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NETCARE LIMITED - Dealings in securities by directors and company secretary of Netcare Limited and directors of major subsidiaries

Release Date: 17/02/2017 17:00
Code(s): NTC     PDF:  
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Dealings in securities by directors and company secretary of Netcare Limited and directors of major subsidiaries

NETCARE LIMITED
(Co. Reg. No. 1996/008242/06)
Code: NTC
ISIN number: ZAE000011953

SENS – DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY
SECRETARY OF NETCARE LIMITED AND DIRECTORS OF MAJOR
SUBSIDIARIES

In terms of paragraph 3.63 – 3.65 of the Listings Requirements of the JSE Limited
(“JSE Listings Requirements”), the following transactions are hereby disclosed. The
required prior clearance for these trades has been obtained.

DIRECTOR                                    RH FRIEDLAND
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         15 FEBRUARY 2017
NUMBER OF SHARES                            90 230
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       SALE OF SHARES (OPEN MARKET)
AVERAGE PRICE PER SHARE                     R32.5027
LOWEST PRICE PER SHARE                      R32.45
HIGHEST PRICE PER SHARE                     R32.55
VALUE OF TRANSACTION                        R2 932 718.62
NATURE OF INTEREST                          DIRECT & BENEFICIAL

DIRECTOR                                    RH FRIEDLAND
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         15 FEBRUARY 2017
NUMBER OF SHARES                            218 528
CLASS OF SECURITY                           ORDINARY SHARES
                                            ACCEPTANCE OF SHARES BY
                                            PARTICIPANTS TO BE ACQUIRED AT
NATURE OF TRANSACTION                       FUTURE VESTED PERIODS IN TERMS
                                            OF THE FORFEITABLE SHARE
                                            SCHEME
STRIKE PRICE PER SHARE                      1773.372c
VESTING PRICE PER SHARE                     R32.5027
VALUE OF TRANSACTION                        R7 102 750.02
NATURE OF INTEREST                          DIRECT & BENEFICIAL

DIRECTOR                                    KN GIBSON
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         15 FEBRUARY 2017
NUMBER OF SHARES                            35 231
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       SALE OF SHARES (OPEN MARKET)
AVERAGE PRICE PER SHARE                     R32.5027
LOWEST PRICE PER SHARE                      R32.45
HIGHEST PRICE PER SHARE                     R32.55
VALUE OF TRANSACTION                        R1 145 102.62
NATURE OF INTEREST                          DIRECT & BENEFICIAL

DIRECTOR                                    KN GIBSON
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         15 FEBRUARY 2017
NUMBER OF SHARES                            85 300
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       ACCEPTANCE OF SHARES BY
                            PARTICIPANTS TO BE ACQUIRED AT
                            FUTURE VESTED PERIODS IN TERMS
                            OF THE FORFEITABLE SHARE
                            SCHEME
STRIKE PRICE PER SHARE      1773.372c
VESTING PRICE PER SHARE     R32.5027
VALUE OF TRANSACTION        R2 772 480.31
NATURE OF INTEREST          DIRECT & BENEFICIAL

COMPANY SECRETARY           L BAGWANDEEN
COMPANY                     NETCARE LIMITED
DATE OF TRANSACTION         15 FEBRUARY 2017
NUMBER OF SHARES            15 741
CLASS OF SECURITY           ORDINARY SHARES
NATURE OF TRANSACTION       SALE OF SHARES (OPEN MARKET)
AVERAGE PRICE PER SHARE     R32.5027
LOWEST PRICE PER SHARE      R32.45
HIGHEST PRICE PER SHARE     R32.55
VALUE OF TRANSACTION        R511 625.00
NATURE OF INTEREST          DIRECT & BENEFICIAL

COMPANY SECRETARY           L BAGWANDEEN
COMPANY                     NETCARE LIMITED
DATE OF TRANSACTION         15 FEBRUARY 2017
NUMBER OF SHARES            38 062
CLASS OF SECURITY           ORDINARY SHARES
                            ACCEPTANCE OF SHARES BY
                            PARTICIPANTS TO BE ACQUIRED AT
NATURE OF TRANSACTION       FUTURE VESTED PERIODS IN TERMS
                            OF THE FORFEITABLE SHARE
                            SCHEME
STRIKE PRICE PER SHARE      1773.372c
A VESTING PRICE PER SHARE   R32.5027
VALUE OF TRANSACTION        R1 237 117.76
NATURE OF INTEREST          DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR         J DU PLESSIS
COMPANY                     NETCARE HOSPITALS
DATE OF TRANSACTION         15 FEBRUARY 2017
NUMBER OF SHARES            28 294
CLASS OF SECURITY           ORDINARY SHARES
NATURE OF TRANSACTION       SALE OF SHARES (OPEN MARKET)
AVERAGE PRICE PER SHARE     R32.5027
LOWEST PRICE PER SHARE      R32.45
HIGHEST PRICE PER SHARE     R32.55
VALUE OF TRANSACTION        R919 631.39
NATURE OF INTEREST          DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR         J DU PLESSIS
COMPANY                     NETCARE HOSPITALS
DATE OF TRANSACTION         15 FEBRUARY 2017
NUMBER OF SHARES            68 498
CLASS OF SECURITY           ORDINARY SHARES
                            ACCEPTANCE OF SHARES BY
                            PARTICIPANTS TO BE ACQUIRED AT
NATURE OF TRANSACTION       FUTURE VESTED PERIODS IN TERMS
                            OF THE FORFEITABLE SHARE
                            SCHEME
STRIKE PRICE PER SHARE      1773.372c
VESTING PRICE PER SHARE     R32.5027
VALUE OF TRANSACTION        R2 226 369.94
NATURE OF INTEREST        DIRECT & BENEFICIAL



SUBSIDIARY DIRECTOR       N PHILLIPSON
COMPANY                   NETCARE HOSPITALS
DATE OF TRANSACTION       15 FEBRUARY 2017
NUMBER OF SHARES          15 727
CLASS OF SECURITY         ORDINARY SHARES
NATURE OF TRANSACTION     SALE OF SHARES (OPEN MARKET)
AVERAGE PRICE PER SHARE   R32.5081
LOWEST PRICE PER SHARE    R32.49
HIGHEST PRICE PER SHARE   R32.51
VALUE OF TRANSACTION      R511 169.96
NATURE OF INTEREST        DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR       N PHIILLIPSON
COMPANY                   NETCARE HOSPITALS
DATE OF TRANSACTION       15 FEBRUARY 2017
NUMBER OF SHARES          38 062
CLASS OF SECURITY         ORDINARY SHARES
                          ACCEPTANCE      OF    SHARES   BY
                          PARTICIPANTS TO BE ACQUIRED AT
NATURE OF TRANSACTION     FUTURE VESTED PERIODS IN TERMS
                          OF     THE    FORFEITABLE   SHARE
                          SCHEME
STRIKE PRICE PER SHARE    1773.372c
VESTING PRICE PER SHARE   R32.5027
VALUE OF TRANSACTION      R1 237 117.76
NATURE OF INTEREST        DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR       C GRINDELL
COMPANY                   NETCARE HOSPITALS
DATE OF TRANSACTION       15 FEBRUARY 2017
NUMBER OF SHARES          13 886
CLASS OF SECURITY         ORDINARY SHARES
NATURE OF TRANSACTION     SALE OF SHARES (OPEN MARKET)
AVERAGE PRICE PER SHARE   R32.5081
LOWEST PRICE PER SHARE    R32.5081
HIGHEST PRICE PER SHARE   R32.5081
VALUE OF TRANSACTION      R451 407.47
NATURE OF INTEREST        DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR       C GRINDELL
COMPANY                   NETCARE HOSPITALS
DATE OF TRANSACTION       15 FEBRUARY 2017
NUMBER OF SHARES          13 886
CLASS OF SECURITY         ORDINARY SHARES
                          ACCEPTANCE     OF   SHARES   BY
                          PARTICIPANTS TO BE ACQUIRED AT
NATURE OF TRANSACTION     FUTURE VESTED PERIODS IN TERMS
                          OF     THE  FORFEITABLE   SHARE
                          SCHEME
STRIKE PRICE PER SHARE    1773.372c
VESTING PRICE PER SHARE   R32.5081
VALUE OF TRANSACTION      R451 407.48
NATURE OF INTEREST        DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR       P WARRENER
COMPANY                   GENERAL HEALTHCARE GROUP
DATE OF TRANSACTION                             15 FEBRUARY 2017
NUMBER OF SHARES                                54 757
CLASS OF SECURITY                               ORDINARY SHARES
NATURE OF TRANSACTION                           SALE OF SHARES (OPEN MARKET)
AVERAGE PRICE PER SHARE                         R32.5081
VALUE OF TRANSACTION                            R1 780 046.03
NATURE OF INTEREST                              DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR                             P WARRENER
COMPANY                                         GENERAL HEALTHCARE GROUP
DATE OF TRANSACTION                             15 FEBRUARY 2017
NUMBER OF SHARES                                54 757
CLASS OF SECURITY                               ORDINARY SHARES
                                                ACCEPTANCE      OF    SHARES   BY
                                                PARTICIPANTS TO BE ACQUIRED AT
NATURE OF TRANSACTION                           FUTURE VESTED PERIODS IN TERMS
                                                OF     THE    FORFEITABLE   SHARE
                                                SCHEME
STRIKE PRICE PER SHARE                          1773.372c
VESTING PRICE PER SHARE                         R32.5081
VALUE OF TRANSACTION                            R1 780 046.03
NATURE OF INTEREST                              DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR                             M DA COSTA
COMPANY                                         GENERAL HEALTHCARE GROUP
DATE OF TRANSACTION                             15 FEBRUARY 2017
NUMBER OF SHARES                                21 370
CLASS OF SECURITY                               ORDINARY SHARES
NATURE OF TRANSACTION                           SALE OF SHARES (OPEN MARKET)
AVERAGE PRICE PER SHARE                         R32.5027
LOWEST PRICE PER SHARE                          R32.45
HIGHEST PRICE PER SHARE                         R32.55
VALUE OF TRANSACTION                            R694 582.69
NATURE OF INTEREST                              DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR                             M DA COSTA
COMPANY                                         GENERAL HEALTHCARE GROUP
DATE OF TRANSACTION                             15 FEBRUARY 2017
NUMBER OF SHARES                                51 728
CLASS OF SECURITY                               ORDINARY SHARES
                                                ACCEPTANCE      OF    SHARES   BY
                                                PARTICIPANTS TO BE ACQUIRED AT
NATURE OF TRANSACTION                           FUTURE VESTED PERIODS IN TERMS
                                                OF     THE    FORFEITABLE   SHARE
                                                SCHEME
STRIKE PRICE PER SHARE                          1773.372c
VESTING PRICE PER SHARE                         R32.5027
VALUE OF TRANSACTION                            R1 681 299.66
NATURE OF INTEREST                              DIRECT & BENEFICIAL

The period of exercise and / or vesting is as follows:
-   1 December 2015;
-   1 December 2016; and
-   1 December 2017.

17 February 2017
SPONSOR
Deutsche Securities (SA) Proprietary Ltd

Date: 17/02/2017 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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