SPP - The Spar Group Ltd - Exercise Of Options And Subsequent Sale Of Shares
SPP
SPP
SPP - The Spar Group Ltd - Exercise Of Options And Subsequent Sale Of Shares
THE SPAR GROUP LTD
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
ISIN: ZAE000058517
Share Code: SPP
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director: Roelf Venter
Company: The SPAR Group Ltd
Date of transaction: 5 August 2008
Nature of transaction: Exercise of options and subsequent
sale of shares in respect of the
options
Class of securities: Options in respect of ordinary
shares
Number of options exercised: 15900
Option strike price: 6.81538 cents per share
Value of exercise: R108 364.54
Vesting: On exercise of the options
Number of shares sold: 15900
Selling price: 51.50 cents per share
Value of sale: R818 850
Nature and extent of Direct beneficial
director`s interest:
Clearance obtained of paragraph Yes
3.66:
Durban
5 August 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 05/08/2008 15:08:02 Produced by the JSE SENS Department.
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