| Fri 26 Oct 2012, 15:36 | | MASSMART HOLDINGS LIMITED - Notification of Directors dealing in Massmart Holdings Limited securities |
|
MSM 201210260034A
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: ZAE0000152617
(“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 an Executive
Director of Massmart:
Director: Ilan Zwarenstein
Company: Massmart Holdings Ltd
Number of securities: 20,000
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of options / Sale
of shares
Option strike dates: 01 April 2008, 26 May 2008,
27 May 2009
Date of sale: 25 October 2012
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 20,000
Vesting Periods: 01 April 2011, 01 April
2012, 26 May 2011, 27 May
2011, 26 May 2012
Price: Weighted Average Price:
R72.09
ii) Nature of transaction: Sale of shares
No: 20,000
Price: R 172.3843
Total transaction value: R 3,447,686.00
The transaction set out above was an on-market trade.
Shareholding: The shares sold represent 9.87% of Mr
Zwarenstein’s Massmart shareholding comprising direct
purchases and/or shares and share options acquired in terms of
the rules of the Massmart Holdings Limited Employee Share
Trust. After the abovementioned sale, Mr Zwarenstein still
holds 182,659 Massmart shares or options.
Johannesburg
26 October 2012
Sponsor: Deutsche Securities (SA) Proprietary Limited
Date: 26/10/2012 03:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
