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 dealing by the company secretary:
Name of Company Secretary Kevin O`Brien
Date of transaction 24 March 2010
Nature of transaction Exercise of options and
subsequent
sale of shares
Class of securities Options in respect of ordinary
shares
Number of options exercised 10 000
Option strike price R46.22
Value of transaction R 462 200
Vesting date On exercise of the options
Number of shares sold 10 000
Selling price R 77.50
Value of sale R775 000
Nature and extent of directors` interest Direct beneficial
Clearance obtained in terms of paragraph 3.66
of the Listings Requirements of the JSE Yes
Limited
Pinetown
25 March 2010
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 25/03/2010 14:07:01 Produced by the JSE SENS Department.
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