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Network Healthcare Holdings Limited - Dealings In Securities By Directors

Release Date: 10/09/2004 14:34
Code(s): NTC
Wrap Text

Network Healthcare Holdings Limited - Dealings In Securities By Directors NETWORK HEALTHCARE HOLDINGS LIMITED (Co. Reg. No. 1996/004282/06) Code : NTC ISIN number : ZAE000011953 DEALINGS IN SECURITIES BY DIRECTORS In terms of paragraph 3.63 - 3.74 of the Listings Requirements of the JSE Securities Exchange South Africa, the following information is disclosed: Name of director N Weltman Director of Network Healthcare Holdings Limited Date of transaction 9 September 2004 Number of shares 3,250,000 Nature of N Weltman has entered into a hedge over his shares transaction in order to secure finance. The hedge comprises put and call options (an option collar) and expires 9 September 2005.
Floor price 434 cents Cap price 552 cents Class of security Ordinary Nature of interest Direct and beneficial Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange South Africa Listings Requirements has been obtained. JOEL WOLPERT Company Secretary Tel No : (011) 301-0213 Fax No : (011) 301-0481 E-mail jwolpert@ho.netcare.co.za Date: 10/09/2004 02:34:15 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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