Just months after a group of executives at Discovery Limited, including South African businessman Adrian Gore, sold roughly R100 million 5.3 million in shares , Gore has moved again, this time selling R50.3 million 3 million worth of Discovery stock in early December.
Adrian Gore, who rarely sells shares, executed two transactions involving part of his holdings. The reasons were not disclosed. The transaction appears linked to a hedge covering a portion of his stake. Such moves may reflect hedging, portfolio adjustments, or tax planning.
Hedge secured through December 2031
