings Requirements ("Listing
Requirements") and paragraphs 6.45 to 6.56 of the JSE Debt and Specialist Securities Listings
Requirements, the following information is disclosed.


 Name of director                                   :   Barry Swartzberg
 Company                                            :   Discovery Limited
 Nature of transaction                              :   Termination of a security pledge arrangement
 Date of termination of pledge                      :   29 January 2025
 arrangement
 Number of securities released from                 :   5 500 000 shares
 pledge
 Market value of securities released                :   R 992,860,000.00
 from pledge*
 Class of securities                                :   Ordinary shares
 Nature of interest                                 :   Indirect beneficial

*based on Discovery's share price of R 180.52 as at 29 January 2025

Sandton
30 January 2025

Equity Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Debt Sponsor
FirstRand Bank Limited

Date: 30-01-2025 04:36:00
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