THE SPAR GROUP LIMITED - Exercise of options and sale of shares
SPP 201307080020A
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 dealings by the company secretary of SPAR:
Name of company secretary : Mr Kevin O’Brien
Nature of transactions : Exercise of options granted in terms of the rules of
the SPAR Share Incentive Scheme, and the subsequent
sale of shares
Date options exercised : 4 July 2013
Nature of transaction : Exercise of options
Class of security : Options in respect of SPAR ordinary shares
Number of options exercised : 18 200
Strike price per option : 5 000 options at R58.10
6 600 options at R50.23
6 600 options at R66.42
Value of options exercised : R1 060 390
Date shares sold : 4 July 2013
Nature of transaction : Sale of shares
Class of security : Ordinary shares
Number shares sold : 5 000
Selling price : R117.38
Total value of sale : R586 900
Date shares sold : 5 July 2013
Nature of transaction : Sale of shares
Class of security : Ordinary shares
Number shares sold : 13 200
Selling price : R116.00
Total value of sale : R1 531 200
Nature and extent of interest in the : Direct beneficial
exercise of options and subsequent
sale of shares
Clearance obtained in terms of : Yes
paragraph 3.66 of the Listings
Requirements to exercise options and
subsequently sell shares
On-market or off-market : Exercise of options concluded off-market and sale of
shares concluded on-market.
Pinetown
8 July 2013
Sponsor
One Capital
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