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NTC - Network Healthcare Holdings Limited - Leveraged Bonus Scheme

Release Date: 11/12/2006 11:44
Code(s): NTC
Wrap Text

NTC - 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 On 25 February 2005, Netcare announced the implementation of a Leveraged Bonus Scheme which resulted in the following effects on 30 November 2006, pertaining to the undermentioned Directors of the Company; 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 - a) Nature of Transaction - Automatic cash settlement of European style call options - strike price 618 cents per share and cash settlement at VWAP price of 1302 cents per share - Director Nature of interest Number of ordinary shares Davis I M Direct and Beneficial 134,780 Friedland R H Direct and Beneficial 134,780 Litlhakanyane V L Direct and Beneficial 107,824 Nelson P G Direct and Beneficial 134,780 Noach R N Direct and Beneficial 134,780 Weltman N Direct and Beneficial 134,780 781,724 b) Nature of Transaction - Automatic cash settlement of personally acquired European style call options - strike price 618 cents per share and cash settlement at VWAP price of 1302 cents per share - Director Nature of interest Number of ordinary shares
Davis I M Direct and Beneficial 26,956 Friedland R H Direct and Beneficial 26,956 Nelson P G Direct and Beneficial 26,956 Noach R N Direct and Beneficial 26,956 Weltman N Direct and Beneficial 26,956 134,780 Bert Kok Assistant Group Company Secretary Tel No: (011) 301-0160 Fax No: (011) 301-0515 E-mail: bkok@netcare.co.za 11 December 2006 Sponsor: Merrill Lynch South Africa Date: 11/12/2006 11:44:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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