Discovery has received approval from the JSE in terms of its ZAR 10 000 000 000.00 Domestic Medium Term Note Programme. The Programme details are available for inspection at the Discovery office and can also be accessed here:

DMTN Programme – Memorandum

DMTN Programme – Guarantee

DMTN Programme – Applicable Pricing Supplement – DSY01

DMTN Programme – Applicable Pricing Supplement – DSY02

DMTN Programme – Applicable Pricing Supplement – DSY03

Notice of interim results

2017

 Notice of the Annual General Meeting and summarised consolidated financial statements for the year ended 30 June 2017.

 Form of proxy.

2016

 Notice and Proxy of Annual General Meeting and bridged Financial Statements for the year ended 30 June 2016.

Institution name	Contact name	Telephone	Email
UBS	Michael Christelis	+27 11 322 7320	michael.christelis@ubs.com
Deutsche Bank	Larissa van Deventer	+27 11 775 7049	larissa.van-deventer@db.com
Nedbank Securities	Grant Davids	+27 11 294 0613	GDavids@nedbank.co.za
Avior Capital Markets	Warwick Bam	+27 21 440 5561	warwick@avior.co.za
JP Morgan Cazenove	John Storey	+27 11 507 0783	john.s.storey@jpmorgan.com
Bernstein	Linda Sun-Mattison	+44 207 170 5051
Renaissance Capital	Francois du Toit	+27 11 750 1162	FDuToit@rencap.com

JSE SENS Announcements

View all announcements for Discovery

 24 February 2015 - Rights Issue Declaration Announcement

 10 March 2015 - Rights Issue Finalisation Announcement

 Rights Issue Circular 16 March 2015

 7 April 2015 - Results of the Rights Issue

On 15 August 2011, Discovery issued 8 000 000 non-cumulative, non-participating, non-convertible, voluntarily redeemable, no par value B Preference Shares at an issue price of R100 per share by way of private placement. The B preference shares were listed on the JSE Securities Exchange South Africa under the abbreviated short name “DSY B PREF” with alpha code “DSBP” in the “Specialist Securities”– Preference Share sector of the market.

Salient terms of the Discovery Perpetual Preference Share issue

Salient terms of Discovery Perpetual Preference Share issue (142 kb)

Note: Investors are advised to refer to the Circular attached below for the full terms of the Perpetual Preference Shares as the above is a summary.

Circular to Discovery shareholders

Discovery Circular 2011 (142 kb)

A historical view of preference dividends per share for the year ended 30 June:

Gross cash dividend (Cents per share)	2016	2015	2014	2013	2012
Preference share dividend March	480.06849	465.0	428.49315	431.23288	289.23
Preference share dividend September	514.24658	458.699	442.19178	421.50685	414.73973

ue.

 

Circular to Discovery shareholders

Note: The Circular has the full terms of the Perpetual Preference Shares.

Final dividends paid

The following final dividends were paid during the current period:

• B preference share dividend of 520.68493 cents per share (416.54794 cents net of dividend withholding tax), paid on
  18 September 2017.
• Ordinary share dividend of 98 cents per share (78.4 cents net of dividend withholding tax), paid on 9 October 2017.

Interim dividend declaration

B preference share cash dividend declaration:

On 15 February 2018, the directors declared an interim gross cash dividend of 518.15068 cents (414.52054 cents net of dividend withholding tax) per B preference share for period 1 July 2017 to 31 December 2017, payable from the income reserves of the Company. A dividend withholding tax of 20% will be applicable to all shareholders who are not exempt.

The issued preference share capital at the declaration date is 8 million B preference shares.

The salient dates for the dividend will be as follows:

Last day of trade to receive a dividend	Tuesday, 6 March 2018
Shares commence trading "ex" dividend	Wednesday, 7 March 2018
Record date	Friday, 9 March 2018
Payment date	Monday, 12 March 2018

 

B preference share certificates may not be dematerialised or rematerialised between Wednesday, 7 March 2018 and Friday, 9 March 2018, both days inclusive.

Ordinary share cash dividend declaration:

Notice is hereby given that the directors have declared an interim gross cash dividend of 101 cents (80.8 cents net of dividend withholding tax) per ordinary share, out of income reserves for the six-month period ended 31 December 2017. A dividend withholding tax of 20% will be applicable to all shareholders who are not exempt.

The issued ordinary share capital at the declaration date is 646 844 992 ordinary shares.

The salient dates for the dividend will be as follows:

Last day of trade to receive a dividend	Tuesday, 13 March 2018
Shares commence trading "ex" dividend	Wednesday, 14 March 2018
Record date	Friday, 16 March 2018
Payment date	Monday, 19 March 2018

 

Share certificates may not be dematerialised or rematerialised between Wednesday, 14 March 2018 and Friday, 16 March 2018, both days inclusive.

Discovery Holdings Ltd has completed the Group’s broad-based BEE verification for 2016. The Group regards BEE targets as the minimum and ensures that transformation and sustainability remain key components of the overall business strategy. View the BEE certificate and the Annexure to the BEE certificate here.

View the 2017 BEE compliance report here

Discovery complies with all regulations that govern our business

The Group shares all regulators' commitment to protecting the interests of South African people and, therefore, ensure we comply with regulations and support the vision of bringing about economic and social transformation.

Discovery is accountable to various regulators, including regulatory bodies in the United Kingdom and the United States.

UBS Financial Services Conference 19 October 2017

UBS Financial Services Conference 14 March 2016

UBS Financial Services Conference 16 October 2014