NTC
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
On 25 February 2005, Netcare announced the implementation of a Leveraged
Bonus Scheme which resulted in the following effects on 30 November 2006,
pertaining to the undermentioned Directors of the Company;
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 -
a) Nature of Transaction - Automatic cash settlement of European style
call options - strike price 618 cents per share and cash settlement at
VWAP price of 1302 cents per share -
Director Nature of interest Number of
ordinary
shares
Davis I M Direct and Beneficial 134,780
Friedland R H Direct and Beneficial 134,780
Litlhakanyane V L Direct and Beneficial 107,824
Nelson P G Direct and Beneficial 134,780
Noach R N Direct and Beneficial 134,780
Weltman N Direct and Beneficial 134,780
781,724
b) Nature of Transaction - Automatic cash settlement of personally
acquired European style call options - strike price 618 cents per
share and cash settlement at VWAP price of 1302 cents per share -
Director Nature of interest Number of
ordinary
shares
Davis I M Direct and Beneficial 26,956
Friedland R H Direct and Beneficial 26,956
Nelson P G Direct and Beneficial 26,956
Noach R N Direct and Beneficial 26,956
Weltman N Direct and Beneficial 26,956
134,780
Bert Kok
Assistant Group Company Secretary
Tel No: (011) 301-0160
Fax No: (011) 301-0515
E-mail: bkok@netcare.co.za
11 December 2006
Sponsor:
Merrill Lynch South Africa
Date: 11/12/2006 11:44:01 Produced by the JSE SENS Department.
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