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LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealings in securities pursuant to the rights offer

Release Date: 04/04/2017 09:34
Code(s): LHC     PDF:  
Wrap Text
Dealings in securities pursuant to the rights offer

LIFE HEALTHCARE GROUP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2003/002733/06)
ISIN: ZAE000145892
Share Code: LHC
(“Life Healthcare” or “the Company”)


DEALINGS IN SECURITIES PURSUANT TO THE RIGHTS OFFER

In compliance with the JSE Limited Listings Requirements, the following directors of the
Company, their associates, the company secretary, and directors of major subsidiaries of
the Company, have, on 31 March 2017, elected to follow their rights pursuant to the
Rights Offer by Life Healthcare, as announced on the Stock Exchange News Service on 23
March 2017 and further detailed in the circular to shareholders dated 28 March 2017. The
Rights Offer shares will be issued on 18 April 2017.

In terms of the Rights Offer, 367 346 939 Rights Offer shares were offered to Life
Healthcare shareholders in the ratio of 34.21659 new Rights Offer shares for every 100
shares held at the close of trade on Friday, 31 March 2017 at a price of R24.50 per Rights
Offer share.

Name of Director                                 :     Mustaq Ahmed Brey
Company                                          :     Life Healthcare Group Holdings Limited
Nature of transaction                            :     Off-market purchase of shares in terms
                                                       of the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     244 613
Rights Offer price                               :     R24.50
Total value of the transaction                   :     R5 993 018.50
Nature of interest                               :     Direct beneficial

Name of Director                                 :     Mustaq Ahmed Brey
Company                                          :     Life Healthcare Group Holdings Limited
Entity                                           :     Breyfin (Pty) Ltd
Nature of transaction                            :     Off-market purchase of shares in terms
                                                       of the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     1 791 994
Rights Offer price                               :     R24.50
Total value of transaction                       :     R43 903 853
Nature of interest                               :     Indirect beneficial

Name of director                                 :     Mustaq Ahmed Brey
Company                                          :     Life Healthcare Group Holdings Limited
Entity                                           :     H Investments No 157 (Pty) Ltd
Nature of transaction                            :     Off-market purchase of shares in terms
                                                       of the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     19 995
Rights Offer price                               :     R24.50
Total value of transaction                       :     R489 877.50
Nature of interest                               :     Indirect beneficial

Name of Director                                 :     Mustaq Ahmed Brey
Company                                          :     Life Healthcare Group Holdings Limited
Entity                                           :     Pro One Investments (Pty) Ltd
Nature of transaction                            :     Off-market purchase of shares in terms
                                                       of the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     83 713
Rights Offer price                               :     R24.50
Total value of transaction                       :     R2 050 968.50
Nature of Interest                               :     Indirect beneficial

Name of Director                                 :     Mustaq Ahmed Brey
Company                                          :     Life Healthcare Group Holdings Limited
Entity                                           :     Brimstone Manco (Pty) Ltd
Nature of transaction                            :     Off-market purchase of shares in terms
                                                       of the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     4 308
Rights Offer price                               :     R24.50
Total value of transaction                       :     R105 546
Nature of interest                               :     Indirect beneficial

Director                                         :     Mustaq Ahmed Brey
Company                                          :     Life Healthcare Group Holdings Limited
Associate                                        :     Hamida Brey (spouse)
Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     24 509
Rights Offer price                               :     R24.50
Total value of transaction                       :     R600 470.50
Nature of interest                               :     Dealings by an associate

Name of Director                                 :     Peter John Golesworthy
Company                                          :     Life Healthcare Group Holdings Limited
Nature of transaction                            :     Off-market purchase of shares in terms
                                                       of the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     7 856
Rights Offer price                               :     R24.50
Total value of transaction                       :     R192 472
Nature of interest                               :     Direct beneficial

Name of Director                                 :     Garth Charles Solomon
Company                                          :     Life Healthcare Group Holdings Limited
Nature of transaction                            :     Off-market purchase of shares in terms
                                                       of the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     36 611
Rights Offer price                               :     R24.50
Total value of transaction                       :     R896 969.50
Nature of interest                               :     Direct beneficial

Name of Director                                 :     André Meyer
Company                                          :     Life Healthcare Group Holdings Limited
Nature of transaction                            :     Off-market purchase of shares in terms
                                                       of the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     1 102
Rights Offer price                               :     R24.50
Total value of transaction                       :     R26 999
Nature of interest                               :     Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the the Rights Offer in respect of the Long
                                                       Term Incentive Plan co-investment shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     7 458
Rights Offer price                               :     R24.50
Total value of transaction                       :     R182 721
Nature of transaction                                  Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer in respect of the Long Term
                                                       Incentive Plan company matched shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     12 639
Rights Offer price                               :     R24.50
Total value of transaction                       :     R309 655.50
Nature of interest                               :     Direct beneficial

Director                                         :     Petrus Phillippus van der Westhuizen
Company                                          :     Life Healthcare Group Holdings Limited
Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     32 277
Rights Offer price                               :     R24.50
Total value of transaction                       :     R790 786.50
Nature of interest                               :     Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer in respect of the Long Term
                                                       Incentive Plan co-investment shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     4 932
Rights Offer price                               :     R24.50
Total value of transaction                       :     R120 834
Nature of transaction                                  Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the the Rights Offer in respect of the Long
                                                       Term Incentive Plan company matched
                                                       shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     8 357
Rights Offer price                               :     R24.50
Total value of transaction                       :     R204 746.50
Nature of interest                               :     Direct beneficial

Director                                         :     Petrus Phillippus van der Westhuizen
Company                                          :     Life Healthcare Group Holdings Limited
Associate                                        :     Cornelia van der Westhuizen (spouse)
Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     1 232
Rights Offer price                               :     R24.50
Total value of transaction                       :     R30 184
Nature of interest                               :     Dealings by an associate

Company Secretary                                :     Fazila Patel
Company                                          :     Life Healthcare Group Holdings Limited
Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     72 697
Rights Offer price                               :     R24.50
Total value of transaction                       :     R1 781 076.50
Nature of interest                               :     Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer in respect of the Long Term
                                                       Incentive Plan co-investment shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     3 440
Rights Offer price                               :     R24.50
Total value of transaction                       :     R84 280
Nature of interest                               :     Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the the Rights Offer in respect of the Long
                                                       Term Incentive Plan company matched
                                                       shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     5 830
Rights Offer price                               :     R24.50
Total value of transaction                       :     R142 835
Nature of interest                               :     Direct beneficial


Director                                         :     Kurt Aston Wylie
Company                                          :     Life Healthcare Group (Proprietary) Limited,
                                                       a major subsidiary of the Company
Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer in respect of the Long Term
                                                       Incentive Plan co-investment shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     1 866
Rights Offer price                               :     R24.50
Total value of transaction                       :     R45 717
Nature of interest                                     Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the the Rights Offer in respect of the Long
                                                       Term Incentive Plan company matched
                                                       shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     3 162
Rights Offer price                               :     R24.50
Total value of transaction                       :     R77 469
Nature of interest                               :     Direct beneficial

Director                                         :     Kurt Aston Wylie
Company                                          :     Life Healthcare Group (Proprietary) Limited,
                                                       a major subsidiary of the Company
Associate                                        :     Matthew Wylie (son)
Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     176
Rights Offer price                               :     R24.50
Total value of transaction                       :     R4 312
Nature of interest                               :     Dealings by an associate

Director                                         :     Pieter Francois Theron
Company                                          :     Life Healthcare Group (Proprietary) Limited,
                                                       a major subsidiary of the Company
Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     14 092
Rights Offer price                               :     R24.50
Total value of transaction                       :     R345 254
Nature of interest                               :     Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer in respect of the Long Term
                                                       Incentive Plan co-investment shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     2 820
Rights Offer price                               :     R24.50
Total value of transaction                       :     R69 090
Nature of interest                               :     Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer in respect of the Long Term
                                                       Incentive Plan company matched shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     4 780
Rights Offer price                               :     R24.50
Total value of transaction                       :     R117 110
Nature of interest                               :     Direct beneficial

Director                                         :     Christoffel Lourens Welthagen Bekker
Company                                          :     Life Healthcare Group (Proprietary) Limited,
                                                       a major subsidiary of the Company
Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the Rights Offer in respect of the Long Term
                                                       Incentive Plan co-investment shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     5 292
Rights Offer price                               :     R24.50
Total value of transaction                       :     R129 654
Nature of interest                               :     Direct beneficial

Nature of transaction                            :     Off-market purchase of shares in terms of
                                                       the the Rights Offer in respect of the Long
                                                       Term Incentive Plan company matched
                                                       shares
Class of securities                              :     Ordinary shares offered in terms of the
                                                       Rights Offer
Number of securities                             :     8 969
Rights Offer price                               :     R24.50
Total value of transaction                       :     R219 740.50
Nature of interest                               :     Direct beneficial

Clearance to deal was obtained for the above transactions.

Illovo
4 April 2017

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

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