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LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealings in securities by a director

Release Date: 25/11/2020 16:55
Code(s): LHC     PDF:  
Wrap Text
Dealings in securities by a director

(Incorporated in the Republic of South Africa)
(Registration number: 2003/002733/06)
ISIN: ZAE000145892
Share code: LHC
("Life Healthcare" or "the Company")


As previously communicated to the market, in order to align executive interest with that of shareholders,
the board of directors of Life Healthcare ("the Board") agreed with the Group Chief Financial Officer, Mr.
Pieter van der Westhuizen ("the CFO"), that subject to the CFO investing R2 million in the Company’s
securities, the Company would match this investment with the purchase of shares to the value of R6
million. The CFO has six months from date of acceptance to complete his purchase. The Company matched
shares will be restricted and will vest annually in equal tranches in 2023, 2024 and 2025, subject to
specified performance conditions being achieved over a specific period of time. Life Healthcare
shareholders were advised on 5 October of the first tranche of the purchase made by the CFO.

In compliance with the JSE Limited Listings Requirements, Life Healthcare shareholders are hereby advised of
the following purchase by the CFO of the second tranche of his intended R2 million worth of shares, the
details of which are as follows:

 Name of director                                   :      Petrus Phillipus van der Westhuizen
 Date of transaction                                :      20 November 2020
 Name of Company                                    :      Life Healthcare Group Holdings Limited
 Nature of transaction                              :      On market purchase of shares by the director
 Number of securities                               :      58 500
 Class of securities                                :      Ordinary shares
 Total value of transaction                         :      R991,870.73
 Volume-weighted average purchase price per         :      R16,96
 Highest price                                      :      R17,00
 Lowest price                                       :      R16,90
 Nature of interest                                 :      Direct beneficial
 Clearance obtained                                 :      Yes

25 November 2020

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 25-11-2020 04:55:00
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