Investor relations

Discovery Group provides detailed information about financial and nonfinancial performance.

Get a comprehensive view of strategic priorities, results, how the Group performed, sustainability, and issues that are material to Discovery.

What you will find

Webcasts of Financial Results

Calendar for the year

The Discovery Limited financial year end is on 30 June.
The investor calendar shows the important dates for the year.

18 September 2017

Annual results presentation and Annual General Meeting announced

27 October 2017

Annual report published

29 November 2017

Annual General Meeting of Discovery Limited

21 February 2018

Interim financial results presentation

Discovery Ltd listing information

Country: South Africa

Country code: ZA

Registration number: 1999/007789/06

ISIN: ZAE000022331

Share code: DSY

Segment: Financial services

Market: Listed on Johannesburg Securities Exchange (JSE)

Reports

Integrated annual report and sustainable development report

Discovery’s Integrated Annual Report covers the operations of Discovery Limited, including Discovery Health, Discovery Vitality, Discovery Life, Discovery Invest, Discovery Insure, Vitality UK, and Vitality Group.

Announcements

View all announcements for Discovery

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

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
JP Morgan Cazenove Behrin Naidoo +27 11 507 0338 Behrin.naidoo@jpmorgan.com
Renaissance Capital Francois du Toit +27 11 750 1162 FDuToit@rencap.com
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.

The following interim dividends were paid during the 2017 financial year:

  • B preference share dividend of 529.31507 cents per share (423.45206 cents net of dividend withholding tax), paid on 13 March 2017.
  • Ordinary share dividend of 88 cents per share (70.4 cents net of dividend withholding tax), paid on 20 March 2017.

Final dividend declaration

B preference share cash dividend declaration:

On 24 August 2017, the directors declared a final gross cash dividend of 520.68493 cents (416.54794 cents net of dividend withholding tax) per B preference share for period 1 January 2017 to 30 June 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, 12 September 2017

Shares commence trading "ex" dividend

Wednesday, 13 September 2017

Record date

Friday, 15 September 2017

Payment date

Monday, 18 September 2017

 

B preference share certificates may not be dematerialised or rematerialised between Wednesday, 13 September 2017 and Friday, 15 September 2017, both days inclusive.

Ordinary share cash dividend declaration:

Notice is hereby given that the directors have declared a final gross cash dividend of 98 cents (78.4 cents net of dividend withholding tax) per ordinary share, out of income reserves for the year ended 30 June 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, 3 October 2017

Shares commence trading "ex" dividend

Wednesday, 4 October 2017

Record date

Friday, 6 October 2017

Payment date

Monday, 9 October 2017

 

Share certificates may not be dematerialised or rematerialised between Wednesday, 4 October 2017 and Friday, 6 October 2017, 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.

Investor questions

If you have any questions about Discovery Limited, please get in touch with us.

Secretary and registered office

Mr MJ Botha

155 West Street
Sandton
2146

PO Box 786722
Sandton
2146

Telephone 011 529 2888
Fax 011 539 2958

Chief Financial Officer
email
AskTheCFO@discovery.co.za

Auditors

PricewaterhouseCoopers Inc.

Statutory valuator

A Rayner

Transfer secretaries

Computershare Investor Services (Pty) Limited
(Registration number 2004/003647/07)
Ground Floor
70 Marshall Street
Johannesburg
2001

PO Box 61051
Marshalltown
2017

Sponsors

(In terms of JSE Limited Listings Requirements)
RMB Corporate Finance
1 Merchant Place
Cnr Fredman Drive and Rivonia Road
Sandton
2196

Investor and analyst meetings

Nicola Wisbey (PA to Chief Financial Officer)

Email: Nicolaw@discovery.co.za

PR enquiries

Email:  media_relations_team@discovery.co.za

Discovery Limited

(Incorporated in the Republic of South Africa) (Registration number 1999/007789/06)
JSE share code: DSY ISIN: ZAE000022331