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08-Dec-2017
(Official Notice)
Shareholders are advised that the company?s Annual Integrated Report for the year ended 30 September 2017 will be available on the company?s website (www.netcare.co.za) from Friday, 8 December 2017. The Notice of Annual General Meeting, incorporating summarised Annual Financial Statements for the year ended 30 September 2017, has been distributed to shareholders today, Friday, 8 December 2017.



No Change Statement

Netcare?s summarised audited group results for the year ended 30 September 2017 (including the nature of the company?s external auditor?s report), released on the Stock Exchange News Service on Monday, 20 November 2017, is unchanged and therefore the company is not publishing an abridged report. The company`s auditors, Grant Thornton, Johannesburg, have audited the 2017 Annual Financial Statements for the company and the Group and their unqualified report is available for inspection at the company`s registered office.



Notice of Annual General Meeting

Notice is hereby given that the 21st Annual General Meeting of shareholders of the company will be held on Friday, 2 February 2018 at 10h00 in the Auditorium, Ground Floor, 76 Maude Street, (corner West Street), Sandton, 2196, to transact the business as stated in the Notice of Annual General Meeting forming part of the 2017 Integrated Annual Report.



For purposes of Section 59(1) (a) of the Companies Act 71 of 2008 (as amended), the record date for shareholders:

* to be entitled to receive the Notice of Annual General Meeting is Friday, 1 December 2017; and

* to be recorded as such in the register maintained by the transfer secretaries of the company for the purposes of being entitled to participate in and vote at the Annual General Meeting is Friday, 26 January 2018 (?voting record date?). The last day to trade in the company?s shares in order to be recorded as a shareholder by the voting record date is Tuesday, 23 January 2018.



BEE Act Annual Compliance Certificate

The company?s annual compliance report, prepared in terms of section 13G(2) of the B-BBEE Amendment Act 46 of 2013, has been published and is available on the company?s website (www.netcare.co.za)
20-Nov-2017
(C)
15-Nov-2017
(Official Notice)
14-Nov-2017
(Official Notice)
02-Oct-2017
(Official Notice)
On Monday, 02 October 2017 Netcare declared a preference dividend (Number 23) of 430.24315 cents (gross) per preference share for the period from 1 April 2017 to 30 September 2017, payable on Monday, 30 October 2017 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 27 October 2017. The preference dividend has been declared out of income reserves.



In compliance with the requirements of Strate, the following dates are applicable:

* Last date to trade ?cum? the preference dividend (?LDT?) : Tuesday, 24 October 2017

* Date trading commences ?ex? the preference dividend : Wednesday, 25 October 2017

* Record date : Friday, 27 October 2017

* Date of payment : Monday, 30 October 2017



Preference share certificates may not be dematerialised nor rematerialised between Wednesday, 25 October 2017 and Friday, 27 October 2017, both dates inclusive.
28-Sep-2017
(Official Notice)
27-Jul-2017
(Official Notice)
The Board of Directors, Netcare announced that Mrs Jill Watts (Mrs Watts) will be resigning as a Director of the Board and as Chief Executive of BMI Healthcare with effect from 30 September 2017.



Dr Karin Prins (Dr Prins) will be taking over as BMI Healthcare?s Chief Executive from 1 October 2017.
15-May-2017
(C)
09-May-2017
(Official Notice)
Netcare will be releasing its unaudited interim Group results for the six months ended 31 March 2017 on Monday, 15 May 2017. These results include the benefit of two sizeable, non-trading items, being:

*A capital profit on the sale of the land and buildings of the old Netcare Christiaan Barnard Memorial Hospital (?CBMH capital profit?); and

*A non-cash, fair value accounting credit on the mark-to-market valuation of Retail Price Index swap instruments related to property leases of the United Kingdom operations (?UK RPI swap valuation?).



As a result of the CBMH capital profit and the UK RPI swap valuation benefit, Earnings and Earnings Per Share (?EPS?) for the six months ended 31 March 2017 are anticipated to be between 28.0% and 32.0% higher (R351 million and R401 million and 26.0 cents and 29.7 cents, respectively) than those for the previous comparable period (?H1 2016?) of R1 253 million and 92.7 cents, respectively.



The CBMH capital profit is not included in Headline Earnings. However, as a result of the UK RPI swap valuation benefit, Headline Earnings and Headline Earnings Per Share (?HEPS?) for the six months ended 31 March 2017 are anticipated to be between 17.0% and 21.0% higher (R208 million and R256 million and 15.4 cents and 19.0 cents, respectively) than those for H1 2016 of R1 221 million and 90.3 cents, respectively.



In addition to the mandatory EPS and HEPS metrics, Netcare also publishes an ?adjusted HEPS? figure, which excludes both the CBMH capital profit and the UK RPI swap valuation benefit. In line with Netcare?s previous guidance of 30 March 2017, Adjusted Headline Earnings and Adjusted HEPS are anticipated to be between 9.0% and 13.0% lower (R111 million and R160 million and 8.2 cents and 11.8 cents, respectively) than those for H1 2016 of R1 230 million and 91.0 cents, respectively. The information provided in this trading statement has not been reviewed or reported on by Netcare?s external auditors.
03-Apr-2017
(Official Notice)
Notice is hereby given that on Monday, 3 April 2017, Netcare declared a preference dividend (Number 22) of 431.93836 cents (gross) per preference share for the period from 1 October 2016 to 31 March 2017, payable on Monday, 15 May 2017 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 12 May 2017. The preference dividend has been declared out of income reserves.



In compliance with the requirements of Strate, the following dates are applicable:

* Last date to trade ?cum? the preference dividend (?LDT?) : Tuesday, 9 May 2017

* Date trading commences ?ex? the preference dividend : Wednesday, 10 May 2017

* Record date : Friday, 12 May 2017

* Date of payment : Monday, 15 May 2017
30-Mar-2017
(Official Notice)
03-Feb-2017
(Official Notice)
Netcare shareholders are advised that at the annual general meeting of shareholders of the Company held on Friday, 3 February 2017 (?Annual General Meeting?), save for the withdrawal of ordinary resolution 4 general authority to issue shares for cash, all the ordinary and special resolutions, as set out in the 2016 Notice of Annual General Meeting, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.



The total number of shares voted in person or by proxy at the Annual General Meeting was 1 063 834 591 shares, representing 72.75% of Netcare?s issued share capital of 1 462 309 779 ordinary shares as at Friday, 27 January 2017, being the Voting Record Date.

15-Dec-2016
(Official Notice)
Further to Netcare?s audited group results for the year ended 30 September 2016, released on the Stock Exchange News Service on Monday, 21 November 2016, shareholders are advised that the Netcare 2016 annual integrated report (?Annual Integrated Report?) is available on the Company?s website, www.netcare.co.za. The notice of Annual General Meeting, which forms part of the Annual Integrated Report, was distributed to shareholders on 15 December 2016. The Annual Integrated Report contains no changes to the aforementioned published annual results which includes the external auditors?, Grant Thornton Johannesburg, unqualified audit opinion on the consolidated financial statements.



Notice of Annual General Meeting

The Annual General Meeting of the shareholders of Netcare will be held at 10:00 on Friday, 3 February 2017 in the Auditorium, Ground Floor, 76 Maude Street, Sandton, 2196 to transact the business as stated in the notice of the Annual General Meeting which was distributed on 15 December 2016.
21-Nov-2016
(C)
15-Nov-2016
(Official Notice)
11-Nov-2016
(Official Notice)
Shareholders are advised that the agreements Netcare and Clicks Group Ltd. ("Clicks") entered into on 8 June 2016 to outsource their 37 retail pharmacies in the Medicross family medical and dental centres (?Medicross?) and the hospital retail front shop operations (?front shops?) of the Netcare Hospital division to Clicks (?the Transaction?) has been approved by the Competition Commission.



Clicks will in due course assume control of all Medicross pharmacies and 45 front shops of the Netcare Hospital division. The agreement excludes the dispensing of prescriptions in the Netcare Hospital pharmacies which remain within Netcare?s hospital operations.



The parties wish to confirm that employees involved in these areas of the business will be transferred to Clicks on terms similar to their current conditions of employment and any other employees indirectly affected will remain employed by Netcare on their current conditions of employment. The rationale for the transaction is to offer an enhanced retail service offering to both patients and consumers by affiliating the pharmacy and the front shops to an experienced retail provider such as Clicks.



As previously mentioned we wish to reiterate that the transaction is non-categorised in terms of the JSE Listings Requirements for Netcare and Clicks and will have no material impact on the earnings and financial positions of either Netcare or Clicks. Shareholders are referred to the joint media statement on the websites of both Clicks (www.clicksgroup.co.za) and Netcare (www.netcare.co.za).
21-Oct-2016
(Official Notice)
Further to the announcement on 27 September 2016, Netcare can confirm that its UK subsidiary, BMI Healthcare, is engaged in discussions to refinance its existing senior debt facilities. The refinancing is being pursued in contemplation of and in connection with the proposed rent reduction agreement which may be entered into with its major external landlord (?PropCo?) in respect of the 35 hospitals leased by BMI Healthcare.



The refinancing is expected to consist of:

(1) a senior term loan facility of up to GBP285 million;

(2) a revolving credit facility of up to GBP75 million;

(3) a second lien facility of GBP66 million.



Both the rent reduction transaction and the refinancing are subject to various approvals including internal and third party approvals.
03-Oct-2016
(Official Notice)
Notice is hereby given that on Monday, 03 October 2016, Netcare declared a preference dividend (Number 21) of 434.31164 cents (gross) per preference share for the period from 1 April 2016 to 30 September 2016, payable on Monday, 31 October 2016 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 28 October 2016. The preference dividend has been declared out of income reserves.



* Last date to trade ?cum? the preference dividend (?LDT?) : Tuesday, 25 October 2016

* Date trading commences ?ex? the preference dividend : Wednesday, 26 October 2016

* Record date : Friday, 28 October 2016

* Date of payment : Monday, 31 October 2016
27-Sep-2016
(Official Notice)
08-Jun-2016
(Official Notice)
Shareholders are advised that Netcare has entered into a long-term agreement to outsource their 37 retail pharmacies in the Medicross family medical and dental centres (?Medicross?) and the 51 hospital retail front shop operations (?front shops?) of the Netcare Hospital division to Clicks Group Ltd. ("Clicks") (?the Transaction?). In terms of the agreement, Clicks will assume control of all Medicross pharmacies and the front shops of the Netcare Hospital division. The agreement excludes the dispensing of prescriptions in the Netcare Hospital pharmacies which remain within Netcare?s hospital operations.



Specific employees involved in these areas of the business will be transferred to Clicks on terms similar to their current conditions of employment and any other employees indirectly affected will remain employed by Netcare on their current conditions of employment. The rationale for the Transaction is to offer an enhanced retail service offering to both patients and consumers by affiliating the pharmacy and the front shops to an experienced retail provider such as Clicks.



The implementation date of the Transaction is expected to be 1 October 2016, subject to various conditions precedent and regulatory approvals, including Competition Commission approval. The Transaction is a non-categorised transaction in terms of the JSE Listings Requirements for Netcare and Clicks and will have no material impact on the earnings and financial positions of either Netcare or Clicks.



Shareholders are referred to the joint media statement on the websites of both Clicks (www.clicksgroup.co.za) and Netcare (www.netcare.co.za).
16-May-2016
(C)
01-Apr-2016
(Official Notice)
Notice is hereby given that on Friday, 01 April 2016, Netcare declared a preference dividend (Number 20) of 408.37500 cents (gross) per preference share for the period from 1 October 2015 to 31 March 2016, payable on Monday, 16 May 2016 to holders of the preference shares recorded in the books of the company at close of business on Friday, 13 May 2016. The preference dividend has been declared out of income reserves.



*Last date to trade ?cum? the preference dividend (?LDT?) : Friday, 06 May 2016

*Date trading commences ?ex? the preference dividend : Monday, 09 May 2016

*Record date : Friday, 13 May 2016

*Date of payment : Monday, 16 May 2016



Preference share certificates may not be dematerialised nor rematerialised between Monday, 09 May 2016 and Friday, 13 May 2016, both dates inclusive.

In terms of the Dividends Tax, the following additional information is disclosed:

*The local Dividend Tax rate is 15%;

*The net local dividend amount is 347.11875 cents per preference share for shareholders liable to pay the Dividends Tax and 408.37500 cents per preference share for shareholders exempt from paying the Dividends Tax;

*The issued preference share capital of Netcare is 6 500 000 preference shares as at the date of declaration; and

*Netcare?s tax reference number is 9999/581/71/4.



05-Feb-2016
(Official Notice)
The shareholders of Netcare (?Shareholders?) are advised that at the annual general meeting of shareholders (?Annual General Meeting?) held on Friday, 5 February 2016, in terms of the notice of annual general meeting distributed to shareholders on Friday, 18 December 2015, all of the resolutions tabled were passed by the requisite majority of votes cast by shareholders present in person or represented by proxy.



The total number of shares voted in person or by proxy at the annual general meeting was 1 018 854 295 shares, representing 69.71% of Netcare?s issued share capital of 1 461 509 779 ordinary shares as at Friday, 29 January 2016, being the Voting Record Date.



18-Dec-2015
(Official Notice)
Further to Netcare?s audited group results for the year ended 30 September 2015, released on the Stock Exchange News Service on Monday, 23 November 2015, shareholders are advised that the Netcare 2015 annual integrated report (?Annual Integrated Report?) is available on the Company?s website, www.netcare.co.za. The notice of Annual General Meeting, which forms part of the Annual Integrated Report, has been distributed to shareholders today.



The Annual Integrated Report contains no changes to the aforementioned published annual results.



The Annual General Meeting of the shareholders of Netcare will be held at 10:00 on Friday, 5 February 2016 in the Auditorium, Ground Floor, 76 Maude Street, Sandton, 2196 to transact the business as stated in the notice of the Annual General Meeting which was distributed today.



The directors of Netcare have determined that the record date for the purposes of (i) determining which shareholders of the Company are entitled to receive the notice of Annual General Meeting is Friday, 11 December 2015; and (ii) the Annual General Meeting, being the date on which a shareholder must be registered in the Company?s share register in order to participate in and vote at the Annual General Meeting is Friday, 29 January 2016. The last day to trade in order to participate in and vote at the Annual General Meeting is Friday, 22 January 2016.
24-Nov-2015
(Media Comment)
Business Report highlighted that Netcare is seeking international acquisitions as full year earnings have risen on the addition of new beds in its South African operations. Netcare is benefiting from increasing demand for private health care in South Africa and the UK as high earners switch from state owned providers. The company added 584 new beds in its home market during the 12 months to September 2015, brining the total to 9996. Netcare plans to invest R2 billion rand in 2016, which will cover 44 more new beds this financial year.
23-Nov-2015
(C)
01-Oct-2015
(Official Notice)
Notice was given that on Thursday, 1 October 2015, Netcare declared a preference dividend (Number 19) of 386.50685 cents (gross) per preference share for the period from 1 April 2015 to 30 September 2015 payable on Monday, 2 November 2015 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 30 October 2015. The preference dividend has been declared out of income reserves.



Salient dates

* Last date to trade ?cum? the preference dividend (?LDT?) : Friday, 23 October 2015

* Date trading commences ?ex? the preference dividend : Monday, 26 October 2015

* Record date : Friday, 30 October 2015

* Date of payment : Monday, 2 November 2015



Preference share certificates may not be dematerialised nor rematerialised between Monday, 26 October 2015 and Friday, 30 October 2015, both dates inclusive. In terms of the Dividends Tax, the following additional information is disclosed:
22-Sep-2015
(Official Notice)
Netcare advise that it has terminated the services of Nedbank Corporate - Investment Bank as Sponsor to the Company with effect from 30 September 2015. Further to the above, Netcare has appointed Deutsche Securities (SA) Pty Ltd as Sponsor and Corporate Broker to the Company with effect from 1 October 2015.
10-Jul-2015
(Official Notice)
At the general meeting (?GM?) of the shareholders of Netcare held today, 10 July 2015, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



11-Jun-2015
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service (?SENS?) on 3 June 2015, in which they were advised that Netcare has entered into agreements to implement the Transaction.



Shareholders are advised that a circular, setting out, inter alia, the terms of the Transaction and incorporating a Notice of General Meeting convening a General Meeting of Netcare shareholders in order to consider and, if deemed fit, to pass the ordinary and special resolutions necessary to authorise and implement the Transaction, will be posted to shareholders on Thursday, 11 June 2015 (?the Circular?).



The salient dates pertaining to the General Meeting and implementation of the Transaction, also contained in the Circular, are as follows:

*Record date to determine which shareholders are eligible to receive the Circular: Friday, 5 June

*Circular posted to Netcare shareholders on Thursday, 11 June

*Last day to trade in order to be eligible to attend and vote at the General Meeting on Friday, 26 June

*Voting record date to determine which shareholders are entitled to attend and vote at the General Meeting on Friday, 3 July

*Last day for shareholders to lodge forms of proxy for the General Meeting by 10:00 on Wednesday, 8 July

*Last date and time for Netcare shareholders to give written notice to Netcare objecting to the special resolution approving the Transaction by 10:00 Friday, 10 July

*General Meeting to be held at 10:00 on Friday, 10 July

*Results of the General Meeting released on SENS on Friday, 10 July

*Results of the General Meeting published in the South African press on Monday, 13 July

*Expected date of receipt of compliance certificate from the Takeover Regulation Panel: Tuesday, 14 July

*Expected implementation date of the specific repurchase: Wednesday, 15 July

*Expected termination of listing of Netcare shares repurchased on the JSE at the commencement of trading on or about: Thursday, 16 July

*Last day for Netcare to send objecting Netcare shareholders notices of adoption of the special resolution approving the specific repurchase: Tuesday, 21 July
03-Jun-2015
(Official Notice)
18-May-2015
(C)
Revenue increased by 5.8% to R16.3 billion (R15.4 billion). Gross profit rose by 6.9% to R7.1 billion (R6.6 billion), while operating profit was up by 18.0% to R1.8 billion (R1.5 billion). Net attributable profit came in at R1.1 billion (R943 million). In addition, headline earnings per share was 15.3% higher at 81.4cps (70.6cps).



Dividend

Notice is hereby given that a gross interim dividend of 38.0 cents per ordinary share is declared in respect of the six months ended 31 March 2015.



Outlook

Netcare expects the weakness in the SA economy to persist. Notwithstanding the low levels of growth in formal employment, demand for private healthcare should remain

resilient. Netcare will continue to concentrate on growth projects and initiatives to drive operational excellence and quality improvement, in line with our commitment to best

outcomes, best experience and cost-effective care for our patients. We expect to extract further efficiency benefits from our IT optimisation projects in the years

ahead. Netcare will continue to evaluate international opportunities.



In the UK, demand for healthcare services remains robust. In the face of a slower recovery in PMI membership, Netcare expects that this will place increasing pressure on a

capacity constrained NHS resulting in sustained demand for private hospital capacity. Programmes are in place to mitigate the impact of the margin compression

associated with the increased volume in public patients and the challenges of industry wide clinical staff shortages.
22-Apr-2015
(Official Notice)
This announcement is published in accordance with paragraph 3.59 of the JSE Listings Requirements.



The Board of Netcare (the board) wishes to announce that its Non-Executive Chairman (the chairman), Mr Skhulumi Jeremiah Vilakazi (Mr Vilakazi) has notified the board that he will be retiring as chairman as of the end of May 2015. Mr Vilakazi has informed the board that he wishes to dedicate more time to actively pursuing alternate commercial opportunities.



Mr Vilakazi was appointed as the chairman of Netcare on 1 June 2008 and has overseen the growth and development of Netcare as a leading healthcare provider in South Africa and the United Kingdom.



The board wishes to express its gratitude and appreciation to Mr Vilakazi for the significant contribution he has made to Netcare during his term of office and wishes him everything of the best in his future endeavours.



Mr Meyer Kahn, former Chairman of SAB Miller Plc., and an independent non- executive director of Netcare, has been appointed as the acting chairman until such time that the Board appoints a permanent replacement.
13-Apr-2015
(Official Notice)
Notice is hereby given that on Monday, 13 April 2015, Netcare declared a preference dividend (Number 18) of 380.51712 cents (gross) per preference share for the period from 1 October 2014 to 31 March 2015, payable on Monday, 18 May 2015 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 15 May 2015. The preference dividend has been declared out of income reserves.



Salient dates

* Last date to trade ?cum? the preference dividend (?LDT?) : Friday, 08 May 2015

* Date trading commences ?ex? the preference dividend : Monday, 11 May 2015

* Record date : Friday, 15 May 2015

* Date of payment : Monday, 18 May 2015



Preference share certificates may not be dematerialised nor rematerialised between Monday, 11 May 2015 and Friday, 15 May 2015, both dates inclusive.
06-Feb-2015
(Official Notice)
Netcare shareholders are advised that at the annual general (?the AGM?) held at the registered offices of the Company, all resolutions were passed by the requisite majority of Netcare shareholders present in person or represented by proxy at the AGM.
19-Dec-2014
(Official Notice)
Further to Netcare?s audited group results for the year ended 30 September 2014, released on SENS on Monday, 24 November 2014, shareholders are advised that the annual integrated report is available on the Company?s website, www.netcare.co.za. The notice of Annual General Meeting, which forms part of the annual integrated report, has been posted to shareholders today. The annual integrated report contains no modifications to the aforementioned published annual results.



Annual General Meeting

The Annual General Meeting of the members of Netcare will be held at 10:00 on Friday, 6 February 2015 in the Auditorium, Ground Floor, 76 Maude Street, Sandton, 2196 to transact the business as stated in the notice of the Annual General Meeting which was posted on 19 December 2014.



The directors of Netcare have determined that the record date for the purposes of the Annual General Meeting, being the date on which a shareholder must be registered in the Company?s share register in order to participate in and vote at the Annual General Meeting is Friday, 30 January 2015.
25-Nov-2014
(Media Comment)
Business Day reported that Healthcare group Netcare will spend R2 billion to expand facilities during its 2015 financial year in expectation of strong demand for hospital services, as SA's population ages and public facilities fail to offer good services. Netcare CEO Richard Friedland said the group would add 510 new beds in new projects, expansion of existing ones and a small acquisition in the Western Cape. Two new facilities are to open next year, a 100-bed hospital in Pinehaven, west of Johannesburg, and a 170-bed hospital in Polokwane, he said at Netcare's results for the year to September.
24-Nov-2014
(Official Notice)
Netcare refers to the special resolution which was approved by the shareholders of the Company in accordance with section 45(3) (a) (ii) of the Companies Act, 71 of 2008 (the Companies Act) on 07 February 2014, authorising the Company to provide financial assistance to related or interrelated companies of the Company. Notice is hereby given, in accordance with section 45(5) of the Companies Act, that a resolution of the board of directors of the Company, as contemplated by section 45 of the Companies Act, was adopted on 11 November 2014 (the board resolution).



The board resolution authorises the Company to enter into a R500 000 000 Credit Facility Agreement, in its capacity as guarantor, for the obligations of Netcare 911 (Pty) Ltd. (as borrower) and of each other guarantor (being Clindeb Investments Ltd.; Netcare Hospital Group (Pty) Ltd.; Netcare Hospitals (Pty) Ltd. and Netcare Property Holdings (Pty) Ltd.), which constitutes the Company giving "financial assistance" within the meaning of section 45 of the Companies Act.



In terms of section 45(3)(b) of the Companies Act, the board is satisfied that:

* immediately after providing the financial assistance, the Company would satisfy the solvency and liquidity test as set out in section 4 of the Companies Act; and

* the terms under which the financial assistance is proposed to be given under the resolution are fair and reasonable to the Company.
24-Nov-2014
(C)
Revenue increased to R31.8 billion (R27.4 billion). Gross profit was up to R13.6 billion (R11.8 billion) and operating profit decreased to R3.3 billion (R6.3 billion). The net attributable profit was lower at R2.2 billion (R5.1billion). In addition, headline earnings per share grew to 158.2cps (134.6cps).



Dividend

Notice is hereby given that a gross final dividend of 48.0 cents per ordinary share was declared on 20 November 2014 in respect of the financial year ended 30 September 2014.



Outlook

The demand for private healthcare in SA is expected to remain strong, which will support Netcare's growth over the next few years. We will continue to focus on cost containment and optimisation initiatives to ensure operational excellence, broad-based quality improvement and delivering superior patient care. We expect to extract further efficiency benefits from our IT optimisation projects in the years ahead. Netcare has embarked on a long-term strategy to mitigate the impact of ongoing power interruptions and rising utility costs. Subsequent to year-end, we secured a committed seven-year facility of R500 million from Nedbank Corporate Banking in conjunction with the Agence Fran?aise de D?veloppement (French Development Agency or AFD) on favourable terms. This facility will contribute to the funding of a range of energy efficiency and renewable energy projects across the Group. Netcare anticipates that this will result in significant cumulative savings of an estimated R1 billion on our forecast electricity costs over the next 10 years. We expect it to take more time before the economic recovery in the UK becomes evident in the healthcare sector. Given existing capacity, there remains significant opportunity for private sector treatment of NHS patients. Under the leadership of newly appointed CEO, Mrs J Watts, the management team will seek to drive volumes, increase acuity and rationalise the cost base, while dealing with the challenge of clinical staffing shortages.
17-Nov-2014
(Official Notice)
Netcare is in the process of finalising its audited results for the year ended 30 September 2014, which are expected to be released on SENS on or about 24 November 2014.



Shareholders will recall that a non-recurring, non-cash profit on the deconsolidation of the GHG Property Businesses ("Profit on Deconsolidation") in the amount of R3 257 million was reported in the results of the comparative year ended 30 September 2013. In accordance with accounting standards, this non-recurring, non-cash Profit on Deconsolidation was included in the calculation of 2013 earnings per share ("EPS"), although it was excluded from the calculation of 2013 headline earnings per share ("HEPS"). A similar benefit is not recorded in the financial results for the year ended 30 September 2014.



Accordingly, shareholders are advised that for the year ended 30 September 2014:

* Basic EPS are expected to be between 141.0 and 160.0 cents per share, or between 63% and 58% lower than the 381.2 cents per share reported for the year ended 30 September 2013. If the non-recurring, non-cash Profit on Deconsolidation was excluded from the basic EPS for 2013, basic EPS for 2014 would reflect positive growth over the prior year's result; and

* Basic HEPS, which exclude the non-recurring, non-cash Profit on Deconsolidation, are expected to be between 154.8 and 161.5 cents per share, or between 15% and 20% higher than the 134.6 cents per share reported for the year ended 30 September 2013.



In order to provide consistent reporting to shareholders on a like-for-like basis, this trading statement also refers to adjusted HEPS, which excludes from reportable HEPS (in terms of the SAICA circular 2/2013) items that by their nature do not form part of ongoing, sustainable earnings. A full list of such items will be provided in the annual results announcement. Accordingly:

* Adjusted HEPS for the year ended 30 September 2014 are expected to be between 161.5 and 168.5 cents per share, or between 15% and 20% higher than the 140.4 cents per share reported for the year ended 30 September 2013.
01-Oct-2014
(Official Notice)
On Wednesday, 01 October 2014, Netcare declared a preference dividend (number 17) of 376.50514 cents (gross) per preference share for the period from 1 April 2014 to 30 September 2014, payable on Monday, 3 November 2014 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 31 October 2014. The preference dividend has been declared out of income reserves.



Salient dates

* Last date to trade "cum" the preference dividend ("LDT") : Friday, 24 October 2014

* Date trading commences "ex" the preference dividend : Monday, 27 October 2014

* Record date : Friday, 31 October 2014

* Date of payment : Monday, 3 November 2014.
23-Sep-2014
(Official Notice)
Pursuant to the announcement on 19 May 2014 that Stephen Collier, Chief Executive Officer (CEO) of General Healthcare Group (GHG) in the United Kingdom (UK), (operating as BMI Hospitals), would be stepping down at the end of the year, Netcare is pleased to announce that Jill Watts will be appointed as the new CEO of GHG with effect from 17 November 2014.



Jill has an admirable and impressive track record in the private hospital sector where she has held several senior operational and executive positions over a period of more than 20 years. Jill joins GHG from her current position as the CEO for Ramsay Health Care (UK).



The Netcare Board of Directors (Board) is also pleased to announce the appointment of Jill Watts as an executive director to the Board of Netcare Ltd., with effect from 17 November 2014 as required by paragraph 3.59 of the JSE listings requirements.



19-May-2014
(C)
15-May-2014
(Official Notice)
Netcare is in the process of finalising its unaudited results for the six months ended 31 March 2014, which are expected to be released on SENS on or about 19 May 2014.



Shareholders will recall that a non-recurring, non-cash profit on the loss of control of the GHG Property Businesses in the amount of R3 270 million was reported in the comparative six-month period ended 31 March 2013. In accordance with accounting standards, this profit on loss of control of the GHG Property Businesses was included in the calculation of earnings per share ("EPS"), although it is excluded from the calculation of headline earnings per share ("HEPS").



Shareholders are advised that in respect of the six months ended 31 March 2014, due to the non- recurring nature of the comparative period's profit on loss of control of the GHG Property Businesses, Netcare's EPS are expected to be between 65% and 85% lower than the prior year comparative period. Aside from this non-recurring, non-cash benefit this trading statement would not be necessary.
02-Apr-2014
(Official Notice)
Shareholders are hereby advised that the UK Competition Commission (UK CC) published its final report on the market investigation into private healthcare on 2 April 2014.



The final remedies do not require BMI Healthcare to divest of any hospital facilities.



Netcare is pleased that the UK CC has been able to maintain an open-minded approach throughout this complex and wide-ranging inquiry, and has engaged openly with stakeholders to reach a sensible, measured and fair conclusion.



Background to UK Competition Commission market investigation into private healthcare On 28 August 2013, the UK CC published its provisional findings and started a consultation process in relation to possible remedies arising from its provisional findings.



On 16 January 2014, the UK CC issued its provisional decision in relation to potential remedies.



A period of consultation and further consideration by the UK CC of submissions on the provisional findings followed. On 14 February 2014, BMI Healthcare met with the UK CC to make its submission.



On 2 April 2014, the UK CC issued its final report on its findings in relation to remedies.
01-Apr-2014
(Official Notice)
Notice is given that on Tuesday, 01 April 2014, Netcare declared a preference dividend (Number 16) of 356.67123 cents (gross) per preference share for the period from 1 October 2013 to 31 March 2014, payable on Monday, 12 May 2014 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 09 May 2014. The preference dividend has been declared out of income reserves.



In compliance with the requirements of Strate, the following dates are applicable:

* Last date to trade "cum" the preference dividend ("LDT") : Wednesday, 30 April 2014

* Date trading commences "ex" the preference dividend : Friday, 02 May 2014

* Record date : Friday, 09 May 2014

* Date of payment : Monday, 12 May 2014.
28-Feb-2014
(Official Notice)
The board of Netcare announced that Non-Executive Director, Mr. Hymie Reuvin Levin has notified the board that he will be retiring as a Non-Executive Director with effect from close of business 28 February 2014.
07-Feb-2014
(Official Notice)
Netcare shareholders are advised that, at the annual general meeting of Netcare held at the registered office of the company, all the resolutions were passed by the requisite majority of shareholders present and represented by proxy.

24-Jan-2014
(Official Notice)
Following feedback from the company's advisors, the Company has decided to modify Special Resolution 3 to be tabled for adoption by shareholders at the annual general meeting of the Company to be held at 10:00 on Friday, 7 February 2014 in the Auditorium, Ground Floor, 76 Maude Street (corner West Street), Sandton, 2196 as follows:



Special resolution 3: Financial assistance to related and inter-related companies in terms of Sections 44 and 45 of the Companies Act:



"Resolved that, to the extent required by Sections 44 and 45 of the Companies Act, the board of directors of the Company may, subject to compliance with the requirements of the Company?s MOI, the Companies Act and the JSE Listings Requirements, each as presently constituted and as amended from time to time, authorise the Company to provide direct or indirect financial assistance to a related or inter-related company, including the provision of financial assistance to noteholders in connection with the subscription of Notes issued or to be issued by Clindeb Investments Ltd. (the Issuer) pursuant to its Domestic Note Programme, and for purposes of the subscription for any other debt instruments issued or to be issued by the Issuer from time to time."
20-Dec-2013
(Official Notice)
Further to Netcare's audited group results for the year ended 30 September 2013, released on SENS on Monday, 18 November 2013, shareholders are advised that an electronic version of the integrated annual report accompanying the Notice of Annual General Meeting has been posted today. The annual integrated report contains no modifications to the aforementioned published annual results.



Annual General Meeting

The Annual General Meeting of the members of Netcare will be held at 10:00 on Friday, 7 February 2014 in the Auditorium, Ground Floor, 76 Maude Street, Sandton, 2196 to transact the business as stated in the notice of the Annual General Meeting which was posted today.



The directors of Netcare have determined that the record date for the purposes of the Annual General Meeting, being the date on which a shareholder must be registered in the company's share register in order to participate in and vote at the Annual General Meeting is Friday, 31 January 2014.
18-Nov-2013
(C)
08-Nov-2013
(Official Notice)
Netcare is in the process of finalising its results for the year ended 30 September 2013. The audited results for the year ended 30 September 2013 will be released on SENS on or about 18 November 2013.



Netcare Ltd's results for the year ended 30 September 2013 will include a non-cash profit of R3 257 million arising on the deconsolidation of the GHG Property Businesses. This profit results from the decision taken by the Board following an evaluation of the overall factors of control, including a decision to sell down Netcare?s interests in GHG PropCo 1 to 50.0% (as disclosed together with the 2012 results), that it would no longer be appropriate to consolidate the GHG Property Businesses, consisting of 41 UK hospital properties acquired between 2006 and 2008. The deconsolidation took effect from 16 November 2012. Furthermore, certain non-cash adjustments amounting to an aggregate after-tax charge of R11 428 million were recognized in Netcare's 2012 results arising from changes in the underlying accounting assumptions concerning the maturity of certain debt related to the UK property portfolio. There is no comparable charge in the 2013 financial results.



Shareholders are advised that, predominantly as a consequence of these exceptional non-cash transactions relating to the GHG Property Businesses, Netcare's earnings per share (EPS) for the year ended 30 September 2013 will be between 211% and 221% higher than the EPS for the prior year. Headline earnings per share (HEPS) for the year ended 30 September 2013, which excludes these exceptional non-cash adjustments, will be between 40% and 50% higher than the prior year. The above information has not been reviewed or reported on by Netcare's auditors.
15-Oct-2013
(Official Notice)
Shareholders are advised that the board of directors of GHG PropCo 1 (being the entities which hold a portfolio of 35 United Kingdom hospital properties initially acquired in 2006) has confirmed a short term extension of the initial loan maturity date of 15 October 2013 in respect of its GBP1.5 billion debt facility, to enable continued negotiation of a longer term restructuring of the GHG PropCo 1 loans.



As has been previously disclosed, discussions are continuing between the relevant stakeholders with a view to achieving a consensual restructuring of the GHG PropCo 1 loans. Significant progress has been made in this respect. However, given the complex nature of the restructuring, it has not been possible to reach agreement prior to the initial loan maturity date of 15 October 2013.



On 15 October 2013, the loan maturity date has therefore been extended to 15 January 2014 pursuant to the terms of a short term amendment. Additionally, and subject to obtaining prior written consent from 50.1% of designated lenders, the loan maturity date may be further extended to 15 April 2014. Further feedback, as appropriate, will be provided following the release of the company's audited results for the year ended 30 September 2013.
01-Oct-2013
(Official Notice)
Notice was given that on Tuesday, 1 October 2013, Netcare declared a preference dividend (Number 15) of 351.58562 cents (gross) per preference share for the period from 1 April 2013 to 30 September 2013, payable on Monday, 4 November 2013 to holders of the preference shares recorded in the books of the company at close of business on Friday, 1 November 2013. The preference dividend has been declared out of income reserves. In compliance with the requirements of Strate, the following dates are applicable:

*Last date to trade "cum" the preference dividend ("LDT"): Friday, 25 October 2013

*Date trading commences "ex" the preference dividend: Monday, 28 October 2013

*Record date: Friday, 1 November 2013

*Date of payment: Monday, 4 November 2013



Preference share certificates may not be dematerialised nor rematerialised between Monday, 28 October 2013 and Friday, 1 November 2013, both dates inclusive.
20-May-2013
(C)
Revenue from continuing operations increased to R13.3 billion (R12.3 billion). Gross profit grew to R5.7 billion (R5.2 billion) and operating profit improved to R4.8 billion (R1.8 billion). Net attributable profit rose to R4.1 billion (R699 million). In addition, headline earnings from continuing operations per share grew to 65.8cps (52.7cps).



Dividend

A gross interim ordinary dividend of 27cps has been declared.



Outlook

Netcare remain confident in the demand for private healthcare services at primary and tertiary levels in SA over the medium and long term. Expanding our infrastructure to service the escalating demand for healthcare will continue, as will the allocation of capital investment for upgrading and replacing existing equipment in line with our commitment to quality patient care. In December 2011, the Competition Commission announced its intention to conduct an investigation into the private healthcare sector in SA. On 1 April 2013, the market inquiry provisions of the Competition Amendment Act No 1 of 2009 came into force. Netcare views this as an opportunity for an independent and impartial process which reflects comprehensively on the functioning of the national health market. Netcare trusts that the inquiry will review and address key structural challenges facing the healthcare system such as the relevant regulatory framework, the critical shortage of specialists and nurses as well as the fragmentation of care. Netcare wishes to contribute towards the crafting of any future health policy and improved access to quality healthcare.



Given the continued volume contraction in the PMI market and the general consensus that the UK economy is likely to remain stagnant for the remainder of the year, the next six months are anticipated to remain challenging. Longer-term contractual arrangements have been agreed with the majority of PMI insurers, providing some stability and insulation against downside risk. The growth in NHS volumes is expected to continue. While the long-term relationship between the NHS and private healthcare providers is not expected to change materially, there may be some short-term impacts as the new Clinical Commissioning Group, which came into force in April 2013, is bedded down. Structural changes in BMI OpCo over the last few years position the business well for a recovery in demand for private healthcare.

16-May-2013
(Official Notice)
Netcare is in the process of finalising its unaudited results for the six months ended 31 March 2013, which are expected to be released on SENS on or about 20 May 2013. Shareholders will recall the decision by the Board of Netcare during November 2012 which was disclosed in the announcement of Netcare?s results for the financial year 2012, that pursuant to evaluating the overall factors of control, including a decision to sell down Netcare?s interests in GHG PropCo 1 to 50.0%, it was deemed appropriate for Netcare to deconsolidate the GHG Property Businesses from 16 November 2012.



A non-cash profit on the loss of control of the GHG Property Businesses has therefore been recognised in the unaudited results for the six months ended 31 March 2013. In accordance with accounting standards, the profit on loss of control of the GHG Property Businesses is included in the calculation of earnings per share (EPS), but is excluded from headline earnings per share (HEPS).



Shareholders are advised that in respect of the six months ended 31 March 2013, Netcare's EPS is expected to be between 475% and 495% higher than the prior year comparative period, whilst HEPS is expected to increase by between 20% and 25%. The above information has not been reviewed or reported on by Netcare's auditors.
02-Apr-2013
(Official Notice)
Notice is given that on Tuesday, 02 April 2013, Netcare declared a preference dividend (number 14) of 349.66438 cents (gross) per preference share for the period from 1 October 2012 to 31 March 2013, payable on Monday, 6 May 2013 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 3 May 2013. The preference dividend has been declared out of income reserves.



In compliance with the requirements of Strate, the following dates are applicable:

* Last date to trade "cum" the preference dividend ("LDT") : Thursday, 25 April 2013

* Date trading commences "ex" the preference dividend : Friday, 26 April 2013

* Record date : Friday, 3 May 2013

* Date of payment : Monday, 6 May 2013.
08-Feb-2013
(Official Notice)
Netcare shareholders were advised that, at the annual general meeting of Netcare held at the registered office of the company today, all the resolutions were passed by the requisite majority of shareholders present and represented by proxy, except for Ordinary Resolution Number 8 (authority to issue shares for cash) which did not achieve the requisite 75% shareholder approval.
24-Jan-2013
(Official Notice)
Shareholders were advised that:

(i) Netcare has purchased the interests in GHG previously owned by entities managed by Brockton Capital LLC (collectively "Brockton Capital") for a cash consideration of GBP11 million; and

(ii) Netcare has simultaneously agreed to sell to its other GHG partners (being Apax Partners and London - Regional Properties) certain interests in the GHG property companies which house the 35 properties acquired in 2006 ("GHG PropCo 1") previously managed by Brockton Capital.

(collectively "the transactions").



As a result of the transactions, Netcare's beneficial interest in BMI OpCo, the operating company within the GHG Group, and GHG PropCo 2, which consists of six hospital properties acquired from Nuffield in 2008, is now 53.72% and its beneficial interest in GHG PropCo 1 remains at 50.0%.



Effective immediately, Brockton Capital, and any entities advised by Brockton Capital, no longer maintain any involvement with GHG, its operating brand BMI Healthcare, or any other related holdings or subsidiaries.



The transactions fall below the categorisation thresholds of the JSE Limited Listings Requirements and this announcement is made on a voluntary basis.
27-Dec-2012
(Official Notice)
Further to Netcare's audited group results for the year ended 30 September 2012, released on SENS on Monday, 19 November 2012, shareholders are advised that an electronic version of the integrated annual report accompanying the notice of annual general meeting has been posted. The annual integrated report contains no modifications to the aforementioned published annual results.



Annual General Meeting

The Annual General Meeting of the members of Netcare will be held at 10:00 on Friday, 8 February 2013 at 76 Maude Street, Sandton, to transact the business as stated in the notice of the Annual General Meeting.
19-Nov-2012
(C)
Revenue increased from R22 584 million to R25 174 million in September 2012. Gross profit increased to R10 607 million (September 2011: R9 442 million) while operating loss was recorded at R6 961 million (September 2011: operating profit of R3644 million). Loss attributable to ordinary shareholders was at R4 235 million (September 2011: profit of R1 570 million). Headline earnings per share from continuing operations decreased to 95.2cps (September 2011: 116.2cps).



Dividend

Notice is hereby given that a gross final dividend of 34cps in respect of the financial year ended 30 September 2012 has been declared payable on Monday, 4 February 2013 .



Outlook

Netcare remains confident that the demand for private healthcare services at primary and tertiary levels will be sustained in SA over the medium and long term. We believe there is opportunity for collaboration between the private and public health sectors. Netcares UK experience, where approximately 30% of patients treated in BMI hospitals are public sector patients, demonstrates that there are sustainable models for private provision of publically funded healthcare. The refinancing of GHG PropCo 1 debt in the UK remains a focus. While Netcare reiterates that it is not the underwriter of last resort, it will together with our other shareholders continue to act responsibly in attempting to bring resolution to this matter. Due to the economic uncertainty persisting within the Eurozone, the impact of austerity measures on the UK economy, in conjunction with budgetary and structural uncertainties in the NHS, we expect the next 12 months to remain challenging for BMI OpCo. Given the strong cash balance at year end and the low levels of net debt, Netcare believes there may be opportunities to optimise the capital structure of BMI OpCo.
16-Nov-2012
(Official Notice)
05-Oct-2012
(Official Notice)
Notice is hereby given that on Friday, 05 October 2012, Netcare Ltd declared a preference dividend (Number 13) of 364.01712 cents (gross) per preference share for the period from 01 April 2012 to 30 September 2012, payable on Monday, 29 October 2012 to holders of the preference shares recorded in the books of the company at close of business on Friday, 26 October 2012. The preference dividend has been declared out of income reserves.



In compliance with the requirements of Strate, the following dates are applicable:

*Last date to trade cum the preference dividend (LDT) : Friday, 19 October 2012

*Date trading commences ex the preference dividend : Monday, 22 October 2012

*Record date : Friday, 26 October 2012

*Date of payment : Monday, 29 October 2012



Preference share certificates may not be dematerialised nor rematerialised between Monday, 22 October 2012 and Friday, 26 October 2012, both dates inclusive. In terms of the new Dividends Tax effective 1 April 2012, the following additional information is disclosed:

*The local Dividend Tax rate is 15%;

*No STC credits have been utilised in respect of this preference dividend declaration;

*The net local dividend amount is 309.41455 cents per share for shareholders liable to pay the new Dividends Tax and 364.01712 cents per share for shareholders exempt from paying the new Dividends Tax;

*The issued preference share capital of Netcare is 6 500 000 preference shares; and

*Netcare's tax reference number is 9999/581/71/4.
14-May-2012
(C)
Revenue increased by 11.1% to R12.7 billion (R11.4 billion). Gross profit was up 12.4% to R5.3 billion (R4.7 billion) and operating profit improved by 7.1% to R1.8 billion (R1.7 billion). Net attributable profit rose to R721 million (R666 million). In addition, headline earnings on a per share basis grew by 10% to 52.8c (48cps).



Dividend

A gross interim ordinary dividend of 22cps has been declared.



Outlook

Netcare, in consultation with key stakeholders, has completed an extensive scenario analysis of the South African healthcare environment. In every possible future scenario, healthcare demand continues to expand. While this is the basis for growth in health services, it also poses a risk insofar as these demands may not be met nationally by current healthcare delivery systems or resources. The launch of 10 NHI pilot sites is a significant step forward in assessing the supply and demand parameters of healthcare delivery. Netcare is firmly committed to increasing access to quality health care. Netcare believes it can play a meaningful role in assisting future NHI delivery, in partnership with government given the group's broad portfolio of healthcare services and experience over the last decade in the UK of working with the NHS in public health delivery.



In the UK, a firm foundation has been set for the remainder of the financial year, although the challenges remain significant. These include the economic headwinds and their impact on personal incomes and the PMI market, as well as government austerity measures and changing dynamics within the NHS. However, GHG continues to be focused on its core businesses, ensuring efficiency and quality, and being ready to capitalise on the inevitable return to growth of the private healthcare market.
04-Apr-2012
(Official Notice)
Netcare shareholders were referred to the announcement regarding the declaration of preference dividend number 12 released on SENS on 2 April 2012 and are advised of the following correction. Point 3 of the announcement disclosed that the net local dividend amount is 323.71 cents per share for shareholders liable to pay the new dividends tax and 372.27 cents per share for shareholders exempt from paying the new dividends tax. The correct disclosure is that the net local dividend amount is 316.4295 cents per share for shareholders liable to pay the new dividends tax and 372.2700 cents per share for shareholders exempt from paying the new dividends tax.
02-Apr-2012
(Official Notice)
Notice was given that on Monday, 2 April 2012, Netcare Limited declared a preference dividend (Number 12) of 372.27 cents (gross) per preference share for the period from 1 October 2011 to 31 March 2012, payable on Monday, 7 May 2012 to holders of the preference shares recorded in the books of the Company at close of business on Friday, 04 May 2012. The preference dividend has been declared out of income reserves. In compliance with the requirements of Strate, the following dates are applicable:

*Last date to trade "cum" the preference dividend ("LDT"): Wednesday, 25 April 2012

*Date trading commences "ex" the preference dividend: Thursday, 26 April 2012

*Record date: Friday, 4 May 2012

*Date of payment: Monday, 7 May 2012



Preference share certificates may not be dematerialised nor rematerialised between Thursday, 26 April 2012 and Friday, 4 May 2012, both dates inclusive.
09-Mar-2012
(Official Notice)
In anticipation of the implementation on 1 April 2012 of the withholding tax on dividends Netcare wishes to confirm that the dividends payable to preference shareholders will be increased by 10% ("grossed-up") after the dividend tax law change becomes effective. This is in accordance with its placing memorandum applicable to the preference shares and its memorandum of incorporation which addresses the impact of amendments to the Income Tax Act on preference shareholders. In terms of the legal and accounting opinions procured it should be noted that Netcare is under no legal obligation to adjust its dividend rate but has subject to board approval elected to do so for the benefit to all preference shareholders. A SENS announcement to this effect will be released on 2 April 2012.
14-Nov-2011
(C)
Revenue increased from R22 474 million to R23 221 million in September 2011. Gross profit increased to R9 708 million (September 2010: R9 581 million) and operating profit decreased to R3 701 million (September 2010: R3 708 million). Profit attributable to ordinary shareholders increased to R1 570 million (September 2010: R1 233 million). Headline earnings per share increased to 117cps (September 2010: 96.5cps).



Dividend

Notice is hereby given that a final dividend of 31cps has been declared for the year ended 30 September 2011.



Prospects

Netcare remains confident that the demand for private healthcare services at primary and tertiary levels will be sustained in SA over the medium and long term. Netcare's capital investment in expansionary projects is expected to sustain growth in SA. With global economic uncertainty persisting, budgetary and structural uncertainties in the NHS and the impact of austerity measures on the UK economy, the next 12 months are anticipated to remain very challenging for GHG. Private caseload is likely to continue to be constrained, while NHS volumes will depend on which areas are targeted for budget savings. Nevertheless, the strategies and improvements implemented during the year should position GHG to address these challenges.

11-Nov-2011
(Official Notice)
Netcare is in the process of finalising its results for the year ended 30 September 2011. The audited results for the year ended 30 September 2011 are expected to be released on SENS on or about 14 November 2011. Shareholders are advised that, in respect of the year ended 30 September 2011, Netcare's earnings per share ("EPS") and headline earnings per share ("HEPS") are expected to be between 21% and 26% higher than EPS and HEPS for the previous year.
11-Nov-2011
(Official Notice)
Mr Keith Norman Gibson, CA (SA), who has held the position of acting CFO of Netcare since 1 August 2011, has been appointed as financial director and CFO of Netcare on 10 November 2011.
06-Oct-2011
(Official Notice)
Netcare shareholders were advised that, at the general meeting of the company held in the Auditorium, Ground Floor, 76 Maude Street, Sandton, the ordinary and special resolutions relating to:

* a general issue of shares for cash; and

* approval of financial assistance by the company,

were passed by the requisite majority of shareholders present or represented by proxy.
03-Oct-2011
(Official Notice)
Notice was given that on Monday, 3 October 2011, Netcare declared a preference dividend (number 11) of 338.42 cents per preference share for the period from 01 April 2011 to 30 September 2011, payable on Monday, 31 October 2011 to holders of the preference shares recorded in the books of the company at close of business on Friday, 28 October 2011. In compliance with the requirements of STRATE, the following dates are applicable:

*Last date to trade "cum" the preference dividend ("LDT") -- Friday, 21 October 2011

*Date trading commences "ex" the preference dividend -- Monday, 24 October 2011

*Record date -- Friday, 28 October 2011

*Date of payment -- Monday, 31 October 2011



Preference share certificates may not be dematerialised nor rematerialised between Monday, 24 October 2011 and Friday, 28 October 2011, both dates inclusive.
03-Oct-2011
(Official Notice)
Netcare announced the resignation of Dr Victor Letsoejane Litlhakanyane ("Dr Litlhakanyane") as 'Executive Director, Stakeholder Relations' with effect from 31 December 2011. He will continue to actively serve in his capacity as an executive director until 31 December 2011.
07-Sep-2011
(Official Notice)
Shareholders are advised that a circular has been posted today setting out the relevant information relating to:

*a general issue of shares for cash; and

*approval of financial assistance by the Company in terms of Sections 44 and 45 of the Companies Act, 2008 (Act 71 of 2008).



The general meeting of shareholders will be held in the Auditorium, Ground Floor, 76 Maude Street, Sandton, 2196 on Thursday, 6 October 2011 at 10:00 for the purpose of considering and, if deemed fit, passing the necessary resolutions relating to the aforementioned.
26-Aug-2011
(Media Comment)
Business Day reported that Netcare has raised R1 billion through a JSE-listed bond issue. The issue was 1.5 times oversubscribed, attracting heavy investor interest of about R1.5 billion worth of bids.
22-Jul-2011
(Official Notice)
The board of Netcare announced the resignation of Mr Vaughan Firman as financial director (chief financial officer) with effect from 31 July 2011. The Netcare board nominations committee in conjunction with the audit committee will in due course recommend to the board a permanent replacement for Mr Firman. In the interim, Mr Keith Gibson CA (SA), the Netcare financial manager, International, will assume the role of acting chief financial officer for Netcare.
16-May-2011
(C)
Revenue increased marginally by 3.2% to R11.4 billion (R11 billion) and gross profit also grew by 1.7% to R4.7 billion (R4.6 billion). However, operating profit fell by 7.9% to R1.7 billion (R1.8 billion), while profit for the period attributable to ordinary equity holders rose to R666 million (R579 million). Additionally, headline earnings per share improved to 48cps (41.5cps ).



Dividend

An interim dividend number 4 of 22.0 cents per ordinary share (2010: capital reduction out of share premium of 19.0 cents per ordinary share), has been declared for the six months ended 31 March 2011.



Prospects

Netcare remains confident that the demand for private healthcare services at primary and tertiary levels will be sustained in SA over the medium and long term. Capital investment in expansion will boost growth in SA. The fundamentals of the UK private healthcare sector remain sound and the proposed white paper reforms are positive for the private sector in the long term. The success of the NHS C-B programme is expected to entrench the private healthcare sector as a key partner to the NHS in delivering national healthcare needs. GHG is well placed to play a significant role in this regard. In the short term, however, recessionary pressures in the UK economy are expected to prevail for at least the remainder of this year, constraining growth in the PMI and self-pay markets. Growth in C-B activity is expected to continue, although this may be disrupted by NHS funding pressures and the uncertainty around the White Paper reforms.
01-Apr-2011
(Official Notice)
On Friday, 01 April 2011, Netcare declared a preference dividend (number 10) of 341.61 cents per preference share for the period from 1 October 2010 to 31 March 2011, payable on Tuesday, 3 May 2011 to holders of the preference shares recorded in the books of the company at close of business on Friday, 29 April 2011. In compliance with the requirements of STRATE, the following dates are applicable:

*Last date to trade "cum" the preference dividend ("LDT"): Tuesday, 19 April 2011

*Date trading commences "ex" the preference dividend: Wednesday, 20 April 2011

*Record date: Friday, 29 April 2011

*Date of payment: Tuesday, 3 May 2011
24-Mar-2011
(Official Notice)
Non-executive director Michael (Motty) Sacks has notified the board that he will be retiring as a non-executive director at the end of the company's current financial year.
03-Mar-2011
(Official Notice)
This SENS announcement is being issued in terms of Section 3.59 of the JSE Limited Listings Requirements. The Netcare board announces the appointment of Ms.Lynelle Bagwandeen as Company Secretary with immediate effect.
18-Feb-2011
(Official Notice)
In terms of paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that the Board of directors of Netcare wishes to announce the resignation of Bert Kok as Company Secretary with effect from 28 February 2011. An announcement will be made in due course in connection with the appointment of a Company Secretary.
24-Jan-2011
(Official Notice)
Netcare announced the appointment of Ms Thevendrie Brewer as an independent non- executive director to the Board of Netcare, with immediate effect.



21 Jan 2011 12:13:49
(Official Notice)
Netcare shareholders are advised that, at the annual general meeting of Netcare held at the registered office of the Company, ordinary resolution number 8 relating to the authority to issue shares for cash was withdrawn prior to the annual general meeting and ordinary resolution number 6 relating to the authority to place ordinary shares under the control of the directors was modified and the authority is now restricted to shares to be issued in terms of the Netcare Share Incentive Scheme and the Netcare convertible bond. All the other resolutions were passed by the requisite majority of shareholders present and represented by proxy. The special resolution will be registered with the Companies and Intellectual Property Registration Office ("CIPRO") in due course.

17 Dec 2010 11:21:54
(Official Notice)
Further to Netcare's audited group results for the year ended 30 September 2010, released on SENS on Monday 15 November 2010, shareholders are advised that the annual report will be posted on or about 24 December 2010. The annual report contains no modifications to the aforementioned published annual results.



Annual general meeting

The annual general meeting of the members of Netcare will be held at 10:00 on Friday, 21 January 2011 at 76 Maude Street, Sandton, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
16 Nov 2010 09:04:14
(Media Comment)
Business Day reported that SA's biggest private hospital group, Netcare, announced that the experience it gains providing clinical services to governments in the UK and Lesotho will place it in good position to benefit from the government's planned National Health Insurance ("NHI"). While there is as yet no formal government policy on NHI, the ANC released a discussion document in September proposing that the state purchase services from accredited private sector providers, including hospitals. This would be a marked policy shift as the state currently does not buy clinical services form the private sector. However, private hospital groups are already selling their services to foreign governments. Netcare holds a controlling stake in the UK's biggest private hospital group General Healthcare Group.
15 Nov 2010 08:46:05
(C)
Revenue decreased from R23 232 million to R22 474 million in 2010. Gross profit increased to R9 581 million (Septemebr 2009:R9 531 million) and operating profit increased to R3 708 million (September 2009:R3 700 million). Profit attributable to ordinary shareholders decreased to R1 233 million (September 2009: R1 564 million). Headline earnings per share from continuing operations increased to 96.5cps (September 2009: 74.6cps).



Dividend

The board of directors have declared a final capital reduction out of share premium of 6.5 cents per ordinary share and a dividend of 21.0 cents per ordinary share for the period under review.



Prospects

Netcare remains confident that the demand for private healthcare at both primary and tertiary levels will be sustained in SA over the medium and long term. The benefits gained in the past year from lower interest rates are not expected to be repeated in 2011. Recessionary pressures in the UK economy are expected to constrain the growth of PMI and self-pay spending on private healthcare in the short term. Growth in NHS activity through C-B is expected to continue, provided NHS funding does not come under further financial pressure. The proposed UK DoH`s White Paper reforms are positive for the private sector in the longer term, but they may take a few years to implement and could be disruptive over the short term.
09 Nov 2010 17:16:02
(Official Notice)
The board of directors of Netcare advised that the charges in the organ transplant case brought against Netcare Ltd ("Netcare") and its chief executive officer, Dr Richard Friedland, have been unconditionally withdrawn.
01 Nov 2010 08:35:06
(Official Notice)
Netcare is in the process of finalising its audited group results for the year ended 30 September 2010, which are expected to be released on SENS on or about 15 November 2010. Netcare's principal business interests are in the geographical regions of South Africa and the United Kingdom. Both regions will report improved earnings for the year in their local currencies. Due to the strengthening of the rand however, the lower conversion rates in 2010 will have an effect on the translated earnings of the group's UK subsidiary, General Healthcare Group Ltd. The group's earnings for last year included a capital profit from the Ampath sale. Accordingly the basic earnings comparisons for this year will reflect this non-recurring disposal. Having regard to the above, shareholders are advised that - given the comments on the Ampath disposal, basic earnings per share ("EPS") for the year ended 30 September 2010 are expected to be between 15% and 25% lower than the EPS for the year ended 30 September 2009; and headline earnings per share ("HEPS") however for the year ended 30 September 2010 are expected to be between 20% and 30% higher compared to the HEPS for the year ended 30 September 2009.
01 Oct 2010 13:50:09
(Official Notice)
Notice is hereby given that on Friday, 01 October 2010, Netcare Ltd declared a preference dividend (Number 9) of 373.87 cents per preference share for the period from 01 April 2010 to 30 September 2010, payable on Monday, 25 October 2010 to holders of the preference shares recorded in the books of the company at close of business on Friday, 22 October 2010.



In compliance with the requirements of STRATE, the following dates are applicable:

*Last date to trade "cum" the preference dividend ("LDT") : Friday, 15 October 2010

*Date trading commences "ex" the preference dividend : Monday, 18 October 2010

*Record date : Friday, 22 October 2010

*Date of payment : Monday, 25 October 2010

*Preference share certificates may not be dematerialised nor rematerialised between Monday, 18 October 2010 and Friday, 22 October 2010, both dates inclusive.

16 Sep 2010 13:22:19
(Official Notice)
Netcare, Netcare Kwa-Zulu (Pty) Ltd and Dr Richard Friedland together with other persons have been charged by the director of public prosecutions with a number of offences arising out of organ transplants performed by a number of specialist doctors at the St Augustine's Hospital in 2001 and 2002. The allegations against Netcare and Dr Friedland have been thoroughly investigated by independent attorneys and Senior Counsel engaged by Netcare. The board has been advised that the allegations made are unjustified and that neither Netcare nor Dr Friedland are guilty of any wrongdoing and that they will vigorously defend the charges which have been brought against them.



The board fully supports Dr Friedland and expresses its regret that the prosecuting authorities have seen fit to press charges against him, particularly in the context of the unqualified co-operation which Netcare and Dr Friedland have given to the investigating and prosecuting authorities and the statements made by them to assist in those investigations. The board is confident that both Netcare and Dr Friedland will successfully defeat the charges which have been made against them and that Dr Friedland will continue to discharge his duties as Chief Executive Officer of Netcare with the same commitment, distinction and dignity for which he is well known.
06 Aug 2010 10:02:32
(Media Comment)
Business Day reported that private hospital group Netcare had launched an expanded stem cell transplantation unit at its Pretoria East facility. The unit was one of only a few in Africa to offer haemopoitic stem cell transplants for treating illnesses such as leukaemia, sickle cell diseases and lymph cancer.
17 May 2010 09:19:46
(C)
Revenue decreased from R11 619 million to R11 038 million in 2010. Gross profit decreased to R4 634 million (2009:R4 786 million) while operating profit increased to R1 843 million (2009:R1 822 million). Profit attributable to ordinary shareholders declined to R 551 million (2009:R1 002 million). Headline earnings per share increased to 41.5cps (2009: 33.3cps).



Dividends per share

An interim capital reduction of 19.0 cents per share (2009: 16.0 cents) has been declared, representing an 18.8% increase over the prior year.



Prospects

Barring any unforeseen circumstances, and particularly given the general financial soundness of medical aid funds and the strong underlying demand for private healthcare, the outlook for SA remains stable and positive. The prospects of healthcare reform facilitating greater healthcare access and care for all South Africans is seen as an imperative and viewed positively in terms of the Group's wide range of healthcare services on offer. Over and above the capital expenditure planned for the year of R800 million in SA, the Board has approved an additional R670 million to be invested over the next three years on capital projects. These include the new Waterfall Hospital in Midrand, Gauteng, 12 large projects that will add 295 new beds, a refurbishment of 238 beds, three new theatres, 30 doctors consulting rooms and 21 smaller projects.



Recessionary pressures in the UK economy are expected to limit the growth of PMI and self-pay spending on private healthcare in the short term. However, the growth in NHS activity should provide sufficient offset. The demographics of an ageing population and increasing incidence of lifestyle diseases are expected to support growth in private caseload over the longer term. The underlying fundamentals of the UK private healthcare sector remain sound, with NHS budgetary pressures likely to increase demand for private facilities further. The scale and quality of GHG's facilities, infrastructure, consultant network and management team position the company well to succeed in the current market and to benefit from the compelling prospects for private healthcare in the UK.
04 May 2010 09:23:15
(Official Notice)
Given the once off capital profit of R588 million realised on the disposal of Netcare's interests in the Ampath Holdings Trust ("Ampath") in the prior year, the basic earnings per share for the six month period ended 31 March 2010 will be lower than the prior year corresponding period.



Shareholders are advised that:

* On eliminating the effect of the Ampath capital profit, basic earnings per share ("EPS") for the six months ended 31 March 2010 are expected to be between 20% and 30% higher than the EPS for the six months ended 31 March 2009; and

* Headline earnings per share ("HEPS") for the six months ended 31 March 2010 are also expected to be between 20% and 30% higher compared to the HEPS for the six months ended 31 March 2009.
08 Apr 2010 15:31:11
(Official Notice)
The board of Netcare announced the resignation of Andile Ngcaba as a non-executive director with effect from 7 April 2010. Andile Ngcaba has informed the Board that his decision to resign as Director is due to his increased responsibilities at Dimension Data Middle East - Africa as well as at convergence partners, which demands a considerable amount of his time.
01 Apr 2010 11:28:43
(Official Notice)
On Thursday, 01 April 2010, Netcare Ltd declared a preference dividend (number 8) of 392.05 cents per preference share for the period from 01 October 2009 to 31 March 2010, payable on Monday, 26 April 2010 to holders of the preference shares recorded in the books of the company at close of business on Friday, 23 April 2010.



Salient dates

Last date to trade "cum" the preference dividend ("LDT"): Friday, 16 April 2010

Date trading commences "ex" the preference dividend: Monday, 19 April 2010

Record date: Friday, 23 April 2010

Date of payment: Monday, 26 April 2010



Preference share certificates may not be dematerialised nor rematerialised between Monday, 19 April 2010 and Friday, 23 April 2010, both dates inclusive.
29 Jan 2010 13:26:45
(Official Notice)
Netcare shareholders were advised that, at the annual general meeting of Netcare held at the registered office of the company today, all the resolutions were passed by the requisite majority of shareholders present and represented by proxy. The special resolution will be registered with the Companies and Intellectual Property Registration Office ("CIPRO") in due course.
15 Dec 2009 15:33:27
(Official Notice)
Further to Netcare's audited group results for the year ended 30 September 2009, released on SENS on Monday, 23 November 2009, shareholders are advised that the annual report will be posted on or about 23 December 2009. The annual report contains no modifications to the aforementioned published audited results.



Annual general meeting

The annual general meeting of the members of Netcare will be held at 12:00 on Friday, 29 January 2010 at 76 Maude Street, Sandton, 2196, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
08 Dec 2009 13:03:02
(Official Notice)
Netcare shareholders are reminded that, in accordance with the terms of the partnership agreement that governs the relationship amongst Netcare and its partners, (being funds advised by Apax Partners Worldwide LLP, London - Regional Properties and funds advised by Brockton Capital LLP, (collectively the "other partners") in GHG in the United Kingdom), the other partners have the right at any time after a period of three years to exit their investment, including by way of the right to call for an Initial Public Offering of GHG on the LSE.



Pursuant thereto, Netcare shareholders are advised that the other partners have formally notified Netcare of their right to pursue an Initial Public Offering of OpCo on the LSE. While the partnership agreement prescribes certain processes that must be followed and minimum conditions that must be satisfied in pursuit of the IPO, there are many factors that require review and consideration. Netcare will follow the provisions of the partnership agreement and work with GHG`s management and the other partners to endeavour to facilitate the listing of OpCo on the LSE. Netcare will retain its majority interest. Public markets in the UK and elsewhere have been and remain volatile.



Accordingly, the other partners may elect not to proceed with the GHG listing at any stage during this process. OpCo is the leading provider of private acute care in the UK, with a national network of 57 hospitals operating under the BMI Hospitals brand name. Netcare acquired a controlling majority interest in the GHG Group in May 2006 as part of a consortium along with the Other Partners. The GHG Group operates through an operating company ("OpCo") and a property company ("PropCo"). PropCo leases the facilities to OpCo under long-term leases and will remain unaffected by a listing of OpCo.
23 Nov 2009 09:38:27
(C)
Revenue increased from R21 735 million to R23 232 million in 2009. Gross profit increased to R9 531 million (2008:R8 893 million) and operating profit increased to R3 700 million (2008:R3 370 million). Profit attributable to ordinary shareholders increased to R1 564 million (R801 million). Headline earnings on a per share basis increased to 78.20cps (61.50cps).



Dividends per share

A final capital reduction out of share premium of 22.0 cps, payable on Monday 25 January 2010 for the period under review.



Prospects

Netcare is wholly committed to working with the SA and UK governments both to meet increasing demand for, and improve access to, quality healthcare. The global debate on affordable and equitable healthcare delivery and reform continues to evolve. Whilst demand for healthcare services in both the group's markets is expected to increase due to a higher burden of disease, particularly in SA, and an ageing population particularly in the UK, regulatory pressure to provide greater access and reduce pricing is inevitable. Given the capital intensive nature of delivering tertiary healthcare, it is important that consensus on pricing which allows for an adequate return on capital and routine replacement of existing infrastructure is reached.



In SA, through our primary care network, Netcare is well positioned to assist government in meeting the healthcare-related Millennium development goals for 2015. In addition, Netcare welcomes the establishment of the National Health Insurance (NHI) Advisory Committee to the Minister of Health and we remain committed to working with the Department of Health in addressing the challenges outlined in the Department?s 10 Point Plan.



In the UK, recessionary pressures are expected to subdue the growth of PMI and self-pay spending on private healthcare in the short term, but this is likely to be largely offset by growth in NHS activity. However, the underlying fundamentals of the UK private healthcare sector remain intact, with NHS budgetary pressures likely to further increase demand for private facilities. GHG is well positioned to make progress in the current market and increasingly well positioned to benefit from a future economic upturn.
20 Nov 2009 07:36:18
(Official Notice)
The board announces that the Netcare group secretary, Mr Joel Wolpert CA(SA) FCMA FCIS, has reached the group's mandatory retirement age of 65 years and will be retiring with effect from 1 December 2009. Mr Lambertus ("Bert") Kok FCIS, was engaged by Netcare in March 2003 and appointed as Head Office company secretary in October 2007. Shareholders are hereby notified that Mr Kok has been promoted to Netcare group secretary with effect from 1 December 2009.
12 Nov 2009 09:34:51
(Official Notice)
Netcare is in the process of finalising its audited group results for the year ended 30 September 2009, which are expected to be released on SENS on or about 23 November 2009.



EPS for the year ended 30 September 2009 are expected to be between 90% and 100% higher than the EPS for the year ended 30 September 2008. Heps for the year ended 30 September 2009 are expected to be between 25% and 35% higher compared to the HEPS for the year ended 30 September 2008.
19 Oct 2009 10:54:23
(Official Notice)
Netcare shareholders are referred to an announcement dated Friday, 14 August 2009, proposing, inter alia, an odd lot offer ("the odd lot offer") to Netcare shareholders holding less than 100 shares in Netcare ("odd lot holder"). Shareholders approved the necessary resolutions relating to the odd lot offer at the general meeting, held on Monday, 7 September 2009.



Netcare repurchased a total of 31 669 shares, representing 0.00222% of the issued share capital of the group for a total consideration of R356 592.94. The number of shareholders was reduced by 728 shareholders, representing 3.91% of the total number of shareholders. Certificated odd lot holders who failed to make an election timeously and are therefore deemed to have sold their odd lot holdings, are reminded to submit their relevant documents of title to the transfer secretaries, Link Market Services (Pty) Ltd.
01 Oct 2009 12:46:08
(Official Notice)
Netcare Ltd declared a preference dividend of 427.39 cents per preference share for the period from 01 April 2009 to 30 September 2009, payable on Monday, 26 October 2009 to holders of the preference shares recorded in the books of the company at close of business on Friday, 23 October 2009.



In compliance with the requirements of strate, the following dates are applicable:

*Last date to trade "cum" the preference dividend - Friday, 16 October 2009

*Date trading commences "ex" the preference dividend - Monday, 19 October 2009

*Record date - Friday, 23 October 2009

*Date of payment - Monday, 26 October 2009
23 Sep 2009 16:34:58
(Official Notice)
Netcare shareholders are referred to the circular dated 14 August 2009 regarding an odd lot offer ("the odd-lot offer") and the announcement dated Thursday, 17 September 2009 regarding the revised salient dates and times of the odd lot offer. Shareholders are advised that the special resolutions relating to the odd lot offer have now been registered with the Companies and Intellectual Property Registration Office ("CIPRO") and that the odd lot offer will proceed in terms of the revised salient dates and times as set out in the announcement referred to above.
17 Sep 2009 10:30:42
(Official Notice)
Netcare shareholders are referred to the announcement and circular dated Friday, 14 August 2009, proposing, inter alia, an odd-lot offer ("the odd lot offer") to Netcare shareholders holding less than 100 shares in Netcare. Shareholders approved the necessary ordinary and special resolutions relating to the odd lot offer at the general meeting held on Monday, 7 September 2009. Due to a delay in the registration of the special resolutions with the Companies and Intellectual Property Registration Office ("CIPRO"), the company wishes to advise shareholders of the revised salient dates and times in respect of the odd lot offer.



Revised salient dates and times

The revised salient dates and times in respect of the odd lot offer are as follows:

*Last day to trade in order to participate in the odd lot offer -- Friday, 9 October 2009

*Shares trade ex the odd lot offer -- Monday, 12 October 2009

*Forms of election and surrender (green) to be received by the transfer secretaries by 12:00 on Friday, 16 October 2009

*Odd lot offer closes at 12:00 on Friday,16 October 2009

*Record date of the odd lot offer -- Friday, 16 October 2009

*Cheques or electronic transfers in respect of certificated shareholders posted or effected against surrender of documents of title on or about Monday, 19 October 2009

*Results of the odd lot offer released on SENS on Monday, 19 October 2009
07 Sep 2009 11:20:04
(Official Notice)
Netcare shareholders are advised that the necessary resolutions relating to:

*an amendment to the articles of association to allow for odd lot offers;

*an odd lot offer; and

*a specific repurchase of shares resulting from the odd lot offer were passed by the requisite majority of shareholders present and represented by proxy at the general meeting.

Ordinary Resolution Number 1 relating to an authority to place the authorised but unissued ordinary shares under the control of the directors was withdrawn prior to the commencement of the general meeting. The special resolutions will be registered with the Companies and Intellectual Property Registration Office ("CIPRO") in due course. A further announcement regarding the results of the odd lot offer will be made on or about Monday, 28 September 2009.
20 Jul 2009 12:01:33
(Official Notice)
The board of Netcare wishes to announce the resignation of Mrs Ingrid Davis as pharmacy director with effect from 31 December 2009. Mrs Davis has decided for personal and family reasons to relocate to the United States in 2010. Mrs Davis was appointed as pharmacy director of Netcare on 6 November 1999.
02 Jul 2009 08:03:52
(Media Comment)
The Financial Mail wrote that despite having more debt than rival Medi-Clinic, Netcare is in fairly good shape. Three quarters of Netcare's gross debt of R31 billion relates to UK-based General Healthcare Group ("GHG"), in which Netcare acquired a 52.6% controlling interest three years ago. However, Netcare CEO Richard Friedland is not worried, saying that Netcare has substantially transformed the business. Coronation analyst Godwill Chahwahwa commented that he is very comfortable with the business and that structural changes in the UK healthcare market "will bring up volumes from" that country's National Health Service.
04 Jun 2009 09:33:26
(Media Comment)
Vunani Securities' Kate Turner-Smith, was quoted in the Financial Mail as saying that "Netcare is on the right track" concerning its strategy of expanding in Africa via public-private partnerships, or PPPs. The company's most recent PPP, to run a 390-bed hospital in Lesotho, will provide a safe revenue stream for the next 18 years. Netcare has operations in nine Africa countries and is looking at opportunities in Namibia and Zimbabwe. Netcare CEO Richard Friedland has just returned from Zimbabwe, where he met President Robert Mugabe amongst others, and was impressed by the Zimbabwean government's commitment to improve healthcare.
18 May 2009 10:37:39
(C)
Revenue increased from R10 343 million to R11 619 million in 2009.Gross profit rose to R4 786 million (2008:R4 276 million) and operating profit increased to R1 822 million (2008:R1 584 million). Profit attributable to ordinary shareholders increased to R1 002 million (R319 million). Headline earnings on a per share basis increased to 33.30cps (23.70cps).



Dividends per share

The directors by way of an ordinary resolution passed on 30 January 2009, the board of directors declared on 14 May 2009 an interim capital reduction (number 20) out of share premium of 16 cents per ordinary share (2008:14 cents).



Prospects

It remains difficult to predict the impact of various factors on the group in the current volatile global economic environment. The group's half- year results show, the demand for healthcare does not necessarily abate in an economic downturn. Netcare remains confident that the demand for private healthcare will be sustained in SA, supported by a financially sound and growing medical scheme market. Netcare is hopeful that the positive approach by government, as outlined in the strategic plan announced by the Department of Health, will result in greater collaboration between the private and public sectors. In the UK, the recessionary environment is expected to continue to impact out- of-pocket spending on private healthcare. The company expects this to be largely offset by growth in NHS activity through the purchasing of healthcare services by NHS Primary Care Trusts.
06 May 2009 14:50:51
(Official Notice)
Netcare is in the process of finalising its unaudited interim results for the six months ended 31 March 2009, which are expected to be released on SENS on or about 18 May 2009. Highlights are as follows:

*basic earnings per share ("EPS") for the six months ended 31 March 2009 are expected to be between 208% and 218% higher than the EPS for the six months ended 31 March 2008; and

*headline earnings per share ("HEPS") for the six months ended 31 March 2009 are expected to be between 35% and 45% higher compared to the HEPS for the six months ended 31 March 2008.
01 Apr 2009 16:02:30
(Official Notice)
Notice is hereby given that on Wednesday, 1 April 2009, Netcare declared a preference dividend (number six) of 555.82 cents per preference share for the period from 1 October 2008 to 31 March 2009, payable on Tuesday, 28 April 2009 to holders of the preference shares recorded in the books of the company at close of business on Friday, 24 April 2009. In compliance with the requirements of Strate, the following dates are applicable:

*Last date to trade "cum" the preference dividend ("LDT") -- Thursday, 16 April 2009

*Date trading commences "ex" the preference dividend -- Friday, 17 April 2009

*Record date -- Friday, 24 April 2009

*Date of payment -- Tuesday, 28 April 2009
27 Mar 2009 10:06:48
(Official Notice)
Further announcement regarding disposal of interests in the Ampath Group Shareholders are referred to the SENS announcements dated 11 December 2008 and 16 January 2009. Netcare advised that the conditions precedent pertaining to the transaction whereby Netcare disposed of its interests in the Ampath Group for an amount of approximately R1.3 billion have now all been fulfilled and the proceeds have been received by Netcare.
12 Feb 2009 15:09:49
(Official Notice)
Mr Vaughan Erris Firman, CA(SA), who has held the position of acting CFO of Netcare since 5 December 2008, has been appointed as a director and chief financial officer of Netcare with immediate effect.
30 Jan 2009 13:25:07
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held today, 30 January 2009, all the ordinary and special resolutions contained in the relevant notice of annual general meeting were duly passed by the requisite majority votes required in each instance. The relevant special resolutions will be lodged with the companies and intellectual property registration office for registration in due course.
16 Jan 2009 15:09:07
(Official Notice)
Shareholders are referred to the announcement released on SENS on 11 December 2008 pertaining to the disposal of Netcare's interests in the Ampath Group. The unaudited pro forma financial effects of the disposal on the last published results of the group are summarised in the table below and are based on the audited financial results of the group for the year ended 30 September 2008. The unaudited pro forma financial effects in respect of the disposal of Netcare's interests in the Ampath Group have been compiled in terms of The Guide on Pro Forma Financial Information issued by SAICA. In compliance with the Listings Requirements of JSE Ltd, the unaudited pro forma financial effects of the group have been prepared to provide information about how the disposal might have affected the group had the disposal been effected on 1 October 2007 (ie for the twelve-month period from 1 October 2007 to 30 September 2008) for income statement purposes and on 30 September 2008 for balance sheet purposes. The unaudited pro forma financial effects have been prepared for illustrative purposes only and, because of their nature, may not fairly reflect the group's consolidated financial position, changes in equity, results of operations or cash flows after the disposal.

*Earnings per share before adjustments amount to 64cps and will be 106cps after the disposal, a 66.3% improvement

*Headline earnings per share before adjustments amount to 61cps and will be 61cps, a 0.6% decline
30 Dec 2008 09:31:40
(Official Notice)
11 Dec 2008 17:27:19
(Official Notice)
Pursuant to a decision taken in 2006 to exit its 50% interest in the Ampath Group, Netcare has signed an agreement to sell all its units in and claims against Ampath Holdings Trust to a consortium of pathologists for an amount of R1 026.5 million. The transaction is subject to Competition Commission approval and is expected to be completed by the end of February 2009. Ampath provides comprehensive support services to various incorporated pathology laboratory practices which provide pathology related services to healthcare practitioners and their patients. Netcare is disposing of its interest in the Ampath Group because it is considered that the regulatory authorities are not in favour of corporate involvement in pathology services. The effective date of the agreement is 1 November 2008. The consortium of pathologists have raised the financing necessary to complete the deal, with approximately 40% of the financing being guaranteed by Netcare. The proceeds from the disposal will be used by Netcare to retire a portion of its debt.
24 Nov 2008 10:26:23
(C)
Group revenue increased by 16.8% to R21 735 million with the SA business contributing 48% and the UK business contributing 52%. Performance was driven by organic and acquisitive growth in both countries and the impact of the increased average ZAR/GBP exchange rate during the year. Group operating profit increased by 12.7% to R3 370 million while the group operating profit margin declined from 16.1% to 15.5% as a result of sub-optimal tariff levels in SA, underwriting costs in Primary Care and non-recurring costs in both SA and UK amounting to R132 million. Cash generated from operations increased by 17.3% to R4 663 million. The group converted 101.1% (98.5%) of its EBITDA into cash.



Distribution

The board of directors declared a reduction of capital out of share premium of 18c per ordinary share.



Outlook

Given ever-changing global economic uncertainties, it is difficult to predict the impact of the prevailing conditions on the economies of both SA and the UK. However, the requirement for healthcare continues despite changes in economic cycles. However, Netcare remains confident that the demand for private healthcare will be sustained in SA. This is underpinned by a financially sound and growing medical scheme market. Management is hopeful that real opportunities to partner and assist government in the improvement of access to healthcare may also be forthcoming. In the UK, the recessionary environment is expected to impact out-of-pocket spend on private healthcare in the short term. GHG is confident that this will be somewhat offset by the NHS activity which provides much opportunity for growth as the UK public starts to participate in the Free Choice Programme and Primary Care Trusts rationalise around purchasing quality. GHG is increasingly relevant and well positioned to capture the opportunities that exist in the UK market in the years ahead with a continued focus on outstanding quality and unrivalled national hospital coverage.
14 Nov 2008 15:39:40
(Official Notice)
Netcare is in the process of finalising its results for the year ended 30 September 2008. The audited results for the year ended 30 September 2008 are expected to be released on SENS on or about 24 November 2008. For a proper appreciation of this trading statement, it should be noted that the results for the previous corresponding period included a once-off credit of 15.9c per share arising from the release of a deferred tax provision in the United Kingdom no longer required, following a 2% reduction in the United Kingdom (UK) corporate rate of tax from 30% to 28%. Having regard thereto, basic earnings per share and headline earnings per share for the year ended 30 September 2008, excluding the once- off credit are expected to differ by between -2% and 8% compared to the corresponding prior period. With the inclusion of the once-off credit for the year ended 30 September 2007, the comparable EPS and HEPS for the year ended 30 September 2008 are expected to be between 15% and 22% lower than the previous corresponding period. The financial information on which the above trading statement has been provided has neither been reviewed nor reported on by Netcare's auditors.
06 Nov 2008 15:05:14
(Official Notice)
The board of Netcare wishes to announce the resignation of Mr Peter Nelson as financial director (CFO) with effect from 5 November 2008. Mr Nelson has decided to take up a position outside of the group. Mr Nelson was appointed as financial director / CFO of Netcare on 1 September 2004 and the board wishes to express its gratitude and appreciation to Mr Nelson for his contribution to the growth and development of Netcare during his tenure. The Netcare Board Nominations Committee will in due course confirm a permanent replacement for Mr Nelson. In the interim, Mr Vaughan Firman, the financial director of the Netcare Group's RSA Operations, will assume the role of Acting Chief Financial Officer for Netcare.
12 Aug 2008 15:36:02
(Official Notice)
The board of Netcare wishes to announce the resignation of Dr Jan van Rooyen as a non-executive director with effect from 11 August 2008. Dr van Rooyen is a MBCBH, M Med (Clin Path) and was appointed to Netcare's board on 1 February 1999 in terms of the Ampath Holdings Trust Acquisition Agreement.
01 Jul 2008 10:25:01
(Official Notice)
The board announced the appointment, with effect from 1 July 2008, of Mr Martin Kuscus (BA Cur, Dip. Company Direction, EDP Harvard), as an independent non-executive director. Mr Kuscus is currently President and CEO of the South African Bureau of Standards, a position he has held since June 2004.



Mr Kuscus has had a career in Health Services and Provincial Government Finance spanning almost three decades. In 2004, he was appointed as a Commissioner on the Financial and Fiscal Commission. In 2006, he was elected to the Council for the International Standards Organisations (ISO) and he is also a member of the PRI Board, a UN Global Compact initiative on Responsible Investment. He is also Chairperson of the Board of Trustees for the Government Employees Pension Fund. The appointment of Mr Kuscus will enhance the independence of Netcare's board composition.
06 Jun 2008 09:01:35
(Official Notice)
Netcare announced the resignation of Professor Taole Mokoena as a non-executive director with effect from 4 June 2008.
21 May 2008 09:39:07
(Media Comment)
According to Business Report, Netcare's shares fell the most in two years on Tuesday, 20 May 2008. The company's shares tumbled as much as 6.9%, to R8.00, before ending the day only slightly down at R8.55. On Monday, 19 May 2008, the shares declined 3.5% after Netcare said it would undertake an "urgent review" of tariffs.
19 May 2008 09:01:17
(C)
Group operating revenue from continuing operations increased by 15.7% to R10.3 billion (R8.9 billion), fuelled by acquisition growth of R334 million and supported by organic growth of R1.1 billion. Group operating profit from continuing operations rose by 9.7% to R1.6 billion (R1.4 billion). Profit attributable to ordinary shareholders reached R351 million (R309 million). Group headline earnings per share remained flat at 23.7cps.



Capital reduction

A capital reduction of 14cps (number 18) has been declared for the interim period to 31 March 2008.



Prospects

Netcare is committed to engaging with government, civil society and organised labour in developing sustainable healthcare solutions and is actively involved in the industry process of providing constructive inputs into the proposed NHRPL and the National Health Amendment Bill. Netcare will continue to pursue the opportunities that private public sector partnerships with government provide to ensure the broader provision of healthcare services.



Despite a downturn in the UK economy and an increasingly competitive. environment, GHG is on track to meet its performance objectives for 2008. Key to achieving this are the various marketing and operational initiatives put in place by management. Management is confident that the operational platform created and the increased reach achieved with the acquisition of the seven Nuffield hospitals further strengthens and consolidates GHG's leadership position in this market. Management has restructured the UK hospitals into ten regions to mirror the NHS Primary Care Trusts (PCTs) and has packaged a regional service offering, better able to optimise volumes from the NHS through full patient choice (FPC) and waiting lists.
16 May 2008 09:32:10
(Official Notice)
The board is pleased to announce the appointment, with effect from 1 June 2008, of Mr Jerry Vilakazi, as independent non-executive chairman. Mr Vilakazi succeeds Mr Michael (Motty) Sacks who, on 25 January 2008, announced his intention to retire as chairman of the board with effect from 31 March 2008. Mr Sacks will continue to serve as acting chairman of the board until 31 May 2008, and thereafter as a non-executive director.
14 May 2008 10:27:13
(Media Comment)
Business Day reported that Netcare and Woolworths Holdings Ltd ("Woolies") have launched a new pharmacy in Athol Square, Johannesburg. This is their second dispensary since they announced their partnership a year ago. The first one was launched in Cape Town in August 2007.
04 Apr 2008 09:05:42
(Official Notice)
Notice is hereby given that on Friday, 4 April 2008, Netcare declared a preference dividend (Number 4) of 535.86 cents per preference share for the period from 1 October 2007 to 31 March 2008, payable on Tuesday, 29 April 2008 to holders of the preference shares recorded in the books of the company at close of business on Friday, 25 April 2008.



In compliance with the requirements of Strate, the following dates are applicable:

*Last date to trade "cum" the preference dividend Friday, 18 April 2008

*Date trading commences "ex" the preference dividend Monday, 21 April 2008

*Record date Friday, 25 April 2008

*Date of payment Tuesday, 29 April 2008.
17 Mar 2008 09:38:54
(Media Comment)
Business Report quoted Netcare's director o group stakeholder relations, Victor Litlhakanyane, as saying that Netcare intended to increase its BEE shareholding to 25%, within two years. The group would then be in compliance with the health sector charter.
11 Mar 2008 07:34:10
(Media Comment)
The Competition Tribunal has indicated that it would not approve the agreement between Netcare and the Competition Commission to resolve the issues relating to Netcare's relationship with Community Healthcare Group Ltd ("CHG"). This agreement arose following the Commission suggesting that Netcare had prior implemented a merger by assuming control over CHG and that there had been a contravention of section 4(1)(b) of the Competition Act, because Netcare had represented CHG as an associated company in negotiations with medical schemes. Netcare and the Commission had agreed to settle the matter on the basis of the payment of a sum of R6 500 000.



As such, Netcare is disappointed with the decision of the Tribunal not to sanction the consent order. It is Netcare's view that the proposed consent order is a fair resolution of the historical events which ultimately led to the Competition Tribunal approving unconditionally Netcare's acquisition of the entire issued share capital of CHG late last year. In coming to this decision, the Tribunal concluded that Netcare's acquisition of control over CHG would not lead to a substantial prevention or lessening of competition in any relevant market. Netcare is currently studying the Tribunal's decision with a view to engaging constructively with the Competition Authorities in order to reach a satisfactory resolution of this issue.
26 Feb 2008 14:31:09
(Official Notice)
The chief executive officer of Netcare, Richard Friedland, will once again be presenting at the annual Citibank Healthcare Conference on 26 February 2008 in Cape Town. The presentation will address the activities of Netcare in both South Africa and the United Kingdom. The presentation includes updated guidance for the year ending 30 September 2008, following the original guidance provided in November 2007. The presentation will be available from 14:00 on 26 February 2008 on the Netcare Investor Relations website at www.netcareinvestor.co.za
11 Feb 2008 16:33:49
(Official Notice)
Further to the announcement released on Friday, 8 February 2008, shareholders are advised that the special resolution relating to the change of company name has been registered and there are no further conditions outstanding. The timetable is as follows:

*Last day to trade old securities under the old name -- Friday, 15 February 2008

*List and trade shares under new name. Termination of shares under old name on the JSE trading system -- Monday, 18 February 2008

*Record date -- Friday, 22 February 2008

*Accounts of dematerialised shareholders will be updated with the new name at their CSDP or broker -- Monday, 25 February 2008

Shareholders are reminded that only the company's long name will change to "Netcare". All other information will remain unchanged and all existing share certificates will still be valid.
08 Feb 2008 10:17:01
(Official Notice)
Due to delays with the registration of the special resolution relating to the company?s name change at the Companies and Intellectual Property Registration Office, the dates published in the announcement referred to above are no longer applicable. A further announcement with revised dates will be released on SENS as soon as they are determined.
03 Aug 2006 16:06:11
(Official Notice)
Netpartner shareholders are referred to the announcement released on the SENS on Wednesday, 26 July 2006, regarding the postponement of the hearing of the application to sanction the scheme of arrangement proposed by Netcare between Netpartner and its shareholders other than Netcare.



Netpartner shareholders are advised that Netcare has agreed to lend and advance an amount of R470 million to Netpartner, to be used by Netpartner to subscribe for shares in Lethimvula Investments Ltd ("Lethimvula"), after the Competition Commission has approved the acquisition by Lethimvula of Rowan Angel (Pty) Ltd and Medscheme Ltd and has recommended to the Competition Tribunal that the scheme be approved. The Competition Commission approvals and recommendation are expected to be obtained on or before Friday, 11 August 2006. As the subscription has not yet been implemented, the last day to trade for Netpartner shareholders to participate in the distribution of Netpartner's Lethimvula shares, the record date of the distribution, the date of the distribution and the commencement of trading of Lethimvula on the Barnard Jacobs Mellet Securities (Pty) Ltd over-the-counter trading facility have been delayed. A further announcement will be released on SENS and published in the South African press in due course.
26 Jul 2006 17:05:53
(Official Notice)
Netpartner shareholders are referred to the announcement released SENS on Tuesday, 4 July 2006 where it was announced that Netpartner shareholders had approved the scheme of arrangement proposed by Netcare between Netpartner and its shareholders, other than Netcare and its subsidiaries. Netpartner shareholders are advised that, as the subscription by Netpartner for shares in Lethimvula Investments Ltd and the distribution of those shares to Netpartner shareholders had not been implemented, and Competition Tribunal approval for the implementation of the scheme had not been obtained, by Tuesday, 25 July 2006, the application to sanction the scheme was postponed by the High Court of South Africa to Tuesday, 26 September 2006 or a date prior to 26 September 2006 which is not more than three weeks after the date on which approval from the Competition Tribunal for the implementation of the scheme is obtained, in the event that such approval is obtained on or before Wednesday, 13 September 2006.



Netpartner expects Competition Tribunal approval for the scheme to be implemented to be obtained in late August or early September 2006. In the event that Competition Tribunal approval for the implementation of the scheme has been obtained on or before Wednesday, 13 September 2006, and the subscription and distribution have been implemented, the application to sanction the scheme will be set down for hearing as soon as possible thereafter and Netpartner will publish details of the Competition Tribunal approval and the date of the hearing of the application to sanction the scheme in the Business Day and Die Beeld newspapers at least one week prior to the hearing. A further announcement regarding the final salient dates and times of the scheme will be released on SENS and published in the South African press in due course.
07 Jul 2006 12:18:18
(Official Notice)
The board of directors of Netcare advise shareholders of the successful private placement by Netcare of 6 500 000 cumulative, non-redeemable, non-participating, non-convertible preference shares with a par value of 50c each at a subscription price of R100.00 per share. The private placement closed on Tuesday, 4 July 2006 with irrevocable undertakings to subscribe for the preference shares amounting to R805 million having been received from selected financial institutions and other investors. The board has agreed to allot and issue preference shares to the value of R650 million at a coupon rate of 75% of the prime overdraft rate, as quoted by Nedbank Ltd from time to time. As all funds have been received, dividends will accrue as from Wednesday, 12 July 2006.
04 Jul 2006 17:15:04
(Official Notice)
Results of the general meeting

Further to the announcement dated Thursday, 8 June 2006 and the circular to Netpartner shareholders dated Friday, 9 June 2006, Netpartner shareholders are advised that, at the general meeting of Netpartner shareholders held on Monday, 3 July 2006, the following ordinary resolutions were passed by the requisite majority of Netpartner shareholders.

*the distribution by Netpartner of its entire shareholding in Lethimvula Investments Ltd to Netpartner shareholders by way of a distribution in specie in the ratio of one Lethimvula share for every one Netpartner share held at the close of business on the record date for the distribution in specie; and

*the authorisation for any member of the board of directors of Netpartner to take such steps and sign all such documents so as to give effect to the resolution described above.



Results of the scheme meeting

Further to the announcement dated Thursday, 8 June 2006 and the circular to Netpartner shareholders dated Friday, 9 June 2006, Netpartner shareholders are advised that the scheme of arrangement proposed by Netcare between Netpartner and its shareholders, excluding Netcare, was approved by 99.97% of Netpartner shareholders present either in person or represented by proxy at the scheme meeting held on Monday, 3 July 2006. As the conditions precedent to the implementation of the scheme will not be fulfilled by 25 July 2006, Netpartner will apply to the Court on 25 July 2006 for an extension of the sanctioning hearing date. Details of the sanctioning hearing date will be published in the South African press on or about Wednesday, 26 July 2006.
03 Jul 2006 14:17:32
(Official Notice)
Further to the announcements dated 25 April 2006 and 15 May 2006 regarding the acquisition by Netcare of a controlling interest in General Healthcare Group Ltd, the company announced detailed proforma financials for the transaction. Shareholders of Netcare are no longer required to exercise caution in their dealings in Netcare shares.
20 Jun 2006 08:44:28
(Official Notice)
Netcare has announced that the under mentioned independent non-executive directors have accepted the invitation to join Netcare's board of directors:

*Dr Andile Ngcaba

*Prof Taole Mokoena

* Adv Kgomotso Moroka



Dr Ryan Noach has been appointed as an executive director of Netcare, while Dr Victor Litlhakanyane, who is an existing executive director of Netcare, has been promoted to the position of Chief Operating Officer (COO) in charge of Primary Care, Partnerships and Diagnostics.



Following the unwinding of Netcare and Netpartner, Professor B Kistnasamy has chosen to continue his role as non-executive Chairman of the Netpartner successor institution (Lethimvula Investments Ltd) and has agreed to resign as a non-executive director of Netcare with effect from 20 June 2006.



It is anticipated that further board changes will be announced in due course arising from the General Healthcare Group acquisition in the United Kingdom.
19 Jun 2006 17:22:32
(Official Notice)
At the general meeting held at 12:00 on Monday, 19 June 2006, the requisite majorities of Netcare shareholders approved:

* the special resolution to authorise the company to repurchase 116 056 221 Netcare ordinary shares held by certain wholly-owned subsidiary companies as treasury shares;

* the ordinary resolution to authorise the company to acquire certain of the issued shares in Netpartner Investments Ltd not already held by Netcare;

* the ordinary resolution to place a maximum of 77 660 000 new Netcare ordinary shares under the control of the board of directors of the company for the settlement of the scheme consideration or, if applicable, the substitute offer consideration, being one Netcare share for every four Netpartner shares held;

* the special resolution to increase the authorised share capital of the company by the creation of 10 000 000 cumulative, non-redeemable, non-participating and non-convertible preference shares with a par value of 50c each and amend the Memorandum of Association of the company to reflect the amended share capital;

* the special resolution to approve the terms attaching to the preference shares;

* the special resolution to insert a condition in the Memorandum of Association of the company in terms of which certain articles in the company's Articles of Association may not be amended or deleted unless the consent of the holders of the preference shares has been obtained;

* the ordinary resolution to place the authorised but unissued preference shares under the control of the board of directors of the company; and

* the ordinary resolution to authorise the directors of the company to do all such things and sign all documents as they consider necessary to give effect to and implement the above-mentioned resolutions.

The special resolutions have been submitted to the Registrar of Companies for registration.
08 Jun 2006 17:40:45
(Official Notice)
Shareholders are referred to the announcement released on SENS on Thursday, 23 March 2006 in terms of which it was announced that Netcare would propose a scheme of arrangement between Netpartner and its shareholders, in terms of which, subject to the fulfilment of certain conditions precedent, Netpartner shareholders will receive one Netcare share for every four Netpartner shares held on the record date for the scheme. The scheme, if implemented, will result in Netpartner becoming, directly and indirectly, a wholly-owned subsidiary of Netcare.



Shareholders are advised that in terms of an Order of Court dated Tuesday, 6 June 2006, the High Court of South Africa has granted Netpartner leave to convene a scheme meeting, to be held at 11:00 on Monday, 3 July 2006, in the Nedbank Auditorium, 135 Rivonia Road, Sandown, 2196. The implementation of the scheme is subject to the fulfilment of certain conditions. A scheme circular, providing full information on the scheme and incorporating a notice in respect of the scheme meeting will be posted to Netpartner shareholders on or about Friday, 9 June 2006. A circular to Netcare shareholders, dated Friday, 26 May 2006, relating to, amongst others, the scheme or, if applicable, the substitute offer, has been posted to Netcare shareholders.
15 May 2006 15:50:15
(Official Notice)
Further to the announcement dated 25 April 2006, the board of directors of Netcare has informed shareholders that the settlement of the purchase consideration and effective transfer of ownership relating to the acquisition of General Healthcare Group Ltd ("GHG") by Netcare and funds advised by Apax Partners Worldwide LLP ("Apax Partners"), London and Regional Properties ("L-R") and funds advised by Brockton Capital LLP ("Brockton") (collectively, "the Consortium"), was completed on 12 May 2006.



As reported previously, given that GHG is currently in the process of formally revaluing each of the properties in its extensive property portfolio which is required to finalise the restatement of its financial results in line with IFRS and those of Netcare, it is not possible at this stage to quantify the pro-forma financial effects of the transaction with reasonable certainty. As a result, the pro-forma financial effects of the GHG acquisition will only be announced once the property revaluation has been finalised and the revaluation and financial effects have been reviewed by the reporting accountants. Further announcements and a circular, including the financial effects, will be released to shareholders in due course.



Shareholders are advised to exercise caution when dealing in their securities until a further announcement is made.
11 May 2006 09:41:25
(C)
The six month period under review generated growth in revenue, operating profit and headline earnings before the Health Partners for Life broad based black economic empowerment transaction ("HPFL") IFRS charge of 11.8%, 25.5%, and 23.3% respectively. Revenue increased by 11.8% to R4.0 billion R3.6 billion. After taking the HPFL IFRS charge into consideration the results reflect a positive increase in operating profit of 13.7% to R554.2 million (R487.5 million) which translated into an increase in fully diluted HEPS of 5.9% to 25cps (23.6cps). The groups strong cash generation was applied towards, inter alia, tax payments of R133.4 million (R201.4 million), capital expenditure of R279.2 million (R145.9 million), increased capital distributions of R217.2 million (2005: R163.7 million) and other investments of R97.8 million (R81.2 million).



Prospects

The worlds population is living longer and new technology is enabling earlier diagnosis and treatment of incurable or inoperable diseases. These are well-documented trends internationally and with 65% of healthcare utilisation and costs driven by people over 60 years of age; it will have profound consequences on healthcare provision and capacity. Even in South Africa, adjusting for the impact of the HIV/AIDS pandemic, the population is ageing. Internationally the trend of governments to become both providers and purchasers of healthcare is increasing and provides a substantial opportunity for growth. This remains an important avenue of development for Netcare. In the absence of any unforeseen circumstances in the South African and global economies and the healthcare regulatory environment (including the outcome of the pharmacy regulations), it is considered that the group has a well balanced portfolio of sustainable healthcare businesses to continue to generate meaningful returns and growth for all stakeholders over time.



Distribution

The board of directors has declared an interim capital distribution (number 14), out of share premium amounting to 12c per ordinary share.
10 May 2006 17:09:33
(Official Notice)
25 Apr 2006 09:48:31
(Official Notice)
24 Apr 2006 10:48:31
(Media Comment)
Commenting on the 5.06% rise in the groups share price on 21 April 06, an analyst told Business Report that although the rise could be due to speculation by foreign buyers, it was likely that the increased was due to the reaction by the market to the cautionary announcement.
21 Apr 2006 09:14:37
(Official Notice)
The company has entered into negotiations which, if successfully concluded may, or may not, have a material impact on the price are which Netcare shares trade on the JSE. Accordingly, shareholders are advised to exercise caution when dealing in their shares until a further announcement is made.
23 Mar 2006 17:30:51
(Official Notice)
07 Mar 2006 15:24:30
(Official Notice)
Further to the cautionary announcement dated 24 January 2006, shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the Netcare and Netpartner's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in their securities until a full announcement is made.
27 Jan 2006 15:11:39
(Official Notice)
At the annual general meeting of Netcare held on Friday, 27 January 2006, all resolutions proposed were passed with the requisite majority.
24 Jan 2006 09:41:02
(Official Notice)
Netcare owns approximately 46.3% of the issued shares in Netpartner (an associate of Netcare in terms of AC110). Netpartner owns approximately 20% of the issued shares in Netcare (after deducting treasury shares). The boards of both companies have resolved to simplify the cross shareholding structure which exists between the companies and a further announcement setting out the details of the restructuring would be made in due course. Shareholders are advised to exercise caution in dealing in their securities until further notice.
15 Dec 2005 09:04:35
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 30 September 2005 will be distributed to shareholders on or about 21 December 2005 and contain no modifications to the audited results which were published on 16 November 2005. The ninth annual general meeting of Netcare shareholders will be held in the Auditorium, Ground Floor, 76 Maude Street (corner West Street), Sandton, 2196, on Friday, 27 January 2006 at 12:00.
23 Nov 2005 16:51:46
(Official Notice)
On 10 May 2005, shareholders were advised that Dr Jack Shevel intended to retire as Chief Executive Officer on 30 September 2005 and that Dr Richard Friedland, the then Chief Executive Officer of Netcare Healthcare (UK) Ltd would relocate to South Africa to assume the role of Group Chief Executive Officer. This process has now been successfully completed.



On September 23, 2005, shareholders were informed that Dr Shevel had disposed of his direct shareholding in Netcare. Following on these announcements, Dr Shevel will shortly be emigrating to the United States and has tendered his resignation as a Director effective 22 November 2005.
23 Nov 2005 10:43:00
(D)
The following transaction, in respect of which prior written approval pursuant to paragraph 3.66 of the JSE Listing Requirements has been obtained, is hereby disclosed -

1. Award of 250,000 share options to Dr V L J Litlhakanyane at a strike price of 685 cents per share, with the following vesting periods -

20% of total allocation on 16 November 2007

20% of total allocation on 16 November 2008

20% of total allocation on 16 November 2009

20% of total allocation on 16 November 2010

20% of total allocation on 16 November 2011

2. Award of 250,000 share options to P G Nelson at a strike price of 685 cents per share, with the following vesting periods -

20% of total allocation on 16 November 2007

20% of total allocation on 16 November 2008

20% of total allocation on 16 November 2009

20% of total allocation on 16 November 2010

20% of total allocation on 16 November 2011

16 Nov 2005 09:06:07
(C)
11 Nov 2005 15:45:42
(Official Notice)
Netcare's earnings per share and headline earnings per share for the year ended 30 September 2005 are expected to increase by between 30% and 40% compared to the year ended 30 September 2004. The financial information on which this trading statement is based has not been reviewed nor reported on by the company's auditors. The results for the year ended 30 September 2005 are expected to be released on SENS on Wednesday, 16 November 2005.
11 Nov 2005 15:41:20
(Official Notice)
The JSE, based upon the recommendations of the GAAP Monitoring Panel, has requested Netcare to restate its interim results for the six months ended 31 March 2005. The effect of the adjustment is to reduce headline earnings per share for that period by 0.9 cps or 3.5% to 24.7 cps (25.6 cps), which adjustment amounts by R12.6 million at attributable earnings level and is not considered material. Neither the results for the six months ended 31 March 2004 nor for the year ended 30 September 2004 are affected. The restatement effectively removes from Netcare's attributable earnings, its interest in mark-to-market gains on Netcare shares held by its associate company, Netpartner Investments Ltd. Such gains are considered by the GAAP Monitoring Panel to arise from transactions with Netcare's own shareholders and accordingly are not to be included in the income of Netcare. The restatement now includes in Netcare's attributable earnings the effect of the cross-holding between Netcare and Netpartner as required by paragraph 22 of GAAP statement AC110.
06 Oct 2005 14:13:55
(Official Notice)
In accordance with Circular 7/2005 released by the South African Institute of Chartered Accountants ("SAICA"), the method by which South African companies should account for operating leases with fixed escalation clauses has been clarified, necessitating adjustments to the financial statements of those companies affected. Payments made under operating leases are recognised in the income statement on a straight-line basis over the term of the lease. Past practice, whereby operating lease payments were expensed on a payments basis, was based on an interpretation of IAS 17(AC 105) - Leases, that was generally accepted in the South African community. The move towards full compliance with International Financial Reporting Standards ("IFRS") has led to the view that the entity is obliged to adopt the straight-line basis of accounting for all lease payments. The adjustment has been made as required by the International Accounting Standards Board ("IASB") with the necessary restatement of comparative figures.



The effects of the restatement on the financial statements are summarised below:



*Effect on Retained Earnings 30 September 2003 = (R141 461 000)

*Effect on 2004 EBITDA= (R11 467 000)

*Effect on 2005 EBITDA = (R6 565 000)

EBITDA is defined as Earnings before Interest, Tax, Depreciation and Amortisation. Netcare has assessed the impact of the change in interpretation and, in light of the fact that it owns the vast majority of its hospitals and other medical facilities, it advises that the impact is not material on a year on year basis.
27 Sep 2005 08:39:09
(Official Notice)
At the general meeting of shareholders of Netcare convened on Monday, 26 September 2005 all resolutions were passed except for Special Resolution 1, which was withdrawn by the directors, having regard to feedback received from shareholders.



Following the success of the general meeting, the Netcare Board is encouraged by the support given by shareholders for the Health Partners for Life transaction, an initiative which will result in meaningful transformation and strategic benefits while bringing better care and empowerment to more people of South Africa.
11 Aug 2005 16:42:45
(Official Notice)
Dr Reg Bush, Dr Ian Kadish and Mr Piet Lindeque will be resigning from the Netcare board of directors with effect from 16 September 2005. Following a period of continued employment within the group, both Dr`s Bush and Kadish will be pursuing opportunities overseas that they have been developing in their personal capacities. Mr Lindeque will continue in his capacity as a Regional Director of the Hospital Division. With specific reference to the announcement made on 16 November 2004, and in line with the group subscribing to the doctrines of good Corporate Governance and commitment to compliance with all relevant recommendations contained in the King 2 Report on Corporate Governance and the group`s transformation imperatives, suitably qualified candidates are being considered by the relevant nomination committee for appointment to the Netcare board. Further announcements will be made upon such appointments.



Shareholders are further advised that, following the announcement made on 10 May 2005, Dr Richard Friedland will be assuming the responsibility of Group Chief Executive Officer with effect from 1 September 2005. Dr Jack Shevel will continue to have a significant association with Netcare both as a Non-Executive Director of the Netcare board and as the Non-Executive Chairman of Netcare`s International subsidiary in the roll-out of the Group`s International expansion strategy.
07 Jul 2005 10:19:00
(Media Comment)
Business Day reported that Netcare subsidiary Medicross` planned merger with Primecure has been declined by the Competition Commission. The Competition Commission stated that the merger would be anti-competitive and may hinder new entrance into the market by black-owned companies.
01 Jul 2005 08:32:56
(Official Notice)
27 Jun 2005 10:36:33
(Media Comment)
Netcare has planned to spend R100m on implementing a new information technology system that Business Report said would streamline the group`s business processes.
07 Jun 2005 14:42:01
(Official Notice)
Further to the cautionary announcement dated 21 April 2005, shareholders are advised that negotiations with regard to Netcare`s proposed Broad-Based Black Economic Empowerment transaction `Health Partners for Life` are still in progress which, if successfully concluded, may have an effect on the price at which Netcare shares trade on the JSE. It is currently envisaged that the impact on shareholders in terms of earnings and net asset value per share is unlikely to be materially different from transactions of a similar nature currently being implemented in South Africa. Accordingly, shareholders are advised to exercise caution when trading in Netcare`s shares until a further announcement is made.
12 May 2005 08:46:31
(C)
Netcare`s revenue for the six month period grew by 10.9% to R3 585.9m (R3 234.9m), despite general industry pressure arising from lower inflation and continued regulatory uncertainties. Headline EPS grew by 27.4% to 25.6c (20.1c). The group`s strong cash generation was once again evidenced by a 113.4% increase in cash generated from operating activities.



Prospects

Netcare welcomes the lower pharmaceutical inflationary environment (arising partially as a consequence of selected commendable initiatives and regulations by the Minister and Department of Health) which has led to improved affordability, an encouraging sign for Government initiatives to increase the number of people who have medical insurance. Netcare and Netpartner are willingly engaging with stakeholders involved in the introduction of the Government Employees Medical Scheme (GEMS) in order to find workable and affordable healthcare solutions for all. The group has made progress on the specific items referred to in the 2004 Year End Results announcement under `key strategic and operational focus areas for 2005`. Accordingly, in the absence of any unforeseen circumstances in the South African and global economies or healthcare regulatory environment, Netcare`s business units are on track to continue during the current financial year to generate increased returns and growth for all stakeholders.



Capital distribution

The board of directors has declared an interim capital distribution, out of share premium amounting to 10c per ordinary share (7.5c per share) payable to shareholders recorded in the register of the company on Friday, 15 July 2005. This represents an increase of 33.3% over the comparative prior period.



The following dates are applicable to the distribution

*Last date to trade `cum` the capital distribution Friday, 8 July

*Trading commences `ex` the capital distribution Monday, 11 July

*Record date Friday, 15 July

*Date of payment Monday, 18 July
24-Jun-2015
(X)
Netcare, through its subsidiaries, operates the largest network of private hospitals in South Africa (SA) and the United Kingdom (UK), comprising 54 facilities in SA, four of which are public private partnerships (PPPs), and 57 facilities in the UK. The largest source of the company's revenues is derived from its private hospital base which includes hospitals, day clinics and specialised medical facilities, providing a wide range of specialised and general medical and health related services. The specialised medical facilities comprise, among others, oncology centres, cardiac units including cardiac catheterisation laboratories and electrophysiology laboratories, renal dialysis units, organ transplant units and emergency departments with accredited level one or level two trauma units. In South Africa, the company also operates the largest pre-hospital emergency medical services and primary healthcare networks. Netcare's Primary Care division offers private GP, dental, pharmaceutical and other healthcare services, occupational and wellness services through contracts with employer groups, and managed care services to medical schemes. Patients and healthcare providers residing outside SA are also offered the opportunity to benefit from Netcare emergency medical and hospital services and the company's management expertise.


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