| Wed 28 Sep 2011, 15:47 | | MSM - Massmart Holdings Limited - Notification of director`s dealing in |
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MSM
MSM
MSM - Massmart Holdings Limited - 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 Listing Requirements, the
following dealings in the securities of Massmart Holdings Limited have
taken place by a Director of a subsidiary company of Massmart:
Director: Jay Currie
Subsidiary: Masscash Holdings (Pty) Ltd
Number of securities: 70,755
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of Options / Sale of shares
Option Strike dates: 23 May 2006, 24 May 2007
Date: 27 September 2011
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 4,123
Vesting Periods: 23 May 2011, 24 May 2011
Price: Weighted Average price: R80.02
ii) Nature of transaction: Sale of shares
No: 70,755
Price: R146.2416
Total transaction value: R 10,347,324.41
The transaction set out above was an on-market trade
Shareholding: The shares sold represent 37.70% of Mr Currie`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 Currie still holds 116,942 Massmart shares or
options.
28 September 2011
Johannesburg
Sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 28/09/2011 15:47:02 Produced by the JSE SENS Department.
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