SPP - The Spar Group Limited - Exercise of options and sale of shares
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 Rodney Walter Coe
Date of transaction 26 June 2009
Nature of transaction Exercise of options and
subsequent sale of shares. In
terms of the rules of the SPAR
Share Incentive Scheme.
Class of securities Options in respect of ordinary
shares
Number of options exercised 23 000
Option strike price 10.80873 cents per share
Value of transaction R 248 600-79
Vesting date On exercise of the options
Number of shares sold 23 000
Selling price R 57-0015
Value of sale R 1 311 034-50
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
26 June 2009
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 26/06/2009 14:57:01 Produced by the JSE SENS Department.
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