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
("Listings Requirements"), we hereby advise of the following dealing by the
company secretary of SPAR:
Name of director Mr Kevin O`Brien
Date of transaction 14 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 strike 10 000 at R46.22 per share
price
Total value of transaction R462 200.00
Number of shares sold and selling 10 000 SPAR ordinary shares at
price R92.58 per share
Total value of sale R925 800.00
Nature and extent of directors` Direct beneficial
interest
Clearance obtained in terms of
paragraph 3.66 of the Listings Yes
Requirements
Exercise of options concluded off-
market and sale of shares concluded on-
market
Pinetown
15 March 2011
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 15/03/2011 09:27:00 Produced by the JSE SENS Department.
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