LHC: LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealing in securities by director and company secretary: acceptance of rights to participate in LTIP Dealing in securities by director and company secretary: acceptance of rights to participate in LTIP 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") DEALING IN SECURITIES BY DIRECTOR AND COMPANY SECRETARY: ACCEPTANCE OF RIGHTS TO PARTICIPATE IN LONG TERM INCENTIVE PLAN In terms of the Listings Requirements of the JSE Limited, the following information is disclosed: On 24 March 2016, Executive Directors and the Company Secretary of Life Healthcare accepted rights to participate in the Company´s Long Term Incentive Plan. Conditional awards in respect of ordinary shares made in terms of the rules of the Long Term Incentive Plan are made and accepted off market, are subject to specified performance conditions measured over a period of three years and will vest if such conditions are met at the end of the three year performance period. The allocations below have been approved by the Remuneration and Human Resources Committee of the Company. The 30-day VWAP used to value the Life Healthcare ordinary shares the subject of the conditional awards is R34.578. Director : A Meyer Number of conditional awards : 119 916 Deemed transaction valued based on : R4 146 551 grant date applying the 30-day VWAP Nature of interest : Direct Beneficial Director : PP van der Westhuizen Number of conditional awards : 40 620 Deemed transaction valued based on : R1 1 404 563 grant date applying the 30-day VWAP Nature of interest : Direct Beneficial Company Secretary : F Patel Number of conditional awards : 18 740 Deemed transaction valued based on : R648 026 grant date applying the 30-day VWAP Nature of interest : Direct Beneficial Illovo 24 March 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24/03/2016 02:47:00 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 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Source: JSE News Service (SENS)
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