| Wed 28 Oct 2009, 15:46 | | MSM - Massmart - Notification Of Executive Committee Member`s Dealings In |
|
MSM
MSM
MSM - Massmart - Notification Of Executive Committee Member`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 Executive Committee Member`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 an
Executive Committee Member of the Company:
Executive Committee Member: Llewellyn Steeneveldt
Number of securities: 28,670
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of options / Sale of shares
Option strike dates: 01 April 2004, 23 May 2005, 23 May 2006, 31
May 2005, 25 August 2006, 23 February 2007
Date: 26 October 2009
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 28,670
Vesting periods: 01 April 2008, 23 May 2008, 31 May 2008, 25
August 2008, 23 February 2009, 01 April
2009, 23 May 2009, 31 May 2009, 25 August
2009
Price: Weighted Average price: R47.96
ii) Nature of transaction: Sale of shares
No: 28,670
Price: R92.0481
Total transaction value: R 2,639,019.03
Shareholding: The shares sold represent 27.09% of Mr Steeneveldt`s Massmart
shareholding comprising direct purchases and/or shares acquired in terms of the
rules of the Massmart Holdings Limited Employee Share Trust. After the
abovementioned sale, Mr Steeneveldt still holds 77,176 Massmart shares or
options.
28 October 2009
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 28/10/2009 15:46:29 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.
