| Mon 25 Aug 2008, 15:23 | | MSM - Massmart - Notification of Executive Committee Member`s and Subsidiary |
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MSM
MSM
MSM - Massmart - Notification of Executive Committee Member`s and Subsidiary
Director`s dealings in Massmart 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 and Subsidiary Director`s dealings
in Massmart securities
In compliance with rule 3.63 to 3.66 of the JSE Listing Requirements, the
following dealings in the securities of Massmart Holdings Limited have taken
place by a an executive committee member and director of a subsidiary of the
Company:
Subsidiary director: Aubrey Cimring
Subsidiary: Massbuild
Number of securities: 191,348
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of options / Sale of shares
Date: 30 May 2008
i) Nature of transaction Exercise of options
No: 51,759
Price: R 29.87 per option
ii) Nature of transaction Exercise of options
No: 10,090
Price: R18.98 per option
iii) Nature of transaction Exercise of options
No: 29,499
Price: R18.90 per option
iv) Nature of transaction Sale of shares
Date: 22 August 2008
No: 191,348
Price: R80.0359
Total transaction value: R15,314,709.39
Prior authority to transact: Obtained
Shareholding: The shares sold represent 39.79% of Mr Cimring`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 Cimring still holds 289,550 Massmart shares or options.
25 August 2008
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 25/08/2008 15:23:01 Produced by the JSE SENS Department.
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