|
SPP
SPP
SPP - The Spar Group Limited - Acceptance of options by directors
The Spar Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
ISIN: ZAE000058517
Share Code: SPP
("SPAR")
ACCEPTANCE OF OPTIONS BY DIRECTORS
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : Rodney Walter Coe
Company : SPAR
Date of transaction : 3 December 2007
Nature of transaction : Acceptance of options
Class of securities : Options in respect of ordinary shares
Number of options granted : 35 000
Option strike price : R58.10
Period of exercise : One-third on third anniversary, one-third on
fourth anniversary and one-third on fifth
anniversary
Vesting : On exercise of the options
Total value of transaction : R2,033,500.00
Nature and extent of
director`s interest : Direct beneficial
Clearance obtained : Yes
Director : Roelof Venter
Company : SPAR
Date of transaction : 3 December 2007
Nature of transaction : Acceptance of options
Class of securities : Options in respect of ordinary shares
Number of options granted : 35 000
Option strike price : R58.10
Period of exercise : One-third on third anniversary, one-third on
fourth anniversary and one-third on fifth
anniversary
Vesting : On exercise of the options
Total value of transaction : R2,033,500.00
Nature and extent of
director`s interest : Direct Beneficial
Clearance obtained : Yes
Director : Wayne Allan Hook
Company : SPAR
Date of transaction : 3 December 2007
Nature of transaction : Acceptance of options
Class of securities : Options in respect of ordinary shares
Number of options granted : 60 000
Option strike price : R58.10
Period of exercise : One-third on third anniversary, one-third on
fourth anniversary and one- third on fifth
anniversary
Vesting : On exercise of the options
Total value of transaction : R3,486,000.00
Nature and extent of
director`s interest : Direct Beneficial
Clearance obtained : Yes
Director : Kevin James O`Brien
Company : SPAR
Date of transaction : 3 December 2007
Nature of transaction : Acceptance of options
Class of securities : Options in respect of ordinary shares
Number of options granted : 15 000
Option strike price : R58.10
Period of exercise : One-third on third anniversary, One-third on
fourth anniversary and one-third on fifth
anniversary
Vesting : On exercise of the options
Total value of transaction : R871,500.00
Nature and extent of
director`s interest : Direct Beneficial
Clearance obtained : Yes
Pinetown
4 December 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/12/2007 16:56:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
