| Fri 27 Nov 2009, 13:44 | | MSM - Massmart Holdings Limited - Notification of acceptance of shares by |
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MSM
MSM
MSM - Massmart Holdings Limited - Notification of acceptance of shares by
Executive Committee Members of Massmart Holdings Limited
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1940/014066/06
Share code: MSM
ISIN: ZAE000029534
("Massmart")
Notification of acceptance of shares by Executive Committee Members of Massmart
Holdings Limited
In compliance with rules 3.63 to 3.66 of the JSE Listings Requirements, we
hereby advise that shares in Massmart Holdings securities have been offered to
Executive Committee Members. These shares were offered on 01 September 2009 at a
strike price of R79.1536 being the 5-day volume weighted average price on 31
August 2009, in terms of the rules of the Massmart Holdings Limited Employee
Share Trust. This offer was approved by the Massmart Holdings Remuneration and
Nominations Committee.
The total allocation of these shares is 260,447. The acceptance date of the
shares by the beneficiaries listed below is 26 November 2009. These shares are
exercisable as to one quarter each in September 2011, September 2012, September
2013 and in September 2014.
Executive Committee member: Jay Currie
Number of securities: 154,669
Total value: R 12,242,608.15
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
Executive Committee member: Llewellyn Steeneveldt
Number of securities: 105,778
Total value: R 8,372,709.51
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
27 November 2009
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 27/11/2009 13:44:18 Produced by the JSE SENS Department.
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