NETWORK HEALTHCARE HOLDINGS LIMITED - AWARDING OF SHARE OPTIONS TO A DIRECTOR
NETWORK HEALTHCARE HOLDINGS LIMITED
(Co. Reg. No. 1996/004282/06)
Code : NTC
ISIN number : ZAE000011953
AWARDING OF SHARE OPTIONS TO A DIRECTOR
In terms of section 3.63 of the Listings Requirements of the JSE Securities
Exchange South Africa we hereby give you notice of the offer and acceptance of
Network Healthcare Holdings Limited Share Options allocated to the director of
Network Healthcare Holdings Limited as mentioned below:
Name of director: R H Bush
Date of offer: 10 August 2004
Date of acceptance of offer: 10 August 2004
Option strike price (per share): 436 cents
Date of strike price determination: close of business on 28 June 2004 as
approved by Board of directors on 29
June 2004
Quantity of share options awarded: 50 000
Nature of transaction: Offer and acceptance of Network
Healthcare Holdings Limited Share
Options
Vesting periods: 20% of total allocation on
1 June 2006
20% of total allocation on
1 June 2007
20% of total allocation on
1 June 2008
20% of total allocation on
1 June 2009
20% of total allocation on
1 June 2010
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.
12 August 2004
Sandton
JOEL WOLPERT
Company Secretary
Tel No : (011) 301-0213
Fax No : (011) 301-0481
E-mail jwolpert@ho.netcare.co.za
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