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NETCARE LIMITED - Dealings in securities by director of major subsidiary

Release Date: 22/05/2013 16:30
Code(s): NTC     PDF:  
Wrap Text
Dealings in securities by director of major subsidiary

NETCARE LIMITED
(Co. Reg. No. 1996/008242/06)
Code: NTC
ISIN number: ZAE000011953
DEALINGS IN SECURITIES BY DIRECTOR OF MAJOR SUBSIDIARY

In terms of paragraph 3.63 – 3.65 of the Listings Requirements of the JSE Limited
(“JSE Listings Requirements”), the following transaction, in respect of which prior
written approval pursuant to paragraph 3.66 of the JSE Listing Requirements has
been obtained, is hereby disclosed.


SUBSIDIARY DIRECTOR                       I SOOMRA
NAME OF MAJOR SUBSIDIARY                  NETCARE HOSPITALS (PTY) LTD
DATE OF TRANSACTION                       20 MAY 2013
NUMBER OF SHARES                          80 000
CLASS OF SECURITY                         ORDINARY SHARES
                                          EXERCISE OF SHARE OPTIONS IN
NATURE OF TRANSACTION                     TERMS OF THE NETCARE SHARE
                                          INCENTIVE SCHEME (OFF-MARKET)
PRICE PER SHARE                           1309 CENTS
VALUE OF TRANSACTION                      R1 047 200.00
NATURE OF INTEREST                        DIRECT & BENEFICIAL



SUBSIDIARY DIRECTOR                       I SOOMRA
NAME OF MAJOR SUBSIDIARY                  NETCARE HOSPITALS (PTY) LTD
DATE OF TRANSACTION                       20 MAY 2013
NUMBER OF SHARES                          80 000
CLASS OF SECURITY                         ORDINARY SHARES
NATURE OF TRANSACTION                     SALE ON OPEN MARKET
PRICE PER SHARE                           2238 CENTS
VALUE OF TRANSACTION                      R1 790 400.00
NATURE OF INTEREST                        DIRECT & BENEFICIAL

22 MAY 2013

SPONSOR
NEDBANK CAPITAL

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