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NETCARE LIMITED - Dealings in securities by an associate of a director of Netcare Limited

Release Date: 01/03/2016 17:30
Code(s): NTC     PDF:  
Wrap Text
NETCARE LIMITED
(Co. Reg. No. 1996/008242/06)
Code: NTC
ISIN: ZAE000011953


SENS ' DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF NETCARE LIMITED
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.
NAME OF DIRECTOR RH FRIEDLAND
RICKYTRU TRUST OF WHICH RH FRIEDLAND IS A NAME OF ASSOCIATE
BENEFICIARY
DATE OF TRANSACTION 25 FEBRUARY 2016 NUMBER OF SHARES 384 810
CLASS OF SECURITY ORDINARY SHARES
NATURE OF TRANSACTION SALE OF SHARES ON THE OPEN MARKET AVERAGE PRICE PER SHARE R 32.6215 LOWEST PRICE PER SHARE R 32.60 HIGHEST PRICE PER SHARE R 32.79
VALUE OF TRANSACTION R12 553 079.42
NATURE OF INTEREST DIRECT AND BENEFICIAL
NAME OF DIRECTOR RH FRIEDLAND
RICKYTRU TRUST OF WHICH RH FRIEDLAND IS A NAME OF ASSOCIATE
BENEFICIARY
DATE OF TRANSACTION 26 FEBRUARY 2016 NUMBER OF SHARES 1 434 872
CLASS OF SECURITY ORDINARY SHARES
NATURE OF TRANSACTION SALE OF SHARES ON THE OPEN MARKET AVERAGE PRICE PER SHARE R 32.6442 LOWEST PRICE PER SHARE R 32.60 HIGHEST PRICE PER SHARE R 32.95
VALUE OF TRANSACTION R 46 840 248.54
NATURE OF INTEREST DIRECT AND BENEFICIAL
NAME OF DIRECTOR RH FRIEDLAND
RICKYTRU TRUST OF WHICH RH FRIEDLAND IS A NAME OF ASSOCIATE
BENEFICIARY
DATE OF TRANSACTION 29 FEBRUARY 2016 NUMBER OF SHARES 180 318
CLASS OF SECURITY ORDINARY SHARES
NATURE OF TRANSACTION SALE OF SHARES ON THE OPEN MARKET AVERAGE PRICE PER SHARE R 32.3317 LOWEST PRICE PER SHARE R 32.01 HIGHEST PRICE PER SHARE R 33.00
VALUE OF TRANSACTION R5 829 987.48
NATURE OF INTEREST DIRECT AND BENEFICIAL
RH Friedland was obliged to effect the aforementioned trades to settle financing charges and debt incurred over several years in acquiring shares and exercising share options. Pursuant to this trade RH Friedland holds 9 966 366 shares in Netcare Limited (directly and indirectly). 01 MARCH 2016 SPONSOR Deutsche Securities (SA) Proprietary Limited
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