| Thu 16 Sep 2010, 14:32 | | MSM - Massmart Holdings Limited - Notification of Executive Committee Member`s |
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MSM
MSM
MSM - Massmart Holdings Limited - Notification of Executive Committee Member`s
and Subsidiary Director`s dealings 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 and Subsidiary Director`s dealings
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 and Subsidiary Director of the company:
Executive Committee Member
and Subsidiary Director: Robin Wright
Subsidiary: Masscash
Number of securities: 100,000
Class of security: Ordinary
Nature of interest: Indirect, beneficial
Nature of transaction: Exercise of options/Sale of shares
Option Strike date: 13 November 2000
Date: 14 September 2010
Prior authority to transact: Obtained
Nature of transaction: Exercise of options
No: 100,000
Vesting Periods: 13 November 2003, 13 November 2004
Price: Weighted Average price: R12.25
Nature of transaction: Sale of shares
No 100,000
Price: R 128.9597
Total transaction value: R 12,895,970.00
Executive Committee Member
and Subsidiary Director: Robin Wright
Subsidiary: Masscash
Number of securities: 200,000
Class of security: Ordinary
Nature of interest: Indirect, beneficial
Nature of transaction: Exercise of options/Sale of shares
Option Strike dates: 13 November 2000, 27 August 2001
Date: 15 September 2010
Prior authority to transact: Obtained
Nature of transaction: Exercise of options
No: 200,000
Vesting Periods: 13 November 2005, 27 August 2004,
27 August 2005, 27 August 2006
Price: Weighted Average price: R11.28
Nature of transaction: Sale of shares
No 200,000
Price: R129.20
Total transaction value: R 25,840,570.00
The transactions set out above were on-market trades.
Shareholding: The shares sold represent 53.56% of Mr Wright`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 Wright still holds 260,114 Massmart shares or options.
16 September 2010
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 16/09/2010 14:32:01 Produced by the JSE SENS Department.
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