SPP - The Spar Group Limited - Exercise of options and sale of shares
SPP
SPP
SPP - The Spar Group Limited - Exercise of options and sale of shares
THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE Code: SPP
ISIN: ZAE000058517
("SPAR")
EXERCISE OF OPTIONS AND SALE OF SHARES
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, we
hereby advise of the following dealing by an executive director of SPAR:
Name of director Mr Roelf Venter
Date of transaction 2 March 2011
Nature of transaction Exercise of options in terms of the rules of
the SPAR Share Incentive Scheme and
subsequent sale of shares.
Class of security Options in respect of SPAR ordinary shares
Number of options exercised and 11 000 at R13.06 per share
strike price
Total value of transaction R143 660.00
Number of shares sold and selling 11 000 SPAR ordinary shares at R94.23 per
price share
Total value of sale R1 036 530.00
Nature and extent of directors` Direct beneficial
interest
Clearance obtained in terms of
paragraph 3.66 of the Listings Yes
Requirements of the JSE Limited
Exercise of options concluded off-
market and sale of shares concluded
on-market
Pinetown
3 March 2011
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 03/03/2011 14:06:34 Produced by the JSE SENS Department.
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