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 Roelf Venter
Date of transaction 21 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 price 15 000 at R10.76 per share
Total value of transactions R 161 400.00
Vesting date On exercise of the options
Number of shares sold and selling price 15 000 at R83.2000 per share
Total value of sale R 1 248 000.00
Nature and extent of directors` interest Direct beneficial
Clearance obtained in terms of paragraph 3.66 of
the Listings Requirements of the JSE Limited Yes
Transaction done on market
Pinetown
22 July 2010
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 22/07/2010 11:49:01 Produced by the JSE SENS Department.
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