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SPP
SPP
SPP - The Spar Group Limited - Exercise of Options and Sale of Shares
THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE Code: SPP
ISIN: ZAE000058517
("SPAR")
EXERCISE OF OPTIONS AND SALE OF SHARES
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
we hereby advise of the following directors dealing:
Name of director Wayne Allan Hook
Date of transaction 8 May 2009
Nature of transaction Exercise of options and
subsequent sale of shares.
In terms of the rules of
the SPAR Share Incentive
Scheme, these options will
expire on 24 June 2009.
Class of securities Options in respect of
ordinary shares
Number of options exercised 6 500
Option strike price 9.80803 cents per share
Value of transaction R 63 752-20
Vesting date On exercise of the options
Number of shares sold 6 500
Selling price R 54-00
Value of sale R 351 000-00
Nature and extent of directors` interest Direct beneficial
Clearance obtained in terms of paragraph 3.66
of the Listings Requirements of the JSE Limited Yes
Name of director Rodney Walter Coe
Date of transaction 8 May 2009
Nature of transaction Exercise of options and
subsequent sale of shares.
In terms of the rules of
the SPAR Share Incentive
Scheme, these options will
expire on 24 June 2009.
Class of securities Options in respect of
ordinary shares
Number of options exercised 8 000
Option strike price 9.80803 cents per share
Value of transaction R 78 464-24
Vesting date On exercise of the options
Number of shares sold 8 000
Selling price R 54-795
Value of sale R 438 360-00
Nature and extent of directors` interest Direct beneficial
Clearance obtained in terms of paragraph 3.66
of the Listings Requirements of the JSE Limited Yes
Pinetown
8 May 2009
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 08/05/2009 16:09:01 Produced by the JSE SENS Department.
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