MSM - Massmart - Notification Of Executive Committ
MSM
MSM
MSM - Massmart - Notification Of Executive Committee Member`s Dealing In
Massmart Holdings Limited Securities
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1940/014066/06)
Share code: MSM
ISIN: ZAE000029534
("Massmart" or "the Company")
Notification of Executive Committee Member`s dealing in Massmart Holdings
Limited securities
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the
following dealings in the securities of Massmart have taken place by an
Executive Committee Member of the Company:
Executive Committee Member: Steven Glendinning
Number of securities: 105,894
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of options / Sale of shares
i) Nature of transaction: Exercise of options
No: 25,000
Price: R12.03
ii) Nature of transaction: Sale of shares
Date: 2 May 2007
No: 105,894
Price: R95.00
Total transaction value: R10,059,930.00
Shareholding: The shares sold represent 69.44% Mr Glendinning`s Massmart
shareholding comprising direct purchases and/or shares acquired in terms of
the rules of the Massmart Holdings Limited Employee Share Trust. After the
abovementioned sale, Mr Glendinning still holds 46,606 Massmart shares or
options.
The required clearance per section 3.66 of the JSE Listings Requirements
was obtained.
04 May 2007
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 04/05/2007 10:45:45 Produced by the JSE SENS Department.
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