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LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealings in securities by a director and the company secretary and by directors of a major subsidiary

Release Date: 28/09/2018 17:26
Code(s): LHC     PDF:  
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Dealings in securities by a director and the company secretary and by directors of a major subsidiary

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 BY A DIRECTOR AND THE COMPANY SECRETARY AND BY
DIRECTORS OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the following information is
disclosed:

 Director                                  :     Petrus Phillippus van der Westhuizen
 Company                                   :     Life Healthcare Group Holdings Limited
 Nature of transaction                     :     Off-market vesting in terms of the Life Healthcare
                                                 2013 Long Term Incentive Plan (LTIP) and on-
                                                 market disposal of a portion of the Company
                                                 matched shares and Company matched rights
                                                 offer shares to cover the income tax and costs of
                                                 the transaction
 Date of transaction                       :     25 September 2018
 Number of securities                      :     5 434 (Company matched LTIP shares)*
                                                 1 859 (Company matched rights offer shares)**
 Class of securities                       :     Ordinary shares
 Selling price                             :     R25.97
 Total value of transaction                :     R189 399.21
 Nature of interest                        :     Direct beneficial
 Clearance obtained                        :     Yes

 Company Secretary                         :     Fazila Patel
 Company                                   :     Life Healthcare Group Holdings Limited
 Nature of transaction                     :     Off-market vesting in terms of the Life Healthcare
                                                 2013 Long Term Incentive Plan (LTIP) and on-
                                                 market disposal of the Company matched shares
                                                 and Company matched rights offer shares
 Date of transaction                       :     25 September 2018
 Number of securities                      :     9 435 (Company matched LTIP shares)*
                                                 3 228 (Company matched rights offer shares)**
 Class of securities                       :     Ordinary shares
 Selling price                             :     R25.97
 Total value of transaction                :     R328 858.11
 Nature of interest                        :     Direct beneficial
 Clearance obtained                        :     Yes

 Director                                  :     Kurt Aston Wylie
 Company                                   :     Life Healthcare Group (Proprietary) Limited (a
                                                 major subsidiary of the Company)
 Nature of transaction                     :     Off-market vesting in terms of the Life Healthcare
                                                 2013 Long Term Incentive Plan (LTIP) and on-
                                                 market disposal of the Company matched shares
                                                 and Company matched rights offer shares.
                                                 The director exercised his election to purchase:
                                                 4 243 Life Healthcare shares on-market at
                                                 R31.6642 per share in terms of the LTIP in
                                                 January 2016 and was awarded 5 358 matched
                                                 shares which was purchased by the Company.
                                                 These shares were restricted for two years and
                                                 vested on 31 January 2018.
 Date of transaction                       :     25 September 2018
 Number of securities                      :     5 358 (Company matched LTIP shares)
                                                 1 833 (Company matched rights offer shares)**
 Class of securities                       :     Ordinary shares
 Selling price                             :     R25.97
 Total value of transaction                :     R 186 750.27
 Nature of interest                        :     Direct beneficial
 Clearance obtained                        :     Yes

 Director                                  :     Pieter Francois Theron
 Company                                   :     Life Healthcare Group (Proprietary) Limited (a
                                                 major subsidiary of the Company)
 Nature of transaction                     :     Off-market vesting in terms of the Life Healthcare
                                                 2013 Long Term Incentive Plan (LTIP) and on-
                                                 market disposal of the company matched shares
                                                 and Company matched rights offer shares.
                                                 The director exercised his election to purchase:
                                                 6 120 Life Healthcare shares on-market at
                                                 R31.6642 per share in terms of the LTIP in
                                                 January 2016 and was awarded 7 729 matched
                                                 shares which was purchased by the company.
                                                 These shares were restricted for two years and
                                                 vested on 31 January 2018.
 Date of transaction                       :     25 September 2018
 Number of securities                      :     7 729 (Company matched LTIP shares)
                                                 2 645 (Company matched rights offer shares)**
 Class of securities                       :     Ordinary shares
 Selling price                             :     R25.97
 Total value of transaction                :     R269 412.78
 Nature of interest                        :     Direct beneficial
 Clearance obtained                        :     Yes



 *Shareholders are referred to the SENS announcement published on 26 January 2016 where shareholders were advised that the chief financial
 officer and the company secretary had purchased a number of Life Healthcare shares on-market in terms of the LTIP.
 **Shareholders are referred to the SENS announcement published on 4 April 2017 where shareholders were advised that the chief financial
 officer, the company secretary and the directors of the major subsidiary had purchased a number of Life Healthcare rights offer shares off-
 market in terms of the LTIP.


Illovo
28 September 2018

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

Date: 28/09/2018 05:26:00 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
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 information disseminated through SENS.

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