Discovery Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:D3H Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Dec 24	Sell€6,300,660	Barry Swartzberg	Individual	600,000	€10.55
06 Dec 24	Sell€8,163,310	Barry Swartzberg	Individual	800,000	€10.35
05 Dec 24	Sell€5,508,961	Adrian Gore	Individual	538,796	€10.22
03 Dec 24	Sell€7,177,264	Adrian Gore	Individual	708,121	€10.17
02 Dec 24	Sell€8,121,523	Barry Swartzberg	Individual	800,000	€10.24
26 Nov 24	Sell€8,245,797	Barry Swartzberg	Individual	800,000	€10.36
26 Nov 24	Sell€5,313,863	Adrian Gore	Individual	515,720	€10.36
20 Nov 24	Sell€254,968	Neville Koopowitz	Individual	25,000	€10.20
19 Nov 24	Sell€5,756,191	Adrian Gore	Individual	576,987	€10.05
10 Oct 24	Sell€675,274	Neville Koopowitz	Individual	75,000	€9.00
25 Sep 24	Sell€22,531	Richard Farber	Individual	2,500	€9.01
28 May 24	Sell€1,478,598	Adrian Gore	Individual	250,000	€5.91

Insider Trading Volume

Insider Buying: D3H insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of D3H?
Owner Type	Number of Shares	Ownership Percentage
VC/PE Firms	51,254,365	7.75%
Individual Insiders	108,820,814	16.5%
General Public	204,636,485	31%
Institutions	296,309,483	44.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 64.07% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.2%	Public Investment Corporation Limited	87,450,306	€873.3m	0%	1.61%
12.8%	Adrian Gore	84,677,974	€845.7m	-2.76%	no data
7.75%	Remgro Limited	51,254,365	€511.9m	0%	19.32%
5.1%	Capital Research and Management Company	33,693,671	€336.5m	2.25%	0.02%
4.94%	Baillie Gifford & Co.	32,657,811	€326.1m	0%	0.15%
3.45%	Barry Swartzberg	22,781,576	€227.5m	-11.7%	no data
3.18%	The Vanguard Group, Inc.	21,034,705	€210.1m	0.37%	no data
3.17%	RBC Global Asset Management Inc.	20,981,570	€209.5m	0.21%	0.14%
2.06%	BlackRock, Inc.	13,643,013	€136.2m	1.43%	no data
1.37%	Ninety One UK Limited	9,023,112	€90.1m	34.9%	0.14%
0.93%	Franklin Resources, Inc.	6,135,996	€61.3m	0.01%	0.02%
0.93%	Nikko Asset Management Co., Ltd.	6,129,725	€61.2m	0%	0.02%
0.73%	Comgest S.A.	4,792,839	€47.9m	-7.71%	0.22%
0.69%	Sanlam Investment Management (Pty) Ltd.	4,530,393	€45.2m	22.9%	0.61%
0.59%	Dimensional Fund Advisors LP	3,909,397	€39.0m	0.34%	0.01%
0.51%	ARK Investment Management LLC	3,359,096	€33.5m	0%	0.25%
0.45%	Old Mutual Investment Group South Africa (Pty) Limited	2,955,869	€29.5m	13.7%	0.49%
0.38%	Geode Capital Management, LLC	2,494,039	€24.9m	-1.51%	no data
0.31%	Norges Bank Investment Management	2,050,635	€20.5m	0%	no data
0.31%	LGPS Central Limited	2,023,680	€20.2m	0%	0.13%
0.28%	Truffle Asset Management	1,878,720	€18.8m	150%	1.13%
0.26%	UBS Asset Management AG	1,736,273	€17.3m	38.5%	no data
0.24%	36one Asset Management (Pty) Ltd.	1,575,627	€15.7m	192%	1.58%
0.22%	Harding Loevner LP	1,460,080	€14.6m	-2.13%	0.05%
0.2%	Wellington Management Group LLP	1,296,071	€12.9m	0.6%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 18:51
End of Day Share Price	2024/12/30 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Discovery Limited is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Adrienne Damant	Avior Capital Markets
Robert Rice	Barclays
Marius Strydom	BofA Global Research