LHC Director Dealings Neutral
LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Dealing in securities by Life Healthcare in terms of the companys single incentive plan
Life Healthcare Group Holdings Limited
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What this filing means
Life Healthcare has disposed of 143,704 forfeited shares on-market at R10.6788 per share, raising R1.53 million. The disposal is in terms of the company's Single Incentive Plan rules — a routine forfeiture-and-sale mechanism for unvested awards — and is not a discretionary insider trade or a signal about the business.
Bear case
- On-market disposal of forfeited shares under a Long-Term Incentive Plan is a routine mechanism for handling unvested/forfeited awards — not a discretionary insider trade.
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