The 40% discount is in relation to 12 months of the monthly subscription.
E11 per month x 12 months = E132 for one year
1 annual subscription = E76 = 60% the cost of E132
You have a 30 day money-back guarantee you can use if you're not happy.
Diamond Membership plan
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The 40% discount is not deducted when you pay for Diamond Membership Plan