Massmart - Notification of executive committee mem
MSM
MSM
Massmart - Notification of executive committee member"s dealing in Massmart
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 Executive Committee Member"s dealing in Massmart securities
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the
following dealings in the securities of Massmart have taken place by an
executive committee member of the company:
Executive Committee Member: S Glendinning
Number of securities: 50,000
Class of security: Ordinary
Nature of interest: Direct/beneficial
Nature of transaction: Sale of shares
Date: 3 November 2006
i) Nature of transaction: Sale of shares
Date: 2 November 2006
No: 14,047
Price: R 60.00
Total transaction value: R842,820.00
ii) Nature of transaction: Sale of shares
Date: 3 November 2006
No: 35,953
Price: R 60.1239
Total transaction value: R2,161,634.58
Shareholding: The shares sold represent 16.5% Mr Glendinning"s 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 Glendinning still holds 252,500 Massmart shares or
options.
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
6 November 2006
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 06/11/2006 03:40:03 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
