By
LIFE HEALTHCARE GROUP HOLDINGS LIMITED Incorporated in the
Republic of South Africa Registration number:
2003/002733/06
ISIN: ZAE000145892
Share Code: LHC
("Life Healthcare" or "the Company")
SUBSCRIPTION OF 26% OF THE SHARE CAPITAL OF MAX HEALTHCARE
INSTITUTE LIMITED
Further to the SENS announcement published on 11 October
2011,
Life Healthcare wishes to advise shareholders that the
Company has signed definitive agreements with Max Healthcare
Institute Limited ("MHC") and Max India Limited ("Max India")
for the subscription
of 26% of the post-issue share capital of MHC subject to
the
fulfilment of certain conditions precedent. The subscription
price is Rs 516.5 crore. Life Healthcare will provide
pro-rata guarantees for its proportionate share of the debts
of MHC currently guaranteed by Max India.
MHC is a leading private hospital provider in the Delhi-NCR
(National Capital Region) and is a subsidiary of Max India,
one of India's leading multi business corporates.
Illovo
16 January 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
| distribué par | Ce noodl a été diffusé par Life Healthcare Group Holdings Limited et initialement mise en ligne sur le site http://www.lifehealthcare.co.za. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-16 12:36:35 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
| Documents associés | |
| SENS Announcement (Subscription of 26% of the share capital of Max Healthcare Institute Limited) - 16 January 2012 |
