MSM
MSM
MSM - Massmart - 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: Robin Wright
Number of securities: 533,006
Class of security: Ordinary
Nature of interest: Indirect, non-beneficial
Nature of transaction: Exercise of options / Sale of shares
i) Nature of transaction: Exercise of options
No: 433,006
Price: R 12.37 per option
ii) Nature of transaction: Exercise of options
No: 50,000
Price: R12.25 per option
iii) Nature of transaction: Exercise of options
No: 50,000
Price: R10.95 per option
iv) Nature of transaction: Sale of shares
Date: 23 February 2007
No: 533,006
Price: R83.6594
Total transaction value: R44,590,962.16
Shareholding: The shares sold represent 48.69% of Mr Wright`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 Wright still holds 561,602 Massmart shares or options.
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
26 February 2007
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 26/02/2007 17:38:57 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
