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LHG - Litha Healthcare Group Limited - Dealings in Securities

Release Date: 28/05/2010 12:31
Code(s): LHG
Wrap Text

LHG - Litha Healthcare Group Limited - Dealings in Securities LITHA HEALTHCARE GROUP LIMITED (formerly Myriad Medical Holding Limited) (Registration number 2007/006371/06); Share code: LHG, ISIN: ZAE000144671 ("Litha") DEALINGS IN SECURITIES Shareholders are advised of the following information relating to dealings in securities by an associate of directors of Litha: Name of associate: Litha Executive Share Scheme Name of directors: Martin Kahanovitz and Morena Makhoana (trustees of the Litha Executive Share Scheme) Transaction date: 27 May 2010 Class of securities: Ordinary shares Price per security: R1.22 Number of securities: 2,118,812 Total value: R2,584,950.64 Nature of transaction: Sale (off-market) Nature and extent of entity`s interest: Indirect beneficial In terms of the agreement concluded with Litha Healthcare Holdings (Pty) Ltd, the Litha Executive Share Scheme received 2,118,812 shares. It is not in the Litha Executive Share Scheme`s mandate to hold shares in any business other than Litha Healthcare Holdings (Pty) Ltd and therefore these shares have now been sold and the proceeds used to settle the liabilities that the Litha Executive Share Purchase Scheme incurred in order to obtain its initial shareholding in Litha Healthcare Holdings (Pty) Ltd. 28 May 2010 Sponsor Java Capital (Proprietary) Limited Date: 28/05/2010 12:31:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.