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 section 3.63 of the JSE Limited Listings Requirements
("Listings Requirements"), we hereby advise of the following dealing by a
non-executive director of SPAR:
Name of director Peter Kilby Hughes
Date of transaction 12 March 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 securities Options in respect of SPAR ordinary
shares
Number of options exercised and 1 448 at R15.10867 per share
strike price
Total value of transaction R21 877.354
Number of shares sold and selling 1 448 SPAR ordinary shares at
price R117.00 per share
Total value of sale R169 416.00
Clearance obtained in terms of
paragraph 3.66 of the Listings Yes
Requirements
Exercise of options concluded off-
market and sale of shares concluded
on-market.
Pinetown
13 March 2012
Sponsor
One Capital
Date: 13/03/2012 16:00:03 Produced by the JSE SENS Department.
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