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Network Healthcare Holdings Limited - Dealings In Securities By Directors

Release Date: 22/11/2004 17:12
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 Netpartner Investments Limited has entered into a derivative based equity finance transaction in terms of which it has acquired 44 million Network Healthcare Holdings Limited ordinary shares at a total purchase consideration of R211,200,000 (480 cents per share). In compliance with the requirements of Section 3.63 of the JSE Listings Requirements, the undermentioned Directors of Network Healthcare Holdings Limited will derive an indirect beneficial interest in the ordinary shares of Network Healthcare Holdings Limited, acquired by Netpartner Investments Limited, as contemplated in paragraph (a)(iv) of the aforementioned section - Name of Director Number of Ordinary Shares Dr J Shevel 578,098 Mr M I Sacks 433,573 Mrs I M Davis 96,350 Mr N Weltman 48,175 Dr R H Friedland 48,175 Dr J A van Rooyen 28,905 Dr I Kadish 18,710 Mr P J Lindeque 9,635 Mr R H Bush 9,635 Total number of ordinary 1,271,256 shares acquired Date of transaction 22 November 2004 Nature of transaction Acquisition by Netpartner Investments Ltd Price per share 480c Total value of ordinary R6,102,029 shares acquired 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: 22/11/2004 05:12:04 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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