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LITHA HEALTHCARE GROUP LIMITED - Dealings in securities by directors and disclosure of significant holding in Litha shares

Release Date: 30/12/2013 09:55
Code(s): LHG     PDF:  
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Dealings in securities by directors and disclosure of significant holding in Litha shares

Litha Healthcare Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/006371/06)
ISIN: ZAE000144671
Share code: LHG
(“LHG” or “Litha” or “the Company”)

DEALINGS IN SECURITIES BY DIRECTORS AND DISCLOSURE OF SIGNIFICANT
HOLDING IN LITHA SHARES

In accordance with the JSE Limited Listings Requirements and
Section 122 of the Companies Act 2008, shareholders are advised of
the following:

Paladin Labs Inc has increased its holding in the Company from
334 577 512 shares (61.53%) to 375 268 143 shares (67.50%).

In addition, and in accordance with he JSE Limited Listings
Requirements, the following information is disclosed:

Director:                        M Kahanovitz
Company:                         LHG

Date of transaction:             24 December 2013
Nature of transaction:           On market exercise of options
Class of securities:             Options in respect of ordinary
                                 shares
Number of options exercised:     764 706
Option strike price:             170 cents
Value of transaction:            R1 300 000

Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           764 706
Selling price:                   275 cents per share
Value of transaction:            R2 102 942
Nature of interest:              Direct beneficial
Clearance obtained:              Yes

Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           5 650 165
Selling price:                   275 cents per share
Value of transaction:            R15 537 954
Nature of interest:              Indirect beneficial
Clearance obtained:              Yes


Director:                        M Makhoana
Company:                         LHG
Date of transaction:             24 December 2013
Nature of transaction:           On market exercise of options
Class of securities:             Options in respect of ordinary
                                 shares
Number of options exercised:     764 706
Option strike price:             170 cents
Value of transaction:            R1 300 000

Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           764 706
Selling price:                   275 cents per share
Value of transaction:            R2 102 942
Nature of interest:              Direct beneficial
Clearance obtained:              Yes

Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           3 107 591
Selling price:                   275 cents per share
Value of transaction:            R8 545 875
Nature of interest:              Direct beneficial
Clearance obtained:              Yes

Director:                        S Kahanovitz
Company:                         LHG

Date of transaction:             24 December 2013
Nature of transaction:           On market exercise of options
Class of securities:             Options in respect of ordinary
                                 shares
Number of options exercised:     1 411 765
Option strike price:             170 cents
Value of transaction:            R2 400 000

Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           1 411 765
Selling price:                   275 cents per share
Value of transaction:            R3 882 354
Nature of interest:              Direct beneficial
Clearance obtained:              Yes

Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           5 654 507
Selling price:                   275 cents per share
Value of transaction:            R15 549 894
Nature of interest:              Direct beneficial
Clearance obtained:              Yes
 
Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           10 165 954
Selling price:                   275 cents per share
Value of transaction:            R27 956 374
Nature of interest:              Indirect beneficial
Clearance obtained:              Yes


Non-Executive Director:          I Jacobson
Company:                         LHG

Date of transaction:             24 December 2013
Nature of transaction:           On market exercise of options
Class of securities:             Options in respect of ordinary
                                 shares
Number of options exercised:     3 900 000
Option strike price:             158 cents
Value of transaction:            R6 162 000

Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           3 900 000
Selling price:                   275 cents per share
Value of transaction:            R10 725 000
Nature of interest:              Indirect beneficial
Clearance obtained:              Yes

Company Secretary:               B Budler
Company:                         LHG

Date of transaction:             24 December 2013
Nature of transaction:           On market exercise of options
Class of securities:             Options in respect of ordinary
                                 shares
Number of options exercised:     100 000
Option strike price:             54 cents
Value of transaction:            R54 000

Date of transaction:
                                 24 December 2013
Nature of transaction:           On market exercise of options
Class of securities:             Options in respect of ordinary
                                 shares
Number of options exercised:     392 157
Option strike price:             170 cents
Value of transaction:            R666 667
Date of transaction:             24 December 2013
Nature of transaction:           On market sale of shares
Class of securities:             Ordinary shares
Number of shares sold:           511 043
Selling price:                   275 cents per share
Value of transaction:            R1 405 368
Nature of interest:              Direct beneficial
Clearance obtained:              Yes

Midrand
30 December 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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