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LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealings in securities by a director

Release Date: 13/02/2019 16:04
Code(s): LHC     PDF:  
 
Wrap Text
Dealings in securities by a director

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”)

DEALINGS IN SECURITIES BY A DIRECTOR

In compliance with the JSE Limited Listings Requirements, shareholders are hereby advised of the
following dealings in securities by a director:

 Director                                                                :       Shrey Balaguru Viranna
 Nature of transaction                                                   :       Off-market vesting of a third of the
                                                                                 Company’s matched shares and on-market
                                                                                 disposal of a portion of the Company’s
                                                                                 matched shares to cover the income tax
                                                                                 obligation*
 Number of matched shares vested                                         :       112 365
 Date of vesting                                                         :       1 February 2019
 Number of matched shares sold                                           :       53 168
 Class of securities                                                     :       Ordinary shares
 Date of transaction                                                     :       12 February 2019
 Volume-weighted average price per share                                 :       R25.8817
 Highest price                                                           :       R25.90
 Lowest price                                                            :       R25.85
 Total value of the transaction                                          :       R1 376 078.23
 Nature of interest                                                      :       Direct Beneficial
 Clearance obtained                                                      :       Yes

*Shareholders are referred to the SENS announcement published on 27 September 2018 where shareholders were advised that subject to the CEO
investing R3 million in the Company’s securities), the Company would match this investment with the purchase of shares to the value of R9 million.
The Company matched shares are restricted and vest in tranches of one third each on 1 February 2019, 1 February 2020 and 1 February 2021
respectively.


Illovo
13 February 2019
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 13/02/2019 04:04:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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