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Life Healthcare Group Holdings Ltd (LHCJ.J)

LHCJ.J on Johannesburg Stock Exchange

2,386.00ZAc
16 Aug 2018
Change (% chg)

16.00 (+0.68%)
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Latest Key Developments (Source: Significant Developments)

Life Healthcare Says FY HEPS To Show Increase Of At Least 20%
Friday, 1 Jun 2018 01:05am EDT 

June 1 (Reuters) - Life Healthcare Group Holdings Ltd ::DISCUSSIONS REGARDING SALE OF LIFE HEALTHCARE EQUITY IN MAX HEALTHCARE ARE IN PROGRESS.HY REVENUE +17.5% TO R11.3 BILLION.HY NORMALISED EBITDA +10.5% TO R2.7 BILLION.MAX HEALTHCARE TO FOCUS ON OPERATIONAL EFFICIENCIES, COST OPTIMISATION TO MITIGATE REGULATORY IMPACT.HY HEADLINE EARNINGS PER SHARE INCREASED TO 53.7 CENTS +116.5%.INTERIM DIVIDEND OF 38 CENTS PER SHARE +8.6%.IN SOUTHERN AFRICA, GROUP EXPECTS PPDS TO CONTINUE TO GROW IN LINE WITH H1 2018.CAPEX FOR YEAR IS EXPECTED AT APPROXIMATELY R1.3 BILLION FOR SOUTHERN AFRICA.LIFE HEALTHCARE'S RESULTS FOR 12 MONTHS ENDED 30 SEPTEMBER 2018 ARE EXPECTED TO SHOW AN INCREASE OF AT LEAST 20% IN EPS.LIFE HEALTHCARE'S RESULTS FOR 12 MONTHS ENDED 30 SEPTEMBER 2018 ARE EXPECTED TO SHOW AN INCREASE OF AT LEAST 20% IN HEPS.  Full Article

Life Healthcare Says Still In Discussions With Max India For Sale Of Co's Interest In Max Healthcare Institute
Thursday, 5 Apr 2018 08:05am EDT 

April 5 (Reuters) - Life Healthcare Group Holdings Ltd ::STILL IN DISCUSSIONS WITH MAX INDIA TO EXPLORE POSSIBILITY OF MAX INDIA BUYING CO'S EQUITY INTEREST IN MAX HEALTHCARE INSTITUTE.  Full Article

Brimstone Says Disposed 13.5 Mln Shares In Life Healthcare For 362 Mln Rand
Wednesday, 7 Feb 2018 12:30am EST 

Feb 7 (Reuters) - Brimstone Investment Corporation Ltd ::ANNOUNCEMENT REGARDING THE DISPOSAL OF 13.5 MLN LIFE HEALTHCARE GROUP HOLDINGS LIMITED SHARES.DISPOSAL ‍FOR AN AGGREGATE TOTAL CONSIDERATION OF R362 MILLION.BRIMSTONE INVESTMENT CORPORATION - ‍FOLLOWING DISPOSAL BRIMSTONE HOLDS 51.3 MLN SHARES IN LIFE HEALTHCARE, REPRESENTING SHAREHOLDING OF 3.54 PCT​.‍TOTAL CONSIDERATION RECEIVED BY BRIMSTONE FOR DISPOSAL WILL BE USED TO REPAY CERTAIN OUTSTANDING DEBT FUNDING OBLIGATIONS​.  Full Article

Life Healthcare Group Holdings says FY HEPS down 56.8 pct to 77.4 cents
Tuesday, 21 Nov 2017 12:05am EST 

Nov 21 (Reuters) - LIFE HEALTHCARE GROUP HOLDINGS LTD ::‍FY REVENUE +26.8% TO R20 797 MILLION​.FY ‍NORMALISED EBITDA +15.9% TO R5 001 MILLION​.‍FINAL DIVIDEND OF 45 CENTS PER SHARE​.FY ‍HEADLINE EARNINGS PER SHARE DECREASED 56.8 PERCENT TO 77.4 CENTS ​.  Full Article

Life Healthcare Group appoints Shrey Viranna as group CEO
Wednesday, 15 Nov 2017 09:00am EST 

Nov 15 (Reuters) - LIFE HEALTHCARE GROUP HOLDINGS LTD ::APPOINTS ‍SHREY VIRANNA TO POSITION OF GROUP CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR OF COMPANY WITH EFFECT FROM 1 FEB 2018​.  Full Article

Life Healthcare says Allan Gray clients bought interest
Thursday, 5 Oct 2017 01:16am EDT 

Oct 5 (Reuters) - LIFE HEALTHCARE GROUP HOLDINGS LTD ::RECEIVED NOTIFICATION THAT CLIENTS OF ALLAN GRAY HAVE ACQUIRED INTEREST IN SHARES OF COMPANY.TOTAL INTEREST IN ORDINARY SHARES OF CO HELD BY ALLAN GRAY'S CLIENTS NOW AMOUNTS TO 20.1796% OF TOTAL ISSUED ORDINARY SHARES OF CO​.  Full Article

Life Healthcare Group says CEO to step down
Monday, 12 Jun 2017 02:00am EDT 

June 12 (Reuters) - Life Healthcare Group Holdings Ltd ::Life Healthcare Group Holdings - says board and André Meyer have decided that he will step down as ceo and as member of board with effect from June 30.  Full Article

Lazard clients raise stake in Life Healthcare to 12.07 pct
Monday, 5 Jun 2017 06:45am EDT 

June 5 (Reuters) - Life Healthcare Securities :Jse: Lhc - Acquisition Of Life Healthcare Securities By Clients Of Lazard Asset Management <<>>.‍total interest in ordinary shares of co held by Lazard's clients now amounts to 12.07 pct of total issued ordinary shares of co​.  Full Article

Life Healthcare HY HEPS declines 71.3 pct
Friday, 12 May 2017 01:05am EDT 

May 12 (Reuters) - Life Healthcare Group Holdings Ltd :HY revenue up 22.6% to r9.6 billion.HY normalised EBITDA up 15.2% to r2.4 billion.Declares interim dividend of 35 cents per share.HY headline earnings per share decreased 71.3 percent to 26.7 cents.Net debt to normalised EBITDA as at 31 March 2017 was 3.99 times versus 1.67 times at 30 September 2016.Increase in net debt is primarily due to r14.6 billion raised in respect of acquisition of alliance medical.Approved r1.2 billion of its 2017 capital expenditure programme to date."General market conditions in Southern Africa are not expected to improve substantially in foreseeable future".Expect continued pressure on acute hospital volumes.Well-positioned to continue driving its complementary services business through expansion in Southern Africa and Alliance Medical.Completion of rights issue will result in group's net debt to EBITDA decreasing to approximately 2.35 times.In southern africa, group aims to add over 112 acute hospital brownfield beds in next six months.Pressure on costs and occupancies will continue; implemented measures to mitigate impact of these pressures.FY results expected to show yoy decline of more than 20% in EPS (minimum decline of 31.0 cps) and HEPS (minimum decline of 38.5 cps).Expects FY results decline due to impact of transaction costs, increased funding costs related to alliance medical acquisition, impairment of Poland.  Full Article

Life Healthcare Group sees HY HEPS between 23.3 - 27.9 cents
Wednesday, 3 May 2017 03:53am EDT 

May 3 (Reuters) - Life Healthcare Group Holdings Ltd ::HY HEPS seen between 23.3 - 27.9 cents per share, movement of between a decline of 75 pct and 70.0 pct below HY 2016 HEPS of 93.0 cents per share.  Full Article

BRIEF-Life Healthcare Says Still In Discussions With Max India For Sale Of Co's Interest In Max Healthcare Institute

* STILL IN DISCUSSIONS WITH MAX INDIA TO EXPLORE POSSIBILITY OF MAX INDIA BUYING CO'S EQUITY INTEREST IN MAX HEALTHCARE INSTITUTE Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)