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 Wayne Allan Hook
Date of transaction 01 July 2010
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 and strike 5 000 at 9.94020 cents per share
price
Total value of transactions R 49 701.00
Vesting date On exercise of the options
Number of shares sold and selling price 5 000 at R 80.00 per share
Total value of sale R 400 000.00
Nature and extent of directors` interest Direct beneficial
Clearance obtained in terms of paragraph
3.66 of the Listings Requirements of the Yes
JSE Limited
Transaction done on market
Pinetown
01 July 2010
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 01/07/2010 15:40:01 Produced by the JSE SENS Department.
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