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SHP
SHP
SHP - Shoprite Holdings Limited - Dealing in securities by a non-executive
director
Shoprite Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1936/007721/06)
ISIN no: ZAE 000012084
JSE share code: SHP
("Shoprite")
DEALING IN SECURITIES BY A NON-EXECUTIVE DIRECTOR
In compliance with rule 3.63 of the JSE Listings Requirements, the following
information is disclosed:
Director Dr C H Wiese
Office Held Non-executive Chairman
Date transactions effected 25 October 2011
Interest Indirect beneficial interest
through Titan Share Dealers (Pty) Ltd,
an associate of Dr Wiese, and a company
in which Dr Wiese is a director and
shareholder ("TSD")
Nature of transactions Purchase of OTC equity derivative
put options with a bank over ordinary
shares in Shoprite ("SHP shares"), for
the purpose of providing security for
funding utilised by TSD & fellow
subsidiaries to acquire an interest in
Brait SA pursuant to a capital raising
exercise, final details of which were
announced on SENS by Brait SA on 6 July
2011
Terms of transactions (i) Bought put options over SHP shares
with expiry of 28 February 2014:
- 1,100,000 shares at strike
R87.90/share
- 1,100,000 shares at strike
R90.90/share
- 1,100,000 shares at strike
R93.90/share
(ii) Bought put options over SHP
shares with expiry of 30 May 2014:
- 1,100,000 shares at strike
R87.90/share
- 1,100,000 shares at strike
R90.90/share
- 1,100,000 shares at strike
R93.90/share
(iii) Bought put options over SHP
shares with expiry of 29 August 2014:
- 1,100,000 shares at strike
R87.90/share
- 1,100,000 shares at strike
R90.90/share
- 1,100,000 shares at strike
R93.90/share
(iv) Bought put options over SHP
shares with expiry of 28 November 2014:
- 1,100,000 shares at strike
R87.90/share
- 1,100,000 shares at strike
R90.90/share
- 1,100,000 shares at strike
R93.90/share
The security value of the put options
equals R1.2 billion.
Clearance to deal received Yes
Cape Town
25 October 2011
Sponsor
Nedbank Capital
Date: 25/10/2011 17:39:01 Produced by the JSE SENS Department.
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