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Network Healthcare Holdings Limited - Dealings in securities by directors

Release Date: 29/09/2006 11:28
Code(s): NTC
Wrap Text

Network Healthcare Holdings Limited - Dealings in securities by directors NETWORK HEALTHCARE HOLDINGS LIMITED ("Netcare" or "the Company") (Co. Reg. No. 1996/004282/06) Code: NTC ISIN number: ZAE000011953 DEALINGS IN SECURITIES BY DIRECTORS In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the 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. NAME OF DIRECTOR P G Nelson DATE OF TRANSACTION 29 SEPTEMBER 2006 NUMBER OF SHARES 114 600 CLASS OF SECURITY ORDINARY SHARES NATURE OF TRANSACTION SALE PRICE PER SHARE 1250 CENTS NATURE OF INTEREST INDIRECT & NON-BENEFICIAL NAME OF DIRECTOR V L J LITLHAKANYANE DATE OF TRANSACTION 29 SEPTEMBER 2006 NUMBER OF SHARES 61 700 CLASS OF SECURITY ORDINARY SHARES NATURE OF TRANSACTION SALE PRICE PER SHARE 1250 CENTS NATURE OF INTEREST DIRECT & BENEFICIAL Reason for sale: Pursuant to the scheme of arrangement proposed by Netcare in terms of section 311 of the Companies Act, No. 61 of 1973 ("Companies Act"), as amended, between Netpartner and its shareholders, other than Netcare and its subsidiaries ("the scheme"), which became operative on Tuesday, 26 September 2006, the abovementioned Directors of the Company have disposed of Netcare shares in order to finance their obligations to Netcare with regard to the acquisition of Netcare shares pursuant to the scheme, as reported on SENS on 27 September 2006. JOEL WOLPERT Company Secretary Tel No: (011) 301-0213 Fax No: (011) 301-0481 E-mail joel.wolpert@netcare.co.za 29 September 2006 Date: 29/09/2006 11:28:25 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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