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LHC 201403240032A
Election to purchase shares in terms of the Life Healthcare 2009 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”)
ELECTION TO PURCHASE SHARES BY A DIRECTOR AND THE COMPANY
SECRETARY 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 : Petrus Phillippus van der Westhuizen
Company : Life Healthcare Group Holdings Limited
Nature of transaction : In terms of the LTIP, the chief
financial officer has been allocated a
number of appreciation units and a
number of performance units which are
subject to
specific performance criteria. The
allocations will vest on 1 January
2017. In terms of the revised rules
of the scheme, the participant must
exercise the election to co-invest in
the company’s shares or receive a cash
payment at the time that the
allocation is made. The chief
financial officer has exercised his
election to purchase a number of Life
Healthcare shares on-market in January
2017 in terms of the LTIP and will be
awarded a number of matched shares to
be purchased by the company*
Date of election : 20 March 2014
Class of securities : Ordinary shares
Total value of : This will be determined on 1 January
transaction 2017
Nature of interest : Direct Beneficial (shares purchased by
the director) and Indirect Beneficial
(shares purchased by the company)
Clearance obtained : Approval for the allocation and
clearance to transact has been given
Company Secretary : Fazila Patel
Company : Life Healthcare Group Holdings Limited
Nature of transaction : In terms of the LTIP, the company
secreatary has been allocated a number
of appreciation units and a number of
performance units which are subject to
specific performance criteria. The
allocations will vest on 1 January
2017. In terms of the revised rules
of the scheme, the participant must
exercise the election to co-invest in
the company’s shares or receive a cash
payment at the time that the
allocation is made. The company
secretary has exercised her election
to purchase a number of Life
Healthcare shares on-market in January
2017 in terms of the LTIP and will be
awarded a number of matched shares to
be purchased by the company*
Date of election : 20 March 2014
Class of securities : Ordinary shares
Total value of : This will be determined on 1 January
transaction 2017
Nature of interest : Direct Beneficial (shares purchased by
the company secretary) and Indirect
Beneficial (shares purchased by the
company)
Clearance obtained : Approval for the allocation and
clearance to transact has been given
*A further announcement confirming the exact number of shares
purchased and the purchase price will be issued once the
trades have been concluded.
Illovo
24 March 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/03/2014 03:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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