SPP - Spar - Exercise Of Options And Purchase Of Shares
SPP
SPP
SPP - Spar - Exercise Of Options And Purchase 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 PURCHASE 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 Peter Kilby Hughes
Date of transaction 17 August 2009
Nature of transaction Exercise of options and subsequent
acquisition 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 20 000
Option strike price 10.76224 cents per share
Value of transaction R 215 244.80
Vesting date On exercise of the options
Number of purchased 20 000
Selling price R 58.55
Value of sale R 1 171 000.00
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
18 August 2009
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 18/08/2009 12:56:01 Produced by the JSE SENS Department.
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