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Network Healthcare Holdings Limited - Leveraged Bonus Scheme

Release Date: 07/12/2005 15:47
Code(s): NTC
Wrap Text

Network Healthcare Holdings Limited - Leveraged Bonus Scheme NETWORK HEALTHCARE HOLDINGS LIMITED (Co. Reg. No. 1996/004282/06) Code: NTC ISIN number: ZAE000011953 LEVERAGED BONUS SCHEME In terms of paragraph 3.63 - 3.65 of the Listings Requirements of JSE Limited ("JSE Listings Requirements"), the following transactions, in respect of which prior written approval pursuant to paragraph 3.66 of the JSE Listing Requirements has been obtained, are hereby disclosed - On 25 February 2005, Netcare announced the implementation of a Leveraged Bonus Scheme which resulted in transactions on 30 November 2005 as follows - a) Nature of Transaction - Automatic cash settlement of European style call options - strike price 567 cents per share and cash settlement at VWAP price of 683.5 cents per share - Director Nature of interest Number of ordinary shares Davis I M Direct and Beneficial 264,746 Friedland RH Direct and Beneficial 264,746 Litlhakanyan Direct and Beneficial 211,797 e VL Nelson P G Direct and Beneficial 264,746 Weltman N Direct and Beneficial 264,746 1,270,781 b) Nature of Transaction - Automatic cash settlement of personally acquired European style call options - strike price 567 cents per share and cash settlement at VWAP price of 683.5 cents per share - Director Nature of Number of ordinary interest shares Davis I M Direct and 52,949 Beneficial
Friedland RH Direct and 52,949 Beneficial Nelson P G Direct and 52,949 Beneficial
Weltman N Direct and 52,949 Beneficial 211,796 JOEL WOLPERT Group Company Secretary Tel No: (011) 301-0213 Fax No: (011) 301-0481 E-mail: joel.wolpert@netcare.co.za 7 December 2005 Date: 07/12/2005 03:47:13 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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