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NETCARE LIMITED - Dealings in securities by directors, company secretary, directors of a major subsidiary and a prescribed officer

Release Date: 29/01/2020 16:00
Code(s): NTC NTCP     PDF:  
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Dealings in securities by directors, company secretary, directors of a major subsidiary and a prescribed officer

NETCARE LIMITED
(“Netcare”)
(Registration No. 1996/008242/06)
Code: NTC
ISIN: ZAE000011953
JSE Preference share code: NTCP
ISIN: ZAE000081121

SENS – DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY
SECRETARY OF NETCARE LIMITED, DIRECTORS OF A MAJOR
SUBSIDIARY AND A PRESCRIBED OFFICER

In terms of paragraph 3.63 – 3.65 of the Listings Requirements of the JSE Limited
(“JSE Listings Requirements”), the following transactions are hereby disclosed. The
required prior clearance for these trades has been obtained.


DIRECTOR                                    RH FRIEDLAND
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            32 330
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       SALE OF SHARES (OPEN MARKET)
LOW PRICE PER SHARE                         R20.10
AVERAGE PRICE PER SHARE                     R20.1324
HIGH PRICE PER SHARE                        R20.20
VALUE OF TRANSACTION                        R650 880.49
NATURE OF INTEREST                          DIRECT & BENEFICIAL

DIRECTOR                                    RH FRIEDLAND
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            68 036
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       ACCEPTANCE OF SHARES BY THE
                                            PARTICIPANT IN TERMS OF THE
                                            FORFEITABLE SHARE SCHEME (OFF
                                            MARKET)
STRIKE PRICE PER SHARE                      R33.59921
VESTING PRICE PER SHARE                     R20.1324
VALUE OF TRANSACTION                        R2 285 955.85
NATURE OF INTEREST                          DIRECT & BENEFICIAL

DIRECTOR                                    KN GIBSON
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            13 710
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       SALE OF SHARES (OPEN MARKET)
LOW PRICE PER SHARE                         R20.10
AVERAGE PRICE PER SHARE                     R20.1324
HIGH PRICE PER SHARE                        R20.20
VALUE OF TRANSACTION                        R276 015.20
NATURE OF INTEREST                          DIRECT & BENEFICIAL

DIRECTOR                                    KN GIBSON
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            28 862
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       ACCEPTANCE OF SHARES BY THE
                                            PARTICIPANT IN TERMS OF THE
                                            FORFEITABLE SHARE SCHEME (OFF
                                            MARKET)
STRIKE PRICE PER SHARE                      R33.59921
VESTING PRICE PER SHARE                     R20.1324
VALUE OF TRANSACTION                        R969 740.40
NATURE OF INTEREST                          DIRECT & BENEFICIAL

COMPANY SECRETARY                           L BAGWANDEEN
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            15 154
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       SALE OF SHARES (OPEN MARKET)
LOW PRICE PER SHARE                         R20.10
AVERAGE PRICE PER SHARE                     R20.1324
HIGH PRICE PER SHARE                        R20.20
VALUE OF TRANSACTION                        R305 086.39
NATURE OF INTEREST                          DIRECT & BENEFICIAL

COMPANY SECRETARY                           L BAGWANDEEN
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            15 154
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       ACCEPTANCE OF SHARES BY THE
                                            PARTICIPANT IN TERMS OF THE
                                            FORFEITABLE SHARE SCHEME (OFF
                                            MARKET)
STRIKE PRICE PER SHARE                      R33.59921
VESTING PRICE PER SHARE                     R20.1324
VALUE OF TRANSACTION                        R509 162.43
NATURE OF INTEREST                          DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR                         J DU PLESSIS
COMPANY                                     NETCARE HOSPITALS
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            10 496
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       SALE OF SHARES (OPEN MARKET)
LOW PRICE PER SHARE                         R20.10
AVERAGE PRICE PER SHARE                     R20.1324
HIGH PRICE PER SHARE                        R20.20
VALUE OF TRANSACTION                        R211 309.67
NATURE OF INTEREST                          DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR                         J DU PLESSIS
COMPANY                                     NETCARE HOSPITALS
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            22 095
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       ACCEPTANCE OF SHARES BY THE
                                            PARTICIPANT IN TERMS OF THE
                                            FORFEITABLE SHARE SCHEME (OFF
                                            MARKET)
STRIKE PRICE PER SHARE                      R33.59921
VESTING PRICE PER SHARE                     R20.1324
VALUE OF TRANSACTION                        R742 374.55
NATURE OF INTEREST                          DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR                         C GRINDELL
COMPANY                                     NETCARE HOSPITALS
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            4 365
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       SALE OF SHARES (OPEN MARKET)
LOW PRICE PER SHARE                         R20.10
AVERAGE PRICE PER SHARE                     R20.1324
HIGH PRICE PER SHARE                        R20.20
VALUE OF TRANSACTION                        R87 877.93
NATURE OF INTEREST                          DIRECT & BENEFICIAL

SUBSIDIARY DIRECTOR                         C GRINDELL
COMPANY                                     NETCARE HOSPITALS
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            4 365
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       ACCEPTANCE OF SHARES BY THE
                                            PARTICIPANT IN TERMS OF THE
                                            FORFEITABLE SHARE SCHEME (OFF
                                            MARKET)
STRIKE PRICE PER SHARE                      R33.59921
VESTING PRICE PER SHARE                     R20.1324
VALUE OF TRANSACTION                        R146 660.55
NATURE OF INTEREST                          DIRECT & BENEFICIAL

PRESCRIBED OFFICER                          W VAN DER MERWE
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            5 560
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       SALE OF SHARES (OPEN MARKET)
HIGH PRICE PER SHARE                        R20.20
AVERAGE PRICE PER SHARE                     R20.1324
LOW PRICE PER SHARE                         R20.10
VALUE OF TRANSACTION                        R111 936.14
NATURE OF INTEREST                          DIRECT & BENEFICIAL

PRESCRIBED OFFICER                          W VAN DER MERWE
COMPANY                                     NETCARE LIMITED
DATE OF TRANSACTION                         27 JANUARY 2020
NUMBER OF SHARES                            5 560
CLASS OF SECURITY                           ORDINARY SHARES
NATURE OF TRANSACTION                       ACCEPTANCE OF SHARES BY THE
                                            PARTICIPANT IN TERMS OF THE
                                            FORFEITABLE SHARE SCHEME (OFF
                                            MARKET)
STRIKE PRICE PER SHARE                      R33.59921
VESTING PRICE PER SHARE                     R20.1324
VALUE OF TRANSACTION                        R186 811.61
NATURE OF INTEREST                          DIRECT & BENEFICIAL


The date of exercise and/or vesting is 1 December 2020.

29 January 2020

SPONSOR
Nedbank Corporate and Investment Banking

Date: 29-01-2020 04:00:00
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