Massmart - Notification of Subsidiary Director"s d
Massmart - Notification of Subsidiary 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: ZAE000029534
(`Massmart` or `the company`)
Notification of Subsidiary Director`s dealing in Massmart Holdings Limited
securities
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the
following dealings in the securities of Massmart Holdings Limited have taken
place by a director of a subsidiary company:
Director: Gert Lourens
Subsidiary Company: Makro
Number of securities: 14,273
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Sale
Date: 27 May 2005
1. Nature of transaction: Exercise of options
Number of securities: 7,852
Price: R13.88 per option
Number of securities: 6,421
Price: R18.98 per option
2. Nature of transaction: Sale of shares
Price: R43.0151 per share
Total transaction value: R613,954.52
Shareholding: The shares sold represent 14.87% of Mr Lourens` Massmart
shareholding comprising direct purchases and/or shares acquired in terms of the
rules of the Massmart Holdings Limited Employee Share Trust. After the
abovementioned sale, Mr Lourens still holds 81,711 shares or options.
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
30 May 2005
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 30/05/2005 12:58:09 PM
Produced by the JSE SENS Department
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