To view the PDF file, sign up for a MySharenet subscription.

LIFE HEALTHCARE GROUP HOLDINGS LTD - Dealings in securities by director

Release Date: 11/03/2015 09:51
Code(s): LHC     PDF:  
Wrap Text
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 and chairman of the
board 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              :   9 March 2015
Nature of transaction            :   Off market exercise of
                                     Brimstone options in respect
                                     of Brimstone 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
Number of Life Healthcare
shares received                  :   11 080

Price*                           :   R45.70
Class of securities              :   Life Healthcare ordinary
                                     shares
 Total value of transaction      :   R506 356
 Nature of interest              :   Indirect beneficial
 Clearance obtained              :   Yes
*Closing price of Life Healthcare shares on 9 March 2015


Illovo
11 March 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 11/03/2015 09:51:00 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.

Share This Story