LHC: LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealings in securities by a director of the company and by directors of a major subsidiary of the company
Dealings in securities by a director of the company and by directors of a major subsidiary of the company
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 OF THE COMPANY AND BY DIRECTORS OF A MAJOR SUBSIDIARY OF
THE COMPANY
In terms of the Listings Requirements of the JSE Limited, the following information is disclosed:
In 2017, the executive directors of the Company and the directors of a major subsidiary of the Company, accepted
the award of notional performance shares under the Company´s Long Term Incentive Plan ("LTIP"). Based on the
achievement of performance conditions after the three-year vesting period, a portion of these notional
performance shares has vested. The after-tax value of the notional performance has been utilized to acquire Life
Healthcare shares on the open market and these shares have now been delivered to participants, as per the rules
of the LTIP.
Director : CI Koekemoer
Company : Life Healthcare Group Proprietary Limited, a major
subsidiary of the Company
Date of transaction : 12 February 2020
Nature of transaction : Off-market delivery of vested shares in terms of the
rules of the LTIP
Class of securities : Ordinary shares
Number of vested shares delivered : 5 790
Deemed delivery price* : R25.28
Deemed transaction value : R146 371.20
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : PP Van Der Westhuizen
Company : Life Healthcare Group Holdings Limited
Date of transaction : 12 February 2020
Nature of transaction : Off-market delivery of vested shares in terms of the
rules of the LTIP
Class of securities : Ordinary shares
Number of vested shares delivered : 16 890
Deemed delivery price* : R25.28
Deemed transaction value : R426 979.20
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : KA Wylie
Company : Life Healthcare Group Proprietary Limited, a major
subsidiary of the Company
Date of transaction : 18 February 2020
Nature of transaction : Off-market delivery of vested shares in terms of the
rules of the LTIP
Class of securities : Ordinary Shares
Number of vested shares delivered : 7 998
Deemed delivery price* : R25.28
Deemed transaction value : R202 189.44
Nature of interest : Direct, beneficial
Clearance obtained : Yes
*Deemed delivery price based on the market price as at close of business on 12 February 2020.
Illovo
18 February 2020
Sponsor
RAND MERCHANT BANK (A division of First Rand Bank Limited)
Date: 18-02-2020 03:00:00
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Life Healthcare Group Holdings Limited published this content on 18 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2020 16:38:04 UTC