SPP - Spar - Exercise Of Options And Sale Of Shares
SPP
SPP
SPP - Spar - 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 Roelf Venter
Date of transaction 11 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 54-00
Value of sale R 432 000-00
Nature and extent of directors` Direct beneficial
interest
Clearance obtained in terms of
paragraph 3.66 of the Listings Yes
Requirements of the JSE Limited
Pinetown
12 May 2009
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 12/05/2009 15:19:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
