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NETCARE LIMITED - Posting of circular and notice of general meeting

Release Date: 11/06/2015 16:00
Code(s): NTC     PDF:  
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Posting of circular and notice of general meeting

Netcare Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/008242/06)
Share Code: NTC
ISIN: ZAE000011953
(“Netcare”)

POSTING OF CIRCULAR RELATING TO NETCARE’S PROPOSED RESTUCTURE OF ITS HEALTH
PARTNERS FOR LIFE BLACK ECONOMIC EMPOWERMENT (“BEE”) TRANSACTION
(“TRANSACTION”) AND NOTICE OF GENERAL MEETING

Shareholders are referred to the announcement released on the Stock Exchange News Service (“SENS”) on
3 June 2015, in which they were advised that Netcare has entered into agreements to implement the
Transaction.

Shareholders are advised that a circular, setting out, inter alia, the terms of the Transaction and
incorporating a Notice of General Meeting convening a General Meeting of Netcare shareholders in order to
consider and, if deemed fit, to pass the ordinary and special resolutions necessary to authorise and
implement the Transaction, will be posted to shareholders today, Thursday, 11 June 2015 (“the Circular”).

The salient dates pertaining to the General Meeting and implementation of the Transaction, also contained in
the Circular, are as follows:

EVENT                                                                                                            2015
Record date to determine which shareholders are eligible to receive the Circular                       Friday, 5 June

Circular posted to Netcare shareholders on                                                          Thursday, 11 June

Last day to trade in order to be eligible to attend and vote at the General Meeting                   Friday, 26 June
on

Voting record date to determine which shareholders are entitled to attend and vote                     Friday, 3 July
at the General Meeting on

Last day for shareholders to lodge forms of proxy for the General Meeting by                        Wednesday, 8 July
10:00 on (Refer to Note 1 below)

Last date and time for Netcare shareholders to give written notice to Netcare                         Friday, 10 July
objecting to the special resolution approving the Transaction by 10:00

General Meeting to be held at 10:00 on                                                                Friday, 10 July

Results of the General Meeting released on SENS on                                                    Friday, 10 July

Results of the General Meeting published in the South African press on                                Monday, 13 July

Expected date of receipt of compliance certificate from the Takeover Regulation                      Tuesday, 14 July
Panel

Expected implementation date of the specific repurchase (Refer to Note 2 below)                    Wednesday, 15 July

Expected termination of listing of Netcare shares repurchased on the JSE at the                    Thursday, 16 July
commencement of trading on or about

Last day for Netcare to send objecting Netcare shareholders notices of adoption                     Tuesday, 21 July
of the special resolution approving the specific repurchase (Refer to Note 2 below)

Notes:
1. Shareholders are advised that the voting blocks to the proxy form on page 75 of the Circular contain a typographical
   error. The description for ordinary resolution number 2 in the voting block should read “Specific issue of shares to
   PPT” and not to “Specific issue of shares to PCT”.
2. The specific repurchase by Netcare of all of the ordinary issued shares in Netcare held by Netcare Health Partners
   For Life Finance Company Proprietary Limited and The Patient Care and Passionate People Finance Company
   Proprietary Limited.

Sandton
11 June 2015

Financial adviser and transaction sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Legal adviser to Netcare
Edward Nathan Sonnenbergs Inc

Independent reporting accountants and auditors
Grant Thornton

Independent expert
BDO Corporate Finance Proprietary Limited

Sponsor
Nedbank

Date: 11/06/2015 04:00:00 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.

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