NTC - Netcare Limited - Award of options to director of a major subsidiary
NTC
NTC
NTC - Netcare Limited - Award of options to director of a major subsidiary
NETCARE LIMITED
Incorporated in the Republic of South Africa
(Co. Reg. No. 1996/004282/06)
Code: NTC
ISIN number: ZAE000011953
AWARD OF OPTIONS TO DIRECTOR OF A MAJOR SUBSIDIARY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited ("JSE Listings Requirements"), in respect of which prior written
approval pursuant to paragraph 3.66 of the JSE Listing Requirements has been
obtained, the following transaction is hereby disclosed.
DIRECTOR I SOOMRA
SUBSIDIARY NETCARE HOSPITALS (PTY) LTD
DATE OF TRANSACTION 19 MAY 2010
NUMBER OF SHARES 400,000
CLASS OF SECURITY ORDINARY SHARES
NATURE OF TRANSACTION GRANT AND ACCEPTANCE OF OPTIONS
STRIKE PRICE PER SHARE 1309 CENTS
VESTING PERIODS 20% ON 18 MAY 2012
20% ON 18 MAY 2013
20% ON 18 MAY 2014
20% ON 18 MAY 2015
20% ON 18 MAY 2016
VALUE OF TRANSACTION R5,236,000
NATURE OF INTEREST DIRECT & BENEFICIAL
Johannesburg
20 May 2010
Sponsor
Nedbank Capital
Date: 20/05/2010 15:04:01 Produced by the JSE SENS Department.
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