LHC: LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealing in securities by director, company secretary & directors of major subsidiary

2017-03-31 16:46:00
LHC: LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealing in securities by director, company secretary & directors of major subsidiary
Dealing in securities by director, company secretary & directors of major subsidiary
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 AND BY DIRECTORS OF A MAJOR
SUBSIDIARY: 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 31 March 2017, Executive Directors and the Company Secretary of Life Healthcare and the directors of a major
subsidiary accepted rights to participate in the Company┬┤s Long Term Incentive Plan. Conditional awards in
respect of ordinary shares in terms of the rules of the Long Term Incentive Plan are made and accepted off
market, 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 R31.5879.
Director                                     :          A Meyer
Company                                      :          Life Healthcare Group Holdings Limited
Number of conditional awards                            138 762
Deemed transaction valued based on           :          R4 383 215
grant date applying the 30-day VWAP
Nature of interest                           :          Direct Beneficial
Clearance obtained                           :          Yes
                                             
Director                                     :          PP van der Westhuizen
Company                                      :          Life Healthcare Group Holdings Limited
Number of conditional awards                 :          65 380
Deemed transaction valued based on           :          R2 065 237
grant date applying the 30-day VWAP                                             
Nature of interest                           :          Direct Beneficial
Clearance obtained                           :          Yes
Company Secretary                            :          F Patel
Company                                      :          Life Healthcare Group Holdings Limited
Number of conditional awards                 :          28 272
Deemed transaction valued based on           :          R893 025
grant date applying the 30-day VWAP
Nature of interest                           :          Direct Beneficial
Clearance obtained                           :          Yes
Director                                     :          C LW Bekker
Company                                      :          Life Healthcare Group (Proprietary) Limited, a major
                                                        subsidiary of the Company
Number of conditional awards                 :          54 784
Deemed transaction valued based on           :          R1 730 488
grant date applying the 30-day VWAP
Nature of interest                           :          Direct Beneficial
Clearance obtained                           :          Yes
Director                                     :          KA Wylie
Company                                      :          Life Healthcare Group (Proprietary) Limited, a major
                                                        subsidiary of the Company
Number of conditional awards                 :          30 960
Deemed transaction valued based on           :          R 977 946
grant date applying the 30-day VWAP
Nature of interest                           :          Direct Beneficial
Clearance obtained                           :          Yes
Director                                     :          PF Theron
Company                                      :          Life Healthcare Group (Proprietary) Limited, a major
                                                        subsidiary of the Company
Number of conditional awards                 :          32 338
Deemed transaction valued based on           :          R1 021 504
grant date applying the 30-day VWAP
Nature of interest                           :          Direct Beneficial
Clearance obtained                           :          Yes
Illovo
31 March 2017
Sponsor
RAND MERCHANT BANK (A division of First Rand Bank Limited)
Date: 31/03/2017 04:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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