Enhanced Investments - Financial Portal

Change in sponsors

Published: 2025-01-27 09:33:27 ET

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


CHANGE IN SPONSORS


Shareholders and noteholders are advised that Discovery has appointed Nedbank Limited (acting through its Nedbank
Corporate and Investment Banking division) as its JSE Limited (“JSE”) Equity and Debt Sponsor to the Company, with effect
from 1 February 2025.
Rand Merchant Bank, a division of FirstRand Bank Limited (“RMB”), resigned as Debt Sponsor to Discovery pursuant to its
decision to wind down its regulatory debt sponsor business. Consequently, Discovery has decided to appoint a single
provider for both debt and equity sponsor services.
RMB, the Company’s current JSE Equity and Debt Sponsor, will continue to act in this capacity until 31 January 2025.
The Company wishes to thank RMB for its services over the years.
By order of the Board.
Sandton


27 January 2025
Equity Sponsor:
Rand Merchant Bank (a division of FirstRand Bank Limited)


Debt Sponsor:
FirstRand Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.