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LHC - Life Healthcare Group Holdings Limited - Dealings in securities by

Release Date: 14/03/2011 15:27
Code(s): LHC
Wrap Text

LHC - Life Healthcare Group Holdings Limited - Dealings in securities by director LIFE HEALTHCARE GROUP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2003/002733/06) ISIN: ZAE000145892 Share Code: LHC ("Life Healthcare") DEALINGS IN SECURITIES BY DIRECTOR Shareholders are referred to the announcement released on SENS on 22 June 2010 for Brimstone Investment Corporation Limited ("Brimstone"), wherein it was stated that, as a result of the unbundling of a portion of Brimstone`s interest in Health Strategic Investments Limited ("Health") and the subsequent unbundling of Health`s interest in Life Healthcare, all Brimstone shareholders received 40 Life Healthcare ordinary shares for every 100 Brimstone shares they owned. Shareholders are advised that a non-executive director of Life Healthcare, MA Brey has exercised his Brimstone share options granted through the Brimstone Share Trust. Accordingly, in compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : MA Brey Company : Life Healthcare Date of transaction : 10 March 2011 Nature of transaction : Off market exercise of Brimstone options in respect of both Brimstone
ordinary shares and "N" ordinary shares and delivery of Life Healthcare ordinary shares Class of Brimstone securities : Brimstone ordinary shares Option strike price : R9.00 Number of Brimstone securities : 27 700 Class of Brimstone securities : Brimstone "N" ordinary shares Option strike price : R5.21 Number of Brimstone securities : 49 280 Number of Life Healthcare shares received : 30 792 Price* : R15.26 Class of securities : Life Healthcare ordinary shares Total value of transaction : R469 885.92 Nature of interest : Indirect beneficial Clearance obtained : Yes *Closing price of Life Healthcare shares on 10 March 2011 Director : MA Brey Company : Life Healthcare Date of transaction : 10 March 2011 Nature of transaction : Off market transfer of securities from the Mushaky Family Trust (of which the director is a beneficiary)
Number of securities : 300 000 Class of securities : Ordinary shares Deemed price# : R15.26 Total value of transaction : R4 578 000 Nature of interest : Indirect beneficial Clearance obtained : Yes # Closing price of Life Healthcare shares on 10 March 2011 Johannesburg 14 March 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 14/03/2011 15:27:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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