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NETWORK HEALTHCARE HOLDINGS LIMITED - DEALINGS IN SECURITIES BY DIRECTOR

Release Date: 13/09/2004 09:40
Code(s): NTC
Wrap Text

NETWORK HEALTHCARE HOLDINGS LIMITED - DEALINGS IN SECURITIES BY DIRECTOR 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 C Rossolimos Director of Network Healthcare Holdings Limited Date of transaction 10 September 2004 Number of shares 2,460,000 Nature of transaction Pursuant to the exercise of his share options, C Rossolimos has entered into a hedge over his shares in order to secure finance to take ownership and
delivery of the Netcare shares. The hedge comprises put and call options (an option collar) and expires 12 September 2005.
Floor price 424 cents Cap price 539 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: 13/09/2004 09:40:57 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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