| Fri 24 Apr 2009, 13:03 | | MSM - Massmart - Notification of Director`s dealings in Massmart securities |
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MSM
MSM
MSM - Massmart - Notification of 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 Director`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 a
director of the Company:
Director: Grant Pattison
Number of securities: 55,219
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of options / Sale of shares
Option Strike date: 27 May 2003
Date: 21 April 2009
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 55,219
Vesting Periods: 27 May 2005, 27 May 2006, 27 May 2007, 27
May 2008
Price: Weighted Average price: R18.98
ii) Nature of transaction: Sale of shares
No: 22,009
Price: R72.4704
Total transaction value: R 1,595,001.03
Shareholding: After the abovementioned exercise of options and subsequent sale
to cover costs, Mr Pattison retained 33,210 shares in his own name. The shares
sold represent 2.84% of Mr Pattison`s Massmart shareholding. Mr Pattison now
holds 1,921,177 Massmart shares or options, comprising direct purchases and/or
shares acquired in terms of the rules of the Massmart Holdings Limited Employee
Share Trust."
24 April 2009
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 24/04/2009 13:03:01 Produced by the JSE SENS Department.
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