Try our mobile app
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
Bond company code: DSYI
("Discovery" or “the Company”)
Dealings in securities by directors and a prescribed officer of the Company, and directors of major
subsidiaries
In compliance with paragraphs 3.63 to 3.74 and paragraphs 6.42 to 6.53 of the JSE Limited (“JSE”)
Listings and Debt Listings Requirements, shareholders and noteholders are advised of the following
information relating to dealing in securities by directors and a prescribed officer of the Company,
and directors of major subsidiaries:
The vesting and sale transactions, where applicable, occurred in terms of various employee share
incentive plans. All sale transactions occurred on market following vesting and all deliveries of
awards occurred off-market.
Name of Director: A Gore
Company: Discovery Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting and sale of 71 604 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R9 821 205
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R9 691 601
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: A Ntsaluba
Major Subsidiary: Discovery Health (Pty) Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting and sale of 42 232 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R5 792 541
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R5 716 101
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: B Swartzberg
Company: Discovery Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting and sale of 22 902 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R3 141 238
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R3 099 786
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: D M Viljoen
Company: Discovery Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting of 50 846 shares. After settling
the income tax due, through the sale of 25 423
Discovery ordinary shares, this resulted in the
delivery of 25 423 Discovery ordinary shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R6 974 037
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R3 441 003
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: F Chothia
Major Subsidiary: Discovery Health (Pty) Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting of 8 338 shares. After settling
the income tax due, through the sale of 4 169
Discovery ordinary shares, this resulted in the
delivery of 4 169 Discovery ordinary shares.
Automatic vesting and sale of 9 999 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R2 515 103
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R1 917 639
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Prescribed officer: H D Kallner
Company: Discovery Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting and sale of 126 598 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R17 364 182
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R17 135 039
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: K S Rabson
Major Subsidiary: Discovery Life Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting and sale of 27 346 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R3 750 777
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R3 701 281
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: N Pitje
Major Subsidiary: Discovery Health (Pty) Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting of 14 589 shares. Income tax due
was paid by the employee, this resulted in the
delivery of 14 589 shares.
Automatic vesting and sale of 9 295 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R3 275 929
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R1 258 078
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: R Van Reenen
Major Subsidiary: Discovery Life Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting and sale of 21 878 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R3 000 786
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R2 961 187
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: R N Noach
Major Subsidiary: Discovery Health (Pty) Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting and sale of 42 993 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R5 896 920
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R5 819 103
Nature and Extent of Director’s Interest: Direct Beneficial
Name of Director: S A Cohen
Major Subsidiary: Discovery Life Limited
Date of Vesting: 30 September 2023
Class of Securities: Ordinary Shares
Nature of Transaction: Automatic vesting of 12 991 shares. After settling
the income tax due, through the sale of 6 495
Discovery ordinary shares, this resulted in the
delivery of 6 496 Discovery ordinary shares.
Automatic vesting and sale of 2 317 shares.
Vesting price per security: R137.16
Value of Vesting Transaction: R 2 099 645
Date of Sale: 2 to 4 October 2023
VWAP sale price per security: R135.35
(R136.21 High, R134.21 Low)
Value of Sale Transaction: R1 192 704
Nature and Extent of Director’s Interest: Direct Beneficial
The vesting date in respect of the various employee share incentive plans occurred on 30 September
2023.
The necessary clearances have been obtained as required in terms of paragraphs 3.66 and 6.45 of
the JSE Limited Listings and Debt Listings Requirements for all the transactions.
05 October 2023
Sandton
Sponsor and Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
