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 19 January 2012
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 6 600 at R50.23 per share
Total value of transaction R331 518.00
Number of shares sold and selling price 6 600 SPAR ordinary shares at
R113.10 per share
Total value of sale R746 460.00
Number of options exercised and strike price 5 000 at R58.10 per share
Total value of transaction R290 500.00
Number of shares sold and selling price 5 000 SPAR ordinary shares at
R113.10 per share
Total value of sale R565 500.00
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
19 January 2012
Sponsor: One Capital
Date: 19/01/2012 16:07:01 Produced by the JSE SENS Department.
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