| Tue 21 Sep 2010, 13:14 | | 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 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 and Subsidiary 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 an Executive Committee Member and director of a major subsidiary of
the Company:
Executive Committee Member
and Subsidiary Director: Jan Potgieter
Subsidiary: Massdiscounters
Number of securities: 35,000
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of options/Sale of shares
Option Strike date: 31 May 2005
Date: 17 September 2010
Prior authority to transact: Obtained
Nature of transaction: Exercise of options
No: 35,000
Vesting Periods: 31 May 2007, 31 May 2008, 31 May 2009
Price: Weighted Average price: R42.88
Nature of transaction: Sale of shares
No: 35,000
Price: R 130.1548
Total transaction value: R 4,555,418.00
The transactions set out above were on-market trades.
Shareholding: The shares sold represent 6.81% of Mr Potgieter`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 Potgieter still holds 479,135 Massmart shares or
options.
21 September 2010
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 21/09/2010 13:14:06 Produced by the JSE SENS Department.
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