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NETCARE LIMITED - Intra-group Share Repurchase

Release Date: 21/02/2025 08:48
Code(s): NTC NTCP     PDF:  
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Intra-group Share Repurchase

NETCARE LIMITED
Incorporated in the Republic of South Africa
(Registration number 1996/008242/06)
JSE ordinary share code: NTC
ISIN: ZAE000011953
JSE preference share code: NTCP
ISIN: ZAE000081121
A2X share code: NTC
("Netcare" or the "Company")


INTRA-GROUP SHARE REPURCHASE

In compliance with paragraph 3.99 of the Listings Requirements of the JSE Limited ("JSE"),
shareholders are advised that the Company has concluded an intra-group repurchase with Netcare
Hospital Group Pty Limited ("NHG"), a wholly owned subsidiary of Netcare, on 20 February 2025 (the
"Intra-group Repurchase").

In terms of the Intra-group Repurchase, Netcare has acquired 25 082 254 ordinary shares (the
"Repurchased Shares") from NHG at a price of R13.46 per ordinary share.

The Repurchased Shares have reverted to authorised but unissued ordinary share capital of Netcare
in accordance with section 35(5) of the Companies Act, 71 of 2008, as amended. Application will be
made to the JSE for the delisting of the Repurchased Shares.

Subsequent to the Intra-group Repurchase, the balance of treasury shares amounts to 138 087 153
ordinary shares.

Johannesburg

21 February 2025

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 21-02-2025 08:48:00
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