| Tue 31 Aug 2010, 14:04 | | MSM - Massmart Holdings Limited - Notification of Director`s dealing in Massmart |
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MSM
MSM
MSM - Massmart Holdings Limited - Notification of Director`s dealing in Massmart
Holdings Limited 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 Director`s dealing in Massmart Holdings Limited securities
In compliance with rule 3.63 to 3.66 of the JSE Listing Requirements, the
following dealings in the securities of Massmart Holdings Limited have taken
place by a Director of the Company:
Director: Guy Hayward
Number of securities: 175,000
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of Options / Sale of shares
Option Strike date: 13 November 2000, 27 August 2001
Date: 30 August 2010
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 175,000
Vesting Periods: 13 November 2002, 13 November 2003,
13 November 2004, 13 November 2005,
27 August 2005
Price: Weighted Average price: R11.69
ii) Nature of transaction: Sale of shares
No 175,000
Price: R121.9325
Total transaction value: R 21,338,187.50
The transaction set out above was an on-market trade
Shareholding: The shares sold represent 16.59% of Mr Hayward`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 Hayward still holds 879,898 Massmart shares or options.
31 August 2010
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 31/08/2010 14:04:00 Produced by the JSE SENS Department.
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