LIFE HEALTHCARE GROUP HOLDINGS LTD - Election to purchase shares by a director in terms of the Life Healthcare 2009 Long Term Incentive Plan

Election to purchase shares by a director in terms of the Life Healthcare 2009 Long Term Incentive Plan

LIFE HEALTHCARE GROUP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2003/002733/06)
ISIN: ZAE000145892
Share Code: LHC
(“Life Healthcare” or “the company”)

ELECTION TO PURCHASE SHARES BY A DIRECTOR IN TERMS OF THE LIFE HEALTHCARE 2009 LONG
TERM INCENTIVE PLAN (LTIP)

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

Director                      :   Andre Meyer
Company                       :   Life Healthcare Group Holdings Limited
Nature of transaction         :   In terms of the LTIP, the chief executive officer has been
                                  allocated a number of appreciation units and a number of
                                  performance units which are subject to specific performance
                                  criteria. The allocations will vest on 1 January 2017. In terms of
                                  the revised rules of the scheme, the participant must exercise
                                  the election to co-i vest i the compa y’s shares or receive a
                                  cash payment at the time that the allocation is made. The chief
                                  financial officer has exercised his election to purchase a number
                                  of Life Healthcare shares on-market in January 2017 in terms of
                                  the LTIP and will be awarded a number of matched shares to be
                                  purchased by the company*
Date of election              :   20 March 2014
Class of securities           :   Ordinary shares
Total value of transaction    :   This will be determined on 1 January 2017
Nature of interest            :   Direct Beneficial (shares purchased by the director) and Indirect
                                  Beneficial (shares purchased by the company)
Clearance obtained            :   Approval for the allocation and clearance to transact has been
                                  given


*A further announcement confirming the exact number of shares purchased and the
purchase price will be issued once the trades have been concluded.


Illovo
1 April 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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