LHC: LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Purchase of shares by directors of a major subsidiary and award of matching shares in terms of the LTIP

2016-01-27 10:25:00
LHC: LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Purchase of shares by directors of a major subsidiary and  award of matching shares in terms of the LTIP
Purchase of shares by directors of a major subsidiary and  award of matching shares in terms of the 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")
PURCHASE OF SHARES BY DIRECTORS OF A MAJOR SUBSIDIARY AND
AWARD OF MATCHING SHARES IN TERMS OF THE LIFE HEALTHCARE 2009
LONG TERM INCENTIVE PLAN (LTIP)
In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:
Director                     :   D Scheublé
Company                      :   Life Healthcare Group
                                 (Proprietary) Limited
Nature of transaction        :   The chief operating executive-
                                 coastal has been allotted the
                                 right to 13 153 matched shares and
                                 purchased 7 760 Life Healthcare
                                 shares on-market in terms of the
                                 LTIP (these shares are restricted
                                 for two years and cannot be traded
                                 until vesting of the matched
                                 shares occurs).
Date of transaction          :   21 January 2016
Number of securities         :   20 913
Class of securities          :   Ordinary shares
Purchase price               :   R31.39
Highest price                :   R31.60
Lowest price                 :   R31.18
Total value of transaction   :   R656 459.07(of this value,
                                 R243 586.40 was paid by the
                                 director and R412 872.67 paid by
                                 the company)
Nature of interest           :   Direct Beneficial
Clearance obtained           :   Approval for the allocation and
                                 clearance to transact has been
                                 given
Director                     :   CWL Bekker
Company                      :   Life Healthcare Group
                                 (Proprietary) Limited
Nature of transaction        :   The chief operating executive-
                                 inland has been allotted the right
                                 to 14 442 matched shares and
                                 purchased 8 521 Life Healthcare
                                 shares on-market in terms of the
                                 LTIP (these shares are restricted
                                 for two years and cannot be traded
                                 until vesting of the matched
                                 shares occurs).
Date of transaction          :   21 January 2016
Number of securities         :   22 963
Class of securities          :   Ordinary shares
Purchase price               :   R31.39
Highest price                :   R31.60
Lowest price                 :   R31.18
Total value of transaction   :   R720 808.57 (of this value,
                                 R267 474.19 was paid by the
                                 director and R453 334.38 paid by
                                 the company)
Nature of interest           :   Direct Beneficial
Clearance obtained           :   Approval for the allocation and
                                 clearance to transact has been given
Illovo
27 January 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 27/01/2016 10:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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