Network Healthcare Holdings Limited - Leveraged Bo
NTC
NTC
Network Healthcare Holdings Limited - Leveraged Bonus Scheme
NETWORK HEALTHCARE HOLDINGS LIMITED
(Co. Reg. No. 1996/004282/06)
Code: NTC
ISIN number: ZAE000011953
LEVERAGED BONUS SCHEME
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of JSE Limited
("JSE Listings Requirements"), the following transactions, in respect of which
prior written approval pursuant to paragraph 3.66 of the JSE Listing
Requirements has been obtained, are hereby disclosed -
On 25 February 2005, Netcare announced the implementation of a Leveraged Bonus
Scheme which resulted in the following effects on 31 May 2006, pertaining to the
undermentioned Directors of the Company relating to the shareholding reflected -
a) Nature of Transaction - Automatic cash settlement of European style call
options - strike price 592 cents per share and cash settlement at VWAP
price of 977 cents per share -
Director Nature of interest Number of
ordinary
shares
Davis I M Direct and Beneficial 226,925
Friedland RH Direct and Beneficial 226,925
Litlhakanyane VL Direct and Beneficial 181,540
Nelson P G Direct and Beneficial 226,925
Weltman N Direct and Beneficial 226,925
1,089,240
b) Nature of Transaction - Automatic cash settlement of personally acquired
European style call options - strike price 592 cents per share and cash
settlement at VWAP price of 977 cents per share -
Director Nature of interest Number of
ordinary
shares
Davis I M Direct and Beneficial 45,385
Friedland RH Direct and Beneficial 45,385
Nelson P G Direct and Beneficial 45,385
Weltman N Direct and Beneficial 45,385
181,540
JOEL WOLPERT
Group Company Secretary
Tel No: (011) 301-0213
Fax No: (011) 301-0481
E-mail: joel.wolpert@netcare.co.za
2 June 2006
Date: 02/06/2006 02:59:01 PM Produced by the JSE SENS Department
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