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Thu 9 Dec 2010, 10:32 SPP - The Spar Group Limited - Directors` dealings: acceptance of options
SPP
SPP                                                                             
SPP - The Spar Group Limited - Directors` dealings: acceptance of options       
THE SPAR GROUP LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1967/001572/06)                                           
JSE Code: SPP                                                                   
ISIN: ZAE000058517                                                              
("SPAR")                                                                        
DIRECTORS` DEALINGS: ACCEPTANCE OF OPTIONS                                      
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
SPAR hereby advises its shareholders of the following dealings by directors and 
the company secretary of SPAR:                                                  
Name of director                         Wayne Allan Hook                       
Date of transaction                      8 December 2010                        
Nature of transaction                    Acceptance of options in terms of      
                                       the SPAR Employee Share Incentive        
Scheme                                   
Class of securities                      Options over ordinary shares           
Number of shares covered by options      50 000                                 
Strike price                             9 991 cents per share                  
Vesting period                           In equal thirds on the 3rd, 4th and    
                                       5th anniversary of the allocation        
Value of transaction                     -                                      
Nature and extent of directors` interest Direct beneficial                      
Transaction completed on market          No                                     
Clearance obtained in terms of paragraph                                        
3.66 of the Listings Requirements of the Yes                                    
JSE Limited                                                                     
Name of director                         Roelof Venter                          
Date of transaction                      8 December 2010                        
Nature of transaction                    Acceptance of options in terms of      
                                       the SPAR Employee Share Incentive        
Scheme                                   
Class of securities                      Options over ordinary shares           
Number of shares covered by options      35 000                                 
Strike price                             9 991 cents per share                  
Vesting period                           In equal thirds on the 3rd, 4th and    
                                       5th anniversary of the allocation        
Value of transaction                     -                                      
Nature and extent of directors` interest Direct beneficial                      
Transaction completed on market          No                                     
Clearance obtained in terms of paragraph                                        
3.66 of the Listings Requirements of the Yes                                    
JSE Limited                                                                     
Name of director                         Mark Wayne Godfrey                     
Date of transaction                      8 December 2010                        
Nature of transaction                    Acceptance of options in terms of      
                                       the SPAR Employee Share Incentive        
Scheme                                   
Class of securities                      Options over ordinary shares           
Number of shares covered by options      25 000                                 
Strike price                             9 991 cents per share                  
Vesting period                           In equal thirds on the 3rd, 4th and    
                                       5th anniversary of the allocation        
Value of transaction                     -                                      
Nature and extent of directors` interest Direct beneficial                      
Transaction completed on market          No                                     
Clearance obtained in terms of paragraph                                        
3.66 of the Listings Requirements of the Yes                                    
JSE Limited                                                                     
Name of Company Secretary                Kevin James O`Brien                    
Date of transaction                      8 December 2010                        
Nature of transaction                    Acceptance of options in terms of      
                                       the SPAR Employee Share Incentive        
Scheme                                   
Class of securities                      Options over ordinary shares           
Number of shares covered by options      20 000                                 
Strike price                             9 991 cents per share                  
Vesting period                           In equal thirds on the 3rd, 4th and    
                                       5th anniversary of the allocation        
Value of transaction                     -                                      
Nature and extent of directors` interest Direct beneficial                      
Transaction completed on market          No                                     
Clearance obtained in terms of paragraph                                        
3.66 of the Listings Requirements of the Yes                                    
JSE Limited                                                                     
Pinetown                                                                        
9 December 2010                                                                 
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited                  
Date: 09/12/2010 10:32:03 Produced by the JSE SENS Department.                  
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