LHC: LIFE HEALTHCARE GROUP HOLDINGS LTD - Acceptance of rights to participate in long term incentive plan Acceptance of rights to participate in long term incentive plan 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") 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 16 September 2015, 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 off market and 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 shares is R37.1436 Director : André Meyer Number of conditional awards : 108 180 Deemed valued based on grant date : R4 018 194.65 applying the 30-day VWAP Nature of interest : Direct Beneficial Director : Petrus Phillippus van der Westhuizen Number of conditional awards : 43 126 Deemed valued based on grant date : R1 601 854.89 applying the 30-day VWAP Nature of interest : Direct Beneficial Company Secretary : Fazila Patel Number of conditional awards : 18 376 Deemed valued based on grant date : R682 550.79 applying the 30-day VWAP Nature of interest : Direct Beneficial Clearance obtained : Approval for the allocations has been granted Illovo 17 September 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 17/09/2015 04:00:00 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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