17 May - 2 min read

Disclosure of significant holding of Discovery ordinary shares

Disclosure of significant holding of Discovery ordinary shares

(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
Legal Entity Identifier: 378900245A26169C8132
DSY ISIN: ZAE000022331
("Discovery" or "the Company")


In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 as amended ("the Companies
Act"), regulation 121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited
Listings Requirements, shareholders are advised that the Public Investment Corporation SOC Limited (“the
PIC”) has notified the Company that accounts under its management have increased its holding in the
Company such that the PIC now holds 10.103% of the issued ordinary shares in the Company.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice
with the Takeover Regulation Panel.

The board of directors of Discovery accepts responsibility for the information contained in this announcement
as it relates to the Company and confirms that, to the best of its knowledge and belief, such information
relating to Discovery is true and that this announcement does not omit anything likely to affect the importance
of such information.

17 May 2021

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 17-05-2021 09:15:00
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