MSM - Massmart - Notification of Acceptance of Options by an Executive Committee
MSM
MSM
MSM - Massmart - Notification of Acceptance of Options by an Executive Committee
Member of Massmart
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 acceptance of options by an Executive Committee Member of
Massmart
In compliance with rules 3.63 to 3.66 of the JSE Listings Requirements, we
hereby advise that options in Massmart Holdings securities have been offered to
an Executive Committee Member. These options were offered on 27 October 2008 at
a strike price of R72.4185 being the 5 day volume weighted average price on 24
October 2008, in terms of the rules of the Massmart Holdings Limited Employee
Share Trust. This offer was approved by the Massmart Holdings Remuneration and
Nominations Committee.
The total allocation of these options is 376,976. The acceptance date of the
options by the beneficiary listed below is 03 March 2009. These options are
exercisable as to one quarter each in October 2010, October 2011, October 2012
and in October 2013.
Executive Committee Member: Llewellyn Walters
Number of securities: 376,976
Total value: R 27,300,036.46
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
5 March 2009
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 05/03/2009 13:00:10 Produced by the JSE SENS Department.
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