MSM - Massmart Holdings Limited - Notification of Director`s dealing in Massmart
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: Grant Pattison
Number of securities: 85,919
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of Options / Sale of shares
Option Strike date: 27 August 2001
Date: 30 August 2010
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 50,000
Vesting Periods: 27 August 2004
Price: Weighted Average price: R10.95
ii) Nature of transaction: Sale of shares
No 85,919
Price: R121.9325
Total transaction value: R 10,476,318.47
The transaction set out above was an on-market trade
Shareholding: The shares sold represent 4.28% of Mr Pattison`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 Pattison still holds 1,921,389 Massmart shares or
options.
31 August 2010
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 31/08/2010 14:05:00 Produced by the JSE SENS Department.
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