| Mon 13 Sep 2010, 15:43 | | MSM - Massmart Holdings Limited - Notification of Executive Committee Member`s |
|
MSM
MSM
MSM - Massmart Holdings Limited - Notification of Executive Committee Member`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 Executive Committee Member`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 an Executive Committee Member of the Company:
Executive Committee Member: Llewellyn Steeneveldt
Number of securities: 38,206
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of Options/Sale of shares
Option Strike dates: 23 May 2005, 31 May 2005, 23 May 2006,
25 August 2006, 23 February 2007, 24 May 2007,
01 April 2008, 26 May 2008
Date: 10 September 2010
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 38,206
Vesting Periods: 24 May 2009, 23 February 2010, 01 April 2010,
23 May 2010, 24 May 2010, 26 May 2010,
31 May 2010, 25 August 2010
Price: Weighted Average price: R75.54
ii) Nature of transaction: Sale of shares
No 38,206
Price: R129.1781
Total transaction value: R 4,935,378.49
The transaction set out above was an on-market trade.
Shareholding: The shares sold represent 17.40% of Mr Steeneveldt`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 Steeneveldt still holds 181,369 Massmart shares or
options.
13 September 2010
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 13/09/2010 15:43:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
