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DISCOVERY LIMITED - Final ordinary share dividend declaration

Release Date: 03/09/2019 09:03
Code(s): DSY DSY03 DSY01 DSY02 DSY04 DSBP     PDF:  
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Final ordinary share dividend declaration

DISCOVERY LIMITED                                                                                                   
(Incorporated in the Republic of South Africa)                                   
(Registration number: 1999/007789/06)                                            
JSE share code: DSY, DSYBP 
DSY ISIN: ZAE000022331 
DSBP ISIN: ZAE000158564 
JSE bond code: DSYI 
                                                           
("Discovery" or "the Company” or “the Group”)                                                   
 
FINAL ORDINARY SHARE DIVIDEND DECLARATION 
 
In accordance with paragraph 3.11 of the JSE Limited Listings Requirements, distribution payments approved by an issuer 
are required to be announced immediately.  Accordingly, notice is hereby given that the board has declared a final gross 
cash dividend of 114 cents (91.2 cents net of dividend withholding tax) per ordinary share, out of income reserves for the 
year ended 30 June 2019 (current financial year).  A dividend withholding tax of 20% will be applicable to all shareholders 
who are not exempt.  
 
This dividend is equal to the final dividend declared in respect of the previous financial year and is consistent with the 
approach followed for the interim dividend in respect of the current financial year.  It reflects a balance between the 
growth reported by our established and emerging businesses whilst recognising the planned increased investment in new 
strategic initiatives.   
 
The number of ordinary shares in issue at the date of declaration is 658 290 736 ordinary shares. 
  
The salient dates for the dividend will be as follows: 
  
   Last day of trade to receive a dividend                             Tuesday, 1 October 2019
   Shares commence trading "ex" dividend                             Wednesday, 2 October 2019
   Record date                                                          Friday, 4 October 2019
   Payment date                                                         Monday, 7 October 2019
  
Share certificates may not be dematerialised or rematerialised between Wednesday, 2 October 2019 and Friday, 4 October 
2019, both days inclusive. 
 
Discovery’s results for the year ended 30 June 2019 are currently being finalised and are due to be released on SENS on 4 
September 2019. 
 
 Sandton                                                                          
3 September 2019 
Sponsor       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)  




                                                                                                                      

Date: 03/09/2019 09:03:00
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