MSM
MSM
MSM - Massmart - Executive Committee Member`s dealing in 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 ListingsRequirements, the
following dealings in the securities of Massmart have taken place by an
Executive Committee Member of the Company:
Executive Committee Member: Gareth Owens
Number of securities: 200,000
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of options / Sale of shares
i) Nature of transaction: Exercise of options
No: 200,000
Price: R 10.95 per option
ii) Nature of transaction: Sale of shares
Date: 23 February 2007
No: 200,000
Price: R83.6594
Total transaction value: R16,731,880.00
Shareholding : The shares sold represent 34% of Mr Owen`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 Owen still holds 388,147 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 17:36:57 Produced by the JSE SENS Department.
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