Network Healthcare Holdings Limited - Changes in d
Network Healthcare Holdings Limited - Changes in directorate
Network Healthcare Holdings Limited
(Co. Reg. No. 1996/004282/06)
("The Company", "Netcare" and "The Group")
Code: NTC
ISIN number: ZAE000011953
CHANGES IN DIRECTORATE
In terms of paragraph 3.59 (b) of the Listings Requirements of JSE Limited ("JSE
Listings Requirements"), the Company advises herewith the following:
On 10 May 2005, shareholders were advised that Dr Jack Shevel intended to retire
as Chief Executive Officer on 30 September 2005 and that Dr Richard Friedland,
the then Chief Executive Officer of Netcare Healthcare (UK) Limited would
relocate to South Africa to assume the role of Group Chief Executive Officer.
This process has now been successfully completed.
On September 23, 2005, shareholders were informed that Dr Shevel had disposed of
his direct shareholding in Netcare.
Following on these announcements, Dr Shevel will shortly be emigrating to the
United States and has tendered his resignation as a Director effective 22
November 2005.
In recording this announcement, Michael Sacks, Chairman of Netcare said: "I
would like to take this opportunity to express the deep gratitude of the Board
to Dr Shevel for the immeasurable contribution he has made to the initiation,
development, growth and prosperity of the Netcare Group".
JOEL WOLPERT
Group Company Secretary
Tel No: (011) 301-0213
Fax No: (011) 301-0481
E-mail: joel.wolpert@netcare.co.za
23 November 2005
Date: 23/11/2005 04:28:35 PM Produced by the JSE SENS Department
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