Network Healthcare Holdings Limited - Dealings in securities by director
NETWORK HEALTHCARE HOLDINGS LIMITED
(Co. Reg. No. 1996/004282/06)
Code: NTC
ISIN number: ZAE000011953
DEALINGS IN SECURITIES BY DIRECTOR
We refer to the SENS announcement dated 09 September 2004, whereby it was
announced that N Weltman had entered into a hedge over his shares over a one-
year period, with an expiry date of 09 September 2005. Resultant from this
transaction, N Weltman has sought to dispose of a portion of his shares and to
enter into a new option collar.
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information is disclosed:
NAME OF DIRECTOR N Weltman
DATE OF TRANSACTION 09 September 2005
NUMBER OF SHARES 800,000
CLASS OF SECURITY Ordinary
NATURE OF TRANSACTION Sale
PRICE PER SHARE 6.45
NATURE OF INTEREST Direct and beneficial
NAME OF DIRECTOR N Weltman
DATE OF TRANSACTION 09 September 2005
NUMBER OF SHARES 1,000,000
CLASS OF SECURITY Ordinary
NATURE OF TRANSACTION Hedge over a portion of shareholding in order to
secure finance. The Hedge comprises put and call
options (an option collar) and expires on 09
September 2006.
FLOOR PRICE 5.81
CAP PRICE 7.18
NATURE OF INTEREST Direct and beneficial
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.
BERT KOK
Assistant Company Secretary
Tel No: (011) 301-0160
Fax No : (011) 301-0481
E-mail bkok@netcare.co.za
12 September 2005
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