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 22 August 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 price 6 800 at R29.00 per share
Total value of transaction R197 200.00
Number of shares sold and selling price 6 800 SPAR ordinary shares at
R91.43 per share
Total value of sale R621 724.00
Nature and extent of directors` interest Direct beneficial
Clearance obtained in terms of paragraph 3.66
of the Listings Requirements Yes
Exercise of options concluded off-market and
sale of shares concluded on-market
Pinetown
24 August 2011
Sponsor: One Capital
Date: 24/08/2011 12:51:01 Produced by the JSE SENS Department.
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