NETCARE LIMITED - Dealings in securities by a director of NetcareRelease Date: 22/05/2019 16:26:00 Code(s): NTC NTCP PDF(s):
Dealings in securities by a director of Netcare
(Registration No. 1996/008242/06)
JSE Preference share code: NTCP
SENS – DEALINGS IN SECURITIES BY A DIRECTOR OF NETCARE
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.
As a result of the recent decline in Netcare’s share price, Dr Richard Friedland (Dr Friedland)
was obliged to effect the trades outlined below in order to balance the cost of acquisition and
related finance charges arising from the purchase of his shares and the exercising of share
options over several years, against the current value of the share.
The board wishes to confirm that Dr Friedland remains absolutely committed to Netcare. Dr
Friedland has confirmed his intention to remain in office as CEO to oversee the implementation
of the revised strategy, a key component of which is digitisation, until at least the end of 2022.
DIRECTOR RH FRIEDLAND
COMPANY NETCARE LIMITED
CLASS OF SECURITY ORDINARY SHARES
NATURE OF TRANSACTION SALE OF SHARES (OPEN MARKET)
DATE OF TRANSACTION 20 MAY 2019
NUMBER OF SHARES 1 347 514
HIGH PRICE PER SHARE R20.17
AVERAGE PRICE PER SHARE R20.0184
LOW PRICE PER SHARE R20.00
VALUE OF TRANSACTION R26 975 074.26
DATE OF TRANSACTION 21 MAY 2019
NUMBER OF SHARES 9 075 649
HIGH PRICE PER SHARE R20.03
AVERAGE PRICE PER SHARE R19.0857
LOW PRICE PER SHARE R19.00
VALUE OF TRANSACTION R173 215 114.12
NATURE OF INTEREST DIRECT & BENEFICIAL
22 MAY 2019
Nedbank Corporate and Investment Banking
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