| Mon 29 Aug 2011, 17:40 | | MSM - Massmart - Notification of Director`s dealing in Massmart Holdings Limited |
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MSM
MSM
MSM - Massmart - Notification of 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: ZAE000152617
("Massmart" or the "Company")
Notification of Director`s dealing in Massmart Holdings Limited securities
In compliance with rule 3.63 to 3.66 of the JSE Listings Requirements, the
following dealings in the securities of Massmart have taken place by Directors
of the Company and a Director of a subsidiary company of Massmart:
Director: Grant Pattison
Number of securities: 49,000
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of Options / Sale of shares
Option Strike date: 27 August 2001
Date of transaction: 26 August 2011
Prior authority to transact: Obtained
(i) Nature of transaction: Exercise of options
No: 49,000
Vesting Periods: 27 August 2005, 27 August 2006
Price: Weighted Average price: R10.95
(ii) Nature of transaction: Sale of shares
No: 49,000
Price per share: R148.5055
Total transaction value: R 7,276,769.50
The transaction set out above was an on-market trade
Shareholding: These options exercised and shares sold were required to be traded
due to the expiry on 27 August 2011 of the ten year term. The shares sold
represent 5.21% of Mr Pattison`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 Pattison still
holds 892,473 Massmart shares or options.
Director: Guy Hayward
Number of securities: 36,750
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of Options / Sale of shares
Option Strike date: 27 August 2001
Date of transaction: 26 August 2011
Prior authority to transact: Obtained
(i) Nature of transaction: Exercise of options
No: 36,750
Vesting Periods: 27 August 2005
Price: Weighted Average price: R10.95
(ii) Nature of transaction: Sale of shares
No: 36,750
Price per share: R148.5055
Total transaction value: R 5,457,577.13
The transaction set out above was an on-market trade
Shareholding: These options exercised and shares sold were required to be traded
due to the expiry on 27 August 2011 of the ten year term. The shares sold
represent 8.53% of Mr Hayward`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 Hayward still
holds 394,394 Massmart shares or options.
Director: Llewellyn Walters
Subsidiary: Massbuild
Number of securities: 46,179
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of Options / Sale of shares
Option Strike date: 27 October 2008
Date of transaction: 26 August 2011
Prior authority to transact: Obtained
(i) Nature of transaction: Exercise of options
No: 46,179
Vesting Periods: 27 October 2010
Price: Weighted Average price: R72.42
(ii) Nature of transaction: Sale of shares
No: 46,179
Price per share: R148.5055
Total transaction value: R 6,857,835.48
The transaction set out above was an on-market trade.
Shareholding: The shares sold represent 25.00% of Mr Walters` 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 Walters still holds 138,537 Massmart shares or options.
29 August 2011
Johannesburg
Sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 29/08/2011 17:40:03 Produced by the JSE SENS Department.
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