LHC: LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealing in securities by director and company secretary: acceptance of rights to participate in LTIP

2016-03-24 14:47:00
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'). 
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