MSM - Massmart - Notification of Executive Committee Member`s dealings in
MSM
MSM
MSM - Massmart - Notification of Executive Committee Member`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 dealings in Massmart securities
In compliance with rule 3.63 to 3.66 of the JSE Limited Listings Requirements,
the following dealings in the securities of Massmart have taken place by an
Executive Committee Member of the Company:
Executive Committee Member: Pearl Maphoshe
Number of securities: 25,000
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of options / Sale of shares
Date: 27 February 2009
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 25,000
Price: Weighted Average price: R67.79
ii) Nature of transaction: Sale of shares
No: 25,000
Price: R74.7557
Total transaction value: R 1,868,892.50
Shareholding: The shares sold represent 11.08% of Ms Maphoshe`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, Ms Maphoshe still holds 200,685 Massmart shares or options.
3 March 2009
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 03/03/2009 12:40:03 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.