THE SPAR GROUP LIMITED - Exercise of options and sale of shares by a director
SPP 201703020051A
Exercise of options and sale of shares by a director
THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE Code: SPP
ISIN: ZAE000058517
("SPAR" or the “Company”)
EXERCISE OF OPTIONS AND SALE OF SHARES BY A DIRECTOR
In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, SPAR
shareholders are hereby advised of the following dealings in securities by a director of the Company:
Name of director: Mr Mark Wayne Godfrey
Nature of transactions: Exercise of options in terms of the rules of the
SPAR Group Limited Share Employee Trust 2004
(“Exercise”) and subsequent sale of shares
(“Sale”)
Transactions completed: Exercise: off-market
Sale: on-market
Nature of interest: Direct beneficial
Clearance given in terms of paragraph 3.66: Yes
Exercise
Date of Exercise: 24 February 2017
Class of security: Options in respect of SPAR ordinary shares
Number of options exercised and strike price: 20 000 at R46.22 (which expire on 9 March 2017)
(“Exercise 1”)
8 000 at R58.10 (which expire on 4 December
2017) (“Exercise 2”)
Total value of Exercise 1: R924 400.00
Total value of Exercise 2: R464 800.00
Sale
Transaction 1
Date of Sale: 24 February 2017
Number of SPAR ordinary shares sold: 169
Price per ordinary share: R183.00
Total value of SPAR ordinary shares sold: R30 927.00
Transaction 2
Date of Sale: 27 February 2017
Number of SPAR ordinary shares sold: 27 831
Price per ordinary share: R183.00
Total value of SPAR ordinary shares sold: R5 093 073.00
Pinetown
2 March 2017
Sponsor
One Capital
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